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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Guka atlased us If Obiero did it, Who Am I?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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@Mugundaman, can you pray for me to win the jackpot? 30% of the winnings will be dedicated kupanda mbegu while 10% will go towards financing your wedding once you succeed hereIf Obiero did it, Who Am I?
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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M7 has banned sports betting in UG. No licensing new sports' betting companies and no renewing licenses of the existing ones upon expiry. Now, this is what I call kusema na kutenda. Over to their neighbours, the jokers.
BBI will solve it :)
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Rank: Member Joined: 2/20/2007 Posts: 767
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M7 is the African Trump. Doing what needs to be done, not listening to whiners. I wonder how the social media tax is going They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Member Joined: 2/20/2007 Posts: 767
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Social Media is working very well in UG. 20b usd raised in first quarter. Target of raising 70b usd by 3rd quarter. They say collections are going up every month. Meanwhile U. K to introduce 2% tax on revenue derived from UK customers by Google, FB et al. Where are the naysayers on imposing tax on these social media companies. They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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tom_boy wrote:M7 is the African Trump. Doing what needs to be done, not listening to whiners.
I wonder how the social media tax is going I think Africa's Trump is our other neighbour. M7 is just a dictator who doesn't realize that that time past.
BBI will solve it :)
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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tom_boy wrote:Social Media is working very well in UG. 20b usd raised in first quarter. Target of raising 70b usd by 3rd quarter. They say collections are going up every month.
Meanwhile U. K to introduce 2% tax on revenue derived from UK customers by Google, FB et al.
Where are the naysayers on imposing tax on these social media companies. No way! That mathematics can't be right. $20b in a quarter? From Uganda? From data? Not possible. That's like Kshs. 2trillion.
BBI will solve it :)
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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2012 wrote:tom_boy wrote:Social Media is working very well in UG. 20b usd raised in first quarter. Target of raising 70b usd by 3rd quarter. They say collections are going up every month.
Meanwhile U. K to introduce 2% tax on revenue derived from UK customers by Google, FB et al.
Where are the naysayers on imposing tax on these social media companies. No way! That mathematics can't be right. $20b in a quarter? From Uganda? From data? Not possible. That's like Kshs. 2trillion. Looks like Uganda will finance their economy using data tax only  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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See where the money from your poor brothers is going to.  Racing Point and SportsPesa have agreed on a new sponsorship deal for the F1 2019 season. SportPesa is understood to be paying $8 million for its first year followed by $10m in 2020 and a further $12m if they remain for 2021.
BBI will solve it :)
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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They paid 80 billion to winners? I should start betting. https://www.businessdail...87192-gp7lrm/index.html
Quote:KRA demands Sh10.3bn tax on SportPesa winners
The tax assessment covered 2015 and 2016 during which years SportPesa disbursed Sh80 billion to winners, an amount that attracted Sh7.6 billion in tax.
KRA, in addition, imposed Sh1.5 billion penalties and interest of Sh1.1 billion, bringing the total tax due to Sh10.3 billion.
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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INTERIOR CS Matiangi suspends betting licences for firms operating in Kenya effective July 1, says renewals subject to proof of tax compliance.
BBI will solve it :)
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Shiet....my cash locked in there. What the heol?  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Impunity wrote:Shiet....my cash locked in there. What the heol? Sio pesa mob anyway. You can do without it. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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Thank God. This vice is destroying many people
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Rank: Elder Joined: 2/7/2007 Posts: 921
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Safcom granted 48 hours to allow bettors to clear their e-wallets in betting companies whose licenses have not been renewed.... Waaa.... Nikufyam!. CAK roped in 
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Rank: Elder Joined: 7/22/2008 Posts: 2,703
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Njunge wrote:Safcom granted 48 hours to allow bettors to clear their e-wallets in betting companies whose licenses have not been renewed.... Waaa.... Nikufyam!. CAK roped in There is suddenly going to be a flood of money coming back to people's pockets. Where is it going to go? I think KBL, Keroche and Miraa and Muguka traders might notice a spike in demand.
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Rank: Elder Joined: 7/22/2008 Posts: 2,703
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Was Sportpesa doing business in other countries or was all that money being splashed majuu just being nyonywad from Kenyans?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Who is licensed? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Angelica _ann wrote:Who is licensed? Betika "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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