Looming blow as BBI report proposes to have betting run by government
Betting companies will be forced out of the market if a proposal by the Building Bridges Initiative report to have betting nationalized is passed. The proposal which is contained in chapter seven which is the shared prosperity chapter says betting firms are impoverishing Kenyans leading to hopelessness and hence proposes to have betting run by […]
President Kenyatta dispels reports that BBI report is for political class
President Uhuru Kenyatta has dispelled fears that the newly launched the Building Bridges Initiative report is meant to benefit the political class in the country. Speaking during the launch at the Bomas of Kenya, the president said that the report is meant to benefit all Kenyans by ironing out differences which has been rocking the […]
BBI proposes to exempt youth business owners from paying taxes for seven years
The much-awaited Building Bridges initiative report has proposed a seven-year tax holiday for young people running startups. This means that small and medium enterprises being run by young people will be exempted from paying taxes for the first seven years they are operational. The report which was launched on Wednesday by President Uhuru Kenyatta noted […]