Richard Byarugaba Archives

NSSF Mananging Director Richard Byarugaba. He is the new African region representative to the International Social Security Association (ISSA) Bureau

NSSF’s Richard Byarugaba elected Africa Representative on Global Social Security Body

The National Social Security Fund (NSSF) Managing Director Richard Byarugaba has been elected the African region representative to the International Social Security Association (ISSA) Bureau. The election was confirmed at the 34th

November 4, 2022

News & Analysis

Clockwise: Infectious Diseases Institute's Susan Lamunu Shereni, Wazalendo's Julius Katanaka, Hima Cement's Moses Aman, Bank of Uganda's Richard Byarugaba and I&M Bank Uganda's Andrew Ssekamwa

WHO IS WHO: Meet the Winners of 2022 Chief Finance Officers Awards

The Association of Chartered Certified Accountants – ACCA in partnership with Deloitte Uganda have announced the winners of seven categories of Chief Finance Officers Awards. The 6th edition of CFO awards was

October 28, 2022

News & Analysis

In furtherance of the Fund’s digitization strategy which is geared at leveraging new technology to improve efficiencies, continuously enhance customer experience and ultimately make savings a way of life for Ugandans, the Fund in June 2022 launched the NSSF Smart Card. The NSSF Smart Card is a three-in-one membership card that embeds NSSF functionality, bank functionality and a loyalty program. The Fund partnered with a well-established global payment technology/card company – VISA and Centenary Bank, Uganda’s second-largest bank.

How Uganda’s NSSF embraced technology and digitisation to create a UGX17.3 trillion pensions Fund

Uganda’s National Social Security Fund (NSSF) is not only the largest pensions Fund in East Africa, but it is also one of the best-run government parastatals in Uganda and probably one of

September 26, 2022

News & Analysis·The Big Story

The current construction progress is at 25% and phase one is scheduled to be completed in June 2024

NSSF unveils 3,500 unit Temangalo affordable housing project

The National Social Security Fund (NSSF) has unveiled its mixed-use affordable housing project located at Temangalo, 17Kms from Kampala City Centre. When completed, it will comprise 3,500 houses of various types, retail

September 21, 2022

The Big Story

NSSF's Solana Lifestyle and Residences that is on sale. The Fund has defended its real estate investment strategy saying value from real estate is two-pronged i.e rental income and capital gains.

Museveni commissions NSSF’s Lubowa Housing Project, applauds the Fund on real estate investment

President Yoweri Museveni on Thursday commissioned the Solana Lifestyle and Residences, National Social Security Fund – NSSF’s Lubowa Housing Project. The President applauded the National Social Security Fund (NSSF) for its contribution

September 9, 2022

The Big Story

L-R: Chairman Board of the Exchange Mr. Richard Byarugaba, Paul Bwiso, CEO Uganda Securities Exchange and Dan Tumuramye, the Country Director – Chipper Cash during the Admission Ceremony of Chipper Technologies Uganda Limited as a trading participant on Uganda Security Exchange & a Securities Central Depository Agent.

Uganda Securities Exchange admits Chipper Technologies Uganda as new stockbroker

Uganda Securities Exchange (USE) Uganda’s principal stock Exchange, has on Monday announced the admission of Chipper Technologies Uganda Limited as a new Trading Participant/stockbroker on its market and as a USE Securities

August 30, 2022

Company News·News & Analysis

Panel discussion (Left to Right) Ernest Rubondo - ED Petroleum Authority of Uganda, Joseline Kateeba- CEO Crestfoam, Keith Kalyegira- CEO Capital Markets Authority Uganda, Richard Byarugaba - NSSF MD speaks at the convention as MP Joel Senyonyi - COSASE Chairperson and others listen in.

Board members must adopt digital tools to enhance governance – Kamulegeya advises business executives at LEAD convention

“Board members must shift their approaches; they must adopt digital tools to enhance governance.” These were remarks made by Francis Kamulegeya during a high profile convention was organized by the League of

July 27, 2022

News & Analysis

Shareholders will be looking out for better returns as MTN goes into its second year of being listed on the exchange.

NSSF earns UGX9.3b as MTN Uganda pays out UGX105b first dividend since listing on USE

Following approval of the declaration of dividends by its shareholders at the Annual General Meeting held on the 27th day of May 2022, MTN Uganda has paid out a total dividend of

June 29, 2022

News & Analysis

Richard Byarugaba, NSSF Managing Director. He advised local suppliers to develop long term business strategies that go beyond just participating in a tender, skilling workforce especially in emerging technologies and management of complex projects and establishing partnerships

NSSF supports local firms to increase their competitiveness

The National Social Security Fund (NSSF) has put in place initiatives to support local firms’ capacity, growth and competitiveness for better business opportunities. The initiatives that are already in practice include, the

June 28, 2022

News & Analysis

In the last 12 years, 11 of which have been under Richard Byarugaba, NSSF’s assets under management have grown 9 times (814%), from UGX1.7 trillion in 2009/10 to UGX15.6 trillion.

NUMBERS DON’T LIE: 10 graphs that tell 11 years of Richard Byarugaba at NSSF

Many of them failed to complete their terms, largely to poor management and subsequently poor performance. Others are serving prison terms due to integrity issues. It was not until 2010, and the

June 20, 2022

Business & Markets·Lists & Rankings·The Big Story

Richard Byarugaba- Page 2