The National Social Security Fund (NSSF) took a hit of Sh7.1 billion on the value of its listed equities holdings in the year to June 2016 due to the bear run that gripped the market in that period, latest regulatory filings by the fund show.
The State-owned pensions fund has reported in a gazette notice dated September 22 that the value of its share holdings fell to Sh49.9 billion from Sh57.04 billion in June 2015.
