Over the past one day I have received several questions regarding paybill numbers for betting companies in Kenya, people are asking whether they are working or closed. Well,the government ordered Safaricom to close paybill numbers for 27 betting companies but Safaricom responded by saying they won’t close them since the action will affect their 12 million subscribers. They added that there are two cases in court challenging the government against taking action on any betting company.
We are of the opinion that Safaricom won’t close the paybill numbers because they draw a significant revenue from them. The best the government would do is to compel the betting companies to pay tax and abide by the regulations imposed on them. There is little the government can do to Safaricom in regards to paybill numbers because the telecom company draws billions in revenues from the betting sector.
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