National Insurance Company (NIC), partially privatized

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The Ugandan government is selling its share in NIC capital to private investors. The price is set at 45 UGX (0.023 USD) per share and 40% of the capital is poised to be sold. This move ended in February 5. It is the twelfth company to be listed on the Ugandan market. The remaining 60% of the capital are held by the Nigerian company Industrial and General Insurance (IGI).

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Fri, 25/02/2011 - 17:17
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