NSSF Probe Archives

NSSF Board Chairman, Dr. Peter Kimbowa (left) and Ag. Managing Director, Mr. Patrick Ayota address the media today

NSSF breaks silence on Parliamentary Probe Report⏤says conclusions were without context and sometimes inaccurate

The board and management of Uganda’s National Social Security Fund (NSSF) have spoken out for the first time, about the Parliament Select Committee report on the status of the National Social Security

March 13, 2023

News & Analysis·The Big Story

ON THE SPOT: Gender, Labour and Social Development Minister, Hon Betty Amongi Ongom is on the spot for abuse of office, bordering on corruption.

NSSF PROBE: Parliament wants Minister Amongi to resign, the board to be sacked, senior management probed further and NSSF taken back to Finance Ministry

The Parliamentary Select Committee on the state of affairs at Uganda’s National Social Security Fund (NSSF) has released its anxiously-awaited report, recommending that among others, the Minister of Gender, Labour and Social

March 2, 2023

The Big Story

Former NSSF Managing Director, Richard Byarugaba (left) and Patrick Ayota, the Ag. Managing Director appear before MPs probing the Fund.

NSSF PROBE: For every shilling we spent, we made 9 times more value for our members; management upholds its performance record

The management of the National Social Security Fund (NSSF) has defended its performance track record, insisting that they have delivered value for the members, even amidst claims of mismanagement and running a

February 13, 2023

Business & Markets·News & Analysis·The Big Story

Uganda's Finance Minister, Hon. Matia Kasaija

MATIA KASAIJA: Betty Amongi’s financial and investment requests to NSSF, were “irregular, outside the law and ill-advised”

Uganda’s Minister of Finance, Planning and Economic Development (MoFPED), Hon. Matia Kasaija, has today told the Parliamentary Committee investigating governance and administration issues in the Fund, that the acts by the Gender,

February 2, 2023

The Big Story

Patrick Ayota, the Ag. Managing Director, told Parliament that the Fund has grown consistently across all fundamentals. This, he attributed to sound governance and a sustainable investment strategy.

NSSF has grown 10-fold in 12 years: Management defends Fund performance and real estate investment strategy before Parliament Committee

The National Social Security Fund (NSSF) has defended its performance over the last 10 years before the Parliamentary Select Committee investigating the Fund. The committee is among others examining the circumstances surrounding

February 2, 2023

Business & Markets·Company News·The Big Story