National Insurance Corporation narrowly survives the axe

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By Mark Muhumuza Survival instincts; this is perhaps the best way of describing how National Insurance  Corporation Limited (NIC) survived being suspended by the Uganda Securities  Exchange (USE) for delaying the release of its 2012 financial statements. The  insurer published its results two months after the deadline set by the USE for listed  companies. NIC, Uganda’s only locally lis