OPINION: My own layman’s understanding of NSSF’s 2018/19 results and why I still have faith in my NSSF

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NSSF Managing Director Patrick Byarugaba (left) and Deputy Managing Director Patrick Ayota address the media last year. The Fund's management has warned that due to Covid-19 related economic stress, last year's double digit interest rates may not be sustained.

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For every organisation/company, there are 2 sources of revenue/income. There is the mainstream revenue/income that comes from that particular company’s main business such as gross turnover for Fast Moving Consumer Goods Companies (FMCG). The second type of revenue/income is classified as other income. Other income is that income that does not come from a company's main operati

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