Big Win for Bettors, Billions in Bonds & a Battle at East African Cables- 20th June 2025
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Big Win for Bettors, Billions in Bonds & a Battle at East African Cables- 20th June 2025
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About this listen
MPs Slash Betting Tax by 66% — Gamblers celebrate as the excise duty on betting drops from 15% to just 5%. Is this the return of Kenya's betting boom?
💸 CBK Bags Sh71 Billion in Record-Setting Bond Sale — Investors rush to lock in yields ahead of falling rates. Here’s what it means for markets, savers & inflation.
🏭 Equity Bank Seizes EA Cables — A dramatic takeover unfolds with TransCentury fighting back in court after guards block access to a key Nairobi asset.
🛣️ Road Construction Budget Slashed by Sh11 Billion — Treasury trims funding days before fiscal year ends. What’s being sacrificed in the transport pipeline?
📉 Kakuzi Board in Hot Seat Over Insider Dealings Probe — CMA clash heats up as eight top directors accuse regulator of violating their rights. What’s really going on?
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Courtesy: Business Daily