Kampala, Uganda | THE INDEPENDENT | The police through its department of private security organisations (PSOs) and private firearms has ordered private security companies to remit National Social Security Fund -NSSF contributions for their guards or close business. Presenting proof of NSSF remissions for all their guards will be the …
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But the houses are too expensive for the average Ugandan Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s pension fund has placed more than 370 housing units for sale at its Lubowa Housing Project on Entebbe Road in Wakiso District but they are expensive to the average local population. NSSF Managing …
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Kampala, Uganda | THE INDEPENDENT | During a cocktail event following the launch of NSSF’s Solana housing project in Lubowa yesterday, Lilian Mbabazi – one of the members of the legendary girl group, Blu 3 – sent guests down memory lane with performances from the girl group’s heydays. Performing live …
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All retirement benefits schemes are required to have an investment policy statement, also known as the Investment Strategy, which clearly stipulates how they intend to invest members’ savings. COMMENT | Lydia Mirembe | “Advise people to learn how to grow their asset column and…accumulate their wealth rather than saving without investing.” …
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Libya stopped funding the telecom company five years ago and instead Ugandan government took over its management | THE INDEPENDENT | On Aug.08, Uganda’s Court of Appeal overturned the High Court decision directing the National Social Security Fund to refund Uganda Telecom Shs14bn contribution belonging to former employees. This verdict …
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Assets under management have increased from Shs4tn in 2014 to Shs20tn but sector players want Ugandans to save more Kampala, Uganda | JULIUS BUSINGE | As the Uganda Retirement Regulatory Authority continues to celebrate its 10-year anniversary, experts have challenged its executives to support innovations in the sector so as …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s Retirement Benefits Sector is yet to expand coverage to all working citizens to enable them save for retirement, with confidence and without coercion. Currently, only 2.8 million Ugandans are covered under a retirement plan, with the majority of them under the mandatory NSSF. …
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Kampala, Uganda | THE INDEPENDENT | Pension sector leaders continue to be divided on how best to manage the savings made by Ugandans for their old age, 10 years after the retirement benefits industry was formalized with specific laws. By January 2022, there were at least 64 schemes licensed by the …
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The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has warned that their investments projects, especially in real estate will slow down from the pace that was exhibited in the previous year, due to the dwindling cash reserves. The Fund’s cash availability has reportedly been affected by the implementation …
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