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April 22, 2026
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    National Social Security Fund

    Uganda Clays has returned to profit, but its recovery remains fragile. Thin margins, weak cash flows, and a UGX 23.6 billion NSSF loan, partly unsecured, highlight underlying risks. As repayments loom in 2028, the company’s ability to sustain growth and meet its obligations will be the true measure of its turnaround.

    Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure

    Muhereza KyamuteteraThe Big StoryApril 18, 2026

    Uganda Clays Limited has returned to profitability. On paper, that statement marks a turning point for one of Uganda’s oldest industrial manufacturers, a company that has struggled in recent years…

    MTN Uganda’s rally on the USE continues to create massive wealth for top local investors. NSSF’s stake has surged past Shs1.23 trillion, while chairman Charles Mbire’s 4% holding is now worth about Shs420 billion ($118M) as the share price climbed from Shs312 in November to Shs470.

    NSSF Stake in MTN Uganda Shoots to Shs1.23 Trillion in Less Than a Month

    CEO East Africa MagazineThe Big StoryMarch 4, 2026March 4, 2026

    MTN’s strong rally on the Uganda Securities Exchange (USE) continues to create significant wealth for its large local shareholders, with the telecom’s share price climbing steadily from Shs312 in November…

    Kenneth Owera, the newly appointed NSSF Chief Investment Officer, brings deep expertise in pension fund management and capital markets, thereby strengthening the long-term investment strategy and value creation for members.

    NSSF appoints Kenneth Owera chief investment officer

    CEO East Africa MagazineThe Big StoryJanuary 19, 2026January 19, 2026

    The National Social Security Fund (NSSF) has appointed Kenneth Owera as its substantive Chief Investment Officer (CIO). He will steward the Fund’s UGX28 trillion investment portfolio with the target of…

    Fresh court summons pull Geraldine Ssali back into the spotlight, as the former star technocrat confronts UGX3.8b Buyaka compensation fraud charges, testing her legacy and public trust once hailed nationwide.

    The Rise and Fall of Geraldine Ssali: What Went Wrong?

    CEO East Africa MagazineThe Big StoryNovember 26, 2025November 26, 2025

    The Anti-Corruption Court recently issued fresh criminal summons against embattled former Permanent Secretary Geraldine Ssali, directing her to appear and answer charges in the long-running UGX3.8 billion war compensation fraud…

    Balancing Numbers and People: Inside the Leadership Mind of NSSF’s Stevens Mwanje

    Kisakye ImaniBanking & Financial ServicesCEO PerspectivesThe Big StoryNovember 14, 2025November 15, 2025

    To understand Stevens Mwanje is to understand the balance between numbers and humanity. A finance professional of 30 years, Mwanje has built a career defined by quiet discipline, strategic clarity,…

    A photo collage of Goodra Tumusiime Behakanira and NSSF Managing Director Patrick Ayota. NSSF is seeking to recover money for the space occupied at a section of the former J&M Airport Road Hotel.

    NSSF Seeks Recovery of UGX708 Million in Unpaid Rent from Former Avemar Shopping Mall Owner

    CEO East Africa MagazineThe Big StorySeptember 13, 2025September 16, 2025

    The National Social Security Fund (NSSF) is seeking to recover more than UGX708 million in unpaid rent arrears due to Goodra Tumusiime Behakanira. Goodra, a Kampala businesswoman, is the widow…

    The rise in the number of elderly Ugandans has been due to a rising life expectance, which according to the 2024 Population and Housing Census, rose to 68.5 years from 63.7 years in 2014.

    Silver Lining: Why Eldercare Could Be Uganda’s Next Big Growth Frontier

    CEO East Africa MagazineThe Big StorySeptember 8, 2025September 8, 2025

    Uganda is traditionally viewed as one of the world’s youngest nations, with nearly half the population under 18. Yet behind this youthful imagery lies a silent demographic shift: the number…

    NSSF Projects UGX 3 Trillion in Income, UGX 25 Trillion in Assets at Close of Financial Year

    Paul MurungiBanking & Financial ServicesThe Big StoryJune 20, 2025June 20, 2025

    The National Social Security Fund (NSSF) is projecting robust performance at the close of the Financial Year 2024/25, with income expected to reach UGX 3 trillion and assets under management…

    (Left to Right) MTN Uganda Chairman Charles Mbire, MTN Uganda chief executive officer Sylvia Mulinge, and MTN Mobile Money managing director Richard Yego, will, on July 2, be part of an extraordinary meeting where shareholders will vote on the proposed spin-off of MoMo, the Fintech unit from the telco, MTN Uganda.

    Spinning off value? MoMo’s exit tests MTNU’s shareholder promise

    CEO East Africa MagazineBanking & Financial ServicesGlobal NewsNews & AnalysisTechnology & InnovationThe Big StoryJune 17, 2025June 17, 2025

    Uganda’s biggest Fintech, MTN Mobile Money (MoMo), is moving out of the family home. Long treated as just another product line within the telecom’s machinery, MoMo is being carved out…

    Uganda: Shs1.2 trillion approved to facilitate merged agencies

    Brian EmorutCompany NewsNews & AnalysisPolitics & GovermentFebruary 10, 2025February 10, 2025
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