Tag Archives: NIC

Majority shareholders of NIC Holdings seeking to exit company

Majority shareholders of NIC Holdings seeking to exit company

National Insurance Corporation (NIC) Holdings Limited is on the verge of divesting its entire stake in Uganda, in a transaction that could reshape the insurance landscape. As one of the oldest insurance companies in Uganda, the board of NIC Holdings recently issued a public notice signalling that Corporate Holdings Limited and Industrial and General Insurance Plc – the company’s biggest …

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