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Kenya media owners oppose proposed 15% excise levy on betting advertising

Regulation

The Media Owners Association of Kenya opposed a proposed 15% excise levy on advertising, alcohol, betting and lotteries in submissions to the National Assembly's Finance and Planning Committee on the Finance Bill 2023. The association argued that the measure could reduce advertising spending and lead to job cuts, and said betting and related products already face excise duty and advertising controls.

The association warns the proposed levy could cut advertising spending and jobs, affecting betting and related businesses.

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