Kampala, Uganda | THE INDEPENDENT | The Government and workers’ representatives have agreed to scrap the 120 months-contribution thresh-hold requirements for National Social Security Fund-NSSF midterm access. Usher Wilson Owere, the chairperson of the Nation Organization of Trade Unions-NOTU disclosed this during the Labor Day celebrations at Kololo ceremonial grounds. The Gender, Labor …
Read More »NSSF mid-term requests decline after first month
Kampala, Uganda | THE INDEPENDENT | Up to sh400 billion has been paid out to over 18,000 claimants under the National Social Security Funds-NSSF midterm access. According to information obtained by URN, the fund made the first disbursement on March 17, 2022, after receiving 41,174 applications. Of these, only 14,690 applicants were …
Read More »Uganda Clays to venture into bricks market
The firm is now eying NSSF savers, banks and Sacco’s to spearhead growth Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd is venturing into production of bricks, thanks to the improved technology and the booming construction sector. The firm’s executives claim the new brick will lower construction costs compared …
Read More »Court of Appeal upholds decision on Shs1.5billion scam
Kampala, Uganda | THE INDEPENDENT | The Court of Appeal has upheld the conviction of a former Finance and Administration Manager at a Health NGO African Centre for Global Health and Social Transformation (ACHEST). Patrick Odele had run to the Court of Appeal in 2017 after the Anti- Corruption court …
Read More »Why NSSF mid-term payments could delay for some
Kampala, Uganda | THE INDEPENDENT | Although the slow verification and random selection of applicants for the NSSF midterm access aims to avoid malpractices for those using the manual applications, it has been identified as the probable cause of delays in the disbursement of the payments. Unlike the online applications, …
Read More »NSSF disburses Sh78.8Bn in first week of midterm payments
NSSF paid out sh28.8 billion above target Kampala, Uganda | THE INDEPENDENT & URN | The National Social Security Fund has paid out Ushs78.8 billion to 4,417 eligible members to date, UGX 28.8 billion above its weekly target of UGX 50 billion, following mass application of the mid term benefit that …
Read More »NSSF’s mid-term payments commences
Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund will commence payment of eligible members for the mid-term access to their contributions on March.17 in response to the new pension law. President Yoweri Museveni assented into the amended pension law, NSSF Act 2022, paving way for contributors …
Read More »NSSF ready to pay ‘mid-term’ starting March 17
Kampala, Uganda | THE INDEPENDENT & URN | In accordance with the National Social Security Act (2022), the National Social Security Fund (NSSF) will commence payments to eligible members for the ‘Mid-term access’ in respect to Section 20A (1), (2), effective March 17th. This was revealed today by Richard Byarugaba, the …
Read More »NSSF to spend UGX 50 Billion each week for mid-term access
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) will pay 50 Billion Shillings every week for the first five months to beneficiaries of the midterm access. This was revealed on Thursday by Betty Amongi, the Minister for Gender, Labor, and Social Development while announcing the guidelines, regulations, …
Read More »The amended NSSF Act gives more than just mid-term access
URBRA made a total of 16 recommendations, of which 13 were adopted by Parliament and incorporated into the new law COMMENT | MARTIN A. NSUBUGA | The enactment of the NSSF (Amendment) Act 2021, came as a New Year Gift, not only for members of NSSF, but for all who had …
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