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Old Mutual to Cease Operations in South Sudan After Selling Tanzania Subsidiary
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Old Mutual to Cease Operations in South Sudan After Selling Tanzania Subsidiary
The Board of Directors of Old Mutual has announced the planned run-off of the insurance operations of UAP Insurance South Sudan Limited (UAPISS). In a notice signed by the Group Company Secretary and Legal Counsel, Nannette Miingi, the Board stated UAPISS will cease writing new insurance policies and gradually wind down its existing insurance activities. “The Board of Directors of the Company hereby notifies its shareholders and the general publ…
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