Kampala, Uganda | THE INDEPENDENT | Parliament has reached a consensus on which ministry will supervise the operations and activities of the National Social Security Fund (NSSF). There has been a big contestation on whether the supervisory role of NSSF funds should be under the Ministry of Gender, Labour and Social Development …
Read More »NOTU spitting fire over delayed NSSF Bill
Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) has threatened to mobilize workers countrywide to protest the delayed processing of the National Social Security Fund (NSSF) amendment bill. Although the NSSF Bill recently appeared under the business to follow for debate on the order paper, …
Read More »NSSF, Centenary Bank and Stanbic Uganda Holdings sweep 2021 FiRe awards
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund was declared the overall winner of this year’s 2021 Financial Reporting Awards (FiRe) organised by the Institute of Certified Public Accountants of Uganda (ICPA-U). Held on Nov.10 at Skyz Hotel Naguru and via zoom, organisers said the awards aim at promoting and …
Read More »Anti-Corruption Unit, police probe fake titles on NSSF land
Kampala, Uganda | THE INDEPENDENT | The State House Anti-Corruption Unit and the police are investigating a case in which 10 people allegedly acquired by fraudulent means, titles on land at Lubowa owned by the National Social Security Fund-NSSF. It is alleged that in 2019, Muhammad Kityo Lubowa, Moses Bogere, Betty …
Read More »Gender committee approves NSSF midterm access
Kampala, Uganda | THE INDEPENDENT | The Gender, Labour and Social Development Committee of Parliament has approved the 20 percent midterm access for National Social Security Fund (NSSF) savers aged 45, and have saved for 10 years. The NSSF bill which among other things sought to allow for midterm access of …
Read More »MPs resolve to station NSSF supervision under gender ministry
Kampala, Uganda | THE INDEPENDENT | The Gender committee of Parliament has resolved to revert the management and supervision of the National Social Security Fund (NSSF) to the Ministry of Gender. The fund is a government agency responsible for the collection, investment and distribution of retirement funds from employees who are …
Read More »NSSF midterm access supervision remains contentious
Kampala, Uganda | THE INDEPENDENT | A consensus has been reached on the midterm access for Ugandans aged 45 and have saved with the National Social Security Fund (NSSF) for 10 years, but conflict still remain on who should supervise the fund. Different stakeholders including the Ministry of Finance and planning, …
Read More »Finance ministry: We have adequate funds for midterm access
Kampala, Uganda | THE INDEPENDENT | There are adequate funds under the National Social Security Fund (NSSF) to pay midterm access, the Finance State Minister in Charge of Planning, Henry Musasizi has revealed. Appearing before the Gender Committee of Parliament that is considering the issue of midterm access, the minister noted …
Read More »NSSF: Mid-term payments will be staggered
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has said that it has no money available for lump sum payments if parliament passes the NSSF Amendment Bill. NSS say payments can only be staggered. This was disclosed by the fund’s Managing Director Richard Byarugaba on Thursday …
Read More »NSSF Lubowa housing project wins international property award
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has won the five-star award for the Africa and Arabia Property awards for their real estate project in Lubowa, dubbed Solana, it said on Oct.11. This was during a virtual awards ceremony in London that brought together the best property …
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