• Latest
SportPesa gaming company calls for fair taxes

SportPesa gaming company calls for fair taxes

8 years ago
Maj Gen Felix Kulayigye Resumes Duty as Defence Spokesperson

Maj Gen Felix Kulayigye Resumes Duty as Defence Spokesperson

9 hours ago
Cedric Babu was a Loyal Friend and Patriot – Gen Muhoozi

Cedric Babu was a Loyal Friend and Patriot – Gen Muhoozi

17 hours ago
Tourists Visit Entebbe Raid Site to Commemorate Operation Thunderbolt

Tourists Visit Entebbe Raid Site to Commemorate Operation Thunderbolt

17 hours ago
Uganda Wows Kilifair 2025 with Vibrant Cultural Showcase in Arusha

Uganda Wows Kilifair 2025 with Vibrant Cultural Showcase in Arusha

18 hours ago
Busoga Leaders Endorse Museveni for 2026

Busoga Leaders Endorse Museveni for 2026

19 hours ago
Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

19 hours ago
SoftPower News
Monday, June 9, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

SportPesa gaming company calls for fair taxes

by SoftPower
July 28, 2017
SportPesa gaming company calls for fair taxes
4
VIEWS

SportPesa, a gaming company, is calling for better tax administration over sports betting and gaming companies.

The Chief Executive Officer Sportpesa, Ronald Karauri, made the appeal while meeting the Deputy Speaker, Jacob Oulanyah, on Thursday, 27th July 2017 at Parliament. Karauri said taxation of the gaming sector in Uganda is a major problem largely caused by the informal gaming platforms that are difficult to regulate.

Related Stories

Uganda’s Debt Remains Sustainable, Says Ggoobi

Police Searches Homes of Detained Ugandan MPs as Corruption Probe Deepens

Traders Willing to Start Industries if Investment Environment is Favourable – KACITA

“We would like the government to simplify the tax structure especially on withholding tax and tax on gross income. Charging a fee on the initial license and an annual fee would be a better idea. We believe that gross revenue is hard to monitor especially for informal betting shops,” Karauri said.

He proposed that gaming companies should be formally set up and monitored through an online platform in order to weed out the unscrupulous betting set ups.

“We would prefer very specific and easily monitored betting shops. This will help bring in more revenue and popularise the game. It would also aid in transparency. SportPesa employs many people and will be able to support different clubs and ensure players are well paid,” Karauri added.

Karauri said that SportPesa plans on sponsoring a variety of the local Clubs, especially Express FC, the Federation for Uganda Football Association and the national league.

Oulanyah suggested that the company lobbies the government because matters pertaining to amendment in a law have to be proposed by the government.

“Revenue laws come once in a year and they might come next year in May.  I suggest that you come in and be part of the change in the law instead of waiting for the proposed amendments to be made before establishing yourself,” he said.

The Deputy Speaker added that, “let the discussions begin and a plan to establish yourselves. Let the Minister generate the idea.”

The Minister for Youth and Children Affairs, Hon. Florence Nakiwala Kiyingi said that SportPesa is primarily engaged in developing the sports sector worldwide.

“This is a young country and we want to make the young population more productive. We welcome any idea to develop the sports industry,” Nakiwala said.

Karauri said that SportPesa is a Kenyan gaming company operating in Kenya, Tanzania and the United Kingdom specialising in the development of sports.

Tags: FeaturedOulanyahSportpesataxes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Maj Gen Felix Kulayigye Resumes Duty as Defence Spokesperson

Cedric Babu was a Loyal Friend and Patriot – Gen Muhoozi

Tourists Visit Entebbe Raid Site to Commemorate Operation Thunderbolt

Uganda Wows Kilifair 2025 with Vibrant Cultural Showcase in Arusha

Busoga Leaders Endorse Museveni for 2026

Museveni Warns NRM Against Factionalism, Urges Unity and Wealth Creation

Visit UBOS Website
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News