National Social Security Fund (NSSF) has won the Startup Champion award in the Public Sector for their Hi-Innovator program, an innovations initiative, at the Startup Uganda 2021 awards held on…
The National Social Security Fund (NSSF) comprehensive income for the 2020/21 Financial Year increased by 25% from UGX 1.472 Trillion to UGX 1.84 Trillion, despite the effects of the COVID-19 pandemic, Managing Director Richard Byarugaba has announced . Addressing the…
Dr Peter Kimbowa (PK) has been appointed the new Board Chairman of the National Social Security Fund (NSSF) effective September 1, 2021. But who is he? Dr Peter Kimbowa, popularly…
Makerere University has been taken to court for alleged breach of trust deed in regard to remitting employees’ monthly contributions to the National Social Security Fund (NSSF) instead of sending…
Preliminary reports from Parliament, indicate that MPs on the Gender, Labour and Social Development and the Finance, Planning and Economic Development committees have agreed to a revision in the current…
Dear Esteemed Member, The global outbreak of COVID-19 has disrupted all economies around the world. The rapid spread of the virus has posed massive health, economic and social challenges to…
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…
Blood donors all over Uganda, collected 1,318 units of blood on the first day of the 5-Day NSSF Blood Drive- roughly 13% of the total target over the 5-day campaign….
For argument’s sake one can always dismiss Richard Byarugaba’s performance at National Social Security Fund (NSSF)- afterall the employers have no choice but to contribute; it is a statutory obligation. But that statutory obligation had always existed since 1985 when the Fund was founded by an Act of Parliament, but the kind of double digit growth present at the Fund was not always there. Neither has NSSF ever enjoyed the kind of scandal-free calm and stability, like has been witnessed especially in the last 5 years.
For every organisation/company, there are 2 sources of revenue/income. There is the mainstream revenue/income that comes from that particular company’s main business such as gross turnover for Fast Moving Consumer…