Kampala, Uganda | THE INDEPENDENT | Companies have been advised to have thorough planning and preparation to shift from traditional paper-based operations to digital systems. Speaking at a regional business conference that brought together participants from Uganda, Kenya, Zambia, and the United Kingdom, Patrick Ayota, Managing Director of Uganda’s National …
Read More »NSSF collects shs1.7 billion as savings on jobs through Hi-Innovator program
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has collected at least 1.7 billion Shillings in savings from new contributors employed through its Hi-Innovator program. This comes in after five years of this enterprise’s support initiative, which is running its final year. According to a program …
Read More »Experts: Effective strategy will overcome global turmoil
KAMPALA, UGANDA | THE INDEPENDENT | Planning and strategising will help move around the current global social, political and economic turbulence, government and corporations are told. “Yes, these are turbulent times, but they’re also times of great opportunity,” said CPA Ronald Mutumba as he addressed the 3rd C-Suite Forum, featuring …
Read More »NSSF Expo: Over 300,000 students benefit as 15th career edition kicks off
MUKONO, UGANDA | THE INDEPENDENT | Over 300,000 university students have benefited from the National Social Security Fund (NSSF) Career Expo, according to Managing Director Patrick Ayota. Ayota made the remarks at the launch of the 15th edition of the NSSF Career Expo on April 1, which was held at …
Read More »NSSF launches saving scheme for informal sector workers
Otuke, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has launched its livelihood support project. The initiative is aimed at recruiting informal sector workers to save with the fund. Launched in Otuke district on Friday, the project is currently being piloted in the four districts of Otuke in …
Read More »NSSF reports decline in applications for benefits
Kampala, Uganda | THE INDEPENDENT & URN | The National Social Security Fund (NSSF), has reported a drop in the number of savers seeking to withdraw their accrued benefits across all categories. The fund on Tuesday presented its performance report for the year ending 30th June 2024. From the report, it …
Read More »NSSF Report: Savers are spending benefits on education, land
Kampala, Uganda | THE INDEPENDENT | A recent National Social Security Fund- NSSF beneficiary survey report indicates that savers are spending their benefits on non-income-generating expenses, such as education, constructing residential homes, and acquiring land. According to the report, the expenditures come at the expense of ensuring a decent standard of …
Read More »NSSF assets hit a record Shs 20 trillion
The scheme’s MD Patrick Ayota says he is confident the Fund will achieve its strategic objectives as scheduled Kampala, Uganda | THE INDEPENDENT | Uganda’s national savings scheme, National Social Security Fund (NSSF), has hit Shs 20 trillion in Assets Under Management (AUM), one and a half years ahead of schedule, …
Read More »Reject Byarugaba’s plea, NSSF boss Ayota tells court
Kampala, Uganda | THE INDEPENDENT | National Social Security Fund (NSSF) managing director, Patrick Ayota has asked court to reject his predecessor, Richard Byarugaba’s plea to have his appointment quashed. Ayota told court to put the stability of NSSF above politics in what he described as “unmeritorious cries of a single …
Read More »Is Richard Byarugaba’s fight pointless?
How former NSSF MD failed to read the room Kampala, Uganda | IAN KATUSIIME | Former Managing Director of National Social Security Fund (NSSF) Richard Byarugaba on Sept. 27 made his latest attempt at getting back his old job: petitioning the High Court to quash the appointment of his successor …
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