More than 50,000 employers have been given a 30-day deadline to pay contributions Kampala, Uganda | JULIUS BUSINGE | Uganda’s employers irrespective of the number of workers employed have only 30 days to register with the National Social Security Fund (NSSF) and remit social security contributions for their employees. NSSF acting …
Read More »MPs caution against commercialisation of Pensions Fund
Kampala, Uganda | THE INDEPENDENT | The Committee of Public Service and Local Government has cautioned the Minister of Public Service, Hon. Muruli Mukasa against commercialisation of the Pensions Fund saying this may lead to recurrence of the challenges faced by the National Social Security Fund (NSSF). The minister appeared …
Read More »NEW ACT: NSSF gives all employers 30-day deadline to register
Kampala, Uganda | THE INDEPENDENT | Today marks the beginning of the 30-day ultimatum provided for by the amended National Social Security Fund (NSSF) Act requiring all employers in the Small and Medium Enterprises and informal sectors to register with the fund or risk penalties for non-compliance. According to …
Read More »The trouble with public hearings 2
Why I harbor a deep-seated hostility to parliamentary and other investigations into public corruption THE LAST WORD | Andrew M. Mwenda | I promised in this column last week to return to the NSSF saga and shade more light on how public hearings distort facts and purvey bias and prejudice. ( The Trouble …
Read More »NSSF, Mastercard Foundation give Shs4.8billion boost to women led businesses
Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation have awarded Shs4.8bn seed funding to 66 women entrepreneurs through their Hi-innovator Women Accelerator program. A total of 15,000 job opportunities for women and youths countrywide are expected to be created through this …
Read More »KCCA faulted for non-remittance of UGX 4.107Bn statutory deductions
Kampala, Uganda | THE INDEPENDENT | The Committee of Commissions, Statutory Authorities, and State Enterprises-COSASE has faulted Kampala Capital City Authority-KCCA for failing to remit the statutory deductions from staff amounting to 4.107 billion Shillings to the National Social Security Fund (NSSF) for the Financial Year 2021/2022. The committee members confirmed …
Read More »Accountants capitalise on NSSF saga to push profession
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund-NSSF saga has made stronger the case for ring-fencing senior financial and accounting positions for licensed accountancy professionals in selected organizations, according to Minister Henry Musasizi. The State Minister for Finance, Planning, and Economic Development says that he supports any punishment …
Read More »Why MPs insist that Minister Amongi must resign
Kampala, Uganda | THE INDEPENDENT | Lawmakers have adopted a recommendation by the House’s select committee, directing the Minister of Gender, Labour and Social Development, Hon. Betty Amongi to resign with immediate effect on account of abuse of office. The select committee, chaired by Mbarara South Division Member of Parliament , …
Read More »The trouble with public hearings
How prejudices have eclipsed facts in the NSSF investigation leading to unnecessary confusion THE LAST WORD | Andrew M. Mwenda | When the speaker of parliament, Anita Among, established a Select Committee of Parliament to investigate NSSF, I knew the battle for the truths about the Fund was lost. This is because when …
Read More »DETAILS: Parliamentary report dismisses allegations of financial loss on select NSSF projects
Kampala, Uganda | THE INDEPENDENT | The Parliament select committee investigating the operations of the National Social Security Fund (NSSF) has dismissed allegations of financial loss on select investment projects in their report tabled in Parliament on March 1, 2023. These projects include the investment in MTN, Quality Chemicals, construction …
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