NEWS ANALYSIS | URN | For many Ugandans nearing retirement, visions of spending their hard-earned savings begin to bloom long before a single shilling ever touches their palms. At around 55, a saver with NSSF is excited that he/she is about to receive a retirement lump sum. For many, ideas …
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As Uganda targets a US$500 billion economy, pension leaders say deeper savings could provide the patient capital needed for transformation Kampala, Uganda | JULIUS BUSINGE | Uganda’s ambition to transform its economy could increasingly depend on how effectively the country mobilises and invests the savings of its workers. …
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NEWS ANALYSIS | URN | Uganda’s National Social Security Fund has been on an investment spree in recent years, but its decision to stay away from the Kenya Pipeline Company Initial Public Offer tells a lot. In recent years it has acquired significant stakes in large companies like MTN Uganda, Airtel …
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For millions of Ugandans saving for retirement, the performance of the businesses in which their money is invested ultimately matters. Kampala, Uganda | NEWS CORRESPONDENT | Airtel Uganda has handed over a dividend cheque worth sh42,609,880,000 to the National Social Security Fund (NSSF), representing returns on the Fund’s …
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The pension fund has declared an interest rate of 22.53 percent for the financial year 2025/26, translating into Sh5.44 trillion Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest pool of long-term domestic savings has delivered its strongest return yet, putting the National Social Security Fund at the …
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A Blueprint for NSSF’s independence and National growth COMMENT | MORRISON RWAKAKAMBA | The National Social Security Fund’s (NSSF) historic declaration of a 22.53% interest rate—crediting Sh5.44 trillion to member accounts as total assets touched Sh32.8 trillion—should have been a moment of pure institutional pride. Yet, the commanding posture …
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Kampala, Uganda | URN | The announcement that NSSF member-savers will earn a record 22.53 percent interest on their savings has been greeted with excitement. Savers in the contributory pension schemes are set to receive 5.44 trillion shillings in interest for the financial year 2025/2026. The excitement aside, the unusually …
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Labour minister challenges NSSF to move beyond custodianship, become an economic catalyst Kampala, Uganda | THE INDEPENDENT | Gender, Labour and Social Development Minister Lt.Gen Henry Tumukunde has challenged the National Social Security Fund (NSSF) to abandon its parastatal mindset and become a driving force in Uganda’s economy, …
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✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% 2021 ✅ 12.15% 2022 ✅ 09.65% 2023 ✅ 10.00% 2024 ✅ 11.50% 2025 ✅ 13.5% 2025 ✅ 22.53% Kampala, Uganda | URN & THE …
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Kampala, Uganda | URN | The National Social Security Fund recorded an 85 percent increase in total revenue in the financial year ended June 2026, with income rising to 6.51 trillion shillings. NSSF Managing Director Patrick Ayota attributed the growth to improved performance of the economy and the sectors and …
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The Independent Uganda: You get the Truth we Pay the Price
