The National Social Security Fund (Amendment) Bill, 2021, which provides for #NSSFMidterm access, was passed by Parliament on November 24 last year & assented to by the President on January 4th. Join the conversation on how to access the benefits here: Image
Alternatively, you can also follow the @nssfug MD’s speech on #NSSFMidterm access by joining this twitter space: twitter.com/i/spaces/1nAKE…
“For the first time, the law now includes government as an employer. It includes people who are in partnerships like lawyers & accountants. It incorporated trustees.” - @rpbyaru on the all encompassing @nssfug Amendment Act

#NSSFMidterm
“You can now make a top up over and above the 5% contribution.” - @rpbyaru on the flexibility offered by the @nssfug amendment act

#NSSFMidterm
As of 1st March, 41,174 members qualify for #NSSFMidterm access & should have received an SMS notifying you about the benefit.
About 10,000 of these people should be able to receive their #NSSFMidterm benefits through their MTN/Airtel mobile money accounts.
For the rest whose #NSSFMidterm benefits are higher than UGX 3 million, they will be processed from the @nssfug branches + Kololo airstrip. There will be arrangements at employer premises with more than 100 qualifying members. Image
“Every Thursday, we’ll be paying about UGX 50 Billion in #NSSFMidterm benefits until the end of the year.” - @nssfug MD @rpbyaru

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More from @Jude_Mugabi

Mar 9
What are the findings from the @Absa Financial Markets Index Report? If interested in the insights & outlook for the economy, follow this link for the unveiling:
#AFMIndex2021 Image
“For the 5th year running, @AbsaUganda has been organizing the Financial Markets Index Forum. As we delve deeper into the report, we’ll assess the economy & what needs to be done for further economic growth.” - @MumbaKalifungwa
#AFMIndex2021 Image
“One of the best things to come out of the pandemic is that Uganda ranks 1st in East Africa & 5th in Africa up from 10th last year according to #AFMIndex2021. We must prove that the jump in the ranking wasn’t a fluke.” - @BOU_Official Deputy Governor, Michael Atingi-Ego Image
Read 15 tweets
Mar 8
.@mtnug has for the first time, since listing on @USEUganda, announced its annual financial performance for the year ended 31st December, 2021. The audited #MTNResults show a solid 9.4% growth in Service Revenue compared to the previous year despite the headwinds in 2021.
The shoot up was mainly driven by growth in subscriber numbers with the company registering 1.5 million new customers in 2021 representing a 10.7% Year-on-Year (YoY) growth & taking its total subscriber base to 15.7 million thus maintaining market share leadership.
#MTNResults
Among the 15.7 million subscribers, 5.3 million are active data users. The contribution of data to #MTNResults service revenue was 20.2% on the back of a 16% increment in active data subscribers and a 47.8% surge in total MBs used compared with 2020.
Read 12 tweets

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