Discover and read the best of Twitter Threads about #NSSFPerfomance19

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ONGOING: The National Social Security Fund (@nssfug) will pay a lower interest rate to its members for the Financial Year 2018/19 on account of a drop in its total income compared to the previous year, Managing Director @rpbyaru says. #NSSFPerfomance19
.@rpbyaru: While the Fund’s revenue which includes interest, dividend and rental income increased by over 20% to UGX 1.3 trillion, overall income reduced by over UGX 402.8 billion due to a decline in regional equity prices and currencies. #NSSFPerfomance19
.@rpbyaru: ..”the Nairobi Stock Exchange lost 14%, the Uganda local share index shade 10% while Tanzania plummeted by over 21%. The share prices closed below prices registered at end of the previous FY, which impacted the performance of our equity portfolio.” #NSSFPerfomance19
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