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Two key words have taken the corporate world by storm; Sustainability and ESG (Environment Social Governance). Many organizations globally are working towards attaining sustainability certifications by implementing environmentally friendly practices as well as ensuring they have airtight corporate governance structures by engaging in, sponsoring and supporting activities and initiatives that positively impact the societies and communities they are in. While the Environment and Governance pillars have taken center-stage, the Social pillar has been marginalized. It entails human rights, ethical labour standards, equity, diversity, philanthropy and most importantly gender equality. In the past, businesses focused on the provision of goods and…
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In this immersive article, the CEO Magazine tracks NSSF financial performance over the last 10 years using a graphical presentation of the Fund’s data. Finance Minister Matia Kasaija took to the podium yesterday at Serena Hotel, Kampala to announce the final interest rate of 11.5 percent that NSSF savers will earn for the Financial Year 2023/24. Kasaija’s docket as Minister of Finance oversees financial, and investment aspects related to the Fund. Kasaija in his remarks noted that the fund was financially stable with the right investment in assets and sectors, while also preserving the growing value of members’ savings. Finance…
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