Kenya set to revoke controversial 20% turnover tax

National Assembly agrees to remove tax from budget but process faces potential presidential hurdle

Kenya’s National Assembly has voted to scrap the controversial 20% sports betting turnover tax that led to operators SportPesa and Betin pulling out of the market. The turnover tax was implemented in Kenya’s 2019/20 financial budget and saw SportPesa slam the decision, stating the tax hike was “based on a fundamental misunderstanding of how revenue…

Africa | Betsson Group | Finance | Kenya | SportPesa