KENYA
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
News
Paid Partnerships and Digital Assets sales subject to Taxation
On May 4, the Kenya National Treasury suggested increased taxes on a number of items, including cryptocurrencies, income tax, VAT,…
Read More » -
News
Saving on Every Bet Placed in gambling legislation reform proposal
One of the recommendations of the Presidential Task Force on the Establishment of a National Lottery is to divert a…
Read More »
