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National Social Security Fund

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Hon. Betty Amongi: Now, why is this important? A country’s biggest asset is its people. And a country with a young population is in a position of privilege. How best does a country leverage its Human Capital? a) First, you educate, train, and keep re-skilling them. b) Secondly, you use their labour (physical and intellectual), financial capital, and enterprise to grow the economy. When the economy grows, more people benefit. But a country with a large and young population needs to plan for a time when the majority of these youth become old and are unable to work. With 10% social security coverage, if we fail to plan for these youth, we are actually planning to fail them in their old age. So, we need to be deliberate to ensure we do not postpone a problem for a Government that is in power in 2063 – 40 years from now. I have so far talked about the “What we need to change”. I have also talked about “why we need to change”. Now, let me focus on the “how we need to change” – which is the focus of this conference. In all the previous stakeholder engagements that we have had – the Uganda National Roads Authority (UNRA) conference, and the 4 Labour Inspector conferences in Central, North, East, and Western Uganda – I kept emphasizing the “Whole-of-Government” approach. Why should we divide our efforts to achieve the same goals? This is simply inefficient, wasteful, and even confusing to the public. We now have a deliberate policy to collaborate with each other across the different arms of Government to implement the National Development Plan. When it comes to the issue of compliance, our strategy is simple: • Take advantage of existing Government structures at the levels of Ministries, Departments, and Agencies to: a. Bring large numbers of employers into our sight b. Compare this data against databases of URA & NSSF c. Determine who is not complying with the law (to pay tax and make NSSF contributions) d. Give them a chance to “mend” their ways e. For those who are determined to break the law, bring the arms of enforcement to bear So, we started first with the roads sector, where through the regulator, UNRA, we were able to identify about 9,000 contractors in the sector. But only 48% were compliant. We now know that in Energy, Oil & Gas and Minerals, the number of employers is even bigger - AND THE COMPLIANCE RATE IS PROBABLY WORSE. #NowYouCan

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