DAR ES SALAAM, Aug. 1 -- KARIAKOO Market Corporation has partnered with the National Insurance Corporation to offer affordable insurance services at the renovated market, enhancing disaster preparedness and financial security for traders.

Kariakoo Market Corporation General Manager Ashraph Abdulkarim urged traders to seize the opportunity by insuring their businesses against risks like fire, theft and other unforeseen events.

“The government incurred massive losses during the fire outbreak that razed parts of this market in the past,” said Abdulkarim. “Now that the market has been rebuilt and modernised, it is our duty to protect it.

Insurance is not a luxury, it is a necessity.” Abdulkarim noted that the upgrad...