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Tag Archives: nssf

We are not dishing bailout money – NSSF reassures

National Social Security Fund boss Richard Byarugaba has rubbished media reports that the institution would be providing a mind-boggling 1 trillion shillings to for an impending bailout of selected business moguls. The nation is grappling with tail-spinning details that emerged of President Museveni spearheading a life-saving campaign for heavily indebted …

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NSSF and high-end houses

Analysts question feasibility of Shs 650m houses in glutted market yet demand is higher for low end accommodation At the beginning of this month, the National Social Security Fund (NSSF) commissioned a large-scale project worth Shs14.5bn to construct a housing estate at Mbuya involving 40 residential houses. This venture puts …

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NSSF’s ugly Shs650m mansions

COMMENT: By Joseph Were Great corporation managers know one great thing; they know the difference between what their organisations do and why the organisations exist. Some people know Steve Jobs only for what Apple, the company he founded, does. That it creates, produces, and sells amazing computer and electronic gadgets. …

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Geraldine Ssali denied entry into NSSF

The saga surrounding the National Social Security Fund (NSSF) Deputy Managing Director Geraldine Ssali Busulwa continued yesterday when she was denied access to her office. Ssali, who was suspended and went to court to protest, turned up at office but was told to first meet preconditions for her return. A …

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NSSF’s Shs 3.3 bn complex

Jinja project starts as Fund gets set to invest Shs 578 bn in 2016 On April 20, the National Social Security Fund (NSSF) held a groundbreaking ceremony for the construction of an ultra-modern commercial building in Jinja town, an event that officially kick starts the Fund’s ambitious agenda to invest …

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Pension sector in Uganda tops Sh.7 trillion

Reforms spur social security services but still lag behind peers and standards in developed countries, writes Isaac Khisa. Things are changing for the better in the pension sector. Five years ago, the government enacted the Uganda Retirements Benefits Authority Act that created the Uganda Retirement Benefits Regulatory Authority (URBRA). According …

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Parliament and NSSF report

By Agather Atuhaire MPs say committee recommendations outdated, unrealistic, and barred by court Recommendations by a committee of parliament that was instituted to probe the National Social Security Fund (NSSF) over purchase of shares in power distributor; Umeme, the rehiring of its managers, and alleged losses incurred in transaction of …

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