The Income Tax (Amendment) Bill, 2023 had proposed a 5 percent tax on profits of members with less than Shs100m in contributions while 15 percent would apply to members with more than Shs100m
Quality customer service, leads to customer satisfaction, which increases customer retention and consequently, ignites the engine that is top selling and cross selling.
Whereas 18 local insurers have formed an insurance consortium for oil and gas, the risks involved in the sector are of a higher magnitude some of which might need to be taken on by global operators