Punitive charges to tame growth of Kenya's betting industry
Kenya has set the pace for the other East African countries to tame the betting and gambling craze, after imposing punitive tax measures in the 2017/18 budget.
In an unprecedented move to arrest the phenomenal growth of the gambling industry that has taken the region by storm, Kenya has increased tax on the industry to a flat rate of 50 per cent on the basis that its expansion is beginning to have negative social effects.