77Millicent Nyamancha Wins 20M In Pambazuka National LotteryEarly Sunday, Pambazuka National Lottery announced that it had suspended operations in Kenya citing high taxes imposed by Government. “Operating any lottery under this framework is not possible and therefore business operations are forced to close,” the firm said. The firm added that 35 per cent tax on all tickets sales has made them to suspend their operations until a "sustainable regulatory framework" is in place. With the new tax, Kenya now has the highest rate globally for this industry given that the companies will also pay other taxes such as corporate tax. FKF will have to get money to pay national team coach Paul Put and technical director Andreas Spiers, who were both paid by the betting firm.

Source: Standard Digital January 07, 2018 16:07 UTC