Sunday, November 8, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Africa

Paul Ndung’u Reignites SportPesa Ownership War in New Kenyan Court Battle

byDare Iretomide
November 17, 2025
in Africa, News
0
Paul Ndung’u Reignites SportPesa Ownership War in New Kenyan Court Battle
33
VIEWS
Share on FacebookShare on Twitter

Kenyan businessman Paul Ndung’u has launched a fresh legal challenge over the ownership of the SportPesa brand, escalating a long and bitter fallout among the original investors behind the country’s most successful betting platform.

In a new case filed at the High Court in Nairobi, he accuses his former partners of orchestrating a fraudulent transfer of the trademark from Pevans East Africa, the founding company, to offshore affiliates while concealing ownership changes, evading taxes and relying on forged documents.

Ndung’u, who once chaired Pevans East Africa, wants the court to block Milestone Games, a company tied to ex-partner Ronald Karauri, from using the SportPesa name until the dispute is resolved. He argues that two trademark rights were wrongfully approved for transfer by the Registrar of Trademarks to Sport Pesa Global Holdings Limited in the United Kingdom for £100,000 each, insisting the sale lacked authorisation and should be reversed.

The case marks the latest chapter in a rift that widened after regulators suspended Pevans’ licence in 2019 over alleged tax violations. Ndung’u and fellow shareholder Bernard Maina were later pushed out in 2023 after disputes with the company’s leadership. Before the clampdown, Pevans was a cash-rich enterprise, paying billions of Kenyan shillings in dividends to its owners. Ndung’u personally received more than KSh1.3 billion over four years as the company dominated Kenya’s gaming sector.

Despite its shutdown, SportPesa re-emerged under Milestone Games, controlled by Karauri and associates linked to the original investors. That move reignited tensions, with Ndung’u maintaining that a core Kenyan shareholding group has been illegally sidelined as the brand rebuilt its market footprint.

The latest court action places the future control of one of Kenya’s most recognisable consumer brands back into legal uncertainty, prolonging a corporate feud that has reshaped the country’s high-stakes betting industry.

Tags: Kenyan Court BattlePaul Ndung’uPevans East AfricaSportPesa
Dare Iretomide

Dare Iretomide

Next Post
CBN Policies Create Fixed Income Bonanza and Banking Capital Rush

CBN Policies Create Fixed Income Bonanza and Banking Capital Rush

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

DR Congo to Receive Non-National Deportees from US Under New Migration Arrangement

DR Congo to Receive Non-National Deportees from US Under New Migration Arrangement

7 months ago
NDLEA Arrests UK Fugitive Yussuf Azeez, Seizes 148 Kilograms of Synthetic Cannabis in Lagos

NDLEA Arrests UK Fugitive Yussuf Azeez, Seizes 148 Kilograms of Synthetic Cannabis in Lagos

12 months ago

Popular News

  • FG Targets 262 Million Day-Old Chicks, Plans Import of 60 Million Eggs

    FG Targets 262 Million Day-Old Chicks, Plans Import of 60 Million Eggs

    0 shares
    Share 0 Tweet 0
  • CBN Sets ₦15bn Capital Requirement for Dollar Stablecoin Issuers

    0 shares
    Share 0 Tweet 0
  • Nigeria Owes China $5.67bn in Bilateral Debt, World Bank Reports

    0 shares
    Share 0 Tweet 0
  • Customs Begins Release of 98 Containers of Power Equipment Stranded for 20 Years

    0 shares
    Share 0 Tweet 0
  • UK-Nigeria Trade Falls 3.4% to £7.3bn as Refined Oil Overtakes Crude Exports

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .