@BusinessDaily

Kenya’s new tax on betting highest in region, says PwC

8 days ago, 08:50

By: Bd Reporter

Consultancy firm PricewaterhouseCoopers (PwC) has revealed Kenya’s betting tax is the highest in the region and ahead of gaming hubs like the famed Las Vegas. PwC says the new 35 per cent tax on all gambling revenues is higher compared to other African countries like South Africa which charges 9.6 per cent, Rwanda (13) and Uganda (20). Neighbours Tanzania replaced corporate tax in the gaming industry with a six per cent tax on revenue as an incentive to attract more players to invest in the busi ...
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@BusinessDaily

Kenya’s new tax on betting highest in region, says PwC

8 days ago, 08:50

By: Bd Reporter
Consultancy firm PricewaterhouseCoopers (PwC) has revealed Kenya’s betting tax is the highest in the region and ahead of gaming hubs like the famed Las Vegas. PwC says the new 35 per cent tax on all gambling revenues is higher compared to other African countries like South Africa which charges 9.6 per cent, Rwanda (13) and Uganda (20). Neighbours Tanzania replaced corporate tax in the gaming industry with a six per cent tax on revenue as an incentive to attract more players to invest in the busi ...
Read More

Category: business news lifestyle economy opinion markets corporate

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19 hours ago, 11:46
@BusinessDaily - By: Kiplagat Edwin
Ethiopian Airlines acquires 45pc stake in Zambia Airways

Zambia set to revival national carrier after more than two decades. ...

Category: business news corporate lifestyle economy opinion markets
18 hours ago, 13:09
@TheEastAfrican - By: Business Daily
Safaricom hits $11.7bn value in New Year rally

The company’s stock has risen 10 per cent in the first two weeks of the year. ...

Category: business topnews news
15 hours ago, 15:53
@DailyNation - By: Charles Mwaniki
Political stability will cut bad loans, says UK’s Exotix

Exotix Partners says slow economy contributed to rise in non-performing loans in 2017. ...

Category: topnews news business
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Kenya beats top rivals to rank fifth on stock markets index

A survey by Barclays shows a strong performance in key pillars including depth and macro-economic opportunity. ...

Category: topnews news business
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