Connect with us

General

MURBS declares 12.6percent interest rate at Third AGM

Published

on

All the financial figures and projections provided at the 3rd Annual General Meeting indicate a great improvement in the finances of the Makerere University Retirement Benefits Scheme (MURBS).

Addressing the members at the Annual General Meeting (AGM) held on Thursday 7th November 2013, in Lab 2 at the College of Computing and Information Sciences (CoCIS), the Chairperson Board of Trustees, Hajjati Fatumah Nakatudde said:  “We are happy to report that for the financial year ended 30th June 2013, the MURBS made a Gross income of UGX 8.6billion and Net income of UGX 5.4billion. The total Fund Value as of June 2013 stood at UGX 78.8billion. It is also important to note that it is during the same financial year that the NIC/DAP monies amounting to over UGX 20billion were paid out in benefits.”

Dr. Saul Nsubuga a Member of the Board of Trustees (BoT) MURBS contributes to the discussion at the 3rd AGm, 7th Nov 2013, CoCIS, Makerere University Kampala UgandaThe Board Secretary, Dr. John Kitayimbwa pointed out that the Board of Trustees (BoT) takes responsibility of the interest declared at 12.6% and applauded the fund managers for performing over and above BoT’s expectations.

“Our rate of return this year was 15.4%. Our declared interest for the year is 12.6% because we must have a reserve to absorb shocks and changes in the market. Compared with institutions/bodies that provide similar services in our current market, an interest ate of 12.6% is very good,” reechoed Dr. Kitayimbwa.
 

Also commenting on the declared interest rate of 12.6%, Dr. Saul Nsubuga, Member of the BoT said: “It is better to accrue a fair interest rate, within a regulated framework, but ensure that this money is available on retirement.”

Mr. Goddy Muhumuza, Senior Legal Officer, Makerere University (L) and other Members contribute to the discussion durint the 3rd MURBS AGM, 7th Nov 2013, CoCIS, Makerere University, Kampala UgandaThe well attended 3rd Annual General meeting (AGM) was characterized by precise questions and comments directed at the BoT, indicative of a strong desire for information sharing and exchange of ideas, appreciation for the work done, optimism and goodwill. The same scene played out as highlights of the Financial and External Auditor’s Reports for the Year ended June 2013 were presented.

 

The Emcee Mr. Louis Kakinda (with mic) moderated the well attended 3rd Annual AGM, 7th Nov 2013, CoCIS, Makerere University, Kampala UgandaThe day’s emcee Mr. Louis Kakinda provided a brief reflection on the 2nd AGM held on 25th October 2012; presented the agenda of the 3rd AGM and also introduced the current BoT comprising;  Hajjati Fatumah Nakatudde (Chairperson), Dr. John Kitayimbwa (Secretary), Ms. Edna Rugumayo, Dr. Saul Nsubuga, Mr. Dyson W. Maswere, Prof. Julius Zake, Mr. Bruce Twesigye and Ms Miriam Magala.

 

With regard to general composition, all permanent employees of the university under the age of 50 are eligible to join the MURBS as contributing members. During the AGM, the BoT made reference to the Trustee Some of the Members of Staff who attended the 3rd MURBS AGM, 7th Nov 2013, Makerere University, Kampala UgandaDeed signed between Makerere University and the MURBS, which stipulates that all permanent members of staff are eligible to join the Fund and therefore advised members to fill in the registration forms to enable BoT track all the finances due to them.

Another key message shared by the BoT assured the members that unlike past experiences with other pension/retirement schemes where members of staff retired without payment due to them, MURBS is committed to ensuring that the money is timely given to the concerned member upon retirement.

In the same spirit, members were advised that in addition to the designated 5% deducted from their salaries, Dr. John Kitayimbwa, Secretary BoT-MURBS addresses Members at the 3rd AGM, CoCiS, Makerere University, Kampala Ugandathey could liaise with the MURBS Secretariat and fill out forms to voluntarily increase their monthly contribution, which will inevitably increase on the savings they will access on retirement.

The Board Secretary, Dr. John Kitayimbwa thanked the members for supporting the current Board of Trustees since they assumed office on 1st April 2013.  “The term of office for the previous Board of Trustees chaired by Dr. Augustus Nuwagaba ended on 31st March 2013. A new BoT chaired by Hajjati Fatumah Nakatudde was constituted following the provisions in the Trustee Deed. We thank the previous BoT for laying a firm foundation. We also thank you members for supporting the new BoT to seamlessly transition into service,” remarked Dr. Kitayimbwa.

In agreement, one member, Ms Grace Christine Bazaya applauded the old and current BoT and the Executives of Staff Associations for working tirelessly to deliver the NIC/DAP funds to members at the time they needed it most.  Commenting on the future of MURBS, Ms Bazaya proposed a mechanism of checks and balances to ensure accountability and transparency at all levels.

