The new card will replace the laminated membership cards with more functions allowing members access more services Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund in partnership with Visa and Centenary Bank on June.16 unveiled a three-in-one social security smart card that embeds NSSF functionality, bank functionality and …
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Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has tasked the National Social Security Fund-NSSF to ensure there are no cases of cyber fraud as the fund launches a three-in-one social security smart card. With the card, the fund’s qualified members will be able to directly withdraw their NSSF …
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Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has paid out a total of sh421 billion worth of midterm benefits to over 21,600 eligible members in less than 3 months, following commencement of payments in March this year. The payments are in respect to Section …
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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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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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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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The firm is now eying NSSF savers, banks and Sacco’s to spearhead growth Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd is venturing into production of bricks, thanks to the improved technology and the booming construction sector. The firm’s executives claim the new brick will lower construction costs compared …
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Kampala, Uganda | THE INDEPENDENT | The Court of Appeal has upheld the conviction of a former Finance and Administration Manager at a Health NGO African Centre for Global Health and Social Transformation (ACHEST). Patrick Odele had run to the Court of Appeal in 2017 after the Anti- Corruption court …
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Kampala, Uganda | THE INDEPENDENT | Although the slow verification and random selection of applicants for the NSSF midterm access aims to avoid malpractices for those using the manual applications, it has been identified as the probable cause of delays in the disbursement of the payments. Unlike the online applications, …
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NSSF paid out sh28.8 billion above target Kampala, Uganda | THE INDEPENDENT & URN | The National Social Security Fund has paid out Ushs78.8 billion to 4,417 eligible members to date, UGX 28.8 billion above its weekly target of UGX 50 billion, following mass application of the mid term benefit that …
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