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NSSF to divest from land investments in favour of securities

Hon. Gideon Ndambuki chairman NSSF during the 3rd Annual General Meeting on 5th August 2016. PHOTO:WILBERFORCE OKWIRI

National Social Securities Fund (NSSF) plans to divest from land investments and put more money in government securities and private equity to mitigate loss of funds.

Investing in land has exposed the fund to land grabbers who prey on property investments at a great cost to contributors,  NSSF Board of Trustees Chairman Gideon Ndambuki said.

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