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NSSF declares 11.5% interest payment to savers

Moses Ndhaye | September 26, 2024

The Minister of Finance, Planning, and Economic Development, Mr. Matia Kasaija, has announced an 11.5% interest rate for savers for the 2023/24 financial year. The minister made the announcement during the 12th Annual Members’ Meeting on Thursday at the Serena Hotel in Kampala. He stated that two trillion shillings would […]


Business

Finance minister to declare NSSF interest rate

Moses Ndhaye | September 26, 2024

Finance Minister, Matia Kasaija is set to declare the National Social Security Fund (NSSF) interest rate for the Financial Year 2023/2024. The announcement is expected to be made on Thursday during the NSSF Annual Members’ Meeting that will be held at the Kampala Serena Hotel to among other things; review […]


News

NSSF revenue hits record Shs2.5 trillion

Moses Ndhaye | September 18, 2024

The National Social Security Fund (NSSF) has announced that its earnings have increased by 15% from Shs2.2 trillion to Shs2.53 trillion for the Financial Year that ended June 30, 2024.  Addressing the media at the NSSF Annual Media Roundtable on Tuesday, NSSF Managing Director Patrick Ayota attributed the growth to […]


Business

Minister Amongi appoints new NSSF Board

Moses Ndhaye | September 10, 2024

The Minister of Gender, Labour, and Social Development, Ms Betty Amongi has appointed a new Board of Directors for the National Social Security Fund (NSSF) for a 3-year term. Dr. David Ogong has been appointed Chairperson of the Board, replacing Dr Peter Kimbowa whose 3-year tenure elapsed on September 1, […]


News

Students tipped on better job market practices

Juliet Nalwooga | April 3, 2024

Youth have been urged to keep equipping themselves with several skills if they are to create the future they desire. Speaking at the launch of the 2024 National Social Security Fund/Daily Monitor Career Expo held at Makerere University Business School (MUBS) in Kampala, the Managing Director, Nation Media Group – […]



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