AAR to shut Dar clinics on rising financial woes
Wednesday April 07 2021
By LYNET IGADWAH
Summary
Insurance firm AAR plans to exit Tanzania on reduced visitor numbers to its eight clinics and financial troubles worsened by the Covid-19 pandemic.
The insurer announced in a memo to staff, it has started the winding up process since it can no longer meet its obligations to employees and creditors in a timely manner.
Insurance firm AAR plans to exit Tanzania on reduced visitor numbers to its eight clinics and financial troubles worsened by the Covid-19 pandemic.
The insurer announced in a memo to staff, it has started the winding up process since it can no longer meet its obligations to employees and creditors in a timely manner.