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EDITORIAL: Enough of NSSF fearmongering over Covid-19 payout and time for more practical alternatives For weeks now, NSSF has actively opposed a proposal by some of its members and sections of MPs and opinion leaders, of a possible 20% partial payout to mitigate the expected harsh effects of Covid-19 on especially the individual micro-economies of the Fund’s members. In the latest defence, Richard Byarugaba in a letter to the Finance Minister goes all-out against the proposal as if it were the end of the Fund, without offering any possible alternatives and or middle ground, an act that CEO East Africa Magazine considers skewed, regardless of the facts in there, albeit exaggerated as well.

by theceoma
The NSSF’s digitization agenda was a core focus in the Fund’s 10-year strategic plan ushered in by Richard Byarugaba in 2015, which sought to transform NSSF into a “social security provider of choice” and a “relevant partner through continuous innovation in social security.” The plan, among others, targeted to automate at least 75% of the Fund’s business processes automated by 2019/20 and 80% by 2024/25, up from 55% in 2014/15. PHOTO/Courtesy.

Fearmongering or scaremongering is the deliberate act of spreading frightening and exaggerated information with an intention of arousing public fear or alarm about a particular issue.Those who engage in fearmongering,…

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