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NSSF Unveils Its Mixed-use Affordable Temangalo Housing Project
The National Social Security Fund (NSSF) has unveiled its mixed-use affordable housing project located at Temangalo, in Wakiso district, 17Kms from Kampala city centre. When completed, it will comprise 3,500 houses of various types, retail and commercial spaces, community amenities including education, health and social facilities, a large neighbourhood green park, associated infrastructure including roads,…
NSSF To Unveil New Commercial Building In Mbarara
The National Social Security Fund (NSSF) is to unveil a modern complex in Mbarara City today, according to officials from the savings guru. The building that has changed Mbarara’s skyline is valued at Shs3.9 billion, with a total built-up area of approximately 1,500 m² and parking capacity of up to 40 vehicles, the Fund’s…
NSSF To Spend UGX 50 Billion Each Week For Mid-term Access
The National Social Security Fund (NSSF) will pay 50 Billion Shillings every week for the first five months to beneficiaries of the midterm access. This was revealed on Thursday by Betty Amongi, the Minister for Gender, Labor, and Social Development while announcing the guidelines, regulations, and processes of receiving their payments. According to Amongi, since…
NSSF Savers To Demonstrate Over Fund’s Refusal To Give Them COVID-19 Relief Money
Several Ugandans with savings in the National Social Security Fund (NSSF) have vowed to stage protests on Monday July 13th, 2020 across the country, to express their dejection with the Fund for denying them access to their savings during the this Coronavirus (COVID-19) lockdown. Under their umbrella group ‘NSSF Savers Forum Uganda, the savers have…
NSSF Saga: Whistleblowers Implore Museveni To Urgently Resolve Workers’ Funds Wrangles
A number of workers who save with NSSF have called upon the President of Uganda to personally and urgently re-pick interest in National Social Security Fund(NSSF) saga before a mafia drains the fund. Our spy and intelligence networks received a voice note from One of the Whistleblowers and insiders, we quote: I think it’s now…
NSSF Retains Shs 14bn UTL Former Employees’ Contribution
On Aug.08, Uganda’s Court of Appeal overturned the High Court decision directing the National Social Security Fund to refund Uganda Telecom Shs14bn contribution belonging to former employees. This verdict meant that the Fund is under no legal obligation to refund the employer portion of the contributions directly to UTL and the 10% social security contribution…
NSSF Reaps Early Rewards as Airtel Delivers Sweet Dividends
Uganda’s National Social Security Fund (NSSF) is celebrating a GH7.9 billion (US$2.1 million) windfall from Airtel’s interim dividend payout, just two months after the telecom giant’s stock market debut. This early return validates NSSF’s bold US$199 billion (US$52.6 million) investment in the IPO and strengthens its position as a major player in the Ugandan telecom…
NSSF Implores Govt To Take Care Of Health Insurance
The National Social Security Fund (NSSF) proposes that individuals in formal employment contribute an extra two per cent to close the gaps in the health sector as opposed to the proposed National Health Insurance scheme. The proposal is that collections be made where both the employee and employer contribute one per cent bringing the total…
NSSF Disburses UGX 78.8Bn In First Week Of Midterm Payments
The National Social Security Fund has paid out Ushs78.8 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 mid term benefit that started last week. Speaking to media at a press briefing today at Workers House, the NSSF Managing Director Richard…
NSSF Bill: President Museveni Writes To Speaker Oulanyah
President Yoweri Museveni has formally written to the Speaker of Parliament returning the National Social Security Fund Bill, 2019 with proposals for amendment. Oulanyah revealed the contents of Museveni’s letter dated 26th August, 2021 during the Tuesday plenary sitting saying that he had received the letter on the same day. “I received the National Social…