NSSF declares 12.15% interest to savers

    By Our Reporters. The National Social Security Fund (NSSF) has announced  a 12.15 percent interest payment to its members for the Financial Year 2020/21.  This is an increase from the 11.3 previous paid up having dropped from 15 per cent in 2018. Finance Minister Hon Matia Kasaija said the current interest rate, equivalent to UshS1.52…

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      New labour markets for post covid – 19 recovery

      By  Hon. Charles Bakkabulindi. The emerging challenges on the labour market and the scourge of Covid-19 pandemic that is straining Labour unions from offering protection to a bigger number of workers.    Jobs that had been increasingly created within the informal sector and private sector that employs the bulk of workers, has been adversely affected, and…

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        Covid-19 relief funds mismanaged as Post Bank & telcoms take Ushs 2.854b

        By Our Reporters. Joint Parliamentary committees comprising  the Public and Local Government Accounts committees have taken to task officials from Post Bank Uganda Limited,Airtel and MTN to provide convincing accountability for Ushs 2.854b reportedly spent on administrative costs to send Covid-19 relief cash to vulnerable Ugandans. This development comes following reports of several targeted vulnerable…

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          Tokyo Olympic medalists redeem Uganda police image

          By Stephen Ouma Bwire. Ugandan athletes Joshua Cheptegei and Peruth Chemutai, who reaped gold medals at the just ended Tokyo 2020 Olympic Games, have helped to redeem  police image. Police Officer Joshua Cheptegei rewrote history books when he won gold in 5,000metres plus a silver medal in 10,000metres to become the first Ugandan athlete to…

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