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Compulsory Local Marine Insurance to boost economic growth
Effective February 1, 2025, all importers will be required to insure their cargo using local companies.
Compulsory local marine insurance presents immense benefits not only for importers but the country at large. (Courtesy photo)
By: NewVision Reporter, Journalists @NewVision
The Uganda Insurers Association (UIA) has said adoption of compulsory local marine insurance starting next year will help drive the growth of Uganda’s economy.
Effective