Daily news

  • daily_news

    The Kenyan Tax Appeals Tribunal has ruled in favour of betting operators that challenged whether a controversial gambling tax should be levied on player winnings, rather than their original stakes.

  • daily_news

    The Kenyan government's struggles with the country's betting and gaming industry will hit mobile network operator Safaricom's revenue, with the contribution from its M-Pesa mobile payments solution set to decline, according to analysts for investment bank Genghis Capital.

  • daily_news

    SportPesa has announced that it has made its 453 Kenyan employees redundant after closing its operations in the country, as it urged the country’s authorities to repeal the 20% excise tax rate on all stakes that caused it to withdraw from the market.

  • daily_news

    Kenya’s largest betting operator SportPesa said it will halt operations in Kenya after the country’s parliament voted to increase a tax on betting stakes at 20% for the 2019-20 fiscal year.

  • daily_news

    Kenyan president Uhuru Kenyatta has called upon the country's lawmakers to pass a total ban on gambling in the country, also warning that he expected bookmakers to pay in full any taxes considered to be owed to the authorities.

  • daily_news

    Kenya's SportPesa is gearing up for a protracted legal battle with the country's government as a dispute that has already seen the operator's mobile payment solution shut down and its activities in the market suspended rumbles on.

  • daily_news

    The Kenyan Government has set out plans to introduce a new 10% tax on sports betting stakes as part of a wider effort to clamp down on problem gambling in the country.

  • daily_news

    The Kenyan National Assembly is considering a bill that would revamp the country’s regulatory framework for gambling, imposing significantly higher costs on licensed operators and establishing the country’s first national lottery.

  • daily_news

    Kenya’s High Court has temporarily suspended an order by the country’s Betting Control and Licensing Board (BCLB) that blocked celebrities from participating in gambling advertisements and promotions.

  • daily_news

    Campaigners had been keen to lower the rate to 15%

  • daily_news

    The majority of Kenyans are opposed to a planned increase in tax on gross profit from gambling activities the country.

  • daily_news

    Sportpesa has opted to move to court in an effort to challenge new gambling tax laws in Kenya.

  • daily_news

    Online gaming company SportPesa has warned that it could cease operations in Kenya after the country’s government introduced a new 35% tax on gross profit from gambling activities.

  • daily_news

    Kenyan President Uhuru Kenyatta has signed a new law that will impose a tax of 35% of gross profit on all gambling activities in the country.

  • daily_news

    Kenyan MPs have approved a new 35% tax on gambling companies, in a move that represents a significant increase on the current rate of 7.5%.