Hajjati Fatumah Nakatudde, Chairperson BoT-MURBS answers Members' queries at the 3rd AGM, CoCIS, Makerere University, Kampala UgandaRegarding the members’ contributions which are yet to be remitted by Makerere University to MURBS, Hajjati Fatumah Nakatudde reported that BoT had sued the University, but were advised to settle the matter out of court and since then several negotiation meetings have been held between BoT and the University Management. However, since the Makerere University Council is the employer, a joint committee comprising membership from BoT and University Management is scheduled to present to the University Council on whether to pay interest on the contributions from the members who benefited from the previous In-house Retirement Scheme. She added that BoT is committed to the welfare of her members and they were optimistic that the negotiations at the different levels would all yield positive results.

Mr. Michael Kimoni, Partner, Ernst & Young, Auditors, MURBS at the 3rd AGM, 7th Nov 2013, CoCIS, Makerere University, Kampala UgandaAccording to the External Auditors Report to the members of MURBS by Ernst & Young-Certified Public Accountants, the financial statements presented fairly, in all material respects, the statement of net assets available for benefits of MURBS as at 30 June 2013. Ernst & Young further assented, that the reports represented changes in the net assets available for benefits and cash flows for the year then ended, in accordance with International Financial Reporting Standards and the Requirements of the Trust Deed.

The Fund Managers, Pine Bridge Investments (E.A.) Limited (PINE) and STANLIB in their report informed the AGM that they prepared the financials and shared the information with the Auditors.

Dr. George L. Openjuru, CEES, makes his contribution to the discussion, 3rd Annual AGM, 7thNov2013, CoCIS, Makerere University, Kampala Uganda“The Year closed with UGX 78.8billion. There was a reduction in the fund by UGX 5.7billion because of the NIC/ DAP funds which were paid out to the members during the year. The assets as of June 2013 added up to UGX. 78.8billion. If the MURBS was to be wound up today, we would sell our assets worth UGX 78.8billion and pay our liability,” highlighted the statement from PINE and STANLIB.

Responding to the Fund Managers’ report, the Board Secretary, Dr. John Kitayimbwa had this to say
“The Fund Managers work on behalf of the BoT, which takes full responsibility of the interest declared. The two fund managers (PINE and STANLIB) performed over and above our expectations. The Board of Trustees will consider giving them a bonus,’’ commended Dr. Kitayimbwa.

The BoT, MURBS, during the 3rd Annual AGM, 7th Nov 2013, CoCIS, Makerere University, Kampala Uganda

To toast to this historic achievement, the BoT hosted a cocktail for its Members at the Makerere University Guest House.

 

Story by:   Ritah Namisango and Mark Wamai, Public Relations Office
Photos by:  Henry Mukasa, Service Provider

Mark Wamai

Continue Reading

General

A Legacy That Still Speaks: Announcing the 2025 Emmanuel Tumusime Mutebile Annual Public Lecture

Published

on

A Legacy That Still Speaks: Announcing the 2025 Emmanuel Tumusime Mutebile Annual Public Lecture, 3rd December 2025, Main Hall, Makerere University, Kampala Uganda, East Africa.

Inaugurated in 2022, Makerere University is proud to announce the 2025 Emmanuel Tumusime Mutebile Annual Public Lecture. On 3rd December, we will celebrate a legacy that continues to whisper its truth into the future. The legacy of Professor Emmanuel Tumusime Mutebile, a man whose life was defined by discipline, foresight, and an unwavering belief in resilient institutions. The lecture will be hosted in the Main Hall of the Main Building from 2:00 pm to 5:00 pm.

This year’s lecture will be held under the theme:

“Shaping Africa’s Future: Intergenerational Leadership, Economic Resilience & the Power of Innovation.”

This theme emerges at a defining moment for Africa. The continent stands at a crossroads, rich in an ever-growing youthful population, natural resources, and emerging technologies, yet simultaneously challenged by economic volatility, climate pressures, leadership transitions, and widening development gaps. The 2025 lecture, therefore, seeks to move beyond commemoration, positioning itself as a strategic space for reflection, recalibration, and forward-looking action.

Why This Theme Matters Now

The issue of intergenerational leadership is no longer theoretical. With over 60% of Africa’s population under the age of 25, the urgency to intentionally transfer knowledge, values, and leadership capacity from established leaders to emerging ones has become critical. Sustainable transformation depends not just on the leaders of today, but on how effectively they mentor, prepare, and empower those who will steward Africa’s future. The lecture explores how this deliberate bridging of generations can strengthen institutions, safeguard ethical governance, and ensure continuity of vision.

At the same time, Africa’s recent encounters with global economic shocks, debt vulnerabilities, currency instability, and climate-induced disruptions have underscored the necessity of economic resilience. The lecture interrogates what it truly means to build economies that do not merely survive crises but adapt, stabilize, and emerge stronger. It engages with the need for diversified economic structures, credible institutions, sound policy frameworks, and leadership that prioritises long-term stability over short-term political expediency.

Equally central to the conversation is the power of innovation, not just in technology, but in policy design, institutional reform, financial systems, and governance models. Africa’s development challenges demand solutions that are context-responsive, scalable, and future-oriented. The lecture, therefore, examines how innovation can be leveraged as a catalyst for inclusive growth, sustainable financing, industrial transformation, and improved service delivery across sectors.

