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 …
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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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The long-term bond yields recorded a decline compared to the previous financial year, with the 10-year bond yield decreasing from 15.6% to 14.7% Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund (NSSF) has recorded a 15% increase in revenue, reaching Shs2.2 trillion for the Financial Year ending June …
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The Fund targets to increase contributors from the current 10% to 50% of the country’s workforce during the same period Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund hopes to increase its assets from the current Shs 18.4 trillion to Shs 50 trillion by 2035, according to the Fund’s …
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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 …
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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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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 …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund-NSSF is on the way to achieving above the target set for the year 2022/2023, according to the Acting Managing Director, Patrick Ayota. The bright outlook is based on the performance over the last six months. The Fund’s records show that …
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Kampala, Uganda | THE INDEPENDENT | The State Minister for Finance (General Duties), Henry Musasizi has affirmed that savings in the National Social Security Fund (NSSF) are safe. Musasizi made this assurance as he appeared before the Committee on Finance alongside the Minister for Gender Labour and Social Development, Betty Amongi, and …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund (NSSF) in partnership with various companies has unveiled a loyalty programme to enable members to access discounts on selected goods and services through the NSSF smart card. The initiative is one of the major features of the NSSF Smart card, …
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