Tag: NSSF
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Parliamentary Committee exposes petitioner against NSSF as a front for the Minister of Gender
Matua Job Richard, the hitherto petitioner who claimed to have petitioned the Minister of Gender, Labour & Social Development Hon Betty Amongi has this afternoon been exposed by the Parliamentary Committee investigating corporate governance at NSSF as having obtained documents from the same minister he claims to have petitioned. He was appearing before the Parliament Select Committee investigating…
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NSSF’s Shs6 billion request was legal – Minister Amongi
Kimbowa had told the committee that the Shs6 billion under the 2022/2023 budget was not approved by the board because it did not have a work plan.
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Gen. Salim Saleh Rallied NSSF To Play a More Transformative Role
By Charles Batambuze & Sam Okello-Kelo It has been weeks of unending drama at the country’s top retirement fund, the National Social Security Fund (NSSF). There is a duel between Hon. Betty Amongi the Minister of Gender, Labour and Social Development and NSSF Managing Director Richard Byarugaba. This has also attracted the usual fear mongering…
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NSSF, Mastercard earmark Ugx 7.6bn to support women businesses
KAMPALA: Wednesday, November 23, 2022: The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has earmarked over Ushs7.6bn seed funding to 100 indigenous women-owned businesses under the third cohort of their NSSF Hi-innovator programme, an innovation initiative. This was revealed at the launch of the 3rd funding round for NSSF Hi-Innovator dubbed NSSF Hi-Innovator Women Accelerator during the…
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NSSF tags lower interest rate to mid-term access
For the first time in a decade, the National Social Security Fund (NSSF) declared a single digit interest rate of 9.65 percent that will be paid to members for the Financial Year 2021/2022. This is equivalent to Shs1.37 trillion that will be credited to members. The drastic drop from 12.15 percent declared for the FY2020/2021,…