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.