COVID-19: NSSF extends 3-months amnesty as 33% of employers fail to remit February contributions Hardly two weeks after Covid-19 made a landfall in Uganda and all hell is breaking loose. Confirmed cases have reached 44, exports have nearly ground to a halt and the tourism sector is operating at below 5% and now- 33% of employers cannot afford to remit their NSSF contributions. How worse is it going to get before it stops?

The National Social Security Fund has today 31st March 2020, announced measures to allow businesses/employers facing economic distress to reschedule their NSSF contributions for the next three months without accumulating a penalty. This follows a failure by 33% of employers to remit their February 2020 contributions- which should have been filed by 15th March 2020. “The decision is informed by the fact that some employers are grappling with inadequate cash flows, stemming from limited consumer demand and disruptions in supply value chains. The Fund’s internal analysis indicates that the number of contributing employers in the mentioned sectors has declined by…