Who owns SportPesa Kenya?

“Sportpesa Global Holdings Limited is now owned by the Bulgarians after… transferring Asenath Maina and Paul Ndung’u shares to themselves.

Is SportPesa a Kenyan company?

Ownership. SportPesa in Kenya is owned and operated by Milestone Games, a Kenyan-owned company. In Italy it is jointly owned with RCS Media, the largest media company in that country.

Is SportPesa banned in Kenya?

Courtesy. The Betting Control and Licensing Board has once again suspended the operations of former Kenyan Premier League (KPL) sponsor SportPesa. The gaming firm had just started trading after announcing its return on Friday, but the latest government move will see its services cease from operations.

Who owns Pevans East Africa?

Mr Karauri owns a six percent stake in Pevans East Africa while Mr Nikolov has a 21 percent shareholding in the firm. Other foreign investors in Pevans are American Gene Grand with a 21 percent equity and Bulgarians Valentina Nikolaeva Mineva (three percent) and Ivan Stoyanov Kalpakchiev (two percent).

Who is Paul Ndungu?

Back in the late 90’s and early 2000’s as an accountant, Paul Ndung’u started investing in the Nairobi stock exchange quietly. He was later to be one of the most prominent investors on the NSE. The question nobody asked was where did the seed capital to grow such an impressive portfolio come from in the first place?

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Is SportPesa back in Kenya 2020?

Betting firm SportPesa has confirmed their return to the Kenyan market. SportPesa was among 27 betting firms that had their trading licenses revoked by the government due to failure in meeting tax compliance policies in July 2019.

Who is richest man in Kenya?

2015

Rank in Kenya Name Net worth (USD)
1 Bhimji Depar Shah and family 0.7 Billion
2 Narendra Raval 0.4 Billion
3 Naushad Merali 0.37 Billion

Why is SportPesa not in Kenya?

Kenyan betting operator Sportpesa has had its return to activity in its home country blocked, after regulator the Betting Control and Licensing Board (BCLB) ruled that its new licence holder did not have permission to use the Sportpesa brand.

Can I cash out in SportPesa?

Take full control of your bets with our live betting option that let you Cash Out in full or make a partial cashout on live bets. Keep track of your bets and Cash Out before the final whistle with SportPesa Sportsbook.

Who is the CEO of SportPesa?

Businessman Paul Wanderi Ndung’u and Asenath Wacera Maina, who have a combined stake of 38 percent, reckon they were not informed of the Milestone deal, which was made public by SportPesa CEO Ronald Karauri on Friday.

Who is Gene grand?

Gene Grand, an American businessman, has a 21 per cent interest in the multi-billion shilling betting company. Ms Maina’s company, Flint, was both the lottery licence holder and premium rate service provider for the short code 6969.

Who owns mCheza?

mCheza, a franchise owned by Acumen Communications Ltd (ACL), has said it has set out to transform the country’s crowded sports betting sector. The firm was launched on December 8 last year at a colourful event, with ACL Director Julie Gichuru describing its SMS platform as “revolutionary”.

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Hai Afrika!