NSSF in partnership with various companies, has officially unveiled a loyalty programme where members can access discounts on selected goods and services through the NSSF smart card Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF), in partnership with various companies, on Dec 14th officially unveiled a loyalty …
Read More »Patrick Ayota takes charge of NSSF
Kampala, Uganda | THE INDEPENDENT | Patrick Oyota has been re-appointed Deputy Managing Director of National Social Security Fund (NSSF) for five years, and will be in charge as the search for a Managing Director continues. In a letter from the NSSF board to stakeholders, Patrick Ocailap from the Ministry …
Read More »Opportunities at Uganda Innovation Week
Deals signed, networks made, entrepreneurial knowledge shared Kampala, Uganda | THE INDEPENDENT | From November 22-24, the 4th edition of the annual Uganda Innovations Week (UIW) kicked off in Kampala, organized by Start-up Uganda, with hundreds of participants from the private sector, government, and other fields participating both physically and …
Read More »NSSF earmarks Shs7 billion for small, starting enterprises
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has unveiled a program under which it will acquire a shareholding in small and starting enterprises, as a way of enabling them to acquire “patient capital”. In partnership with Mastercard Foundation, the Fund has earmarked more than Shillings 7.6 …
Read More »Over 70% of working Ugandans lack social protection – UBOS
Kampala, Uganda | THE INDEPENDENT | More than half of working Ugandans have no access to social protection as fall back when they retire or stop working. This is according to a report by the Uganda Bureau of Statistics-UBOS from a survey conducted between June 2021 to December 2021 in the …
Read More »NSSF and Mastercard invest $10m in Ugandan ‘Silicon Valley’
MasterCard Foundation, NSSF 2028 Target: To create 500 startups and up to 132,000 jobs ✳ Support 500 startups ✳ 100 startups to scale ✳ Create132,000 jobs ✳ 132,000 new NSSF members ✳ Use $10million ($5m Mastercard Foundation + $5m NSSF) ▶ In the past 14 months ✳ 8,039 entrepreneurs …
Read More »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 …
Read More »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. …
Read More »NSSF, Mastercard award Shs5.9 billion seed funding to Ugandan Businesses
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has awarded UGX5.9 billion as seed funding to an additional 78 Ugandan small and growing businesses through their Hi-innovator Program. This brings the total of businesses funded to 110 since the Hi-Innovator Programme …
Read More »NSSF, Ideawake to support Ugandan innovators and entrepreneurs
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has announced a partnership with Ideawake, a global innovation software company, to expand access to the NSSF Hi-Innovator programme to more entrepreneurs across the country. In 2021, the Fund launched the NSSF Hi-Innovator programme, an innovation initiative in …
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