NSSF assets rise to Shs32.8t as income hits Shs6.51t
Business National News
5 min read
294

NSSF assets rise to Shs32.8t as income hits Shs6.51t

September 16, 2026
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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

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Pension Funds Unite to Finance Africa’s Growth as Aid Declines
Business
3 min read
1240

Pension Funds Unite to Finance Africa’s Growth as Aid Declines

October 7, 2025
0

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,

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NSSF Declares 13.5% Interest Rate for Savers
Business National News
3 min read
1907

NSSF Declares 13.5% Interest Rate for Savers

September 22, 2025
0

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

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