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Nakalanzi remanded over sh1 billion financial loss

Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has remanded Brender Nakalanzi, the Managing Director for Goshen Hope Enterprises, to Luzira Prison on charges of causing government a financial loss of more than one billion shillings. Nakalanzi was on Friday afternoon arraigned before the Anti-Corruption Court Chief …

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Apple farmers get market boost from Uganda Breweries Limited

Kampala, Uganda | THE INDEPENDENT | Apple farmers in Western Uganda have been encouraged to grow more of the fruit to tap into the expanded local market. Uganda breweries Limited-UBL is collaborating with agencies including National Agricultural Research Organization-NARO to mobilize local farmers with a focus on boosting apple growing for …

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NSSF mid-term payments reach Shs400bn

The pension fund manages assets worth over Shs15.5 trillion invested in assets cross East Africa Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund has paid Shs400bn to 18000 eligible members for the mid-term access since the exercise commenced on March.17, the fund’s executive said. The payments are in accordance with …

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‘120 months NSSF contribution thresh-hold to be scrapped’

Kampala, Uganda | THE INDEPENDENT | The Government and workers’ representatives have agreed to scrap the 120 months-contribution thresh-hold requirements for National Social Security Fund-NSSF midterm access. Usher Wilson Owere, the chairperson of the Nation Organization of Trade Unions-NOTU disclosed this during the Labor Day celebrations at Kololo ceremonial grounds. The Gender, Labor …

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NSSF mid-term requests decline after first month

Kampala, Uganda | THE INDEPENDENT | Up to sh400 billion has been paid out to over 18,000 claimants under the National Social Security Funds-NSSF midterm access. According to information obtained by URN, the fund made the first disbursement on March 17, 2022, after receiving 41,174 applications. Of these, only 14,690 applicants were …

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