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NSSF injects sh180b in Marriott Hotel

Ayota defended the fund’s decision, saying the investment should be assessed as part of their wider portfolio and diversification strategy. He said NSSF does not put all its investments in one asset class because some investments may perform better than others. Ayota said NSSF should, therefore, be judged on the performance of its entire investment portfolio rather than on an individual investment.

Kampala Marriott Hotel and Marriot Executive Apartments in Nsambya. NSSF has invested sh180b.
By: Mary Karugaba, Journalist @New Vision


KAMPALA - The National Social Security Fund (NSSF) has injected $50m (about sh180b then) to acquire a 30% stake in the five-star Kampala Marriott Hotel and Marriott Executive

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Tags:
Business
Economy
National Social Security Fund (NSSF)
Marriott Hotel
Patrick Ayota