The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.
Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.
“Suppliers should not be regarded merely as service providers, but as strategic partners whose contributions are essential in enabling the Fund to deliver faster, more responsive, and dependable services to members,” Ayota said.
To the Smart Life Flexi launch, NSSF is integrating educational programs designed to enhance financial literacy among the people of Uganda. These programs will be focusing on personal finance, including management, retirement, and investments, and ultimately empowering individuals with the knowledge they need to make informed financial decisions.
The National Social Security Fund (NSSF) has announced an interest rate of 11.5% for the financial year 2023/2024, an increase from the 9.7% that was declared the previous year.