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Tag Archives: Byarugaba

NSSF’s Byarugaba sets new target

But will he achieve the Shs 20 trillion in savings by 2022? Kampala, Uganda | JULIUS BUSINGE | Richard Byarugaba was recently re-appointed as the managing director of the National Social Security Fund for another five-year term. His performance in the first term seems to have impressed his supervisor – the …

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Technological innovations boost NSSF contributions

The National Social Security Fund’s move to shut down its old e-collection system and adopt a more advanced tech savvy portal last year coupled with increase in compliance has boosted its capability to collect more employee contributions, according to its Managing Director, Richard Byarugaba. KAMPALA, UGANDA |ISAAC KHISA|  Byarugaba, who …

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NSSF widens pension coverage with new saving plan

NSSF widens pension coverage with new saving plan  Kampala, Uganda | JULIUS BUSINGE |  The National Social Security Fund has unveiled a voluntary membership plan that will provide employers and workers that are not compelled by the mandatory provisions of the NSSF Act the opportunity to voluntarily save for their retirement Interested …

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Leaders say bureaucracy frustrating OWC

ANALYSIS: ‘You’re to blame’. District bosses grill government officials, minister The trucks rolled up suddenly, without warning. But soon enough, the district Chief Accounting Officer (CAO), Esau Ekachelau, was informed of their mission: They had brought 800 bags of cassava cutting for distribution to farmers in the district. It was a …

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HEALTH: Bird flu threat

Experts say worst is over – possibly The good news announcement from the Ministry of Health came on Monday Jan. 30: the strain of avian influenza that was recently responsible for the death of many migrating wild birds in Uganda is possibly not likely to cause so-called `bird flu’ disease …

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Why NSSF will pay lower interest rate

NSSF to pay lower interest rate as economy bites Last year, the National Social Security Fund (NSSF) paid its members an interest rate of 13%, which means that for every Shs 1 million saved, a member got an additional Shs 130,000 credited on the account. This year it could less, …

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