Some of the institutions in the financial sector that were impacted by the Domestic Debt Exchange Programme (DDEP) have started recovering. At least we can talk about the Commercial Banks based on their third-quarter results. But can the same be said about the insurance sector?
Motor insurance premiums likely to increase by 30% from January 2024 – Insurers Association ghanaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanaweb.com Daily Mail and Mail on Sunday newspapers.
The increase is due to a 21% increase in Value Added Tax (VAT) that will be imposed on non-life products from January 2024, in addition to at a 10% increase in Motor Insurance Premiums.
Some of the institutions in the financial sector that were impacted by the Domestic Debt Exchange Programme (DDEP) have started recovering. At least we can talk about the Commercial Banks based on their third-quarter results. But can the same be said about the insurance sector?