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Uganda Retirements Benefits Authority projects 20% savings threshold

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The Uganda Retirement Benefits Regulatory Authority UBRA says it is expecting to hit a savings threshold of 20% within the next three years above the current 11%. Andrew Kasirye, the Chairman of the Authority, signals increase in savings among both formal and informal sectors that could offer the struggling economy an impetus with renewed liquidity. Currently the Authority has licensed 63 private savings schemes that have since collected 1.1Trillion shillings in savings; albeit with the urgently needed but pending pension sector reforms.Subscribe to Our ChannelFor more news visit http://www.ntv.co.ugFollow us on Twitter http://www.twitter.com/ntvugandaLike our Facebook page http://www.facebook.com/NTVUganda

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elusion evasion falling away falseness forsaking going back on leaving perfidy recreancy rejection relinquishment running out on secession tergiversation treachery truancy ceasing to exist decline and fall dematerialization disappearing act disintegration dispersal dissipation ebbing eclipse evanescence evaporation fading loss melting passing receding wane wearing away accomplishment achievement adjournment attainment bottom line cease cessation close closing closure conclusion consequence consummation culmination curtain denouement desistance desuetude determination discontinuance execution expiration expiry finale finis finish fulfillment issue last word omega outcome payoff perfection realization resolution result sign-off target termination terminus upshot windup wrap-up blockade privacy shelter desolation solitude sequestration aloofness detachment remoteness aloneness separateness concealment quarantine hiding beleaguerment reclusion reclusiveness privateness seclusiveness abdication cancellation establishment arrangement approval allowance enactment permission confirmation validation keeping hello arrival entrance stay continuation greeting coming staying help meeting assistance aid ratification disappearance appearance end creation construction birth means foundation defeat neglect opening unfulfillment failure origin cause beginning forfeit worthlessness inception frustration source commencement introduction aid asset assistance gain help interest perk profit prosperity use welfare account avail benediction betterment blessing boon cream extras favor godsend good gravy worth blockage disadvantage hindrance hurt injury loss obstruction stop bad fortune bad luck disapproval handicap harm misfortune additional benefit allowances benefits compensation package employee benefit extra lagniappe perks perquisite plus privilege reward solatium assets bottom line cash cash flow commission compensation dividends drawings earnings gains gross harvest honorarium 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expediency favor gain good gratification help hold improvement interest lead leeway leg-up leverage luck odds position pre-eminence precedence preference prevalence profit protection recognition resources return sanction starting superiority support utility wealth Dutch uncle aide attorney backseat driver buttinski clubhouse lawyer coach confidant consultant counsel counselor doctor expert friend guide helper instructor kibitzer lawyer mentor monitor partner priest quarterback referee righthand person second-guesser teacher tutor law upstairs pro textbook whiz egghead aristocrat pundit guru veteran wizard establishment czar buff specialist virtuoso bible professional brass connoisseur scholar professor arbiter big cheese big shot city hall kingfish kingpin brains feds big wig ivory dome power elite top brass top dog top hand greenhorn rookie student amateur proletariat ignoramus administration neglect failure mismanagement disregard ignorance inefficiency lawlessness disorganization 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finances financing fortune gold interests money principal substance treasure ways and means wealth wherewithal banknote bread buck bullion cabbage chicken feed coin coinage currency dinero dough green stuff legal tender lot mazumah note payment pledge ready assets refund remuneration scratch security supply wampum affluence assets backing bankroll belongings budget capital collateral earnings finance fluid assets hard cash lucre money on hand nut petty cash pork barrel possessions proceeds profits ready money revenue securities specie stuff winnings capitalization funding subsidization ace in the hole bundle holdings income intangibles pocket purse rainy day bank small poverty need grubstake shame poorness paucity brink verge dawn door doorstep doorway edge entrance gate inception origin outset point sill start vestibule point of departure starting point middle completion conclusion death disadvantage end ending finish basis control criterion diagnostic example exemplar guideline 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