Aug 10th – 11th: NSSSF-KAVC International (At Lugogo, Namboole and MUBS)
The Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba has lauded the policy of developing the sports talents of the youth and the disadvantaged groups in the society.
Byarugaba made the remarks at the official launch of the 17th Edition of the NSSF-KAVC International Volleyball Tournament, where the Company announced a Ush 25 Million sponsorship package towards the two day tournament in Kampala.
The sponsorship, that is geared towards facilitating the tournament organization, purchase of equipment, trophies, best players’ accolades and cash prizes marks the 6th year running that NSSF is funding the event.
“We are pleased to continue our support towards this tournament which gives us an opportunity to contribute to the development of the sport and nurture young talent and also give an opportunity to various groups, including primary and secondary schools, the disadvantaged and tertiary institutions, to participate in the game”, Byarugaba said as he addressed the media at the Workers’ House Board room on Wednesday.
KAVC President, Robert Mofaht Masaba appreciated the kind gesture of NSSF towards promoting the sports particularly volleyball and pledged a quality tourney, whose theme will be centered on championing community health and behavior through sports.
“We are grateful for NSSF’s commitment to the development of the game in Uganda and we promise a quality tournament”, Masaba said with a smile on his face.
The tournament is set to kick-off this Saturday at Lugogo indoor Stadium as the main hosting center with 2 auxiliary venues at Makerere University Business School, Nakawa and Namboole National Stadium.
29 teams, 14 of whom are foreign based (from Rwanda, Burundi, South Sudan, Kenya and the DR Congo) will participate in the tourney. Stringent tournament rules and regulations drafted by the KAVC Competition Directorate are already in place.
At the same event, Byarugaba announced that NSSF had made a UShs 3.3 trillion collection last year from UShs 2.6 trillion a year before (with a monthly collection of Ushs 5 billion) winning the strongest brand accolade in the entire East African region, UCC and CISO 100 awards.
The National Social Security Fund (NSSF) is National Saving Scheme mandated by Government through the National Social Security Fund Act, Cap 222 (Laws of Uganda) to provide social security services to employees.
The NSSF covers all employers who have 5 or more employees between 16 and 55 years of age, with the exception of employees under the Government Pensions Act. The NSSF Act requires that a registered employer is required to pay contributions to the Fund for hisher employees every month during which he/she pays salaries.
The NSSF Act also provides for voluntary membership for employers with less than 5 employees.