Tag Archives: nssf

Fund pays 15% interest to members, the highest in history Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund rarely misses the opportunity to boast about the billions of shillings it rewards to its members every year in form of interest income. This was the same situation on August 28 …

Kampala, Uganda | THE INDEPENDENT | The Managing Director of National Social Security Fund (NSSF), Richard Byarugaba, has urged employees to save for their future retirement. He said statistics in the East African region show that Uganda has one of the least saving culture which is not good for the economy. …

Kampala, Uganda | THE INDEPENDENT | The grand finale of Season 2 of the Friends With Benefits contest is being held at Serena Hotel on Thursday. One of  nine contestants will be crowned the winner and take home sh30 million. In the run up to the finale, all contestants underwent …

Critics say shelving the proposed pension liberalization bill exposes the Shs 9 trillion fund to political and corporate governance risks Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund finally won the battle to retain its status as a mandatory scheme for all employees in informal and formal …

Kampala, Uganda | ISAAC KHISA | Over 20 companies have so far signed up for the NSSF Kampala Hash run that is aimed at raising Shs 400 million for the renovations of selected public schools in Kampala. The money collected will go towards helping Kampala Capital City Authority (KCCA) renovate schools under its …

Kampala, Uganda | THE INDEPENDENT |  Government has shelved plans to liberalize the pension sector and will instead amend the National Social Security Fund (NSSF) Act Cap 222. According to the proposals in the National Social Security Fund Amendment Bill, 2018 to be tabled soon in parliament, NSSF will retain its …

Fund’s customer satisfaction rate has grown from 49% seven years ago to 92% as at the end of last December Kampala, Uganda | THE INDEPENDENT | Once again, Uganda’s National Social Security Fund (NSSF) held its Annual Customer Connect Week with a number of activities including financial literacy trainings, investments and …

Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund contributions will soon hit Shs9 trillion due to increased compliance and introduction of voluntary contributions, according to the Fund’s Managing Director, Richard Byarugaba. Byarugaba, who spoke during the launch of Fund’s Corporate Centre at Workers House in Kampala, said company’s …

Kampala, Uganda | GODFREY SSALI |  Jailed former NSSF MD David Chandi Jamwa on Wednesday filed an appeal before the Supreme Court challenging his 12 year jail term. On Monday this week , the  Court of Appeal  cancelled Jamwa’s bail and returned him to Luzira prison to start on the journey …

Kampala, Uganda | THE INDEPENDENT | The Uganda Blood Transfusion Service (UBTS) has received a huge boost after the National Social Security Fund in partnership with Equity Bank unveiled a week long blood donation drive on Jan.08. The initiative is expected to collect at least 4,500 units, according to the NSSF …