SportPesa firm spared dissolution in the UK

SportPesa chief executive Ronald Karauri. FILE PHOTO | NMG

A UK-registered SportPesa company has been spared dissolution after an unnamed party successfully objected to the proposal that would have seen its assets worth Sh2 billion forfeited to the government.

SPS Sportsoft offers gambling software and support services and has common shareholders with its parent firm Sportpesa Global Holdings Limited (SPGHL) and Kenya’s pioneer sports betting firm Pevans East Africa Limited.

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