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Tag Archives: nssf

NSSF’s latest interest rate feared to disrupt markets

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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NSSF: It is 22.53 Percent to members

  ✳ 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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NSSF revenue shoot to Shs6.5 trillion

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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NSSF reaches deal to end 18-year Tamangalo land dispute

Wakiso, Uganda | URN | The nearly two-decade dispute between the National Social Security Fund (NSSF) and businessman Amos Nzeyi over land at Temangalo, Wakiso District is about to be resolved. The two sides have reportedly agreed on a settlement that will see NSSF receive ten acres of alternative land …

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NSSF seeks court order to take full possession of Temangalo land

Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has started the process of seeking a High Court order to take full possession of its contested Temangalo land, as Parliament has given the Fund and businessman Amos Nzeyi until next Monday to resolve the long running dispute out …

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Nzeyi ready to refund NSSF for disputed Temangalo land

    Kampala, Uganda | THE INDEPENDENT |  An investigative look into the National Social Security Fund’s (NSSF) 2008 Temangalo land acquisition has exposed a 16-year administrative gridlock, leaving billions in workers’ savings locked out of 55 contested acres.Despite NSSF holding all six legal land titles for the 463.87-acre estate, …

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PENSION: Civil Servants to contribute to retirement benefits from 2027

Beginning July 1, 2027, public officers will contribute five percent of their monthly salary, while the government will contribute 10 percent to the new Public Service Pension Fund.   Kampala, Uganda | URN | Civil servants will begin contributing to their retirement benefits, marking the end of Uganda’s decades-old non-contributory …

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NBL, NSSF, MTN MoMO to equip 1, 500 retailers with business skills

Kampala, Uganda | THE INDEPENDENT | Nile Breweries Limited (NBL) has unveiled a nationwide initiative aimed at equipping more than 1,500 retailers with critical business, financial and digital skills to help them build stronger and more sustainable enterprises. The programme, dubbed GRIT (Growing Retailers Innovatively Together), seeks to enhance the …

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