Kenya’s first online casino, Royal Kenya

Royal Kenya Online Casino is the first licensed online casino in Kenya, available in English and Swahili is renowned for its user-friendly interface, easy registration process, massive player rewards, excellent customer support, and the best selection of online casino games.

Players can deposit using both US dollars and Kenyan Shillings., making use of an array of online banking options, including M-Pesa, a mobile money wallet.

The casino is authorized licensed by the Betting Control and Licensing Board of Kenya (BCLB), license number 1368.

Games

There are over 500 online games available, a section which is added to regularly, with new titles added to the casino on a monthly basis. These games can be played instantly through the Browser casino, or accessed anywhere via the Mobile casino. These games include online Jurassic park, Tomb raider, slots, video poker, online table games and sports betting.

The casino also offers Royal Kenya Bets, a soccer betting platform where every time you watch soccer you get a chance of winning from the best teams in the best leagues. Watch and win with Royal Kenya Bets.

Security 

Royal Kenya Online Casino protects all player information through the employment of 128-bit Secure Socket Layer digital encryption technology, ensuring that all online transactions preformed through the casino are secure.

This is the same unbreakable technology used by all major banks and financial institutions, so your security and privacy is assured.

Sign-up benefits 

When new players register a Real Money account at Royal Kenya, they are automatically eligible for the casinos New Player Welcome Bonus of a 100% deposit match, up to KSh 10,000 or $100 free. This amount will instantly be credited to the player’s account once they have made their first deposit.

The casino makes use of a loyalty Rewards programme, where players earn points for each bet they place, and these points can subsequently be exchanged for cash once the player has earned enough points. Once a player registers a Real Money account, they are credited with 2,500 Rewards points.

Banking 

Players can make deposits from their mobile device using M-Pesa, a mobile money wallet. Once players have registered an account with M-Pesa, they can make transactions with ease, wherever they are. Paybill 880192 for online casino and Paybill 880185 for sports bets.

There are a variety of other banking options available, including credit and debit cards E-wallets and web-wallets also bank transfers.

About Royal Kenya:

Royal Kenya Online Casino. Kenya’s only licensed online casino, offers players a world-class gaming experience with all the convenience of online PC play. Royal Kenya offers over 500 casino games, as well as a secure online environment, reputable and user-friendly banking methods like M-PESA, and award-winning customer service.

Visit https://www.royalkenya.co.ke/  or https://www.royalkenyabets.co.ke/ to take up the opening offer and enjoy online entertainment at its best. Play on your PC, tablet, laptop or mobile phone with millions in jackpots to be won at Royal Kenya Online Casino.

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New year old habits

A new year offers new beginnings but is usually marked by old habits that most people promise themselves to quit once the new starts. That’s why New Year resolutions are supposed to be made days prior to the eve of the New Year; otherwise most of us find ourselves making these resolutions the first week of the month of January.

Due to the continuous festive period, people tend to overspend and end up with shrinking pockets early in January that is further depleted by fees and other necessary expenditures (rent, meals, shopping for the month etc.) which most had not planned for as they spent carelessly in the month of December.

Most of this early January resolutions apart from being as a resultant of people jumping with common spirits, most of it is usually due to a humbled pocket that can’t allow the owner to spend further, that’s when you will hear friend saying they won’t get drunk any more or they plan to be more financially stable by the end of the year but the same guys will never give you a plan of how they intend to do so.

Once these persons get their end January salaries and things get “back to normal” the resolutions as much as they were just mentions rather than planned, they are kept aside only to be modified the coming year.

To the already financially stable and with disciplined goals resolutions are well planned and executed anytime of the year. These kinds of people don’t just wait for the New Year to show a change of period or need to do something for your life. These people will always complain that last year was tough and are hoping for a good year this coming year. Solutions is stop hoping and put your words into a research, find the best alternatives after careful evaluation then executes and monitor the progress.

My New Year resolution is to better the best I did last year. Then I will resolve to action the next plan.

Have a good year my readers keep planning don’t just mention.

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Revealed: The difference between exempt supplies and zero-rated supplies and how knowing it can increase your company's cash flow

According to the Practical Vat Loose Leaf Service, exempt supplies and zero-rated supplies are often seen as the same thing by Vat vendors, but they're treated differently by the Vat Act and have different results. Read on to discover the difference between exempt supplies and zero-rated supplies so your business can cash in on the input tax benefits of zero-rated supplies.

It's important that you don't confuse exempt supplies and zero-rated supplies. There's a difference between the two and getting it wrong means setting your business up for a SARS audit.

So what's the difference between exempt supplies and zero-rated supplies?

