×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Six months after the coming into force of a law making it compulsory for importers to insure cargo with local underwriters, insurance firms say they have derived little benefit from it.
CIC Group Chief Executive Tom Gitogo (above) blamed Kenya Revenue Authority for the slow growth in the marine insurance segment, saying the taxman took too long to come up with proper structures and systems to ensure that cargo importers complied.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join