Patrick Ayota Archives

Q&A: Absa Bank’s David Wandera’s take on the financial markets in 2023 and 2024 and the 6th of February release of Absa’s #AFMIndex2023

Ahead of the event, David Wandera FCCA, the Absa Executive Director & Head of Financial Markets discusses the financial markets landscape in 2023 and why it is important for financial markets actors,

February 3, 2024

The Big Story

#AFMIndex2024 speakers, left-right; clockwise: Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST); Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor; Prof. Samuel Sejjaaka, Partner at Sejjaaka, Kaawaase & Company; Jeff Gable, the Head of Macro and Fixed Income Research and Chief Economist at Absa Group; Alan N. Lwetabe, (CFA, CAIA, CIPM), Director Investments, Deposit Protection Fund of Uganda; Dickson Ssembuya, the Ag. CEO and Director, Research & Market Development at Uganda's Capital Markets Authority; Dr. Sarah Ssewanyana, the Executive Director of the Economic Policy Research Centre and Patrick Ayota, the Managing Director of the National Social Security Fund (NSSF).

PSST Ggoobi and BoU’s Dr. Atingi-Ego to headline Absa’s #AFMIndex2023 and Economic Outlook Forum

Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury (PSST) and Dr. Michael Atingi-Ego, the Bank of Uganda Deputy Governor are headlining this year’s Africa Financial Markets Index (AFMI) Report Presentation

February 3, 2024

Company News·News & Analysis·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

LEFT-RIGHT: Kenneth Oduka, Vision Group Marketing Manager Broadcast & Media, Irene Nakasiita- Director Communications Uganda Red Cross Society, Medard Mwesigwa- Housing Finance Bank Chief Finance Officer, Patrick Ayota- NSSF Ag Managing Director, Joe Kigozi – Deputy CEO Next Media Group, Peter Kaujju- Umeme Head of Marketing & Communications, Peter Mugarura Prudential Uganda Digital Marketing Manager and Barbra Arimi, NSSF Head of Marketing & Corporate Affairs at the launch of the NSSF Kampala Hills Run at Workers House.

NSSF targets to raise UGX1 bn for charity in 2023 edition of NSSF Kampala Hills Run slated for July 2, 2023

The National Social Security Fund (NSSF) on Monday, May 15th announced the 2023 edition of its NSSF Kampala Hills Run, its flagship charity run aimed at mobilising funds to improve learning conditions

May 16, 2023

Business & Markets·Company News

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

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

Patrick Ayota- Page 3