Home Latest NewsBusiness Opinion: Leading Gaming Firm And Local Authorities Are Pushing Out Rivals From The Market

Opinion: Leading Gaming Firm And Local Authorities Are Pushing Out Rivals From The Market

by Daily Trends

Kenya’s state coffers are empty yet some gaming companies that pay Ksh 20 billion shillings into the budgets, provide 55,000 jobs even, helped communities even during the onset of the corona virus pandemic are being forced out by unethical and unfair practices led by a leading firm in the industry under the watch of local authorities.

The global economy received the strongest blow during the coronavirus pandemic crisis, to which almost no branch of the economy was resistant. Companies in the gaming industry saw a 90 percent drop in turnover at that time, but employees did not have to worry about financial stability, because their jobs remained secure and salaries were paid regularly.

Kenya today is on the verge of becoming an undesirable environment for investors because this leading gaming company has put its personal interests before the state. The affairs that firm is trying to carry out in the past days is not a joke, 55,000 people working in this gaming industry are scared for their jobs. Instead of progress, individuals are persistently trying to destroy what sustains Kenya economic stability and labor market even in times of crisis.

ALSO READ  Exposed: How Ruto Colluded With 2 Firms to Grab Multi-billion Hotel Land

Investors, you are not welcome! Is that the message Kenya needs to send to the world? Is the personal interests of individuals, we are unable to receive the millions that companies would pour into the empty state coffers.

Instead of the progress of the entire country, the gaming company is persistently trying to destroy what sustains economic stability and the labor market in Kenya even in times of crisis. The procedure that is currently taking place is scandalous – to prevent some companies from extending their licenses and continuing to work in the market. In this whole affair surrounding the fixing of licenses, the stability of the economy in the country is also being hindered, all because of the domestic lobby in the background trying to remove the competition and take over the business in an unfair way.

ALSO READ  Video: You Have Never Practiced Law in Our Courts! Chief Magistrate Ogoti Schools Murkomen on Live TV

Who is behind all these shenanigans and who is trying to sabotage the work of a socially responsable company – we will find out on Monday, when the meeting for renewing licenses is scheduled.

You may also like

Leave a Comment