KENYA
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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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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,…
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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…
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News
Betting Companies Gives fake sponsorship numbers to avoid  taxes
In order to lower their tax burden and avoid paying millions of dollars in corporation taxes, betting companies have been…
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Kenya
Betting firms in Kenya to remit taxes daily through M-Pesa
Betting companies in Kenya will now be required to calculate their taxes after midnight every day and send them to…
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Central Bank Digital Currencies (CBDCs) in Africa Podcast
In September last year, The Central Bank of Nigeria (CBN) partnered with Barbadian fintech firm Bitt, to develop the country’s…
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