The Stakes Are High for the New Gambling Act

By David Moshi

For five decades, Kenya’s betting industry has been governed by the Betting, Lotteries and Gaming Act. The law has been in place since 1966, and has remained largely unchanged despite being designed when the betting industry was a niche, nascent sector.

From just a few casinos and sweepstakes, the sector is now a behemoth that has joined the short list of Kenya’s lucrative but destructive vices. In a market now worth an estimated KSh 200 billion annually and employing tens of thousands directly and indirectly, the stakes could not be higher for the law’s first major overhaul, the Gambling Control Act, 2025.

The new law will replace the Betting Control and Licensing Board with a Gambling Regulatory Authority, a state corporation with the financial heft to keep the house and the punters in check. Its licensing model will also reflect modern realities such as online gambling, and carries a KSh 100mn security requirement for online operators.

In this in-depth analysis, David Moshi, the Managing Director of Velex Advisory Kenya, argues that the Gambling Control Act is more than just a legal update, it is a recalibration of Kenya’s gambling industry to meet modern realities. Read More»»»

The Double Edged Sword of Foreign Investment in Kenya

By Chelsy Maina

Kenya’s private sector is increasingly reliant on foreign capital, but the latest 2024 Foreign Investment Survey (FIS) shows that this dependence is a double-edged sword. While foreign loans and deposits provide much-needed financing for growth, they also expose the country to currency risks and debt vulnerabilities that could weigh heavily on the economy. Read more here »»»»»

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INSIGHT : Kenya Joins Africa’s Broadband Elite, but Faces Scrutiny on Data Accuracy

By Brian Nzomo

Kenya has positioned itself at the vanguard of Africa’s digital transformation with the launch of its broadband mapping system, part of a wider project spanning 11 Sub-Saharan countries.

Yet Kenya lags behind the best performers in data collection, verification, and accuracy. Whereas Benin and Nigeria have introduced stronger systems for independent audits, standardized geographic information protocols, and real-time validation tools, Kenya continues to rely heavily on operator-reported data. The absence of rigorous verification mechanisms raises the risk that broadband maps reflect theoretical coverage rather than the actual experience of households and businesses, particularly in rural and underserved regions. Read more here >>>>>

OPINION: Why Satellite Towns Are Kenya’s New Property Hotspots in 2025

By Lulu Kiritu

Nairobi’s old promise that proximity to the city center was the surest bet for wealth and convenience is quietly being rewritten on the outskirts. But the boom comes with a caveat. These towns are not blank canvases; they are fragile ecosystems where haphazard estates and speculative sprawl can quickly erode value. The opportunity is immense, but so is the responsibility. The question is whether investors, developers, and policymakers will treat satellite towns as Nairobi’s backyard or as the country’s next frontier. Read the full piece here »»»»»

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