Tag Archives: nssf

Kampala, Uganda |  THE INDEPENDENT |  Workers saving with the National Social Security Fund, NSSF, will now be able to have their claimed processed within eight days, and without the need for the claimants to walk to the Fund’s offices. With time, the claims will be processed and paid in one …

Industry regulator says the future is bright amidst current COVID-19 pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s retirement benefits sector recorded a 13.8% increase in assets to Shs13.2trillion for the year ended Dec. 2019, according to the Uganda Retirements Benefits Regulatory Authority’s performance latest report presented on Sept.02 in …

Kampala, Uganda | THE INDEPENDENT | Since its establishment in 2011, the Uganda Retirement Benefits Regulatory Authority (URBRA) has overseen the growth of the retirement benefits sector which, as at end of 2019, contributed 10.3% of Uganda’s Gross Domestic Product (GDP). The sector remains vibrant with an average annual growth rate …

Kampala, Uganda | THE INDEPENDENT | The Workers MP Sam Lyomoki has said there are plans to sabotage the National Social Security (NSSF) amendment Bill 2019 that seeks to allow for midterm access to members savings. The bill among other things proposes for midterm access for savers of 45 years …

Kampala, Uganda | THE INDEPENDENT | An activist has petitioned the Constitutional court to declare that a compulsory requirement that employees must register and save their retirement money with only the National Social Security Fund (NSSF) is illegal and limits people’s freedom of choice and democracy. The petition is filed by …

  Kampala, Uganda | THE INDEPENDENT | The National Organisation of Trade Unions (NOTU) has said that it is against a planned demonstration by a section of savers against the National Social Security Fund- NSSF. Usher Wilson Owere, the Chairman General of NOTU says that the body is not part of …

While everyone understands the financial squeese workers are going through, let’s not court more disaster COMMENT | PETER NYANZI | In the 1830s, the British Economist William Forster Lloyd wrote an essay in which he described a phenomenon he called the ‘tragedy of the commons.’ Simply put, if a shared/common …

Private sector present various stimulus packages to government on how kick-start business activities back to normal growth curve Kampala, Uganda | ISAAC KHISA | Life is slowly returning to normalcy in Uganda’s towns save for those that lie on the borders with neighbouring countries. Shops and restaurants are back to …

Kampala, Uganda  | GODFREY SSALI | Uganda’s Constitutional Court has given National Social Security Fund (NSSF) and the Attorney General of Government 10 days within which to respond to a petition filed by a Human Rights Activist Morris Rwakakamba. Rwakakamba who filed the petition in public interest, wants an interpretation of …

Kampala, Uganda | THE INDEPENDENT | Officials in the pension sector are debating the idea to change the name of National Social Security Fund (NSSF) because ‘the way it is now’ doesn’t speak to what the fund is. Martin Nsubuga, the executive director of the Uganda Retirement Benefits Regulatory Authority (URBRA), …