By Monitor Team The Minister of Finance, Matia Kasaija Tuesday declared a 10 percent interest rate for National Social Security (NSSF) members for the 2022/2023 financial year, arguing that this is consistent with the Fund’s commitment made in 2013 to pay savers a real annual return, that is, at least […]
The Minister of Finance, Mr. Matia Kasaija is today expected to announce the interest for the National Social Security Fund (NSSF) on the members’ savings for the year 2023. The announcement will be made during the Fund’s 11th Annual Members’ Hybrid meeting which will be held at the Kampala Serena […]
The National Social Security Fund (NSSF) has announced a revenue increase of 15% from Shs1.9 trillion to Shs2.2 trillion for the Financial Year 2022/2023. While releasing the Fund’s performance report for the year 2023, the NSSF Managing Director, Mr. Patrick Ayota attributed the growth to increased earnings in interest income […]
The Minister of Gender, Labour and Social Development Ms. Betty Amongi has disclosed that her ministry is working on a Bill that will give leeway to whoever clocks 45 years access their savings under the mid-term access regardless of having saved for 10 years. Currently, savers who qualify for mid-term […]
The Minister of Gender, Labour and Social Development Betty Amongi has been dragged to court by former National Social Security Fund (NSSF) managing director Mr. Richard Byarugaba. According to a suit before Kampala High Court, Byarugaba is accusing Amongi of failing to endorse his re-appointment for a third term of […]
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