C
Originally published by Capital Business
📰 Read Full Article
business
February 6, 2026
3d ago

NSSF investment return on members’ savings up 6pc to 17pc

NSSF investment return on members’ savings up 6pc to 17pc

The fund’s total assets grew to about Sh575 billion, up 43 per cent from the previous year, while member contributions rose 35 per cent to Sh84 billion, underpinning the stronger performance. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The National Social Security Fund (NSSF) has announced a substantial 17 percent return on members’ savings for the 2024/25 financial year, a significant increase from 11 percent in the previous year. This improved performance is largely attributed to a doubling of investment income.

  • NSSF's total assets grew to approximately Sh575 billion, a 43 percent increase, with member contributions rising by 35 percent to Sh84 billion.
  • Prime Cabinet Secretary Musalia Mudavadi declared the 17 percent interest, emphasizing commercial investment decisions over political considerations.
  • The higher returns were driven by increased income from long-term investments, including housing and infrastructure projects, and credited to the disciplined execution of the fund's corporate strategy and improved service delivery.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement

Related News

Advertisement