ZSSF vs UTT AMIS

Zanzibar Social Security Fund was established under the Zanzibar Security Fund Act No. 2 of 1998 subsequently amended by the Zanzibar Social Security Fund Act No. 9 of 2002 and re-enacted by the Act No. 2 of 2005. Prior to the enactment of the Act and establishment of the Zanzibar Social Security Fund, there was no formal social security scheme in Zanzibar. Nor was there a significant private sector/occupational pension scheme sector in Zanzibar. Before the inception of Zanzibar Social Security Fund, public service employees in Zanzibar were covered and received pension benefits under the Pensions Act No. 2 of 1990

UTT AMIS App from UTT AMIS PLC, a Tanzania Public Limited fund management company that deals collective investment in unit trust schemes including Umoja, Wekeza Maisha, Watoto, Jikimu, Liquid and Bond funds. The application is designed to securely help investors have fully visibility, access and manage their investments with UTT AMIS. With this app, in a few steps, new Investors can register with a full KYC investment profile. Using this app, registered investors can: – View their investment portfolio and account balances. – Investors with multiple investment accounts can see all the holdings and respective returns. – Buy units to increase their investments. – Redeem units at anytime, anywhere. – Have full visibility of investment account details such as nominees and joint holders for joint accounts. – Track transaction history with UTT AMIS including pending and processed unit purchases(buys) and redemptions(sells). – Customise the app to their liking with different themes. – Access daily/latest updated Net Asset Value (NAV) as released per UTT AMIS operations. – View Investment schemes details to stay updated on general investment policies and opportunities. – Submit grievances or complaints related to UTT AMIS investor services practice as connected to investor account. – Create single and joint(two applicants) holding accounts.