Domestic Credit Insurance can boost credit sales: ECGC

Insurance24

HARARE, Local manufacturing companies have potential to boost sales locally through the Domestic Credit Insurance offered by the Export Credit Guarantee Corporation (PVT) Ltd, (ECGC) which enables companies to sell on credit.

As a result of increased defaults, several companies adopted cash selling models, restricting credit facilities

Errant insurers reap off unsuspecting tobacco farmers

Insurance24

HARARE, Some Insurance companies are shortchanging tobacco farmers by entering into informal agreements with sales floor workers to sign them up without their consent, Insurance 24 has learnt.

A survey done by insurance 24 shows that over the years a number of tobacco farmers have been paying for insurance services  which they did not