Sanlam, UAP Old Mutual fight over Shs 5.7bn insurance deal
The PPDA tribunal has cancelled a Shs 5.7 bn insurance deal that the National Medical Stores (NMS) had awarded to Sanlam General Insurance after a competitor, UAP Old Mutual Insurance, proved it had been eliminated unfairly. UAP Old Mutual had appealed to the tribunal challenging NMS’s decision to award the contract for comprehensive insurance for…