The firm is now eying NSSF savers, banks and Sacco’s to spearhead growth Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd is venturing into production of bricks, thanks to the improved technology and the booming construction sector. The firm’s executives claim the new brick will lower construction costs compared …
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Kampala, Uganda | THE INDEPENDENT | The Court of Appeal has upheld the conviction of a former Finance and Administration Manager at a Health NGO African Centre for Global Health and Social Transformation (ACHEST). Patrick Odele had run to the Court of Appeal in 2017 after the Anti- Corruption court …
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Kampala, Uganda | THE INDEPENDENT | Although the slow verification and random selection of applicants for the NSSF midterm access aims to avoid malpractices for those using the manual applications, it has been identified as the probable cause of delays in the disbursement of the payments. Unlike the online applications, …
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NSSF paid out sh28.8 billion above target Kampala, Uganda | THE INDEPENDENT & URN | The National Social Security Fund has paid out Ushs78.8 billion to 4,417 eligible members to date, UGX 28.8 billion above its weekly target of UGX 50 billion, following mass application of the mid term benefit that …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund will commence payment of eligible members for the mid-term access to their contributions on March.17 in response to the new pension law. President Yoweri Museveni assented into the amended pension law, NSSF Act 2022, paving way for contributors …
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Kampala, Uganda | THE INDEPENDENT & URN | In accordance with the National Social Security Act (2022), the National Social Security Fund (NSSF) will commence payments to eligible members for the ‘Mid-term access’ in respect to Section 20A (1), (2), effective March 17th. This was revealed today by Richard Byarugaba, the …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) will pay 50 Billion Shillings every week for the first five months to beneficiaries of the midterm access. This was revealed on Thursday by Betty Amongi, the Minister for Gender, Labor, and Social Development while announcing the guidelines, regulations, …
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URBRA made a total of 16 recommendations, of which 13 were adopted by Parliament and incorporated into the new law COMMENT | MARTIN A. NSUBUGA | The enactment of the NSSF (Amendment) Act 2021, came as a New Year Gift, not only for members of NSSF, but for all who had …
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Octagon Africa, a regional financial services provider offering pension and insurance service entered Uganda’s pension market in 2013, and now holds about US$100million in assets under its management. The firm’s CEO Fred Waswa spoke to The Independent’s Isaac Khisa on a wide range of issues in the pension industry. What …
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Kampala, Uganda | THE INDEPENDENT | The National Social Social Security Fund-NSSF together with the Ministry of Gender have pledged to expedite a statutory instrument that will ease access to savings by Ugandan workers. The commitment follows the enactment of the NSSF (Amendment) Bill which was assented to by President Yoweri …
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