Tag Archives: nssf

Octagon Africa, a regional financial services provider offering pension and insurance service entered Uganda’s pension market in 2013, and now holds about US$100million in assets under its management. The firm’s CEO Fred Waswa spoke to The Independent’s Isaac Khisa on a wide range of issues in the pension industry. What …

Kampala, Uganda | THE INDEPENDENT | The National Social Social Security Fund-NSSF together with the Ministry of Gender have pledged to expedite a statutory instrument that will ease access to savings by Ugandan workers. The commitment follows the enactment of the NSSF (Amendment) Bill which was assented to by President Yoweri …

Kampala, Uganda | THE INDEPENDENT & URN | President Yoweri Museveni has signed into law the the NSSF (Amendment) Bill, 2021, his Senior Press Secretary Lindah Nabusayi has said in a brief statement. A key provision in the NSSF (Amendment) Bill, 2021 will grant members aged 45 and above and who have …

  Kampala, Uganda | THE INDEPENDENT | Richard Byarugaba, the Managing Director of National Social Security Fund (NSSF) says the fund will have to set aside Sh1 trillion  if the President assents to the NSSF (Amendment) Bill, 2021. Parliament passed the Bill last month. Among the key provisions in the …

  Nairobi, Kenya |  THE INDEPENDENT | The events of the past eighteen months have cast a spotlight on the ability of states to support vulnerable citizens during times of crisis. In Kenya, the official state agency responsible for social security chose SAP to support its growth, enable the expansion …

Kampala, Uganda | THE INDEPENDENT | Parliament has today considered and passed the National Social Security Fund (Amendment) Bill, 2021. The bill that allows 20% mid term access for workers who have saved for over 10 years and have reached the age of 45, now awaits presidential consent. “Today, I …

Kampala, Uganda | THE INDEPENDENT | Parliament has reached a consensus on which ministry will supervise the operations and activities of the National Social Security Fund (NSSF). There has been a big contestation on whether the supervisory role of NSSF funds should be under the Ministry of Gender, Labour and Social Development …

Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) has threatened to mobilize workers countrywide to protest the delayed processing of the National Social Security Fund (NSSF) amendment bill. Although the NSSF Bill recently appeared under the business to follow for debate on the order paper, …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund was declared the overall winner of this year’s 2021 Financial Reporting Awards (FiRe) organised by the Institute of Certified Public Accountants of Uganda (ICPA-U). Held on Nov.10 at Skyz Hotel Naguru and via zoom, organisers said the awards aim at promoting and …

Kampala, Uganda | THE INDEPENDENT | The State House Anti-Corruption Unit and the police are investigating a case in which 10 people allegedly acquired by fraudulent means, titles on land at Lubowa owned by the National Social Security Fund-NSSF. It is alleged that in 2019, Muhammad Kityo Lubowa, Moses Bogere, Betty …