23.7 C
Sierra Leone
Friday, January 27, 2023

349 accidents reported in 2 months *169 deaths

HomeAYV News349 accidents reported in 2 months *169 deaths

349 accidents reported in 2 months *169 deaths

Date:

Related stories

ReNIP to Hold Lower-Level Elections This Weekend

The Republic National Independent Party (ReNIP), will tomorrow 28th...

Multi-Purpose Biometric Identity Cards Set to be Launched

His Excellency President Dr Julius Maada Bio will officially...

Health Ministry Engages AYV Staff on the Need for COVID Vaccination

The Health Education Division at the Ministry of Health...

 

Hon. Bundu emphasized that insurance is very serious business the world over, noting that lot of education is needed on insurance business and its benefits.

He suggested that with serious insurance companies, reckless driving and accidents will be minimized.

Hon. Patrick Lahai Kargbo in his contribution said the Insurance Act, 2015 has long been overdue as it is not in conformity with sister countries in the sub-region.

The lawmaker said the revised Act will serve as confidence-building measure since the public often cries over payment of compensations by insurance companies.

He observed that lack of education on the insurance industry is a major problem in the country, while he invoked Standing Order 51 to commit the Insurance Act 2015 to the Parliamentary Legistrative Committee for further deliberations.

Another Member of Parliament, Hon Komba Buya, noted in his contribution that insurance is not a cheap business as lives are as very important as properties, hence the need to take it seriously.

He pointed that the revised Act will cover institutions like colleges, hospitals, houses, fire and other essential facilities, noting that insurance companies should work with other institutions to make the business more profitable.

Hon. Ibrahim Ben Kargbo contributed that the importance of insurance company cannot be overemphasized.

He recalled the frequency with which fire had engulfed Government buildings but could not state whether or not those buildings were insured.

Hon. I. B. Kargbo stressed that it is about time Parliament started addressing the issue since insurance is a vehicle for national development.

Hon. Helen Kuyembeh observed that necessary adjustments were needed to be made to the Insurance Act, 2015, noting that insurance companies should be also interested in paying compensations instead of only amassing profits.

Hon. Hassan Sheriff in his contribution said the main aim of the new Insurance Act should be about increasing public confidence.

In another development, Chairman of Public Accounts Committee (PAC), Hon. Chernor R.M. Bah, laid before Parliament Audit Service Sierra Leone’s report on the Audit of the Management of Ebola Funds by the National Ebola Respond Centre (NERC) from November 2014 to April 2015.

Also, Chairman of Finance Committee, Hon. Hassan Sherriff, presented to Parliament laptop computers, hard drives, photo copier and printer, digital printers, digital recorders and I-Pads as donation from World Bank to aid parliamentary operations.

Business News

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

NPPA Releases First Quater 2023 Public Procurement Price Norm

The Board, Management and Staff of the National Public Procurement Authority (NPPA), with appropriation to the Government of Sierra Leone through the Ministry of...