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Tag Archives: nssf

Gov’t downplays need to rush appointment of NSSF boss

Kampala, Uganda | THE INDEPENDENT | The Trade Union Movement is concerned that the appointment of the new National Social Security Fund top management is taking long. The Chairman General of the National Organization of Trade Unions,-NOTU, Usher Wilson Owere, says that with the contract of the Managing Director, Richard Byarugaba …

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NSSF contributors to earn Shs 1.38 trillion

  This is the lowest interest rate in the past 10 years citing mid-term payments and a tough economic environment Kampala, Uganda | PATRICIA AKANKWATSA | The National Social Security Fund contributors are set to earn 9.65% interest on their savings for the financial year 2021/22 translating into Shs1.38 trillion. …

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NSSF stuck over ‘Orders from above’

MD Byarugaba joins list of government officials ‘stuck’ over Museveni directives  Kampala, Uganda | IAN KATUSIIME | In September President Museveni launched a new housing estate constructed by the National Social Security Fund (NSSF) in Lubowa, outside Kampala. The $73m estate has 370 housing units and Museveni praised NSSF for …

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IN THE INDEPENDENT: NSSF stuck over ‘Orders from above’

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY NSSF stuck over ‘Orders from above’: MD Byarugaba joins list of government officials ‘stuck’ over Museveni directives THE LAST WORD The bastardisation of civil society: Why the struggle against NGOs in poor countries …

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NSSF savers get 9.65 percent interest

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund is to pay out 9.65 per cent to each of its savers for the year ended June 2022. This is the first time in 15 years that the rate announced is below 10 per cent, mainly due to the …

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A regulated pensions environment breeds transparency and accountability

COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …

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