Ugandans Can Now Save for Retirement with Shs500 on Airtel Money

Nicholas Agaba·News·

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 Ugandans Can Now Save for Retirement with Shs500 on Airtel Money

Airtel Money and the National Social Security Fund (NSSF) have renewed a partnership that allows Ugandans to save for their future through mobile money.

The agreement will expand access to SmartLife, an NSSF savings plan for workers in the formal and informal sectors as well as Ugandans living abroad.

Customers can enrol and contribute through Airtel Money. They can start saving with Shs500. Each contribution attracts a transaction fee starting at Shs150.

SmartLife Flexi had accumulated Shs199.3 billion in assets by August 28, 2026. It had also registered more than 130,000 members in less than two years.

Airtel Uganda has more than 20 million subscribers. NSSF expects this reach to attract more Ugandans to the savings plan.

Airtel Mobile Commerce Uganda managing director Japhet Aritho said the partnership would help traders, boda boda riders, farmers, entrepreneurs and self-employed professionals build financial security.

“At Airtel Money, we are committed to providing solutions that improve the lives of our customers,” Aritho said.

He said the partnership would connect customers to long-term savings through digital services they use each day.

NSSF deputy managing director Gerald Paul Kasaato said SmartLife sought to extend social security coverage to more Ugandans.

“Our partnership with Airtel Money enables us to reach more people where they are, using a trusted digital platform that they interact with daily,” Kasaato said.

He said the service allowed people to save regardless of their income level or how often they earned money.

Airtel Money and NSSF will promote the plan through social media, digital platforms, community outreach and financial literacy programmes.

The two institutions hope the partnership will encourage long-term saving and widen access to social security services.


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