NSSF Uganda

NSSF PROBE: Parliament wants Minister Amongi to resign, the board to be sacked, senior management probed further and NSSF taken back to Finance Ministry

by Muhereza KyamuteteraThe Big StoryMarch 2, 2023March 2, 2023

The Parliamentary Select Committee on the state of affairs at Uganda’s National Social Security Fund (NSSF) has released its anxiously-awaited report, recommending that among others, the Minister of Gender, Labour…

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1 ON 1 WITH NSSF’S PATRICK AYOTA: We have made the best decisions for NSSF, but we are human too. Sometimes we get it wrong, but we learn from our mistakes

by Muhereza KyamuteteraQ + AsThe Big StoryFebruary 24, 2023February 24, 2023

Amidst all that’s been happening and all we have heard,  people out there want clarity. I know that the first thing you do in the morning is to check the…

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MATIA KASAIJA: Betty Amongi’s financial and investment requests to NSSF, were “irregular, outside the law and ill-advised”

by CEO ReporterThe Big StoryFebruary 2, 2023February 2, 2023

Uganda’s Minister of Finance, Planning and Economic Development (MoFPED), Hon. Matia Kasaija, has today told the Parliamentary Committee investigating governance and administration issues in the Fund, that the acts by…

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NSSF has grown 10-fold in 12 years: Management defends Fund performance and real estate investment strategy before Parliament Committee

by Muhereza KyamuteteraCompany NewsIndustry & AnalysisThe Big StoryFebruary 2, 2023February 2, 2023

The National Social Security Fund (NSSF) has defended its performance over the last 10 years before the Parliamentary Select Committee investigating the Fund.The committee is among others examining the circumstances…

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Minister Betty Amongi and Prime Minister Nabbanja reach a consensus on the re-appointment of Richard Byarugaba as NSSF Managing Director

by Muhereza KyamuteteraThe Big StoryDecember 13, 2022December 13, 2022

The re-appointment of Richard Byarugaba as Managing Director of Uganda’s National Social Security Fund (NSSF), the UGX17.3 trillion pensions Fund, appears close as Hon Betty Amongi, the Gender, Labour and…

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What exactly is Gender Minister, Betty Amongi’s problem with NSSF’s Richard Byarugaba?

by The CEO Magazine TeamIndustry & AnalysisNews & AnalysisThe Big StoryDecember 6, 2022October 5, 2023

Under the new National Social Security Fund (Amendment) Act 2022, the National Social Security Fund (NSSF) was put under the dual supervision of the ministries of Gender, Labour and Social…

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Patrick Ayota, reappointed NSSF Deputy Managing Director and caretaker MD gov’t finalises appointment of substantive Managing Director

by Muhereza KyamuteteraCompany NewsThe Big StoryDecember 1, 2022December 1, 2022

Patrick Ayota, has been reappointed Deputy Managing Director for Uganda’s National Social Security Fund (NSSF) for a 5-year term, effective 30th November 2022, the Fund has announced.In a statement today,…

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

by Muhereza KyamuteteraNews & AnalysisThe Big StorySeptember 26, 2022October 26, 2022

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…

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NSSF supports local firms to increase their competitiveness

by CEO ReporterNews & AnalysisJune 28, 2022June 28, 2022

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…

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

by Muhereza KyamuteteraIndustry & AnalysisLists & RankingsThe Big StoryJune 20, 2022October 5, 2023

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,…

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