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Tag Archives: Savers

Airtel Uganda hands Sh42.6 billion dividend to NSSF

    For millions of Ugandans saving for retirement, the performance of the businesses in which their money is invested ultimately matters.   Kampala, Uganda | NEWS CORRESPONDENT |  Airtel Uganda has handed over a dividend cheque worth sh42,609,880,000 to the National Social Security Fund (NSSF), representing returns on the Fund’s …

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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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NSSF savers get 9.65 percent interest

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund is to pay out 9.65 per cent to each of its savers for the year ended June 2022. This is the first time in 15 years that the rate announced is below 10 per cent, mainly due to the …

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Government to protect Sacco savers’ deposits

Kampala, Uganda | THE INDEPENDENT | SACCO savers are set to get relief from the rampant losses due to group dissolution or liquidation as well as closures for any reason, as the government is set to implement a fund to secure their savings with different SACCOs in the country. The SACCO …

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