NSSF Uganda
Uganda Clays returns to full-year profit in 2016
Uganda Clays returned to profitability in 2016, according to its results for the period, reversing a loss in 2015 that arose from interest payments on a shareholder's loan
NSSF wins pan-African infrastructure investment award
The National Social Security Fund (NSSF) Uganda has won the Africa Pension Fund Infrastructure Investment Initiative of the Year Award, ahead of other pension funds on the continent.
Retail sale of Umeme shares from Actis exit opens; closes 6 December
A total of 37,349,155 ordinary shares of Umeme Limited were on Friday opened to retail investors on the Uganda Securities Exchange at a discounted price of Shs488 per share.
Trading in Umeme resumes after Actis exits stake
The suspension of trading in shares of Umeme Limited (UMEM) was lifted today at the Uganda Securities Exchange following the exit of former majority stakeholder, Umeme Holdings Limited, a subsidiary of the UK-listed private equity investor Actis.
USE to lift Umeme trading suspension on Wednesday
The Uganda Securities Exchange will lift the trading suspension on Umeme Limited this Wednesday, 16 November following the sale of the power utility's shares by its former majority stockholder, Umeme Holdings Limited.
NSSF increases Umeme stake to 23% as Actis unplugs from power distributor
The National Social Security Fund will become the majority shareholder in electricity distributor Umeme (UMEM) after agreeing to buy 121.82 million shares from Umeme Holdings Limited for Shs59.4 billion.
Invest in agriculture to get economy back on track, leaders say
Political and business leaders believe that with recent reports of Uganda’s economic downturn, more government attention to agriculture - which employs most Ugandans - and increased investment in the sector will spur growth.
Uganda Clays MD on NSSF debt and turnaround strategy
Uganda Clays managing director, George Inholo is so confident of the roofing tiles maker’s prospects that he is not anxious about NSSF's recent decision not to turn all of its debt to equity. The company finally turned a profit in the first half of this year.More NSSF Uganda
13 October 2016
NSSF targets shs900 billion member contributions from 2015-16
The National Social Security Fund managing director has said the Fund projects a 15% increase in member contributions this financial year from what it registered last financial year.
30 September 2016
NSSF to pay 12.3% interest on member contributions
The National Social Security Fund (NSSF) announced on Friday that it will pay an interest of 12.3% on member’s contributions for the 2015/16 financial year - lower than last year's rate of 13%. In total, the fund will pay Shs606 billion to its members.