×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Read on the App

Kenya should take over sports funding role from wellwishers

AFC Leopard Gilbert Fiamenyo(R) and Ernest Wendo of Gor Mahia battle for ball possession during their Sportpesa Premier League match

On Tuesday, decision by one of the major betting companies, Sportpesa, to pull out of sports sponsorship over increased taxes should get sports lovers in the country concerned.

While presenting the budget statement for the 2017/2018 financial year, National Treasury Cabinet Secretary Henry Rotich seemed to have been inspired by former US President Ronald Reagan’s dictum: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in