The President also recalled the close cooperation between Uganda and Tanzania, citing trade, the East African Crude Oil Pipeline, the Murongo-Kyikagate mini-hydro project, roads in Tanzania, the Masaka-Bukoba transmission line and the Standard Gauge Railway, which has reached Isaka and is expected to extend towards Uganda and beyond.
According to Mukula, Uganda believes in the free and orderly movement of people, goods, services, and capital within the framework of regional laws and protocols, stating that it will continue to stand for the dignity of African brothers and sisters because Africa belongs to Africans.
“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.