Kampala, Uganda | JULIUS BUSGINGE | The National Social Security Fund has earned a total of Shs31.5billion as dividends for the year ended December 31, 2022, from its investment in MTN Uganda. NSSF Uganda, East Africa’s largest national savings fund by value, invested Shs360 billion in December 2021 to acquire …
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Over 1400 new employers registered since the start of the drive in March Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund has announced an extension of the mandatory registration for employers to June 30, 2023, following requests from small and medium enterprises. The non-compliant employers will thereafter be …
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Kampala, Uganda | THE INDEPENDENT | Financial industry regulators have called for a review of the pension sector regulations to enable retirees to continue benefiting from the retirement benefits fund even after retirement. Currently, on attaining the required qualifications for receiving the benefits, the savers receive all that is due …
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Kampala, Uganda | JULIUS BUSINGE | A total of 5,000 students in seven universities countrywide are expected to benefit from this year’s annual career expo. The focus is on empowering the beneficiaries to succeed in the emerging gig economy with the relevant skills. The two-week expo will be held from …
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More than 50,000 employers have been given a 30-day deadline to pay contributions Kampala, Uganda | JULIUS BUSINGE | Uganda’s employers irrespective of the number of workers employed have only 30 days to register with the National Social Security Fund (NSSF) and remit social security contributions for their employees. NSSF acting …
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Kampala, Uganda | THE INDEPENDENT | The Committee of Public Service and Local Government has cautioned the Minister of Public Service, Hon. Muruli Mukasa against commercialisation of the Pensions Fund saying this may lead to recurrence of the challenges faced by the National Social Security Fund (NSSF). The minister appeared …
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Kampala, Uganda | THE INDEPENDENT | Today marks the beginning of the 30-day ultimatum provided for by the amended National Social Security Fund (NSSF) Act requiring all employers in the Small and Medium Enterprises and informal sectors to register with the fund or risk penalties for non-compliance. According to …
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Why I harbor a deep-seated hostility to parliamentary and other investigations into public corruption THE LAST WORD | Andrew M. Mwenda | I promised in this column last week to return to the NSSF saga and shade more light on how public hearings distort facts and purvey bias and prejudice. ( The Trouble …
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Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation have awarded Shs4.8bn seed funding to 66 women entrepreneurs through their Hi-innovator Women Accelerator program. A total of 15,000 job opportunities for women and youths countrywide are expected to be created through this …
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Kampala, Uganda | THE INDEPENDENT | The Committee of Commissions, Statutory Authorities, and State Enterprises-COSASE has faulted Kampala Capital City Authority-KCCA for failing to remit the statutory deductions from staff amounting to 4.107 billion Shillings to the National Social Security Fund (NSSF) for the Financial Year 2021/2022. The committee members confirmed …
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The Independent Uganda: You get the Truth we Pay the Price