Ronald Karauri is a prominent Kenyan entrepreneur, corporate leader, and politician, known for his innovative contributions to the business sector and public service. Born in Kenya, Karauri is widely recognized as the CEO and co-founder of SportPesa, one of Africa’s leading sports betting companies. Under his leadership, SportPesa grew into a global brand, driving sports […]
Ronald Karauri is a prominent Kenyan entrepreneur, corporate leader, and politician, known for his innovative contributions to the business sector and public service. Born in Kenya, Karauri is widely recognized as the CEO and co-founder of SportPesa, one of Africa’s leading sports betting companies. Under his leadership, SportPesa grew into a global brand, driving sports sponsorships and partnerships, including deals with major football clubs like Everton and Hull City.
Karauri’s academic background includes engineering studies, and he worked as a commercial pilot with Kenya Airways before transitioning into entrepreneurship. His experience as a pilot reflects his discipline and precision in leadership.
In 2022, Ronald Karauri made a successful entry into politics, being elected as the Member of Parliament (MP) for Kasarani Constituency, Nairobi. His tenure focuses on development projects, youth empowerment, and creating economic opportunities for his constituents.
Karauri’s leadership style is characterized by his visionary thinking and ability to drive transformation across various sectors, including sports, technology, and public service. He remains an influential figure in Kenya’s corporate and political landscape.
Institution | Qualification | Details |
---|---|---|
Harambee Primary School | Primary Education | Attended Harambee Primary School in Buruburu, Nairobi. |
Mang'u High School | Secondary Education | Completed secondary education at Mang'u High School, where he developed a passion for basketball, leading his team to the national championship. |
University of Nairobi | Mechanical Engineering Degree | Enrolled in a Mechanical Engineering program but did not complete the degree, as he left during his third year to pursue a career in aviation. |
From | To
| Employer | Position held |
2005 | 2015 | Kenya Airways | Captain
|
2016 | 2022 | Sportpesa | CEO
|
Revenue: KES. 218,919,375 |
Expenditure: KES. 206,029,747 |
Location: Ruai Primary School |
Total Contract Amount: |
Estimated Date of Completion: May 13, 2021 |
Amount of Money Paid: KES. 46,472,300 |
% Age Payment: 100% |
Status of the Project: Lacks value of money: Completed but not in use, as of March 2024.According to management building remains unused due to a lack of furniture, questioning value for money. |
Amount of Money Paid: KES. 6,486,463 deducted as retention |
% Age Payment: 10% of relevant contract sums deducted as retention |
Status of the Project: Lack of proper documentation No retention register was maintained for payments made on interim certificates. There is potential financial mismanagement and inaccuracies in project bank balances as it does not show liabilities refundable to the constructors |
Total Contract Amount: KES. 94,304,704 |
Amount of Money Paid: KES. 74,276,364 |
% Age Payment: 39% of total transfers from NG-CDF Board (exceeding the 35% legal limit by 4%) |
Status of the Project: Non-compliance with the NG-CDF Act, 2015 Bursary allocation exceeded the legal threshold, violating Section 48 of the Act. |
Institution | Qualification | Details |
---|---|---|
Harambee Primary School | Primary Education | Attended Harambee Primary School in Buruburu, Nairobi. |
Mang'u High School | Secondary Education | Completed secondary education at Mang'u High School, where he developed a passion for basketball, leading his team to the national championship. |
University of Nairobi | Mechanical Engineering Degree | Enrolled in a Mechanical Engineering program but did not complete the degree, as he left during his third year to pursue a career in aviation. |
From | To
| Employer | Position held |
2005 | 2015 | Kenya Airways | Captain
|
2016 | 2022 | Sportpesa | CEO
|
Revenue: KES. 218,919,375 |
Expenditure: KES. 206,029,747 |
Location: Ruai Primary School |
Total Contract Amount: |
Estimated Date of Completion: May 13, 2021 |
Amount of Money Paid: KES. 46,472,300 |
% Age Payment: 100% |
Status of the Project: Lacks value of money: Completed but not in use, as of March 2024.According to management building remains unused due to a lack of furniture, questioning value for money. |
Amount of Money Paid: KES. 6,486,463 deducted as retention |
% Age Payment: 10% of relevant contract sums deducted as retention |
Status of the Project: Lack of proper documentation No retention register was maintained for payments made on interim certificates. There is potential financial mismanagement and inaccuracies in project bank balances as it does not show liabilities refundable to the constructors |
Total Contract Amount: KES. 94,304,704 |
Amount of Money Paid: KES. 74,276,364 |
% Age Payment: 39% of total transfers from NG-CDF Board (exceeding the 35% legal limit by 4%) |
Status of the Project: Non-compliance with the NG-CDF Act, 2015 Bursary allocation exceeded the legal threshold, violating Section 48 of the Act. |