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    NSSF 2024/25 performance

    NSSF’s 2024/25 Annual Performance at a glance — Assets Under Management rose 17.5% to UGX 26 trillion, total revenue grew 11% to UGX 3.52 trillion, and the Fund achieved record efficiency with a cost-to-income ratio of 7.9% and cost of administration at 0.88%. Member contributions reached UGX 2.13 trillion, benefits paid increased to UGX 1.32 trillion, voluntary Smartlife Flexi savings hit UGX 27 billion, and customer satisfaction stood at 88%.

    NSSF 2024/25 PERFORMANCE: Ayota Doubles Down on Trust, Sustains Two Years of Rapid Growth

    Muhereza KyamuteteraThe Big StorySeptember 11, 2025September 11, 2025

    When Patrick Michael Ayota was appointed Acting Managing Director of the National Social Security Fund (NSSF) in December 2022, he stepped into an institution in the midst of a politically…

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    Latest Stories

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    • Finance Trust Bank Managing Director Annet Mulindwa Nakawunde, Opportunity Bank Chief Executive Officer Owen Amanya, ABC Capital Chief Executive Officer Jesse Timbwa and Guaranty Trust Bank Managing Director Ali Fatima. The four executives have steered their institutions through the difficult transition from Tier I commercial banks to Tier II credit institutions amid Uganda’s tighter capital regime.
      A Leaner, Stronger Sector, But at a Price: The UGX150b Rule Behind Uganda’s Four Bank Downgrades and an Exit
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    Thought Leadership
    • Business & Markets
      • The Big Story
      • Company News
      • Banking & Financial Services
      • News & Analysis
      • Technology & Innovation
      • Energy, Oil & Gas
      • East Africa
      • Investigations & Special Reports
      • Economy & Policy
      • Markets & Money
      • Global News
      • Hospitality & Tourism
      • Real Estate & Construction
      • Legal & Justice
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      • News In Pictures
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      • Regulation & Compliance
      • Sponsored Content
      • Agriculture & Agro-industry
    • Leadership & Governance
      • CEO Perspectives
      • Executive Profiles
      • Women In Leadership
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      • Transitions & Succession
      • C-Suite Leadership
      • Boards & Governance
      • Thought Leadership
      • Ugandans Excelling Abroad
    • Lists & Rankings
      • 100 Leading & Admired CEOs
      • 100 Most Trusted & Respected Companies
      • 100 Women Fixing Uganda
      • Billionaires
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      • 50 Leading CHROs
      • CEO Of The Week
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