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Tag Archives: nssf

Pension to be largest sector in Uganda

Martin A. Nsubuga was confirmed as the Chief Executive Officer for Uganda Retirement Benefits Regulatory Authority (URBRA) in June 2019. He broadly spoke to The Independent’s Julius Businge about his plan and emerging issues in Uganda’s pension sector. What is it that you have started off with as substantive CEO? …

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NSSF will not lend directly to government-MD

The government’s plan to amend the current NSSF Act has caused uproar among the public in the past days. NSSF’s Managing Director, Richard Byarugaba, spoke to The Independent’s Isaac Khisa about the motives behind the proposed law and its implications to the members and economy. What does this NSSF Amendment …

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Targeting NSSF money

The truth and the lies Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Richard Byarugaba sits on the biggest pile of money in Uganda. He is the managing director of NSSF, the country’s only government-run compulsory pension savings scheme for workers valued at over Shs9.9 trillion as at June …

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Namboole stadium needs UGX 15bn for CCTV cameras, fence

Kampala, Uganda | THE INDEPENDENT | Mandela National Stadium is seeking 15 billion Shillings for acquisition of security equipment and to erect a fence. The budget is revealed in documents submitted to Parliament’s Public Accounts Committee (PAC) –Central Government by the Stadium Managing Director Jamil Sewanyana. The documents were demanded …

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NSSF increases funding for KAVC international memorial tournament

Kampala, Uganda | THE INDEPENDENT | National Social Security Fund-NSSF has increased funding to the Kampala Amateur Volleyball Club (KAVC) memorial international tournament from Shillings 130 million last year to Shillings 180 M this year. The increased funding is meant to boost the morale of players. The winning team will receive …

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Former NSSF director Jamwa asks Supreme court to acquit him

Kampala, Uganda | THE INDEPENDENT | David Jamwa, the former Managing Director of the National Social Security Fund-NSSF has asked the Supreme Court to quash his conviction for abuse of office and causing financial loss. Jamwa is seeking to quash the 12 year jail term handed to him by the …

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Money Talk Symposium

NSSF, experts tell members to save beyond the 5% they remit monthly   Kampala, Uganda | JULIUS BUSINGE | Do you spend less and invest more of your income a head of your retirement? Will you have enough monetary resources upon retirement? Will there be any impact upon taking your …

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