News Africa17 Aug 2020

Uganda:Authorities act to stamp out compulsory motor insurance leakage

17 Aug 2020

Of 2.5m vehicles in Uganda said to be covered by motor insurance, only 500,000 have mandatory motor third party insurance, a situation which represents around UGX200bn ($54.50m) in lost revenue to insurers and UGX70bn in lost stamp duty to the government.

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