Covering agriculture risk could spur development - Experts

229 views · Published 7 September 2018 · 1:36 · Indexed 12 November 2026

Channel: NTVUganda · 2018 · News & Politics

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Uganda as an agricultural country has remained exposed to vagaries of weather which has kept the sector contribution to GDP at just 27%.  Experts in the insurance industry believe that wider cover on reducing agricultural risk could easily double both household and national growth. Speaking at the Salaam’s 100 years celebration held in Kampala, Gary Corbit the CEO Sanlam General Uganda says that providing agricultural insurance to the over 4 million farmers will help push insurance penetration from 0.81 to over 2.5%

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