Uganda’s NSSF declares record 22.53% interest

Uganda’s National Social Security Fund (NSSF), the country’s largest pension scheme, announced a record interest rate of 22.53% for the fiscal year ending June 30, 2026. Over 2.4 million members saw their savings increase by 5.2 trillion Ugandan shillings ($1.33 billion) as the funds were credited to their accounts by Thursday noon. The fund’s performance reached its highest level in four decades, providing significant returns to its members.