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Tag Archives: nssf

Patrick Ayota takes charge of NSSF

Kampala, Uganda | THE INDEPENDENT |  Patrick Oyota has been re-appointed Deputy Managing Director of National Social Security Fund (NSSF) for five years, and will be in charge as the search for a Managing Director continues. In a letter from the NSSF board to stakeholders, Patrick Ocailap from the Ministry …

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Opportunities at Uganda Innovation Week

Deals signed, networks made, entrepreneurial knowledge shared Kampala, Uganda | THE INDEPENDENT | From November 22-24, the 4th edition of the annual Uganda Innovations Week (UIW) kicked off in Kampala, organized by Start-up Uganda, with hundreds of participants from the private sector, government, and other fields participating both physically and …

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NSSF earmarks Shs7 billion for small, starting enterprises

  Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has unveiled a program under which it will acquire a shareholding in small and starting enterprises, as a way of enabling them to acquire “patient capital”. In partnership with Mastercard Foundation, the Fund has earmarked more than Shillings 7.6 …

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Over 70% of working Ugandans lack social protection – UBOS

Kampala, Uganda | THE INDEPENDENT | More than half of working Ugandans have no access to social protection as fall back when they retire or stop working. This is according to a report by the Uganda Bureau of Statistics-UBOS from a survey conducted between June 2021 to December 2021 in the …

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Gov’t downplays need to rush appointment of NSSF boss

Kampala, Uganda | THE INDEPENDENT | The Trade Union Movement is concerned that the appointment of the new National Social Security Fund top management is taking long. The Chairman General of the National Organization of Trade Unions,-NOTU, Usher Wilson Owere, says that with the contract of the Managing Director, Richard Byarugaba …

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NSSF contributors to earn Shs 1.38 trillion

  This is the lowest interest rate in the past 10 years citing mid-term payments and a tough economic environment Kampala, Uganda | PATRICIA AKANKWATSA | The National Social Security Fund contributors are set to earn 9.65% interest on their savings for the financial year 2021/22 translating into Shs1.38 trillion. …

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NSSF stuck over ‘Orders from above’

MD Byarugaba joins list of government officials ‘stuck’ over Museveni directives  Kampala, Uganda | IAN KATUSIIME | In September President Museveni launched a new housing estate constructed by the National Social Security Fund (NSSF) in Lubowa, outside Kampala. The $73m estate has 370 housing units and Museveni praised NSSF for …

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