National Social Security Fund

New Date, Same Cause! Mark your calendars for 2nd November 2025, 6AM, Kololo Independence Grounds and join us as we run for Ondia and for every child dreaming of a brighter tomorrow. Every stride you take helps build better public schools. Get your kit here: https://lnkd.in/d8YsBhJg

We’re thrilled to welcome Clarkson Insurance on board as an official partner for the 2025 NSSF Kampala Hills Run! Their generous contribution of UGX 15 million fuels our shared mission to support education through this noble initiative. Let’s lace up and run for Ondia on 2nd of November 2025 because every step we take brings us closer to brighter futures!

Tired of waiting in line? Go digital with the NSSFGo App, the faster, smarter way to register your company. Download the App from Google Play or App Store or visit https://lnkd.in/dYsWY3g4 with a PC, laptop, phone browser or tab.

NSSF partners with United Boda Boda Riders Cooperative Union to empower 1 million riders to save for their future through SmartLife Flexi, targeting UGX 365 billion in annual savings. Read more here: https://lnkd.in/dxJ6H_dB

Fred Senoga, Business Product Advisor, United Boda Boda Riders Cooperative Union: As a Union involving boda bodas, bus drivers and taxis, we believe that Smartlife was meant for us, but we have not been on the table. Let us start work, let us start walking the talk. We are going to involve all our members and the figures will talk.

Fred Senoga, Business Product Advisor, United Boda Boda Riders Cooperative Union: Within our unions, we agreed to move forward, we agreed to look at our well being which includes savings, we challenged ourselves as leaders to involve our constituencies in learning and adopting this Smartlife product. With our numbers, discipline and systems, we believe we can do everything, we believe we can change everything.

Fred Senoga, Business Product Advisor, United Boda Boda Riders Cooperative Union, welcomed the partnership, describing it as a breakthrough in improving the welfare and financial resilience of riders who often face daily income uncertainty. “For years, riders have struggled to save consistently despite earning daily income. We are targeting to recruit 1million boda boda riders saving UGX1000 daily,” Mr Senoga said. The boda boda industry is estimated to be the second-largest employer in Uganda after agriculture, with 85% of riders under the age of 35.

Patrick Ayota, Managing Director, NSSF: This growing adoption of voluntary savings among informal earners points to a positive shift in bridging Uganda’s social security gap. Yet, the opportunity remains vast. Uganda’s labour force is estimated at over 20 million people, with only 2.4 million currently contributing to the Fund, representing less than 12% coverage. Of these, approximately 45,000 individuals contribute voluntarily, outside formal employment structures. This gap shows just how challenging it can be to extend social security to people working in the informal sector, especially in industries like the boda-boda business.

Patrick Ayota, Managing Director, NSSF: The Boda Boda Union provides an organized structure that bridges this gap, offering a unified platform through which riders can save consistently and securely. The sector plays a vital role in our economy. It is estimated that over 1.2 million riders are supporting the livelihoods of more than 7 million Ugandans. With a rapidly growing base of over 100,000 registered riders across more than 30 districts, Union Boda offers both the organizational reach and operational strength that can make inclusive savings a reality. Through this partnership, we are targeting to onboard 1million riders, ensuring they save for their future through our SmartLife Flexi product.

Patrick Ayota, Managing Director, NSSF: A key milestone this year has been our Voluntary Savings Product, the NSSF Smart Life. For 11 months since we launched, it has been met with tremendous enthusiasm from the market. As of yesterday, SmartLife Flexi had registered 44,698 members, contributing a total of UGX 36.4 billion. Most of these members are daily income earners, many of whom contribute consistently daily.