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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s 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

Ultimate Uganda

NSSF savers set to get more than 10%

NSSF savers set to get more than 10%

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

Ultimate Uganda

Tourism sites in north left with no sights and sounds

Tourism sites in north left with no sights and sounds

Members of Parliament from northern Uganda have tasked the government to fast-track the gazettement and development of key monuments and cultural heritage sites as an ingredient to spur the economic development of the region.

Ultimate Uganda

Uganda lost Shs30b to corruption in FY2023-24, says IGG

Uganda lost Shs30b to corruption in FY2023-24, says IGG

The Inspectorate of Government said Uganda lost at least Shs30 billion to the corrupt and registered about 2, 377 graft related complaints in the Financial Year 2023/24, the Ombudsman said on Monday.  Accor

Ultimate Uganda

Nakaseke seeks govt opinion on sacking 20 head teachers

Nakaseke seeks govt opinion on sacking 20 head teachers

Authorities in Nakaseke District are yet to sack 21 primary school head teachers in Nakaseke District for using forged academic transcripts despite a recommendation by the Inspectorate of Government (IG), the Daily Monitor has learnt.

Ultimate Uganda

Vision named among top 'kiosks' bleeding the taxpayer

Vision named among top 'kiosks' bleeding the taxpayer

President Museveni authorised a late Shs14 trillion tax increment that Minister Kasaija added to the Budget Estimates, leaving Ibrahim Ssemujju Nganda in a tiffFrom the standard gauge railway to Lubowa hospital and Kiira Motors to the Preside

Ultimate Uganda

Foreign Affairs Ministry Seeks 6 Billion Shillings for NAM and G77+China Post Summit Activities

Foreign Affairs Ministry Seeks 6 Billion Shillings for NAM and G77+China Post Summit Activities

The House Committee on Foreign Affairs has recommended allocating Shs4 billion and Shs2 billion in the National Budget Framework Paper for the Ministry of Foreign Affairs, specifically catering to post-summit activities related to the Non-Aligned Movement (NAM) and G77+China for the next three ye

Ultimate Uganda