Kampala, Uganda | THE INDEPENDENT | Legislators have backed the Committee on Commissions, Statutory Authorities and State Enterprises’ (COSASE) recommendation to Kampala Capital City Authority (KCCA) to recover the 10 per cent contributions that were remitted to National Social Security Fund (NSSF) for its pensionable staff. The committee report presented by the …
Read More »Lack of infrastructure, cost of land keep housing expensive
Kampala, Uganda | THE INDEPENDENT | Lack of adequate infrastructure and the high cost of land are keeping the cost of housing high, even as the developers have plans for low-cost houses. Uganda has a housing deficit of about 2.1 million units, with the low and medium income-earning Uganda being the …
Read More »NSSF unveils UGX 800 billion procurement plan
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund-NSSF has invited local suppliers to take up opportunities worth 826 Billion Shillings that it plans to spend on procurement for products and services in the year 2021/2022 financial year. The planned projects include real estate, which will take 779 billion …
Read More »COSASE tasks KCCA to recover NSSF remittance to staff
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has recommended that the Kampala Capital City Authority-KCCA Accounting Officer recovers the 10 percent contribution that was remitted to National Social Security Fund (NSSF) for KCCA pensionable staff. The committee has also criticized officials of …
Read More »NSSF, Monitor career expo targets 4000 university students
Kampala, Uganda | JULIUS BUSINGE | The 10th NSSF-Monitor Career Expo is set to begin tomorrow and will go on for three days virtually, the NSSF Managing Director Richard Byarugaba and Nation Media Group Uganda Managing Director Tony Glencross told reporters earlier today (March 23). The two executives said COVID-19 pandemic preventive …
Read More »Reforming Social Security sector
Why it will take more than the positive steps introduced by parliament through the NSSF Bill COMMENT | MORRISON RWAKAKAMBA | After two years of back and forth, legislative rancour, bevy of consultations and a mix of COVID-19 that ripened urgency for workers protections – and continues to upstage fortunes …
Read More »Excitement as mid-term access to NSSF savings approved
📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …
Read More »NSSF Amendment bill passed, sent to President
📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …
Read More »Gov’t seeks more time on NSSF bill
Kampala, Uganda | THE INDEPENDENT | The government has told Parliament that it needs more time to consult on the National Social Security Fund (NSSF) Amendment Bill 2019 concerning which Ministry should supervise the funds. In September last year MPs disagreed over the clauses relating to midterm access and which Ministry …
Read More »Businesses can succeed during and after COVID-19
Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
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