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Tag Archives: nssf

NSSF half-year contributions up 22% to Shs786bn

The Fund Asset size increased from Shs17.65 trillion in July 2022 to Shs17.88 trillion in December 2022 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after savers contributions and realized income grew by …

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NSSF probe starts work, focus expected to be on Amongi letter

Kampala, Uganda | THE INDEPENDENT | Parliament has started its investigation into the corporate governance structures of the National Social Security Fund (NSSF). The Members of Parliament (MPs) will not only examine the circumstances surrounding the appointment of the fund’s managing director Richard Byarugaba, but also evaluate the status and safety …

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Parliament names select committee to probe NSSF

  Kampala, Uganda | THE INDEPENDENT | Mbarara South Division Member of Parliament, Hon. Mwine Mpaka was named Chairperson of the select committee to investigate operations and management of the National Social Security Fund (NSSF). The other committee members include are Workers’ Representative, Charles Bakkabulindi, Karim Masaba (Indep., Industrial Division Mbale …

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Ayota downplays political influence fears into NSSF operations

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund-NSSF is on the way to achieving above the target set for the year 2022/2023, according to the Acting Managing Director, Patrick Ayota. The bright outlook is based on the performance over the last six months. The Fund’s records show that …

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MP Mwine Mpaka to chair NSSF probe committee

🔵 Probe team named ✳ Mwine Mpaka (chair) ✳ Charles Bakkabulindi ✳ Karim Masaba ✳ Michael Kakembo ✳ Fortunate Nantongo ✳ Laura Kanushu ✳ Amos Kankunda Kampala, Uganda | THE INDEPENDENT | Mbarara South Division Member of Parliament, Mwine Mpaka has been named Chairperson of the select committee to investigate operations …

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Amongi’s hand on NSSF money

Fund jinx catches another MD over alleged corruption Kampala, Uganda | Mubatsi Asinja Habati | For the past few months, NSSF has been in the news over a fight between the line Minister Betty Amongi and its out-going but still interested Managing Director (MD) Richard Byarugaba. Byarugaba is facing allegations of mismanagement …

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Parliament to probe NSSF wrangles 

Kampala, Uganda | THE INDEPENDENT | Speaker of Parliament Anita Among decided to institute a select committee to investigate the ongoing controversy surrounding the alleged mismanagement of Shs 17 trillion shillings at the National Social Security Fund (NSSF). The Speaker will announce a five-member committee on Monday next week, vowing not …

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Select Committee to probe NSSF operations

Kampala, Uganda | THE INDEPENDENT | The Speaker Anita Among has reiterated the importance of protecting workers’ savings stressing that any diversion of the funds is a criminal act. She also directed investigations into the operations and management of the National Social Security Fund by a select committee. Among said that the …

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Gender Minister to present status report on NSSF

Kampala, Uganda | THE INDEPENDENT | The Speaker Anita Among, has directed the Minister of Gender, Labour and Social Development, Betty Amongi to present a statement on the current status of the National Social Security Fund (NSSF). NSSF, whose portfolio stands at Shs17.9 trillion has recently been marred with allegations of corruption …

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