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…
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 case. The summons, captured in the latest court communication and referenced in ongoing proceedings, underscores that the legal storm surrounding Ssali is far from over. The new directive comes at a time when her co-accused, including Busiki County MP Paul Akamba, have already appeared to face charges, while Ssali herself has missed earlier sessions on account of procedural delays. The court’s insistence that she now appears in person reflects a…
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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, and a deep respect for people. Since joining NSSF in 2010 and later becoming CFO in 2017, he has emerged as one of the institution’s most influential leaders, shaping culture, strengthening systems, and mentoring future executives. In this interview with CEO East Africa Magazine, he opens up about his personal journey, the lessons that shaped him, and how he keeps teams performing at their best. How do you keep up…
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In today’s rapidly evolving workplace, organisations are discovering that people, culture, and strategy must move in harmony to achieve sustainable success. Abdul Makubuya, a senior manager of organisational development at NSSF, shares candid reflections on what truly motivates employees, how culture drives retention, and the future of leadership in an era that demands openness, innovation, and collaboration. What is the difference between organisational development and human resources? If I were to put it simply, in a hotel setup, HR are the people serving what the chef has prepared, while we in organisational development we work behind the scenes, conceptualising and…
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The stock market continues to deliver standout opportunities for investors. Five locally listed companies posted exceptional returns that outpaced both government bonds and the National Social Security Fund (NSSF). The latest edition of the Black Diamonds Update by Crested Capital highlights counters that achieved total shareholder returns above 25% between January and September 2025. Bank of Baroda and QCIL lead the pack At the top of the list is Bank of Baroda (BOBU), which recorded a staggering 97.75% total shareholder return. This was driven by a sharp rise in its share price from UGX 22.25 at the start of the…
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From abandoned clients to drained colleagues and soaring recruitment bills, the cost of talent loss runs deeper than most CEOs admit. In Uganda’s tight talent market, HR experts unpack why staff walk, where churn bites hardest, and what leaders must do to stem the silent bleed. Employee turnover isn’t just an empty desk—it’s cash out the door, strategy on pause, and momentum lost. Every resignation triggers recruitment and training costs, slows delivery, and drains institutional knowledge. The heaviest blow is often silent: clients feeling abandoned and colleagues carrying extra weight. Many CEOs obsess over revenue and expansion, yet rarely measure…
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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 of the late Joseph Behakanira and the former owner of Avemar Shopping Mall and J&M Airport Road Hotel. According to court documents filed through the Commercial Division of the High Court, the arrears stem from a breach of a tenancy agreement signed between NSSF and Goodra in September 2019, and later amended in February 2020. The agreement allowed Goodra to lease space for a supermarket, basement stores, a conference hall,…
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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…
Coaching is no longer a luxury. It has become a strategic enabler in boardrooms and team meetings, helping uncover layers of conversation that traditional management or leadership often missed. Every employee deserves the chance to bring their best to the table. Yet, in many workplaces, coaching remains the preserve of C-suite executives and board members—largely because of the high investment required. Gloria Kamukama, Project Coordinator at Girls for Girls (G4G), once believed coaching was reserved for executives or those in crisis. Today, she appreciates its value in shaping leaders. “You lead in different spaces and with people of diverse personalities….
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Kenya is on the cusp of one of the most significant equity transactions in East Africa in nearly two decades. The Kenyan government plans to sell its 65% controlling stake…
