Court compels Betika to pay former employee Ksh12.5 million
Betting firm Betika will now have to pay its former technology boss Fred Gitonga Njagi his full dues totalling over Ksh12.5 million. This is after Justice Jacob Gakeri of the Employment and Labour Court declined to endorse the application by Shop & Deliver Ltd, popularly known as Betika, to withhold two-thirds of Gitonga’s terminal dues […]
Nakuru tops list of counties with indulgence in gambling, betting
A survey conducted by the Central Bank of Kenya, Kenya National Bureau of Statistics and the Financial Sector Deepening Trust – Kenya (FSD Kenya) have ranked Nakuru as the leading county in betting and gambling. The findings placed Nakuru with over a quarter of the population hooked to game-betting and other forms of gambling. The […]
Blow for betting firm Nanovas International over licence by High Court
Bernice Mbugua @BerniceMuhindi The High Court yesterday declined to suspend a decision by the Government to cancel betting licence of Nanovas International (K) Ltd company trading as BetPawa. Justice Weldon Korir ruled that the court had not found any compelling reason to issue the conservatory orders before hearing all parties in the suit. The firm had […]
Betting firms, KRA lock horns over move to impose 20% levy on winnings
Betting firms are up in arms with the Kenya Revenue Authority (KRA) over the move to impose 20 per cent withholding tax on all cash a punter wins including their stakes. The reaction comes even as gamers were dealt yet another blow after Treasury Cabinet Secretary Henry Rotich introduced excise duty on betting activities at […]