Jinja project starts as Fund gets set to invest Shs 578 bn in 2016 On April 20, the National Social Security Fund (NSSF) held a groundbreaking ceremony for the construction of an ultra-modern commercial building in Jinja town, an event that officially kick starts the Fund’s ambitious agenda to invest …
Read More »Pension sector in Uganda tops Sh.7 trillion
Reforms spur social security services but still lag behind peers and standards in developed countries, writes Isaac Khisa. Things are changing for the better in the pension sector. Five years ago, the government enacted the Uganda Retirements Benefits Authority Act that created the Uganda Retirement Benefits Regulatory Authority (URBRA). According …
Read More »Making NSSF a sustainable fund
By Peter Nyanzi Ten issues NSSF must work on to consolidate success and become even more relevant and sustainable The National Social Security Fund (NSSF) recently celebrated 30 years of existence. What a journey it has been. In 2005 – exactly ten years ago – NSSF had a total portfolio …
Read More »The war against NSSF and Umeme
By Andrew M. Mwenda How improved performance of the two companies tends to attract increasing hostility from parliament and the public The Members of Parliament in Uganda, supported by a loud section of our chattering elite class, seem determined to hold to wrong things dearly even in the face of …
Read More »Parliament and NSSF report
By Agather Atuhaire MPs say committee recommendations outdated, unrealistic, and barred by court Recommendations by a committee of parliament that was instituted to probe the National Social Security Fund (NSSF) over purchase of shares in power distributor; Umeme, the rehiring of its managers, and alleged losses incurred in transaction of …
Read More »Byarugaba’s return to NSSF
By Andrew M. Mwenda How the fight against corruption is actually the way this evil has grown and consolidated in our country Two weeks ago, President Yoweri Museveni forced the minister of Finance to reappoint Richard Byarugaba as Managing Director of the National Social Security Fund (NSSF). The president argued …
Read More »Facts on NSSF-Umeme shares debate
By Geraldine Ssali Busulwa Contrary to some sentiments, NSSF investments in Umeme were made in good faith and did not break any laws I feel obliged to reassure our members by clarifying on the numerous misrepresentations being attributed to various witnesses called to the ongoing Parliamentary probe particularly in regard …
Read More »NSSF in Carrier expo
By Patric Kagenda In a bid to create awareness on its activities, the NSSF has launched an expo that will see it traverse institutions of higher learning. The expo is targeting University students aspiring to work for corporate companies, government and non-government organisations have an opportunity to sharpen their employment …
Read More »NSSF to spend US$400 million on Lubowa project
By Julius Businge The National Social Security Fund (NSSF) has today (Nov. 13) unveiled a master plan for the construction of 2, 741 housing units in Lubowa estate, which it acquired 10 years ago. When development starts, later in 2014, it will be the first investment on the estate that …
Read More »No one is safe at NSSF
By Haggai Matsiko Major shake-up in management looms at Shs3.4 trillion workers fund Richard Byarugaba, the managing director of the National Social Security Fund, remains firm he will retain his job after Finance Minister Maria Kiwanuka directed it should be advertised. But coming at a time when Byarugaba faces mismanagement …
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