I&M Group injects $7mln in Ugandan unit to shore up lending business zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The fresh capital injection, which is to be executed in the next six months, will push the lender’s Uganda subsidiary’s core capital to $39.47 million.
Motor insurance premiums in Ghana are expected to witness a surge of more than 30% starting January 2024.
This increase is attributed to a proposed 21% rise in Value Added Tax (VAT) on non-life products, coupled with an additional 10% increase in Motor Insurance Premiums.
The imminent rise in premiums is driven by the introduction of a 21% VAT on non-life products,.
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.
MBA Says New Basel Capital Rule Proposal Threatens To Upend Mortgage Market nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.