Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
What you need to know:President Yoweri Kaguta Museveni on May 1 demanded that companies recruit employees on a permanent rather than a temporary basis. If this declaration is carried out, it will impose mandatory employment contracts and set working con
Halfway through the recently launched whistleblower campaign, a nationwide drive aimed at encouraging workers to report employers defaulting on NSSF contributions, the Fund has unearthed over shs70 billion from reported cases. Figures released by the Fund on Monday indicate that as of Jan
