Gaming: Sportpesa feted for good tax record

CEO SportPesa Ronald Karauri during the unveiling of the annual SportPesa Cup tournament in Nairobi on Wednesday, May 24, 2017. [PHOTO: JONAH ONYANGO/STANDARD]

 

SportPesa has received a top taxpayer honour for the third year in a row in recognition of its contribution to the economy.

Speaking during a courtesy call at the SportPesa offices in Nairobi, Kenya Revenue Authority’s representative, Emma Mwambia, said the company had been compliant in remitting its taxes.

“We want to thank and appreciate you for the role you play in the economy,” said Mwambia.

“It is our hope that you continue to grow,” she said.

SportPesa CEO Ronald Karauri affirmed the firm’s commitment to the Kenyan market, adding that he was open to talks on a fair tax policy.

“We are delighted to receive this recognition for the third consecutive time, given that we are only four years old yet we have managed to make a positive contribution to the economy,” Karauri said.

SportPesa is among 10 companies to be honoured by KRA under the Medium Taxpayers category, which has nearly 4,000 organisations. The achievement is for tax compliance during the 2017/2018 period.

The KRA’s Medium Taxpayers Office was established in November 2010 to serve the needs of mid-income organisations and to improve the compliance rate of the entities by addressing their unique needs.

SportPesa is a key investor in local sports.

[Standard Sports]