NSSF Uganda Archives – Page 2 of 5

STANDING TALL: NSSF's Workers House headquarters.

NSSF hits its 10-year UGX20 trillion assets target, one and a half years ahead of schedule

The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit UGX 20 trillion in Assets Under Management (AUM), one and a half years ahead of schedule. The Fund had until

March 5, 2024

News & Analysis·Politics & Goverment·The Big Story

Q&A: Increasing Uganda’s willingness and ability to save⏤ NSSF’s Ayota explains the building blocks of his game-changing UGX50 trillion; Vision 2035

The just-announced FY2022/23 was quite surprising for many a stakeholder. Given what happened in the financial markets, here and globally but more importantly, the ‘negative noise’ that dominated much of the second

October 12, 2023

CEO Of The Week·CEO Perspectives·Company News·The Big Story

Patrick Ayota believes that the Fund's resilience against such major disruptions as a global pandemic that rocked and locked much of the global and the Ugandan economy for 2 years as well as an unprecedented mid-term benefits payout amongst other challenges, is a good head start for the Fund's new UGX50 trillion by 2035 ambition.

NSSF FY 2022/23 earnings increase by 15% to reach UGX2.2 trillion

Despite significant market turbulence home and away, Uganda’s National Social Security Fund’s (NSSF) revenue increased by 15% from UGX1.9 trillion to UGX2.2 trillion for the Financial Year ended June 30, 2023, Managing

September 20, 2023

Company News·Politics & Goverment·The Big Story

Gerald Kasaato, NSSF's Ag. Deputy Managing Director

Who is Gerald Kasaato, NSSF’s new Deputy Managing Director?

The NSSF Board has recommended to the Minister of Gender, Labour, and Social Development, Hon Betty Amongi, who has accepted to appoint Gerald Kasaato as the Deputy Managing Director of the National

September 4, 2023

Executive Profiles·The Big Story

The Inspector General of Government, Beti Kamya (left), Minister of Gender, Labour and Social Development, (MGSLD), Hon Betty Amongi Ongom (centre) and former NSSF Managing Director, Richard Byarugaba (right).

IGG Report on NSSF: Richard Byarugaba Speaks Out

Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF) has spoken out about the just-released report by the Inspectorate of Government, saying he welcomed the report as it

June 30, 2023

Politics & Goverment·The Big Story

Sylvia Mulinge, CEO MTN Uganda hands over a dummy check worth UGX31.5bn as dividend payment to Patrick Ayota, NSSF Ag. Managing Director

NSSF bags a record UGX 31.5 bn in dividends from MTN Uganda

The National Social Security Fund (NSSF) has earned a total of UGX 31.5 billion as dividends for the year ended December 31, 2022, from its investment in MTN Uganda. NSSF Uganda, East

May 29, 2023

Business & Markets·The Big Story

Left-Right: Moses Kiboneeka aka Uncle Mo, an Automotive Engineer and Social Commentator; Patrick Ayota- NSSF Ag. Managing Director; Vincent Tumwijukye, Co-founder & CEO Future Link Technologies; Sarah Kagingo, CEO Soft Power Communications and Helen Nangonzi Basuuta, Marketing and Customer Experience Director Absa at the launch of this year’s edition of the NSSF Career Expo, at Makerere University Business School.

5,000 university students to benefit from NSSF’s career development drive

This year’s NSSF Annual Career Expo is expected to benefit over 5,000 students in seven universities countrywide, with a focus on empowering them with skills to succeed in the emerging gig economy.

April 19, 2023

Company News·News & Analysis

Hon Betty Amongi, Minister of Gender, Labour & Social Development and Patrick Ayota, NSSF Ag. MD (in white coats) tour Fine Spinners factory during the registration of the factory workers for social security contributions.

NSSF extends mandatory employer registration deadline to June 30, 2023 as over 1400 new employers register in March

The National Social Security Fund (NSSF) has today announced an extension of the mandatory registration for employers to June 30, 2023, following requests from small and medium enterprises. Non-compliant employers will thereafter

April 19, 2023

Company News·News & Analysis·The Big Story

L-R : Geoffrey Sajjabi- NSSF Chief Commercial Officer, Okwalinga Moses- CEO Uganda Law Society, Barbra Arimi- NSSF Head of Marketing & Corporate Affairs, Patrick Ayota, NSSF Ag. MD, Cecilia Kengoro from PSFU and John Walugembe, Executive Director of Federation for Uganda Small & Medium Businesses at the launch of the “Now You Can” mass registration drive.

EVERY EMPLOYER MUST REGISTER AND PAY: NSSF moves to enforce revised NSSF Act, gives employers a 30-day ultimatum

All employers in Uganda, irrespective of the number of workers employed, have only 30 days to register with the National Social Security Fund (NSSF) and remit social security contributions for their employees,

March 28, 2023

Business & Markets·Company News·Politics & Goverment

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

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