[Source: Business Daily, by Patrick Alushula]
Insurers are bidding for Sh1.26 billion livestock cover as the State seeks to protect arid and semi-arid area (ASAL) farmers from the negative impacts of drought that has in recent past killed animals such as cows.
The state department of livestock has opened a bid for insurance tender that seeks to ensure livestock farmers in eight ASAL counties are given payouts of up to Sh70,000 to buy fodder in case drought strikes.
Insurers are required to bid for the premiums that they expect the State to pay on behalf of the 18,012 households that are…
