Savers with the National Social Security Fund will earn a 13.5 percent interest rate for the financial year 2024/25. According to the Minister, this translates into 2.79 trillion shillings to be paid into members’ accounts. This year’s payout is the highest the Fund has made to date, continuing its record of strong returns, up from 2 trillion shillings paid in 2023/24.
For more than a decade, the NSSF has consistently delivered interest rates at least 2% above the 10-year average rate of inflation, ensuring the preservation and growth of members’ savings.
Ronah Nahabwe reports.
