Richard Byarugaba Archives

NSSF Managing Director Richard Byarugaba (L), Deputy Bank of Uganda Governor Dr Michael Ating-Ego (2nd L), Visa Senior Director for Sub-Saharan Africa Thembeka Ngugi (4thL), Centenary Bank Executive Director Joseph Balikuddembe (2nd R) and NSSF Deputy Managing Director Patrick Ayota (R) during the launch of the the first Social Security Smart Card in the region

TRAILBLAZER: NSSF, VISA, Centenary Bank partner to launch first social security Smart Card in East Africa

The National Social Security Fund (NSSF) in partnership with Visa and Centenary Bank has today unveiled a three-in-one social security smart card which embeds NSSF functionality, bank functionality and a loyalty program,

June 16, 2022

The Big Story

NSSF top management, (left-right): Milton Owor, Head of Human Resources And Administration; Edward Senyonjo, Head Of Risk; Fredrick Mayanja, Acting Head Of Operations; Stevens Mwanje, Chief Financial Officer; Geoffrey Barigye, Head Of Internal Audit; Arimi Barbra Teddy, Head Of Marketing & Communications; Richard Byarugaba, Managing Director; Agnes Tibayeita Isharaza, Corporation Secretary; Geoffrey Waiswa Sajjabi, Head Of Business; Gerald Mugabi, Head Of Procurement; Gerald Paul Kasaato, Chief Investment Officer and Patrick Ayota, Deputy Managing Director.

A TEAM: Meet the 11 men and women working with Richard Byarugaba to transform NSSF

The 37-year-old Fund is the largest pension fund in the countries of the East African Community, with assets under management, worth over UGX 15.6 trillion as at the end of 2020/21. In

June 8, 2022

Company News·Lists & Rankings·News & Analysis

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

NSSF’S RICHARD BYARUGABA: The UGX16 Trillion Man

Annet Nakamya, a businesswoman with Psalms 1 Enterprises, a company dealing in printing works, was in May 2021 diagnosed with deadly levels of Covid-19. Her oxygen levels had sunk to 65% and

June 8, 2022

Business & Markets·The Big Story

National Social Security Fund managing director Richard Byarugaba speaking to the media via video conferencing today

NSSF Pays Out UGX78.8 Billion Midterm Cash, UGX28.8 Billion Above Weekly Target

The National Social Security Fund has paid out UGX78.8 billion to 4,417 eligible members to date, UGX 28.8 billion above its weekly target of UGX 50 billion, following mass application of the

March 23, 2022

The Big Story

NSSF Managing Director, Richard Byarugaba (right) has hailed MTN, led by Wim Vanhellepute (left) for resilience and efficiency.

Great execution, under tough times― MTN Uganda’s major shareholder, NSSF and other financial analysts weigh in on 2021 results

Uganda’s National Social Security Fund (NSSF), MTN Uganda’s second-largest shareholder has welcomed the just-released 2021 MTN Uganda results as impressive and said that the declared dividend is timely. In an online interview

March 8, 2022

Company News·The Big Story

NSSF MD Richard Byarugaba makes a presentation during the Media Dialogue on Monday 7th March 2022

NSSF Mid Term Payments to Begin on March 17th

In accordance with the National Social Security Act (2022), the National Social Security Fund will be commencing payments to eligible members for the Mid-term access in respect to Section 20A (1), (2),

March 7, 2022

The Big Story

President Museveni signing documents. Courtesy photo

Museveni signs NSSF Bill into Law, Members now have 20% mid term access

President Yoweri Kaguta Museveni has today signed into law the National Social Security Fund – NSSF (Amendment) Bill, 2021. This was revealed by Senior Press Secretary Lindah Nabusayi in a statement. In

January 4, 2022

The Big Story

Saving at 50 years & beyond with the NSSF Voluntary savings plan: the story of Cavendish University’s Prof Alex Thomas Ijjo

Upon qualification for his Age Benefit, that’s given to members who turn 55 years, Prof Alex Thomas Ijjo, an associate professor of Economics at Cavendish University, chose to continue saving with the

December 9, 2021

Banking & Financial Services·Company News·News & Analysis·The Big Story

NSSF’s sheer size and scale coupled with good governance and guarantees by the state has seen the fund deliver consistent returns and security to members, which makes it a suitable saving alternative for savers above 50 years, especially those without experience in investing elsewhere.

NSSF announces 12 .15% Interest Rate for FY 2020/21

The National Social Security Fund (NSSF) has today declared an interest rate of 12.15% for the financial year 2020/2021. This was announced by the Minister of Finance, Planning and Economic Development, Matia

September 29, 2021

The Big Story

Richard Byarugaba, NSSF Uganda Managing Director

NSSF earns UGX 1.8 Trillion in income, assets hit UGX 15.5 Trillion

The National Social Security Fund (NSSF) comprehensive income for the 2020/21 Financial Year increased by 25% from UGX 1.472 Trillion to UGX 1.84 Trillion, despite the effects of the COVID-19 pandemic, Managing Director Richard Byarugaba has announced . Addressing the media at

September 23, 2021

The Big Story

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