Business

Kenya NSSF To Build 30,000 Housing Units

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site http://communityartsprogram.org/wp-content/plugins/woocommerce/includes/class-wc-integrations.php geneva; font-size: small; line-height: 115%;”>This will be under a Public Private Partnership (PPP) arrangement.

sickness geneva;”>Chaired by President Uhuru Kenyatta on Thursday, Cabinet said a strategic partner should be identified to construct houses and build other amenities.

“The project is key to Government delivering on its pledge to reduce the acute shortage of houses in our nation’s capital in line with the Jubilee manifesto,” said State House Spokesperson Manoah Esipisu.

Cabinet also agreed a cabinet sub-committee to explore the creation of an industrial park on a PPP model to produce building materials to cater for low-income earners.

The National Social Security Fund is a statutory public trust and the Premier Social Security Provider for Kenya’s workers.

Its role is to provide social security protection to workers in the formal and informal sectors.

It registers members, receive their contributions, manage funds of the scheme, process and ultimately pay out benefits to eligible members or dependants.

To improve efficiency in revenue collection by the NSSF, Cabinet authorized a request by the Ministry of Labour for Kenya Revenue Authority (KRA) to collect members’ contributions on behalf of NSSF.

This will boost revenues from the current Kshs.600 million to Kshs. 12 billion.

Cabinet directed all other State Corporations and agencies that levy charges on their services to partner with KRA in the collection of such levies.


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