Tag Archives: nssf

Why it will take more than the positive steps introduced by parliament through the NSSF Bill COMMENT | MORRISON RWAKAKAMBA | After two years of back and forth, legislative rancour, bevy of consultations and a mix of COVID-19 that ripened urgency for workers protections  – and continues to upstage fortunes …

📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …

📌 NSSF amendment bill highlights ✳ To EXPAND social security coverage by providing for mandatory contribution of all workers regardless of the size of the enterprise or number of employees and also allowing voluntary contributions to the Fund ✳ To provide for midterm access to VOLUNTARY contributions ✳ To empower …

Kampala, Uganda |  THE INDEPENDENT | The government has told Parliament that it needs more time to consult on the National Social Security Fund (NSSF) Amendment Bill 2019 concerning which Ministry should supervise the funds. In September last year MPs disagreed over the clauses relating to midterm access and which Ministry …

Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …

Kampala, Uganda |  THE INDEPENDENT |  National Social Security Fund- NSSF wants the laws governing its investments amended to allow the fund to lend money to local governments.  This comes after the local government officials and a UN official called for the empowerment of local governments to negotiate their loans and …

The taxman had expected to collect Shs42.5bn in principal and penal tax from NSSF contributors Kampala, Uganda | JULIUS BUSINGE | It became official on Nov. 02 that the National Social Security Fund will not be remitting income tax to Uganda Revenue Authority on the interest rate that it pays …

  Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has won a landmark case that has saved workers saving up to 43 billion shillings. Uganda Revenue Authority had written to NSSF seven years ago, informing the agency that the interest paid to members accounts is accepted as an …

Kampala, Uganda | Julius Businge | The National Social Security Fund is the overall winner of the Gold Integrated Financial Reporting Award for 2020 organised by the Institute of Certified Public Accountants of Uganda. This was at the 10th Financial Reporting (FiRe) awards ceremony held at Skyz Hotel, Naguru – Kampala …

The Federation of Uganda Employers (FUE) is celebrating its 60th anniversary this year. The Federation’s Executive Director, Douglas Opio, spoke to The Independent’s Ronald Musoke about the long journey and a wide range of employer-employee issues in the country. The Federation of Uganda Employers (FUE) is celebrating 60 years this …