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Another blow for betting firms as Central Bank of Kenya weighs in on suspension

Central Bank of Kenya(CBK) Governor Patrick Njoroge addressing the press at his office on Thursday,28,2019,PHOTO;Beverlyne Musili,Standard

Amid the push and pull between the Government and betting companies over tax compliance issues, the Central Bank of Kenya has weighed in on the matter.

The Central Bank of Kenya this week notified the banks to halt the provision of banking services to the betting firms that have failed to comply with state regulations.

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