Finance Bill 2026 wants to tax betting twice.
Once when you deposit.
And again when you win.
Here is how.
Under the proposal:
• The moment you deposit money into your betting wallet, KRA takes 5% excise duty.
Meaning:
- Deposit 1,000
- KRA eats 50 bob instantl
Before even Arsenal disappoints you.
Then, if by miracle you actually win,
Government returns.
Again.
• 20% withholding tax on winnings.
Meaning:
- You are taxed entering
= And taxed exiting
Implications:
- Gamblers gets irritated
- Betting becomes more expensive
- Gamblers may migrate to foreign betting sites
- Underground cash betting may explode
- Kenyan betting firms may suffer reduced activity. Kenya loses tax.
Trading is the most crazy job on earth
You can lost money for the first 3 years of your career
And make it all back in a month of it clicking
Never give up !!!!!
If you spent your time focusing on making or saving 5k then trading a single micro contract, you probably would do better than spending all the money you do in lottery eval purchases.
Aim for 7.5% week - that's only 75 USD per day net or 375 USD per week... one Micro.
This grows to 214k in a single year. That's not good enough?
@moneyacademyKE None is better, for Singapore We will lose our control of the business. For Qatar, KQ flights will be like a bodaboda, consolidating passengers and cargo from remote regions for Qatar flights.
Bro, no matter how much you prepare, things won’t always go as planned. That’s life. Pressure will hit. Plans will break. Unexpected problems will show up. That’s why you must learn to stay calm and think clearly under pressure.
Pressure reveals who you really are. Weak men panic. Strong men adapt. Real success isn’t about perfect plans. It’s about adjusting fast, staying disciplined, and still finding a way to win when everything goes wrong.
This matter is now closed by who? My friend Olekina ledama do you think public resources are your munyunyui for you to decide when we want to see them and not? Narok is a county in kenya. Narok is not your underwear,assuming you have one,it belongs to kenyans. If we feel we’re being shortchanged,which we are we will come back. The only thing you are allowed to close is your mouth. Otherwise chunga sana,sisi sio ile tumzee unatishanga na rungu kule bomas, we are genZ,tutakufanya mbaya sana wewe ghasia
The crazy thing about trading?
You can sit alone in a small room with a laptop…
and build a life people work decades for.
No office politics.
No manager watching over your shoulder.
Just pure skill.
And the moment you refine that skill,
the world becomes a place full of opportunity instead of limitation.