Kampala, Uganda | THE INDEPENDENT | ActionAid has raised concern about the report released by the Inspectorate of Government (IGG) on the National Social Security Fund-NSSF investigations. The IGG launched a probe following more than 15 allegations involving abuse of office, corruption, and mismanagement of funds. The investigation targeted Richard …
Read More »NSSF collects 948 million from Kampala Seven Hills Run
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has collected over 948 million shillings from the 2023 edition of the seven hills run. The Seven Hills Run is a-21 kilometer run covering the seven hills of the country’s Capital city. Funds from the run organized by the National …
Read More »Byarugaba told to refund UGX 2.6B or face prosecution
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, …
Read More »NSSF, UNRA partner to promote social security compliance in the road sector
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 …
Read More »NSSF, UBTS enter new partnership
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 …
Read More »NSSF sets terms for its future suppliers
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 …
Read More »NSSF to sink sh1.761Trillion for procurement next financial year
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, …
Read More »NSSF, Mastercard Foundation innovation programme creates 60,000 jobs
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. …
Read More »NSSF earns Shs31.5 bn dividend from MTN Uganda
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 …
Read More »NSSF sets new date for employer registration
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 …
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