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Pension funds merit bigger role in economy

The pension funds in Kenya have not made an impact in broader development of the economy because they concentrate on ‘core assets’.

Photo credit: Fotosearch
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By  Jaindi Kisero

Columnist

For me; what the National Social Security Fund (NSSF) has done by investing in the Nairobi- Mau-Summit Road is an example of bold ambition.

Today; following the implementation of the higher contribution rates under the controversial NSSF of 2013; the fund is collecting close to Sh6 billion a month.

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