Tag Archives: saving

Otuke, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has launched its livelihood support project. The initiative is aimed at recruiting informal sector workers to save with the fund. Launched in Otuke district on Friday, the project is currently being piloted in the four districts of Otuke in …

  NSSF aims to create more jobs and make saving a way of life ✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% 2021 ✅ 12.15% 2022 ✅ 09.65% 2023 ✅ 10.00% 2024 ✅ …

Uganda’s 3rd Safe Motherhood Conference discusses innovative solutions Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s Ministry of Health, in partnership with PATH Uganda, convened a three-day conference to address the pressing issue of maternal mortality. The “Safe Motherhood Conference” aim was to share insights, discuss innovative solutions, and strategize on reducing …

Kampala, Uganda | THE INDEPENDENT | The acting Governor Bank of Uganda (BOU) Michael Atingi-Ego has urged savers in the country to always entrust their savings to regulated financial institutions only. “The only way to preserve and grow the value of your money is to earn a return greater than inflation. …

COMMENT | JULIET BAGGYA NSIYONA | One of the communities known widely for the old age tradition of saving is India. Popularly known for encouraging the saving of chunks of their income rather than consuming it, this tradition is instilled right from birth, so, ideally each Indian child is aware …

URBRA’s Nsubuga says “we think that this lump sum payment is not attractive” Kampala, Uganda | THE INDEPENDENT | The pensions sector regulator URBRA insists that the decision to allow savers to withdraw up to 20 percent of their savings to cater for emergency financial distress was wrong and could …

✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% 2021 ✅ 12.15% NSSF to give out sh1.52 trillion to members Kampala, Uganda | THE INDEPENDENT | Finance Minister Matia Kasaija has announced a 12.15% …

Uganda’s retirement benefits sector grows from sh15.4 trillion to Sh17 trillion, 11.1% of Gross Domestic Product Kampala, Uganda | THE INDEPENDENT |  The Minister of Finance, Planning and Economic Development, Matia Kasaija has lauded the Retirement Benefits Sector as key to Uganda’s economy because of the sector’s ability to mobilise …

Kampala, Uganda | THE INDEPENDENT | Saving with a smaller bank earns you a better return than you would get with glamorous bigger banks, analysis of the latest Bank of Uganda data compilation shows. The data which shows what the banks pay you and charge you shows that commercial banks outside …

  Kampala, Uganda | THE INDEPENDENT | The girl child aged 13 to 18 years have been challenged to embrace the savings culture. This was during the launch of a campaign dubbed #365Saving organized by a group Women4Her in collaboration with Centenary Bank several other stakeholders. The campaign’s main goal …