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Tag Archives: nssf

URBRA: NSSF provision of loans is irregular

Kampala, Uganda | THE INDEPENDENT | Officials from the Uganda Retirement Benefits Regulatory Authority (URBRA) have told Parliament that it is illegal for the National Social Security Fund (NSSF) to give out loans to different entities. Led by the URBRA Chief Executive Officer Martin Nsubuga, officials from the Authority on …

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NSSF on spot over Shs11 billion loan to Uganda Clays

Kampala, Uganda | THE INDEPENDENT | Lawmakers have criticised the National Social Security Fund (NSSF) for giving Uganda Clays an unsecured loan of Shs11 billion. This was during a meeting between NSSF management and the select committee investigating allegations of the fund’s mismanagement on Wednesday, 08 February 2023. The Chairperson of …

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What did Byarugaba tell the NSSF probe?

Former MD refutes Minister Amongi’s allegations of mismanagement of the workers’ fund Kampala, Uganda | THE INDEPENDENT | When Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF) appeared before the select Parliamentary committee Friday 3rd February, he shared data and statistics in defence of his performance in …

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Auditor General faults NSSF on suspense accounts

Kampala, Uganda | THE INDEPENDENT | The Director Audit in the Auditor General’s office, Joseph Kirya has told the select committee investigating allegations of mismanagement at the National Social Security Fund that the fund’s management has failed to address the recurrent query on suspense accounts. Kirya together with the Auditor General, John …

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NSSF: Byarugaba accuses Minister Amongi of interference

Kampala, Uganda | THE INDEPENDENT | The former Managing Director of the National Social Security Fund (NSSF) has accussed the Minister of Gender, Labour and Social Development, Betty Amongi of exceeding her mandate and interfering in the entity’s operations. Richard Byarugaba, on Friday appeared before Parliament’s select committee investigating operations of …

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Investigations can happen while I am in office – Byarugaba

Kampala, Uganda | THE INDEPENDENT | The Former Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba has appealed to parliament’s select committee investigating operations of the entity to have him re-appointed as the inquiry goes on. Byarugaba was on Friday appearing before the select committee to respond to …

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Auditor General pins NSSF on billions in suspense account

Kampala, Uganda | THE INDEPENDENT | Auditor General John Muwanga has told the select committee investigating operations of the National Social Security Fund (NSSF) that the entity’s management has over the years failed to address the recurrent query about savers’ money on a suspense account. Muwanga together with several directors of …

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I am victim of witch hunt, says NSSFs Richard Byarugaba

Kampala, Uganda | THE INDEPENDENT | The former Managing Director of the National Social Security Fund-NSSF, Richard Byarugaba says that corruption allegations leveled against him have no evidence and are just a witch hunt. Byarugaba briefly made the statement before Parliament’s select committee investigating the operations of the NSSF. The select …

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NSSF: Minister Amongi blocks UGX 400Bn fraudulent land purchase

Kampala, Uganda | THE INDEPENDENT | The Minister of Gender, Betty Amongi has said that she blocked purchase of land in Nakigalala due to variance in costs. Amongi told the select committee investigating the operations of the National Social Security Fund-NSSF, that the Fund had requested for 400 billion Shillings while …

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NSSF’s UGX 6 billion request was legal: Minister Amongi

Kampala, Uganda | THE INDEPENDENT | The Minister of Gender, Labour and Social Development, Betty Amongi, has rejected a claim by the board chairperson of the National Social Security Fund (NSSF) that she irregularly requested for Shs6 billion. On Thursday, 02 February 2023, a day after Peter Kimbowa’s allegation before the select …

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