Kenyan writer urges parliament to reject proposed Finance Bill 2024
An open letter published on 18 June urged Kenya’s parliament to reject the proposed Finance Bill 2024, arguing that its tax provisions would harm the betting industry. The writer said the bill would raise excise duty on gaming stakes from 12.5% to a proposed 20%; the proposal was before the National Assembly.
The proposed tax increase could affect betting companies operating in Kenya if parliament approves it.