Tag Archives: nssf

  By Peter Nyanzi Workers turn to mass action to protect savings Fed up with government’s apparent lack of concern for their welfare, workers in Uganda are resorting to mass action in a bid to put pressure on the government to protect their pension savings in the National Social Security …

By Peter Nyanzi Extravagance, high expenditure eroding workers’ savings As the NSSF top bosses sing high praises about their financial statements for 2011, financial experts have started punching holes in it. In a statement issued last week, NSSF managing director Richard Byarugaba said for the first time in 10 years, …

By Peter Nyanzi Isaya Mulondo worked as a mechanic for construction firms in Kampala for 20 years before he retired at 54.  Eight years earlier, he had lost his first wife with whom he had three mature children.  He married again and bore two more children. On retiring, he got …

By John Njoroge State House involved in search Kagina, Rutega, Muhairwe named On December 30, 2009 the National Social Security Fund (NSSF) appointed Grace Isabirye as Acting Managing Director (MD) pending a formal appointment of a new MD by the NSSF board of directors. Isabirye had been NSSF’s Chief Investments …

By Andrew M. Mwenda Almost every two years we are treated to the spectacle of all the ills at the National Social Security Fund (NSSF). An inquiry into the Fund has always exposed rot leading to the board and top management getting fired, ministers responsible being reshuffled, sometimes the managing …

By Patrick Kagenda Interest payments plunge from 14% to 3 %, inflation hits 15% As the July deadline for the National Social Security Fund (NSSF) to declare the annual interest to its members nears, speculation is mounting that the compulsory saving scheme for all private sector workers could announce a …

By Patrick Kagenda As stockbrokers and punters eagerly wait for the return of the National Social Security Fund (NSSF) to trading on the Uganda Securities Exchange in Kampala, regional financial markets experts are concerned about its management. Company Secretary Martin Bandebire, who is NSSF’s acting managing director, has not said …

By Patrick Kagenda Simon Rutega, CEO of the Uganda Security Exchange, tells The Independent’s Patrick Kagenda that the absence of the National Social Security Fund distorts and depresses the long-term funds market How has the Uganda Securities Exchange been faring under the global economic slowdown? A global recession will obviously …

By David Chandi Jamwa I have read carefully the reasons why I was supposedly sent on suspension as Managing Director of the National Social Security Fund (NSSF). I admit that I am not perfect. Indeed, no one ever is. Yet my alleged faults are of a tactical, not a strategic …

By Andrew M. Mwenda One of the key issues of 2008 was the price at which the National Social Security Fund (NSSF) bought land belonging to security minister, Amama Mbabazi. I strongly believe it was a good price. Many believe it was a rip-off. If i am right, workers should …