Pain for gamblers as government proposes hike of betting tax to 20%
Gamblers have yet again been hit after the government’s latest move to hike taxes on betting, gaming and lotteries. Treasury Cabinet Secretary Njuguna Ndung’u on Thursday, June 13, 2024, proposed to increase the betting and gambling excise duty tax rate to 20 per cent. Speaking before the National Assembly during the reading of the 2024/205 […]
Covid-19 hit Kenya economy at its weakest point, ex-CBK boss Ndung’u says
Prof Ndung’u says coronavirus pandemic found the Kenyan economy in a very weak position but Kenya has some peculiar advantages.