Any link between Human DNA and Cloud

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SportPesa Ends Operations In Kenya

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Kenyan online betting firm SportPesa on Saturday says it will be halting operations due to a drastic hike in taxes on betting stakes.   Sports betting Source: BettingShamnam Online sports betting companies such as SportPesa have grown rapidly in the East African nation in recent years, riding a wave of enthusiasm for sports, with the government saying the gaming industry achieved a combined revenue of 204 billion shillings (2 billion U.S. dollar) last year. That sparked government concern about the social impact of betting, and in May Kenya introduced new gambling regulations, including a ban on advertising outdoors and on social media. This week, parliament voted an amended proposal raising the excise duty proposed in the 2019/20 (July-June) budget on the amount wagered at the time a bet is placed on all betting platforms to 20% from an initial 10percent. SportPesa says it is “disappointed” by the move and that it would s...
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Cap Mining Royalties at 7.5% - Zambia Chamber of Mines

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Zambia’s Chamber of Mines has advised that mineral royalties should be capped at 7.5 percent in the 2020 budget. This is to safeguard the health of the mining sector and promote additional investment. A Zambian Mine. Source : daily maverick.co.za The mining body had this as part of its proposals to the finance ministry. It argued that the 2019 mining tax regime had raised the tax burden on mines to unsustainable and noncompetitive levels. Africa’s No.2 copper producer increased its sliding scale for royalties of four to six percent by 1.5 percentage points and introduced a new ten percent tax when the price of copper exceeded 7,500 dollars per tonne. The scale is adjusted so that royalties are paid at higher levels as commodity prices climb and are reduced as prices fall. The mineral royalty tax should also be tax-deductible for mining firms as making it non-deductible as Zambia does amounts to taxation on revenue not received, it said. The chamber said a proposed swi...
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Tech Grading Introduced in Nigeria Taekwondo Federation

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Technology has met sports in Nigeria at least in the Martial Arts. The Nigeria Taekwondo Federation (NTF) will introduce Deodo Gen 2 system, the latest Taekwondo gadget, at the 2018 National Youth Games (NYG) billed for September. The  Deodo Gen 2 system is a Taekwondo fighting electronic gadget worn on the head and body by athletes for scoring purposes. Chika Chukwumerije, the Technical Director of NTF, says that the forthcoming NYG would be the first tournament in Nigeria where the technology would be used. Chukwumerije said that there was the need to take advantage of the NYG to create awareness of the technology for young athletes to get familiar with it. “The present Elizabeth Binga led-board of NTF is passionate about youth development as regards getting them acquainted with modern competition technologies and rules. “This drive has inspired us to bring Deodo Gen 2 taekwondo system in the country, and to take advantage of the NYG to introduce the ...
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