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SportPesa to shut down Kenyan unit after tax increase

Gor Mahia players hold SportPesa Supercup Trophy after beating AFC leopards in the finals at Uhuru Stadium in Dar es Salaam on June 11, 2017. FILE PHOTO | VINCENT OPIYO | NMG

By  EDWIN OKOTH

Gaming firm SportPesa will close its Kenyan operations and move to other jurisdictions should the law prescribing a 35 per cent turnover tax for the industry remain in force.

The firm is considering shifting base to Tanzania or the United Kingdom (UK) in a move that could lead to loss of tens of jobs.

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Note: The results are not exact but very close to the actual.

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