Kampala, Uganda | THE INDEPENDENT | Speaker of Parliament Anita Among decided to institute a select committee to investigate the ongoing controversy surrounding the alleged mismanagement of Shs 17 trillion shillings at the National Social Security Fund (NSSF). The Speaker will announce a five-member committee on Monday next week, vowing not …
Read More »Select Committee to probe NSSF operations
Kampala, Uganda | THE INDEPENDENT | The Speaker Anita Among has reiterated the importance of protecting workers’ savings stressing that any diversion of the funds is a criminal act. She also directed investigations into the operations and management of the National Social Security Fund by a select committee. Among said that the …
Read More »Speaker directs 5 to investigate NSSF as Minister Amongi grilled in parliament
Kampala, Uganda | THE INDEPENDENT | The ongoing saga at the National Social Security Fund (NSSF) took yet another turn Thursday when Speaker of Parliament Anita Among formed a select committee to investigate claims of corruption and infighting at the fund. She said she was doing this to help restore public faith in …
Read More »Gender Minister to present status report on NSSF
Kampala, Uganda | THE INDEPENDENT | The Speaker Anita Among, has directed the Minister of Gender, Labour and Social Development, Betty Amongi to present a statement on the current status of the National Social Security Fund (NSSF). NSSF, whose portfolio stands at Shs17.9 trillion has recently been marred with allegations of corruption …
Read More »NSSF savings are secure: Musasizi
Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance (General Duties), Henry Musasizi has affirmed that savings in the National Social Security Fund (NSSF) are safe. Musasizi made this assurance as he appeared before the Committee on Finance alongside the Minister for Gender Labour and Social Development, Betty Amongi, and …
Read More »MINISTER KASAIJA: Byarugaba probe will not affect NSSF savings
Kampala, Uganda | THE INDEPENDENT | The ongoing investigations into the conduct of the National Social Security Fund-NSSF former Managing Director, Richard Byarugaba will not in any way affect the members’ savings, Finance Minister, Matia Kasaija has said. This comes almost three weeks after the president, Kaguta Yoweri Museveni on …
Read More »Former NSSF boss Byarugaba faces probe for alleged mismanagement
Kampala, Uganda | THE INDEPENDENT | The Board of Directors of the National Social Security Fund-NSSF is set to commence investigations into the allegations of the Fund’s mismanagement by former Managing Director, Richard Byarugaba. Byarugaba’s contract expired at the end of November just after the expiry of his former deputy, Patrick …
Read More »What is going on at NSSF?
Kampala, Uganda | THE INDEPENDENT & URN | The appointment early this month of Patrick Ayota as caretaker Managing Director at National Social Security Fund (NSSF), was supposed to be a temporary measure to allow the board and appointing authority conclude on either reinstating Richard Byarugaba as head or name a …
Read More »NSSF targets more members through its smart card
Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund (NSSF) in partnership with various companies has unveiled a loyalty programme to enable members to access discounts on selected goods and services through the NSSF smart card. The initiative is one of the major features of the NSSF Smart card, …
Read More »Regulator urges savers to exercise restraint on Midterm Access
URBRA’s Nsubuga says “we think that this lump sum payment is not attractive” Kampala, Uganda | THE INDEPENDENT | The pensions sector regulator URBRA insists that the decision to allow savers to withdraw up to 20 percent of their savings to cater for emergency financial distress was wrong and could …
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