Why NSSF declared 10% interest rate to members
Members of the public have welcomed the declaration, saying it is a sign of growth in the members’ savings
Source: monitor.co.ug
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Members of the public have welcomed the declaration, saying it is a sign of growth in the members’ savings
Total realised income earned increased by 15 percent from Shs1.9 trillion in the Financial Year 2022/22 to Shs2.2 trillion in the Financial Year 2022/23
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.
During the period ended June 2023, NSSF’s assets increased by Shs1.32 trillion from Shs17.26 trillion in June 2022 to Shs18.58 trillion