NSSF assets rise to Shs32.8t as income hits Shs6.51t
The National Social Security Fund (NSSF) recorded a major improvement in financial performance in the year ended June 2026, with total income rising by 85 percent to Shs6.51 trillion as assets under management grew to Shs32.8 trillion. The performance was driven largely by stronger investment returns, increased member contributions and
NSSF, Nzeyi agree to end 18-year Temangalo land dispute
The National Social Security Fund (NSSF) and city businessman Amos Nzeeyi have agreed to settle their long-running dispute over land in Temangalo, Wakiso district, bringing closer to an end a wrangle that has persisted since 2008. The dispute, which has for years been associated with Nzeeyi and the Fund, centres
NSSF moves to reclaim disputed Temangalo land
The National Social Security Fund (NSSF) has started legal proceedings to secure full possession of land it bought at Temangalo in Wakiso District, more than 15 years after the transaction sparked a dispute with one of the vendors. The Fund says it has begun the process of applying to the
Rethinking retirement: why employers should move beyond gratuity
Uganda’s retirement benefits sector is undergoing a quiet but significant shift, with employers increasingly moving away from traditional gratuity schemes toward structured, funded retirement arrangements. What was once treated largely as a statutory obligation is now emerging as a strategic tool for attracting talent, improving employee wellbeing and supporting long-term
Income Drawdown Funds as a Sustainable Retirement Solution in Uganda
By Owen Jacob Ebichinji Uganda’s retirement landscape is at a critical turning point. While the country has made notable strides in expanding pension coverage, largely driven by institutions such as the National Social Security Fund (NSSF), the manner in which retirees access their savings remains a growing concern. The dominant
NSSF Gives Employers Two Months to Clear Contribution Arrears
The National Social Security Fund (NSSF) has offered a two-month amnesty for companies that have defaulted on remitting workers’ contributions. The announcement was made by Gerald Paul Kasaato, the Deputy Executive Director of NSSF. During the amnesty period, which runs from March 10 to May 11, 2026, the Fund aims
Museveni Appoints Richard Byarugaba as Presidential Advisor
President Yoweri Museveni has appointed Mr. Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF), and Mr. Moses Sabiti, the former Country Director for Trademark Africa in Uganda and South Sudan, as Senior Presidential Advisors in the Exports and Industry Advisory Secretariat. Details to follow.
Pension Funds Unite to Finance Africa’s Growth as Aid Declines
For the first time, pension funds across Africa are joining forces to pool domestic resources toward the continent’s development needs reducing reliance on traditional foreign aid and funding. The initiative, dubbed the “Development Fund for Africa”, will be unveiled at the upcoming “$700 Billion in One Room” All Africa Pensions Summit,
NSSF Declares 13.5% Interest Rate for Savers
Uganda’s National Social Security Fund [NSSF] savers will receive a 13.5 percent interest on their savings for the Financial Year 2024/25, following a declaration made by Finance Minister Matia Kasaija at the Fund’s 13th Annual Members’ Meeting held today. The announcement marks the highest interest rate in five years, reflecting
Airtel Disburses Shs 50.3 Billion in Dividends to NSSF
Airtel Uganda has paid Shs 50.3 billion in dividends to the National Social Security Fund (NSSF), highlighting the strength of the Fund’s investment strategy and its ongoing commitment to delivering returns to its members. In 2023, NSSF invested Shs 199 billion to acquire over 4.21 billion shares in Airtel Uganda
