A Sh1.4 billion tax bill frozen by a tribunal technicality. A Sh95 billion demand that collapsed to Sh17.5 billion. A brand that has shut down, rebranded and relitigated its way through three prime ministerial terms of Kenyan tax administration while punters staked more last year than the entire country invested in shares at the Nairobi bourse.
Until EACC and DCI close their files with an answer, and until FKF publishes the forensic audit its own executive committee demanded in April, every court victory is a postponement, not a pardon.
How a disputed court order, billion-shilling trademark transfers, shareholder dilution and conflicting judgments in Nairobi and London turned one of Kenya’s biggest corporate success stories into one of its longest-running legal wars.
Kenyan operators and industry associations strongly criticized the draft Gambling Control Act, calling the proposed payments and requirements “unprecedented and punitive.” In the view of market participants, the new rules could deal a serious blow to the legal sector, pushing business into the grey market. The comments were made at public forums held by the […]
An ordinary Tuesday in Nairobi turned into a life-changing moment for an anonymous player. A smartphone notification told him that he’d landed the jackpot in the Sevens Joy mobile slot game worth Ksh3.2 million (about $24,600). The platform billed it as a “life-changing” win. The news stood out not so much because of the prize […]
EVIAN-LES-BAINS, France, June 17 (Reuters) – Kenya’s soccer-mad President William Ruto, an avid Arsenal fan, said on Thursday he had invited the Premier League champions to visit after thousands of jubilant supporters flooded Nairobi’s streets to celebrate the club’s first title in more than 20 years. The North London side ended their 22-year wait for […]
As the GRA’s June 30 licensing deadline looms, industry insiders are raising urgent questions about whether a Director General who built his career inside the betting industry can now fairly judge the companies he once stood beside. Sources with direct knowledge of the renewal process tell Kenya Insights that Karimi has cultivated proximity to at least one major operator carrying one of the most damaging compliance records in the industry’s history.
While Argentine star Messi holds record for most appearances in World Cup history with 26 matches, Portuguese footballer Ronaldo is 1st footballer to score in 5 different World Cups
Before the government’s intervention, pay television operators including SuperSport International, Azam TV and New World TV were among broadcasters listed as rights holders for the tournament in the region.
Kenya’s Parliament has radically overhauled the betting industry’s tax system by enshrining the changes in the Finance Act 2025. Instead of the previous model of withholding on winnings, two mirror-image levies are being introduced: 5% when topping up a betting account from a mobile wallet and 5% when withdrawing funds. The authorities are counting on […]
The Companies Registry certificate for Riskwell Insurance Brokers Limited is now in the public domain. It names the company’s three director-shareholders. It records a nominal share capital of just Ksh 100,000. It confirms incorporation on 25 June 2025. It does not explain how, six weeks later, this company was holding Sh42.4 million of Football Kenya Federation money for a tournament insurance transaction that a licensed, established competitor had offered to do for Sh13.3 million less.
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