Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund-NSSF has invited local suppliers to take up opportunities worth 826 Billion Shillings that it plans to spend on procurement for products and services in the year 2021/2022 financial year. The planned projects include real estate, which will take 779 billion …
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Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has recommended that the Kampala Capital City Authority-KCCA Accounting Officer recovers the 10 percent contribution that was remitted to National Social Security Fund (NSSF) for KCCA pensionable staff. The committee has also criticized officials of …
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Kampala, Uganda | JULIUS BUSINGE | The 10th NSSF-Monitor Career Expo is set to begin tomorrow and will go on for three days virtually, the NSSF Managing Director Richard Byarugaba and Nation Media Group Uganda Managing Director Tony Glencross told reporters earlier today (March 23). The two executives said COVID-19 pandemic preventive …
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Why it will take more than the positive steps introduced by parliament through the NSSF Bill COMMENT | MORRISON RWAKAKAMBA | After two years of back and forth, legislative rancour, bevy of consultations and a mix of COVID-19 that ripened urgency for workers protections – and continues to upstage fortunes …
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📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …
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📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …
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Kampala, Uganda | THE INDEPENDENT | The government has told Parliament that it needs more time to consult on the National Social Security Fund (NSSF) Amendment Bill 2019 concerning which Ministry should supervise the funds. In September last year MPs disagreed over the clauses relating to midterm access and which Ministry …
Read More »Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
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Kampala, Uganda | THE INDEPENDENT | National Social Security Fund- NSSF wants the laws governing its investments amended to allow the fund to lend money to local governments. This comes after the local government officials and a UN official called for the empowerment of local governments to negotiate their loans and …
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The taxman had expected to collect Shs42.5bn in principal and penal tax from NSSF contributors Kampala, Uganda | JULIUS BUSINGE | It became official on Nov. 02 that the National Social Security Fund will not be remitting income tax to Uganda Revenue Authority on the interest rate that it pays …
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The Independent Uganda: You get the Truth we Pay the Price
