NSSF’s record 22.53% returns: A windfall or a warning sign

What the report says

Uganda’s National Social Security Fund (NSSF) has rewarded members with a record 22.53 per cent interest rate for the 2025/26 financial year, crediting Shs 5.44 trillion to their savings. Behind the headline return lie questions about the sustainability of its investment performance, its heavy exposure to government debt, the returns from its property portfolio, and […] The post NSSF’s record 22.53% returns: A windfa