Kenyan Treasury moves to restore 20% excise duty on betting stakes
19th May 2021
| By Daniel O Boyle
Kenya’s National Treasury followed through with plans to re-impose a 20% excise tax on betting stakes - a levy that forced leading brand Sportpesa to pull out of the market for over a year - through the country’s 2021 Finance Bill.
The bill, which was published last week after being submitted to Parliament at the end of April, says that excise duty on betting “shall be 20% of the amount wagered or staked”.
The legislation must be considered by Parliament, first by the Finance Committee of the National Assembly and then by the whole Assembly and Senate, before it would be presented to President Uhuru Kenyatta to be signed into law.
Lulu Hassan Shares Special Dinner With Suluhu at State House [PHOTOS]
Tanzanian President Samia Suluhu (left) and Citizen TV Anchor Lulu Hassan (right)
PSCU
Citizen TV anchor Lulu Hassan was among the Muslim women who joined Tanzanian President Samia Suluhu for
Iftar at State House on Tuesday, May 4.
Iftar, which is the evening meal with which Muslims end their daily Ramadan fast at sunset was held in an exquisite setting at Kenya President s residence in Nairobi.
Sharing the experience, Lulu Hassan expressed her gratitude to the Tanzanian president as well as to her former colleague Kanze Dena for the special evening.
Bellows Falls
First Baptist Church
It is a very hard thing for people to believe without seeing. In Johnâs Gospel we find Jesus suddenly appearing to the Disciples, standing among them, in a house with locked doors. They must have been startled! One week later, Jesus comes back. This time Thomas, who was not present the first time, is there to see Jesus and to touch Him. He Believes. How is it that we come to believe? The name of the sermon is âMy Lord and my God!â
Sunday Service has moved back online with a live online interactive service at 10 a.m. Contact the Pastors for details. Everyone is welcome to join in for worship, music and community. Join in at https://www.fbcbellowsfalls.com/this-week-s-service for an inspirational mid-week message and a recording of the Sunday Service.
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THE STANDARD
BUSINESS NEWS
Kenya s Parliament building in Nairobi (PHOTO: FILE)
NAIROBI, KENYA: A multi-billion trade deal between Kenya and United Kingdom has been ratified by both countries’ parliaments.
Parliament on Tuesday ratified the trade deal, which is estimated at Sh200 billion, a few days after the UK counterpart did the same.
On Wednesday, British High Commissioner to Kenya Jane Marriott in her tweet noted that the deal will bring significant benefits for Kenyan and British businesses, workers and the economies.
“Pleased our Economic Partnership Agreement has passed through both the UK and Kenyan Parliament. We look forward to the exchange of ratification instruments soon. This is a deal which brings significant benefits for Kenyan and British businesses, workers and our economies,” she tweeted.