Tag Archives: nssf

Kampala, Uganda | THE INDEPENDENT | Former National Social Security Fund Managing Director, Richard Byarugaba should refund about 2.6 billion shillings lost under his tenure or face prosecution. That is part of the recommendations by the Inspectorate of Government(IGG) in a just-released report into alleged mismanagement of worker’s money. The investigation, …

  Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund, with support from the Uganda National Roads Authority, has embarked on a sensitisation drive to ensure contractors in the road sector comply with the remittance of social security contributions for their workers. In a news release sent to …

Kampala, Uganda | THE INDEPENDENT | On June 19, National Social Security Fund in partnership with Uganda Blood Transfusion Services (UBTS) kicked off a blood donation drive to collect over 3,000 units of rare blood types currently in high demand in hospitals. At the launch of the drive, Barbra Arimi, NSSF …

The Fund has unveiled business opportunities for FY2023/2024 Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund has unveiled business opportunities for local firms during the Financial Year 2023/24 which starts next month. These include investments in real estate, insurance services, advertising and promotions, information technology systems, consultancies, and …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has allocated a budget of Shillings 1.761 trillion for the procurement of various services and equipment in the upcoming financial year 2023/24. The money includes expenditures related to new real estate projects, consultancy works, insurance services, office furniture, …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund Hi-Innovator innovation programme has created close to 60,000 employment opportunities for youth and women entrepreneurs over the last three years of implementation, the Fund’s Ag. Managing Director Patrick Ayota has said in a news release shared with this website. …

Kampala, Uganda | JULIUS BUSGINGE  | The National Social Security Fund has earned a total of Shs31.5billion as dividends for the year ended December 31, 2022, from its investment in MTN Uganda. NSSF Uganda, East Africa’s largest national savings fund by value, invested Shs360 billion in December 2021 to acquire …

Over 1400 new employers registered since the start of the drive in March Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund has announced an extension of the mandatory registration for employers to June 30, 2023, following requests from small and medium enterprises. The non-compliant employers will thereafter be …

Kampala, Uganda | THE INDEPENDENT | Financial industry regulators have called for a review of the pension sector regulations to enable retirees to continue benefiting from the retirement benefits fund even after retirement. Currently, on attaining the required qualifications for receiving the benefits, the savers receive all that is due …

Kampala, Uganda | JULIUS BUSINGE | A total of 5,000 students in seven universities countrywide are expected to benefit from this year’s annual career expo. The focus is on empowering the beneficiaries to succeed in the emerging gig economy with the relevant skills. The two-week expo will be held from …