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Workers cry over management vacuum at NSSF

Reporter by Reporter
October 3, 2014
in Business, News
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A day after the National Social Security Fund announced an increase in interest rate to be paid out to savers, workers representatives are raising concern over the management vacuum at the fund.

On Wednesday the Fund announced an increase in interest rates to members to 11.5 percent from 11.23 percent attributing it to the prudent investment decisions.

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However, the Chairman of the National Organisation of Trade Unions Usher Wilson Owere says the increase alone without competent managers will mean nothing to the workers.

Owere argues that the delay in appointing top managers is the root cause of reported chaos at the Fund

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