The National Social Security Fund (NSSF) Uganda has posted its strongest financial performance to date, with total revenue rising 85% to Shs6.51 trillion in the Financial Year 2025/26.
NSSF Managing Director Patrick Ayota attributed the record performance to stronger-than-expected returns across the Fund’s investment portfolio.
Ayota was speaking at the NSSF Annual Media Dialogue in Kampala on Wednesday, ahead of the Fund’s Annual Members Meeting scheduled for September 24.
Figures released by the Fund show that interest income increased by 21%, from Shs2.88 trillion in the previous financial year to Shs3.49 trillion in 2025/26.
Dividend income also rose by 55%, reaching Shs369 billion, up from Shs238.14 billion, while gains from regional equities surged by 587% from Shs381 billion to Shs2.62 trillion.
Real estate income was the only major investment income stream to decline, falling by 4%. The asset class nevertheless contributed Shs16 billion to the Fund’s total revenue.
The Fund also recorded growth in member savings, with contributions increasing by 13% to Shs2.42 trillion in 2025/26, from Shs2.13 trillion the previous year.
The combined growth in investment income and member contributions pushed NSSF’s Assets Under Management (AUM) up by 26%, from Shs26 trillion in 2024/25 to Shs32.8 trillion in 2025/26.
The latest figures underline the Fund’s continued expansion, driven by both increased member contributions and stronger returns from its diversified investment portfolio.
By Charles Katabalwa