KENYA
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Kenya
Tough times ahead: Additional Gambling Taxes for Kenya Betting Firms
The State is preparing two new taxes for betting companies, intensifying its assault on the multi-billion shilling business whose expansion…
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Kenya
10 New Betting Sites Licensed to Operate in Kenya
Ten new betting sites have received licenses to operate in Kenya, demonstrating the industry’s expansion despite higher taxes intended to…
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Fintech
Diaspora Remittances to Kenya sees Exponential Growth in Africa
Even as more Kenyans continue to look for employment opportunities inside the African continent and beyond, Kenya has seen a…
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Crypto
Kenyans to pay 3 pc in taxes on the sale of digital assets
As of Friday (September 1), when the law enacting the new tax goes into effect, Kenyans will be compelled to…
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Kenya
KSh10.1 million Worth of Bets Every Hour: Kenya the Gambling Nation
Kenyans bet a record Sh88.5 billion on internet betting alone between July 2022 and June 2023. This amount is calculated…
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Technology
Calls for a ban of Tiktok in Kenya
Bob Ndolo, Executive Officer of Bridget Connect Consultancy, petitioned the Kenyan government for a ban on Tiktok, citing the app’s…
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Technology
Network Outage results in Apps, Bank Systems, Government Services Down
Kenyans and businesses across the country were impacted for most of Thursday due to a technical issue that rendered most…
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East Africa
Tough July Awaits for the Gambling Sector in Kenya
Small and medium-sized enterprises, social media influencers, gamblers, and top incomes will be among the first to be affected by the…
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East Africa
Excise Duty on Gambling Down to 12.5pc in Updated Finance Bill Proposal
The fierce opposition to greater levies for the gambling industry during the revision of the Finance Bill has led to…
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Articles
Finance Bill 2023, A Bad Idea for The Sports Industry in Kenya
The Finance Bill 2023 has received close to nill support from the public, with President William Ruto and his deputy Rigathi…
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