Fake COMESA yellow cards reduce
Following efforts by Common Market for Eastern and Southern Africa (COMESA) member states to clamp down on people forging yellow cards, insurance of the cards has improved.
By Charles Bwogi
Following efforts by Common Market for Eastern and Southern Africa (COMESA) member states to clamp down on people forging yellow cards, insurance of the cards has improved.
A yellow card is third-party insurance for vehicles in the COMESA region.
National Insurance Corporation’s (NIC) Anne Canowira recently said, “The premium generated from the scheme especially by NIC is growing after last year’s meeting with higher authorities where they were notified about the true nature of the yellow card.â€
The cards are also used to establish a common system for the settlement of claims arising from inter-state motor vehicle accidents. That is administered by local bureaux in member states which is done by NIC in Uganda.
Canowira said in 2001, NIC wrote the second highest premium of COMESA dollars (156,000) next to Kenya with 174000 dollars.
“However, in the last two years, this had been partly hampered by people engaged in the forging of these cards,†Canowira said.
Following efforts by Common Market for Eastern and Southern Africa (COMESA) member states to clamp down on people forging yellow cards, insurance of the cards has improved.
A yellow card is third-party insurance for vehicles in the COMESA region.
National Insurance Corporation’s (NIC) Anne Canowira recently said, “The premium generated from the scheme especially by NIC is growing after last year’s meeting with higher authorities where they were notified about the true nature of the yellow card.â€
The cards are also used to establish a common system for the settlement of claims arising from inter-state motor vehicle accidents. That is administered by local bureaux in member states which is done by NIC in Uganda.
Canowira said in 2001, NIC wrote the second highest premium of COMESA dollars (156,000) next to Kenya with 174000 dollars.
“However, in the last two years, this had been partly hampered by people engaged in the forging of these cards,†Canowira said.