‘Africa’s insurance market must brace for AfCFTA’

FINANCE, Economic Development and Investment Promotion minister Mthuli Ncube says the African insurance market must brace for the implementation of the African Continental Free Trade (AfCFTA) to create a more competitive sector.

The AfCFTA is a free trade agreement that seeks to eliminate trade barriers and foster economic integration across the continent.

Speaking at the 46th Organisation of Eastern and Southern Africa Insurers (OESAI) annual conference and annual general meeting that began on Sunday in Victoria Falls, Ncube called for insurance competitiveness.

This story is for NewsDay subscribers.