President Uhuru proposes 35 per cent tax on betting firms

President Uhuru Kenyatta photo:courtesy

President Uhuru Kenyatta asked Parliament to approve a proposal to raise taxation on betting companies to 35 per cent.

He declined to assent to a proposal by the law makers to retain taxation at 15 per cent in the Finance Bill 2017. The National Assembly will consider the recommendation before the House goes on recess.