Tag Archives: nssf

The truth and the lies Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Richard Byarugaba sits on the biggest pile of money in Uganda. He is the managing director of NSSF, the country’s only government-run compulsory pension savings scheme for workers valued at over Shs9.9 trillion as at June …

Kampala, Uganda | THE INDEPENDENT | Mandela National Stadium is seeking 15 billion Shillings for acquisition of security equipment and to erect a fence. The budget is revealed in documents submitted to Parliament’s Public Accounts Committee (PAC) –Central Government by the Stadium Managing Director Jamil Sewanyana. The documents were demanded …

VIDEO: Is the NSSF Amendment Bill 2019 targeting workers’ savings? Kampala, Uganda | VIDEOS NTV UGANDA | The NSSF Amendment Bill that is now in parliament is a big win for members, as they will be able to take home more at the end, and will enable NSSF management offer more …

Kampala, Uganda | THE INDEPENDENT | A bill that aims to expand social security coverage by making contributions to the National Social Security Fund (NSSF) mandatory for all workers in the formal sector has been presented to parliament for its first reading. Minister of State for Youth and Children Affairs Florence …

Kampala, Uganda | THE INDEPENDENT | National Social Security Fund-NSSF has increased funding to the Kampala Amateur Volleyball Club (KAVC) memorial international tournament from Shillings 130 million last year to Shillings 180 M this year. The increased funding is meant to boost the morale of players. The winning team will receive …

Kampala, Uganda | THE INDEPENDENT | David Jamwa, the former Managing Director of the National Social Security Fund-NSSF has asked the Supreme Court to quash his conviction for abuse of office and causing financial loss. Jamwa is seeking to quash the 12 year jail term handed to him by the …

The powerful people behind Bemanya Kampala, Uganda | HAGGAI MATSIKO | Uganda Telecom Ltd (UTL) looks like a typical company in shambles. In April 2017 it run to court to block a petition seeking to wound it up partly owing to Shs709 billion debts it had accumulated over the years. …

NSSF, experts tell members to save beyond the 5% they remit monthly   Kampala, Uganda | JULIUS BUSINGE | Do you spend less and invest more of your income a head of your retirement? Will you have enough monetary resources upon retirement? Will there be any impact upon taking your …

  Majority of the Fund’s retirees are making wrong investment decisions Kampala, Uganda | JULIUS BUSINGE | It is now evident that savers need advice on how to invest their long time savings as they transition to retirement, according to Richard Byarugaba, the managing director of the National Social Security …

Kampala, Uganda | THE INDEPENDENT | National Social Security Fund-NSSF is to set up digital libraries in 11 government aided schools across the country. The project will involve the distribution of 40 tablets with a fully-fledged curriculum for O’ and A’ levels to each of the beneficiary schools. While unveiling …