The Government of Uganda has introduced two bills in Parliament that could significantly reshape the tax landscape of the country’s gaming industry. The first document equalises the gross gaming revenue (GGR) tax for all operators to a single 30% rate, while the second introduces a mandatory 15% withholding tax on players’ net winnings. The expected date for both changes to …
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A multi-year comparison of Watoto Child Care Ministries’ filings in the United Kingdom (UK) for the years 2020 to 2024 have revealed a pattern of escalating financial and governance red flags. A Tax Appeals Tribunal (TAT) ruling of November 2025 has revealed that Watoto Child Care Ministries has engaged U.S based companies linked to senior figures within Watoto Network to …
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20 companies, including CIC Insurance, Equity Bank, and several universities, have been penalised a total of Sh2.2 billion for failing to hand over unclaimed financial assets to the Unclaimed Financial Assets Authority (UFAA), Kenya media reports. The fines follow a detailed audit by Kenya’s Auditor-General, which revealed that these firms withheld dividends, insurance payments, dormant savings, and other idle funds …
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