Despite significant market turbulence home and away, Uganda’s National Social Security Fund’s (NSSF) revenue increased by 15% from UGX1.9 trillion to UGX2.2 trillion for the Financial Year ended June 30, 2023, Managing Director Patrick Ayota has announced. Addressing the media at the NSSF Annual Media Roundtable, Ayota attributed the growth to increased earnings from interest income from UGX1.79 trillion to UGX2 trillion and dividend income which grew from UGX84 billion to UGX139 trillion. Income from the Fund’s real estate projects also slightly increased from UGX13.4 billion to UGX14 billion. “Other income” also increased to UGX16 billion. “Overall, the investment environment…
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