Ruto wants Central Bank to compel Betting companies to pay taxes: “They’re opaque”

President William Ruto has today attended at the joint Safaricom-KCB-NCBDA presser.

CBK governor Patrick Njoroge is also present.

According to President William Ruto, the internet betting companies are now functioning in an opaque market.

During the press conference, Ruto pleaded with the CBK governor to moderate the businesses so they could also pay taxes.

“I am happy that the governor is bringing our online betting companies into the regulation space because we also want them to pay taxes. They are operating in an opaque space.”

Addressing Safaricom, Ruto said he purposed to attend the Safaricom meeting because he was sent by their customers.

He argued that his presence was for the sake of those who could not access the Safaricom offices.

“I was actually planning to come to you to have this meeting with you. I have been sent by your customers. The people who cannot make it to your offices or the negotiating table. The people want a mutually beneficial relationship, win-win out of this relationship,” he said.

Hot this week

Kangemi Family Seeks Justice After 17-Year-Old Boy Dies in Alleged Club Assault

A family in Kangemi is grappling with grief following...

Maina Kageni Opens Up About His First Job, Education Journey, and Hidden Talents

Veteran radio host Maina Kageni has shared new insights...

Boda Boda Rider Arrested in Connection with MP Charles Ong’ondo Were’s Murder

A boda boda rider was arrested on Tuesday night...

“Tunaabudu shetani” – Farouk Kibet Trends After Church Speech Slip-Up in Nandi

President William Ruto’s close aide, Farouk Kibet, is once...

DP Kindiki Denies Disrespecting CS Geoffrey Ruku, Says Remarks Were Misinterpreted

Deputy President Kithure Kindiki has refuted claims that he...

Topics

Kangemi Family Seeks Justice After 17-Year-Old Boy Dies in Alleged Club Assault

A family in Kangemi is grappling with grief following...

Maina Kageni Opens Up About His First Job, Education Journey, and Hidden Talents

Veteran radio host Maina Kageni has shared new insights...

“Tunaabudu shetani” – Farouk Kibet Trends After Church Speech Slip-Up in Nandi

President William Ruto’s close aide, Farouk Kibet, is once...

DP Kindiki Denies Disrespecting CS Geoffrey Ruku, Says Remarks Were Misinterpreted

Deputy President Kithure Kindiki has refuted claims that he...

DP Kindiki Reprimands CS Geoffrey Ruku Over Remarks on Delayed Government Projects

Deputy President Kithure Kindiki has issued a stern warning...

Cheluget Family Divided as Some Members Support President Ruto’s Land Deal

In a surprising twist to the unfolding controversy over...

Cheluget’s Son Threatens Legal Action Against President Ruto Over Land Claim

The son of the late former Provincial Commissioner Isaiah...
spot_img

Related Articles

Popular Categories

spot_imgspot_img