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KGL Group of Companies has reiterated its commitment to responsible corporate citizenship and national development by paying GHS 153 million in corporate income tax to the Ghana Revenue Authority (GRA). The payment was presented during a tax compliance ceremony held at the GRA Head Office in Accra. The event underlined the Group’s continued contribution to […]
The Minister of State for Finance (General Duties), Henry Musasizi, presented a package of lottery tax proposals to Parliament to finance Uganda’s proposed Shs 84 trillion budgets for the 2026/27 financial year up from Shs 72 trillion in the current financial year signaling a decisive shift toward funding the budget through domestic resources. The tax […]
KGL Group of Companies has officially remitted GHC 153 million in corporate income tax to the Ghana Revenue Authority (GRA). The payment was finalized during a high-profile tax compliance ceremony at the GRA Head Office in Accra, marking a significant milestone for indigenous corporate leadership. This substantial contribution underscores the Group’s position that tax compliance […]
The Lagos State Government has officially commenced the collection of a 5% Withholding Tax (WHT) on all gaming winnings. This implementation follows applicable Nigerian tax laws and specific regulatory directives aimed at the gaming industry. The new tax applies to net winnings from all licensed gaming platforms operating within Lagos State. Operators must perform the […]
The National Lotteries and Gaming Regulatory Board (NLGRB) has reported a massive surge in revenue. According to officials, annual non-tax revenue collections grew from Shs1.14 billion in the 2019/2020 financial year to Shs8.79 billion in 2024/2025. Acting Executive Director Bernard Winyi presented these figures to the Finance Committee of Parliament. He highlighted the impressive long-term […]
Malawi’s recent increase in gambling tax has raised serious concerns. Industry experts fear a potential mass exodus from licensed betting platforms to unregulated, illegal sites. New Tax Rules Explained Effective last December, the government implemented stricter tax measures on the betting industry. The withholding tax on winnings jumped from 10% to 15%. Additionally, authorities eliminated […]
Zimbabwe has released its 2026 Budget proposals, and the scale of the changes marks one of the most extensive tax overhauls the country has seen in years. The proposals cut across indirect taxes, mining, financial services, digital transactions, gambling, and tax administration. Most measures are expected to take effect on 1 January 2026, meaning businesses […]
Zimbabwe’s recently announced gambling tax hikes have faced strong criticism from industry groups, betting operators, and financial analysts. They warn that these measures could destabilize the sector and negatively impact ordinary punters. The 2026 national budget, presented by Finance Minister Mthuli Ncube, introduces a significant overhaul of the country’s gambling tax system. The withholding tax […]
Sun International has sharply criticised a new proposal from National Treasury, warning that the plan to impose an additional tax on online gambling could make South Africa one of the most heavily taxed gambling markets in the world and undermine the stability of the legal industry. The company’s reaction follows Treasury’s release of a discussion […]
Zambia’s BetLion has suspended all operations and betPawa has partially paused services in response to the newly introduced 10 per cent betting tax. These moves follow Betway’s temporary halt a few days ago and come after the Constitutional Court dismissed the operators’ legal challenge. BetLion said in an official notice: “Due to the new 10 per cent excise duty, BetLion operations are temporarily paused. Your funds remain safe and available […]
