Page 2 - Patrick Ayota News Today

Uganda’s National Social Security Fund (NSSF) has declared intent to invest Shs199billion to acquire 10.55 per cent of Airtel Uganda's 8billion shares in the company's initial public offering...

NSSF

“I note that nothing in his (Byarugaba)’s affidavits or the annexures thereto impeaches my competence to be appointed as the managing director of NSSF,” states Mr Ayota in his defence

Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF), has brought forth new requests before the High Court in Kampala as he intensifies his efforts to oust...

NSSF

The National Social Security Fund (NSSF) is planning to create a special savings package for Ugandans living and working overseas.

The losses were a result of economic volatilities particularly in Kenya, and the East Africans region, as a whole

NSSF

NSSF management must urgently shore up its new initiatives, voluntary contributions from the informal sector and consider indexing its returns to inflation to capture more savings

According to Uganda's finance minister, the new rate will be credited to the balance outstanding on the members’ accounts as of July 1, 2022.