Sharp Daily
No Result
View All Result
Friday, May 22, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya moves to set up government-run lottery, bill heads to president’s desk

Brian Murimi by Brian Murimi
December 11, 2023
in News
Reading Time: 1 min read

Kenya’s parliament has passed legislation to establish a government-run national lottery which aims to generate funds for healthcare, education and other public priorities, the majority leader’s office said in a brief Wednesday.

The National Lottery Bill will provide the legal framework for the lottery and create a National Lottery Board to oversee operations. Majority Leader Kimani Ichung’wah said the lottery’s mission aligns with the administration’s “Bottom-Up Economic Transformation Agenda” to empower citizens financially.

“The enactment of this Bill will not only afford Kenyans an opportunity to take part in the National Lottery and win prize monies, but will also guarantee a mechanism for the mobilization of resources to support noble causes,” the brief stated.

Proceeds from ticket sales will go toward causes like “charitable causes; economic empowerment initiatives; sports, recreation, arts, culture and national heritage; signature transformation projects; and emergencies,” according to the brief.

RELATEDPOSTS

No Content Available

The National Lottery Board will include representatives from various government agencies and civic organizations. According to the brief, “This diversity in representation within the Board ensures inclusivity within the Board.”

The text said the lottery aims to fund needs across Kenya equitably, “so as to ensure uniform benefit to all Kenyans.”

Kenya follows other countries like the United Kingdom and South Africa in creating lottery systems to boost funding for public needs. According to the brief, South Africa’s lottery supports causes including small business grants and art programs.

The lottery bill now awaits presidential assent to become law.

Previous Post

Google’s 2023 report: Education, celebrities, and sports dominate Kenya’s searches

Next Post

Govt signs bill to approve increment of school bursaries

Brian Murimi

Brian Murimi

Brian Murimi is a communications and advocacy professional with a focus on innovation, policy and continental development in Africa. A former journalist, he now works at the intersection of knowledge, strategy, and pan-African institution building.

Related Posts

News

The role of financial inclusion in economic growth and investment

May 22, 2026
Business

NCBA group posts kSh 23.4 billion Profit in strong 2025 performance

May 22, 2026
KCB
Analysis

KCB posts record ksh 68.4 billion profit as regional growth pays off

May 21, 2026
News

EA cables NSE return: what the rescue acquisition means for Kenya’s stock market Investors

May 21, 2026
News

The importance of liquidity management in financial markets

May 21, 2026
John Mbadi, Kenya's treasury secretary, during an interview in Nairobi, Kenya, on Wednesday, Aug. 20, 2025. Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Mbadi said. Photographer: Kang-Chun Cheng/Bloomberg via Getty Images
Analysis

Finance bill 2026: Key changes set to shape kenya’s economy

May 20, 2026

LATEST STORIES

Reading between the numbers in Q1’2026 banking financials

May 22, 2026

The role of financial inclusion in economic growth and investment

May 22, 2026

Drake’s triple album drop signals a new era of streaming dominance, reputation recovery and content saturation

May 22, 2026

NCBA group posts kSh 23.4 billion Profit in strong 2025 performance

May 22, 2026

Kenya Power earns Sh382 Million from EV charging in under three years

May 22, 2026

Growth of Umbrella Pension Schemes Among SMEs in Kenya

May 21, 2026
KCB

KCB posts record ksh 68.4 billion profit as regional growth pays off

May 21, 2026

EA cables NSE return: what the rescue acquisition means for Kenya’s stock market Investors

May 21, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024