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The flat taxation treats the companies the identical despite their completely different models and price structures, which the previous tax regime seems to have taken under consideration. Pambazuka National Lottery, for instance, final month suspended its operations and its affiliate sports betting firm SportPesa cancelled its Sh600 million annual funding to various sports activities organisations. We simply don’t see how we are in a position to presumably survive a tax of 35 per cent on gross revenue. We can only consider cessation of operations to keep away from continual losses,” Martin Dunford, a director of Golden Key Casino, wrote in the letter.
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