Uhuru scraps 20 percents tax after his cousin acquired a sizeable stake at Sportpesa and Kenyans can Keep calm!


President Uhuru Kenyatta has signed into law a bill that scraps off the contentious 20 percents stake after his cousin Peter Kihanya acquired more stakes at leading betting firm SportPesa. The has sent tongues wagging.

Kenyans cannot help but wonder whether the tax was in the first place imposed for leverage; to arm twist other shareholders into ceding some shares

Peter Kihanya is a close cousin of the President. The Standard Newspaper, in a recent article named as one of the seven people that Uhuru Kenyatta does sleep overs in his house.

The sister to Peter Kihanya, Kathleen Kihanya, was in August last year named to be a board member of the Kenya Export Promotion and Branding Agency by Cabinet Secretary Munya. She will serve for three years.

Kathleen is a communication expert and was a close side of President Kenyatta. She was head of communication in his first Presidential campaign in 2002.

Kathleen Kihanya

She studied in the United States of America and runs Aces Ahead, a public relations and marketing firm.

Kathleen and Kenyatta’s sister Nyokabi Kenyatta Muthama are directors at Sundales International Limited. The company in the eye if a storm 3 years ago when it was involved in the infamous Container health ministry scandal. It was unscrupulously listed among the firms that should get preferential treatment for tenders reserved for women, the disabled and women.

Kathleen Kihanya

She again kicked off a storm last September over the ownership of prime land, Banda Homes was putting up a Sh1 billion estate for investors.

Back to SportPesa, Aaron Cheruiyot, the Kericho Senator, joined in the debate sorrounding the scraping of the Controversial 20 percent tax by State House.

Uhuru Kenyatta put his signature into the Finance bill law. The law scraps off the tax on betting stakes that had previously been capped at 20% of all stakes and winnings

This has happened after his cousin, Peter Kihanya acquired quite a stake in SportPesa. Kenyans speculating that it is related to the new tax Waiver on betting firms. 

The Senator from Kericho, Aaron Cheruiyot has took to twitter to claim that double standards were employed by the Uhuru government. He lamented that if the Businessman had been a Deputy President William Ruto ally, a campaign by the mainstream media would be running a campaign against him.

Perceived allies of Deputy President William Ruto, have in the recent past been on the receiving end of investigation by the goverment. Mathira MP Nderitu Gachagua, TSP Party leader Mwangi Kiunjuri and Sirisia MP John Waluke have all found themselves on the wrong side of the system and are not sleeping easy.

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