Betting tax,Betting withdrawal tax Stories
Under the new Finance Act 2025, any money taken out of a betting account is taxed, regardless of whether it is winnings or the original deposit.
Foreign Affairs Principal Secretary Korir Sing’Oei explained that GCA, an international non-governmental organisation based in Rotterdam, Netherlands,...
Kilavuka traced the airline’s financial collapse to a series of external shocks that hit shortly after Project Mawingu began.
The bulk of the revenue came from the earlier Digital Service Tax (DST), which was introduced in June 2020 at 1.5 per cent of gross turnover before be...
KPA Chair Kiarie Kamau linked the tax removal to supporting lifelong learning goals aligned with Kenya’s Vision 2030 and the Competency-Based Curricul...
The survey showed that 14 per cent of Kenyans cited corruption, while six per cent blamed lack of employment opportunities and two per cent pointed to...
Revenue for the coming financial year is projected at Sh3.58 trillion, while planned expenditure is Sh4.64 trillion, leaving a Sh1 trillion budget gap...
The National Treasury’s draft 2025 Budget Review and Outlook Paper (BROP) indicates that KRA collected Sh1.093 trillion in income tax against a target...
Tax collections alone were Sh76 billion short, with income tax contributing the largest deficit of Sh32.1 billion. Treasury also cited the withdrawal...
KRA said the consignment was intercepted following an intelligence report and had arrived on September 18, 2025, aboard a cargo plane.
In the first half of 2025 alone, the Insurance Fraud Investigation Unit (IFIU) received 85 reports of fraudulent claims, 45 of which involved motor in...
The study points to businesses increasingly being involved in these illegal activities, while corruption, fake goods, and trade misinvoicing remain th...
Kenya was grey-listed by the Financial Action Task Force (FATF) in February 2024 for inadequacies in its money laundering/countering financing of terr...
Cape Town has seen a surge in gun violence and gang-related killings in recent weeks, prompting warnings from civil society that the Western Cape Prov...
Bolt said drivers who maintain excellent ratings, accept trips promptly, and complete a large number of rides are the ones seeing the highest earnings...
A TIFA survey shows that 82 per cent of citizens cite rising prices of basic goods and services such as food, transport, and utilities as the biggest...
Despite the SHA Act’s promise to guarantee affordable healthcare for all, especially those grappling with chronic and critical illnesses like cancer,...
The dispute stemmed from legal services rendered in Nairobi RMCC No. 2 of 2003, where the advocate was initially instructed by the then City Council o...
The African Union has warned the continent loses billions in illicit financial flows each year. Analysts say stopping tax evasion and corruption is ju...
Owino described Kenya Moja as a platform where like-minded MPs can exercise oversight over the government.
The African Union has warned the continent loses billions in illicit financial flows each year. Analysts say stopping tax evasion and corruption is ju...
Match Masters Limited, filed the case arguing that the excise duty introduced by Tanzania violates the EAC Treaty and amounts to protectionism.
The initiative is powered by EHang, a global leader in urban air mobility technology, which has joined forces with CRBC to expand its international fo...
Eastleigh’s communal spirit is rooted in Islam, whose teachings emphasise shared responsibility and the belief that each neighbour’s well-being is a c...
Ruto stressed that corruption and inefficiencies under the old system must end, and that officials who fail to embrace e-procurement have no place in...
Authorities maintain that the VI Tax will help Tanzania modernise its immigration controls and improve the passenger experience.
The inquiry comes after traders raised alarm over a KEBS directive requiring importers of used vehicles to pay an additional Sh12,000 for validation d...
CS Duale noted that the ban is a critical measure by the Ministry of Health to reduce the availability and attractiveness of tobacco products in Kenya...
The petition, filed by public interest advocate John Wangai, targets Section 7(3) of the Estate Duty Act (Cap 483), which explicitly states that inher...
Under the Prevention of Terrorism Act, terrorism is defined as any act that causes serious harm or endangers life, property, or public safety, and is...