According to the Practical Vat Loose Leaf Service, exempt supplies are supplies that are exempt of tax. There's no output tax, no input tax and no tax invoices. Tax doesn't apply at all in this case.

On the other, hand zero-rated supplies are supplies that output tax is charged on at 0%. This means you can claim input tax for your business and tax invoices issued must show Vat at the zero rate.

Exempt supplies vs. zero-rated supplies – the breakdown

Exempt supplies

• Non-taxable supplies.
• Similar to supplies made by non -Vat vendors, which aren't taxable.
• If you make an exempt supply, you can't claim an input tax deduction on related expenses of goods or services.
• Don't form part of your taxable turnover.
• If you only make exempt supplies, you can't even apply for registration as a vendor as you don't qualify as one.
• An exempt supply doesn't need special documentary proof as you won't make any tax claims.

Zero-rated supplies

• Taxable supplies that are subject to Vat at a zero rate of 0% instead of the standard rate of 14%.
• A non -Vat vendor can't make a zero-rated supply.
• You CAN claim input tax deductions on related expenses of goods or services.
• Form part of your taxable turnover.
• Where you only make zero-rated supplies, you must still register for Vat if the value of your taxable supplies pushes you over the threshold.
• For legitimate zero-rating, you must keep detailed documentary proof.

Overall, the important points to remember are zero-rated supplies are more beneficial to your business. This is because you don't charge Vat on the supply, but you can still claim your input tax back. With exempt supplies, input tax is part of your cost and you'll have to pay penalties if you try to make an invalid claim for a refund.

Another important point to remember is that even though you don't declare output tax on zero-rated or exempt supplies, you must show them on your zero-rated and exempt sales on your Vat return. Otherwise you'll get flagged for a SARS' audit.

Source by FSP Business, 10 June 2013

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PAN AFRICA INSURANCE HOLDINGS CELEBRATES GROUND BREAKING OF NEW OFFICE COMPLEX

About Pan Africa Insurance Holdings

Being the first insurance company to be quoted and having started its underwriting business in 1947, Pan African Insurance Holdings was founded in 1954 by a family of Asian origin thereafter changing its name in 1963 to Pan Africa Insurance Company to reflect the growing partnerships. In the year 2002 the company was restructured into three entities namely, Pan Africa Insurance Holdings Limited and its two wholly owned subsidiaries, Pan Africa Life Assurance Limited and Pan Africa General Insurance Limited. Pan Africa Insurance Holdings Limited was restructured in 2004 after the merger to form two wholly owned subsidiaries. These subsidiaries are Pan Africa Life Assurance Limited dealing with life business and PA Securities which owns 100% stake in Mae Properties and a 25% stake in Runda Water.

The ground breaking

4 October 2014, Nairobi   - Management, staff and business partners of Pan Africa Insurance Holdings today celebrate the ground breaking of their newest Kes 2.5 Billion, 17 storey office building in Westlands area of Nairobi.

Pan Africa’s new 0.75 acre address to which they expect to move   in the second half of 2017 will see the business join the rest of Kenya’s blue chip corporate addresses including Safaricom, Barclays bank and Standard Chartered Bank The Chairman of the Board Dr John PN Simba after officially breaking the ground pointed out that the internally funded project is a part of the group’s long term business strategy. ‘’We have been keen diversifying our investments and real estate has been one of our ventures in this regard.  In addition to our residential housing project in Runda, we would like to expand to commercial property and this is the beginning of that line of growth. Being a financial service provider, real estate acts as a cushion to our investments in money market to keeps the business revenue afloat.  Of the 17 floors, we will utilize 2 of the floors to host our head quarter offices and all our staff while the other 15 will be leased out so as to generate some revenue through rent. Our target market will be multinationals as well as UN agencies.  

The acting CEO Mr Stephen Kamanda while taking the guests through the plan added that the plan has put in consideration some of the latest cost efficient technologies, including environmental friendly natural cross ventilation and lighting as well as green landscaping. ‘’The facility will have a digital Buildings Management System (BMS) which incorporates a state of the art security system. Further, we will have 3 underground and another 3 off ground parking floors translating to 350 parking slots which we expect will be sufficient for all staff and tenants.  The plan has also put in place borehole water supply to substitute the paid-for supply.’’ He closed

Pan Africa has concentrated in Life Assurance for many years but has recently launched an Asset Management arm. In a press statement during a recent launch of a new branch in Kakamega county mentioned it’s keen to expand the business portfolio in terms of geographical presence as well as business and product lines which will include short term insurance as well as sell of unit trusts.

Source:

Loice Shiguri

@LoiceShiguri

Pan Africa Insurance Holdings – Corporate Communications Office

 

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