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South Africa: Crime costs at least 10% of GDP
Published on November 27, 2023
The impact of crime in South Africa is estimated to be at least 10% of GDP per year, comprising transfer, protection, and opportunity costs, says the World Bank.
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Zimbabwe: Insurers adhere to new " No premium paid, no cover" regulations
November 27, 2023
The insurance industry has now implemented new regulations that stipulate that insurance premiums have to be paid for the insurance coverage to be effective.
Nigeria: Economic council recommends national Nat CAT insurance policy
November 27, 2023
The National Economic Council has strongly advised Nigeria to implement a national insurance policy against disasters, Minister of Budget and Economic Planning, Atiku Bagudu, said at a media briefing