
According to report from local news on Saturday July 4, few days after President Uhuru Kenyatta signed into law the financial bill 2020 which dropped the 20% exercise duty on betting firms. The government soon realized that they were shortchanged into amending the betting law imposed by interior cabinet secretary Fred Matiangi.
Dr Fred Matiangi and and Treasury chairman Ukur Yattani announced plans to reintroduce betting firms to the country. However, the amendment law caused upset in the government. Kipkellion MP Joseph Limo was kicked out as National Assembly Finance Committee for trying to scraped the 20% exercise duty imposed on betting firms.
Mr Joseph Limo is well known to be a close Allie to Deputy President William Ruto. Treasury chairman Ukur Yattani wrote a letter to the National Assembly for the amendments of the laws imposed on betting firms.
However, Dr Fred Matiangi stated that the laws governing betting firms will be introduced. Many Kenyan punters are hopefully waiting for the return of popular betting firms.
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