In the first year, the government capped the 12 percent charge on half the national average monthly income quoted of Sh34,476, which means that the NSSF would recover a maximum of Sh4,136 monthly. The top earners would pay half the charge at Sh2,068, up from the current Sh200, ...
Overall, the value of retirees’ savings under the state-controlled fund grew by Sh15.86 billion, or 6.01 percent, to Sh279.67 billion in the period. The value of National Social Security Fund (NSSF) assets under fund managers fell by Sh19.5 billion in the first six months of the year ...
As of June 2021, the Central Bank of Kenya held loose cash amounting to Sh36.9 billion, NSSF was second with Sh35 billion, and Kenya Pipeline Company had Sh7.6 billion while the Communications Authority of Kenya was sitting on Sh3.36 billion. A member of the board explained that two rep...
KCB Group has corrected its shareholding structure and dropped the previous filings that had shown that the National Social Security Fund (NSSF) sold Sh837.2 million worth of shares in three months to December. The lender has made the corrections on its regulatory filings for December to show th...