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• Create Date August 22, 2023
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URA Newsletter September 2022

LOCAL MARINE CARGO INSURANCE PRESENTS RELIEF FOR IMPORTERS

URA in partnership with the Insurance Regulatory Authority (IRA) announced in May 2022, that all cargo imported into Uganda by sea, air, rail, road or registered post must be insured by local insurance companies.

This new business process took effect on 1st July, 2022. Although, the notice attracted mixed feelings from the business community, it will shield importers against loss.