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 …
Read More »NSSF and Mastercard invest $10m in Ugandan ‘Silicon Valley’
MasterCard Foundation, NSSF 2028 Target: To create 500 startups and up to 132,000 jobs ✳ Support 500 startups ✳ 100 startups to scale ✳ Create132,000 jobs ✳ 132,000 new NSSF members ✳ Use $10million ($5m Mastercard Foundation + $5m NSSF) ▶ In the past 14 months ✳ 8,039 entrepreneurs …
Read More »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 …
Read More »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. …
Read More »NSSF, Mastercard award Shs5.9 billion seed funding to Ugandan Businesses
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has awarded UGX5.9 billion as seed funding to an additional 78 Ugandan small and growing businesses through their Hi-innovator Program. This brings the total of businesses funded to 110 since the Hi-Innovator Programme …
Read More »NSSF, Ideawake to support Ugandan innovators and entrepreneurs
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has announced a partnership with Ideawake, a global innovation software company, to expand access to the NSSF Hi-Innovator programme to more entrepreneurs across the country. In 2021, the Fund launched the NSSF Hi-Innovator programme, an innovation initiative in …
Read More »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 …
Read More »IN THE INDEPENDENT: NSSF stuck over ‘Orders from above’
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY NSSF stuck over ‘Orders from above’: MD Byarugaba joins list of government officials ‘stuck’ over Museveni directives THE LAST WORD The bastardisation of civil society: Why the struggle against NGOs in poor countries …
Read More »NSSF to unveil 550 housing units at Temangalo in 2024
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s National Social Security Fund plans to unveil the first 550 housing units at its Temangalo housing project for sale in 2024 as it seeks to tap into the growing demand for accommodation in the Kampala Metropolitan Area. NSSF Managing Director Richard Byarugaba said …
Read More »NSSF savers get 9.65 percent interest
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund is to pay out 9.65 per cent to each of its savers for the year ended June 2022. This is the first time in 15 years that the rate announced is below 10 per cent, mainly due to the …
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