It sometimes seems that foreign companies that pay nearly KSh 6 billion annually to the government through fiscal and Para-fiscal charges and provide jobs for 55.000 people are not welcome in Kenya
The coronavirus pandemic is a strong blow to the global economy
The coronavirus pandemic is a strong blow to the global economy, to which almost no branch of the economy is resistant, but what is encouraging are the positive examples and measures that foreign companies in Kenya are introducing with a primary focus on the health and well-being of their employees and their families.
How betting companies are supporting livelihoods
Companies in the gaming industry have recorded a big drop in profit, but employees do not have to worry about financial stability, because their jobs are secure, and salaries are paid regularly.
This policy, attitude, and approach should be an example of behavior, especially in times of crisis, because the actions taken during a pandemic send a strong message of humanity and togetherness.
Instead, individuals are calling for the destruction of what maintains Kenya’s economic stability and labor market, even in times of crisis.
But why do the big players cum givers fall victims to mudslinging?
It sometimes seems that companies that pay nearly KSh 6 billion annually to the government through fiscal and parafiscal charges and have supported the community with continuous health donations during the coronavirus pandemic are not welcome in Kenya, even though they provide jobs for 55.000 people.
Foreign gaming investors provide the stability of the economy with their business and it is very unfair that some influential people are trying to eliminate competition and take over the business by creating unprofessional fake scandals in media.
This creates a hostile environment for all foreign investors and it will definitely have a ripple effect on the economy as more investors are pushed away.
Companies from this industry are also big donors of Kenyan sports and generally have a great impact on the community, and they especially stood out with donations for hospitals during the coronavirus pandemic.