NSSF Performance 2019/20

NSSF Managing Director Patrick Byarugaba (left) and Deputy Managing Director Patrick Ayota address the media last year. The Fund's management has warned that due to Covid-19 related economic stress, last year's double digit interest rates may not be sustained.

COVID-19 hurts NSSF earnings; management warns, last year’s double-digit interest rates may not be sustained

Despite a 17 percent growth in revenues, the National Social Security Fund (NSSF) has warned, it is unlikely to pay members a double-digit interest rate due to the impact on the COVID-19
September 24, 2020

 

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