Our returns are in their own orbit, says NSS boss
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow m...
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High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
Does Kiira Motors need two years to turnaround?
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporat...
More than half of employers on NSSF register are not active
Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean...
NSSF savers to get 11.5% interest
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As...
Motorists face long detours following Karuma Bridge closure
Movement on the Kampala-Gulu highway was on Monday paralysed following the total closure of Karuma Bridge that links northern Uganda, South Sudan and DR Congo. The govern...
Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increa...
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...
Outrage as Multichoice increases subscription fees again
There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium contentâs pricing for DStv and G...
Salaries of police and prisons chiefs doubled
The monthly salaries of the Inspector General of Police (IGP) Abbas Byakagaba, and Commissioner General of Prisons (CGP) Johnson Byabashaija and those of their deputies h...