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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The government has ordered telecoms firm Safaricom to stop processing payments for sports betting companies, potentially shutting down a lucrative source of revenue for the company.
Online sports betting companies such as SportPesa have grown rapidly in the East African nation in recent years, riding a wave of enthusiasm for sports to achieve combined revenue of 204 billion shillings ($2 billion) last year.
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