Categories: Editor's Picks

Yellow Card Production grow by 15%

· Yellow Card operations have been digitalized.

· the Scheme is currently operational in 13 countries

· It has been expanded to Southern Africa Development Community (SADC) region.

Common Market for Eastern and Southern Africa (COMESA) says digitalization of Yellow Card operations has led to an unprecedented annual average growth rate of 15% for the Yellow Card production.

COMESA Yellow Card Chief Programme Director, Berhane Giday said the Scheme is currently operational in 13 countries which include Zambia and has been expanded to Southern Africa Development Community (SADC) region being implemented under the Business to Business Arrangement.

“Yellow Card operations have been digitalized, a move which has led to an unprecedented annual average growth rate of 15% for the Yellow Card production.” He noted.

Mr. Giday explained that the Yellow Card Scheme is a Third-Party Motor Vehicle Insurance Scheme that aims at facilitating the smooth movement of motor vehicles, persons and goods in the region through the establishment of a common system for the settlement of claims arising from inter-state motorists.

He further revealed that the COMESA Regional Third-Party Motor Vehicle Insurance (Yellow Card) Scheme launched a Digital Yellow Card Helpdesk System designed to track all queries reported by users.

“It will allow National Bureaux, Primary Insurance Companies and Motorists in member countries to channel all their queries and requests via Email, Phone or walk-ins.” Said Mr. Giday

He stated that the Scheme was currently operational in 13 countries; namely: Burundi, Djibouti, DR Congo, Eritrea, Ethiopia, Kenya, Malawi, Rwanda, Sudan, Tanzania, Uganda, Zambia and Zimbabwe.

“It has been expanded to Southern Africa Development Community (SADC) region and is currently being implemented between Malawi and Mozambique and Zimbabwe and South Africa under the Business to Business (B2B) Arrangement.”

According to COMESA, “the aim is to streamline service delivery to COMESA Yellow Card clients and stakeholders in line with the Yellow Card Scheme Strategic Plan 2018 – 2022.”

This is contained in a statement issued to Money FM News, by COMESA Corporate Communications, Muzinge Chibomba.

More From Author

World Bank urges Zambia to capture other benefits beyond mining sector

• World Bank is committed to supporting African countries to translate Africa’s mineral wealth into…

Read More

Kwacha gains should benefit consumers – BuyZed

• This is to ensure that consumers begin to enjoy what is produced locally.• Manufactures…

Read More

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Stakeholders call for inclusion of children with Autism in education system

There is no effort to include children with Autism in the current Education system. Government…

Read More

Over 600,000 homes to benefit from Liquid Zambia’s enhanced internet access

Connectivity is the cornerstone of Zambia’s digital transformation journey. This remains vital in driving digital…

Read More

April food basket drops by K255.14-JCTR

This is compared to the March basic needs and nutrition basket which stood at K10,…

Read More