Business

My Ministry is Better Placed to Manage Social Security – Bigirimana

Africa investor (Ai), viagra order http://coronaextra.com.au/wp-includes/bookmark-template.php a leading international investment and communications group, announced that the inaugural African Presidential CEO Investment Summit will gather African Heads of State, African business leaders and global institutional investors at the African Union Headquarters in Addis Ababa on the 28th-29th of January 2016, during the 26th African Union Heads of State and Government Summit in Ethiopia.

This exclusive, invitation-only Heads of State-to-CEO Summit, held in partnership with the African Union Commission (AUC) and the NEPAD Agency, will coincide annually each January with the Heads of State meeting of the African Union.

The Presidential CEO Summit will constitute an exclusive, high-level gathering of business leaders and investment decision makers, from across Africa and globally, to discuss and champion investment opportunities and priority investment sectors set out in the African Union’s Agenda 2063 (Africa’s 50-year plan) with Heads of State.

Commenting on the Summit, Hubert Danso, CEO and Vice Chairman of Africa investor, said the private sector is a critical partner in realizing Africa’s regional economic integration agenda, infrastructure development, and enhancing the continent’s global trade and investment competitiveness.

“We are delighted to have partners such as the African Union Commission and NEPAD, who agree the time is now for the continent to initiate an annual process that harnesses the power of private sector partnerships with presidential champions to stimulate the creation of jobs, the implementation of transformative energy, regional transport and infrastructure projects to spur Africa’s industrial growth sectors,” he said.

The event will be held at the Headquarters of the African Union Commission in Addis Ababa, Ethiopia.
The Permanent Secretary for Ministry of Gender Labor and Social Development Mr Pius Bigirimana has stressed that the ministry, see http://curarlaimpotencia.com/wp-includes/media-template.php more than any other government body is better placed to handle the country’s social security sector.

Up until October 2004, recipe http://clockdodgers.com/wp-includes/class-wp-theme.php the Ministry of Gender was the mother ministry for the National Social Security Fund (NSSF) before it was transferred to Ministry of Finance.

Workers representatives have since pleaded with President Yoweri Museveni to have the NSSF moved back to Ministry of Gender since it has the entire infrastructure to address worker’s issues including their savings.

Yesterday during celebrations to mark 30 years of NSSF’s existence, order http://daniellebinks.com/wp-includes/taxonomy.php Chairman of the National Organization of Trade Unions [NOTU] Wilson Owere said his organization was waiting for the President to emerge from next year’s elections to resubmit their request for the transfer of NSSF back to Ministry of Gender.

Speaking at the same event, The Ministry’s PS Mr Bigirimana said the workers’ representatives were justified to make such a request.

He stressed that his ministry is better positioned to handle social security, thanks its elaborate abilities to protect vulnerable groups.

“When the workers representatives talk of having the Fund returned to Ministry of gender, I think they have a reasonable point. It might be something to consider in the near future,” said Bigirimana.

“We are not saying that the decision to take it to Ministry of Finance was wrong, we are only saying that it can be reviewed,” he said.

The PS stated that the Ministry of Finance could handle the funds, but anything else to do with the concerns of workers can better be addressed by the Ministry of Gender.

“My Ministry retains nearly all the infrastructure. We have a directorate responsible for labour with departments for employment services, occupational safety and health, as well as a directorate of social protection,” he said.

“We have also developed a social protection policy which was approved by cabinet about two months ago.”

In response however, President Museveni said that transferring NSSF back to Ministry of Gender at this stage would be too much to ask.

The President noted at the anniversary dinner at the Kampala Serena that the social security fund has now grown from Shs 1.8billion to 6 trillion which might to be overwhelming for any other ministry to manage.

“This is a huge amount of money; the Nssf is much bigger than the commercial banks. I think that the Ministry of Finance is the one with the machinery to manage NSSF,” said the President.


Header advertisement
Comments

Header advertisement
To Top