A Timely Platform for Critical Dialogue

The Emmanuel Tumusime Mutebile Annual Public Lecture continues to stand as a distinguished platform convening leaders and thinkers to advance critical conversations on Africa’s future. The lecture has evolved into a platform that convenes policymakers, academics, financial actors, development practitioners, private sector leaders, and youth voices to interrogate Africa’s future through the lens of principled leadership and strategic thinking. The 2025 edition will further reinforce Makerere University’s role as a convener of thought leadership and national discourse on issues of continental significance.

This annual gathering is not simply a memorial event. It is a deliberate invitation to reflect, question, and reimagine how Africa positions itself in a rapidly evolving global landscape. By centring intergenerational leadership, resilience, and innovation, the 2025 lecture challenges participants to confront the realities of today while designing systems that will serve generations yet unborn.

As Makerere University hosts this landmark conversation, it reaffirms its commitment to producing transformative leaders, advancing knowledge, and shaping policies that respond to Africa’s present and future realities.

The 2025 Tumusiime Mutebile Annual Public Lecture will also be hosted on live stream on the Makerere University YouTube page. Link: https://youtube.com/live/e6Ld-0XYLiw?feature=share

Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University

Caroline Kainomugisha
Caroline Kainomugisha

Continue Reading

General

16 Days of Activism Campaign Unveiled

Published

on

Heads of Diplomatic Missions are joined by Dr. Winifred Kabumbuli and Dr. Euzobia Mugisa Baine and other officials for a group photo at the Rugby Grounds on 24th November 2025. Makerere University in partnership with Embassy of Sweden in Uganda and UNFPA in Uganda hosted the "Strides for Change" Activism walk and official unveiling of the 2025 16 Days of Activism campaign on Monday 24th November, 2025.

Makerere University in partnership with the Embassy of Sweden in Uganda and UNFPA in Uganda hosted the “Strides for Change” Activism walk and official unveiling of the 2025 edition of the 16 Days of Activism campaign on Monday 24th November, 2025.

Heads of Diplomatic Missions are joined by Dr. Winifred Kabumbuli and Dr. Euzobia Mugisa Baine (Right) as they march with the banner along Mary Stuart Road. Makerere University in partnership with Embassy of Sweden in Uganda and UNFPA in Uganda hosted the "Strides for Change" Activism walk and official unveiling of the 2025 16 Days of Activism campaign on Monday 24th November, 2025.
Heads of Diplomatic Missions are joined by Dr. Winifred Kabumbuli and Dr. Euzobia Mugisa Baine (Right) as they march with the banner along Mary Stuart Road. Courtesy Photo.

The event was graced by Heads of Diplomatic Missions from Sweden, Australia, Ireland and Germany alongside representatives from UNFPA and UN Women. The dignitaries were received on behalf of Makerere University by the Vice Chancellor, Prof. Barnabas Nawangwe represented by the Dean of Students, Dr. Winifred Kabumbuli together with the Chief Gender Mainstreaming Officer, Dr. Euzobia Mugisha Baine.

Dr. Winifred Kabumbuli represented the Vice Chancellor. Makerere University in partnership with Embassy of Sweden in Uganda and UNFPA in Uganda hosted the "Strides for Change" Activism walk and official unveiling of the 2025 16 Days of Activism campaign on Monday 24th November, 2025.
Dr. Winifred Kabumbuli represented the Vice Chancellor. Courtesy Photo.

Makerere University remains dedicated to creating a safe, inclusive environment and promoting gender equality. Each of us has a role in building a society free from violence,” read the Vice Chancellor’s message.

Present to ensure that the students’ voice was heard loud and clear were members of the 91st Students Guild led by their President H.E. Churchill James Ssentamu. The “Strides for Change” walk that commenced at the CCE roundabout was led by the Heads of Diplomatic Missions and members of Management was at Mary Stuart Hall handed over to the Student leaders who carried the banner all the way to the Impis Rugby Grounds for the rest of the activities.

H.E. Churchill James Ssentamu alongside other Student Leaders hold the "Strides for Change" banner at Mary Stuart Hall. Makerere University in partnership with Embassy of Sweden in Uganda and UNFPA in Uganda hosted the "Strides for Change" Activism walk and official unveiling of the 2025 16 Days of Activism campaign on Monday 24th November, 2025.
H.E. Churchill James Ssentamu alongside other Student Leaders hold the “Strides for Change” banner at Mary Stuart Hall. Courtesy Photo.

Of significant importance was the announcement of Makerere University‘s Dr. Jimmy Spire Ssentongo and Dr. Amon Ashaba Mwiine among sixteen (16) male changes chosen to champion the fight against gender-based violence.

Dr. Jimmy Spire Ssentongo alongside some of the Male Change Makers. Makerere University in partnership with Embassy of Sweden in Uganda and UNFPA in Uganda hosted the "Strides for Change" Activism walk and official unveiling of the 2025 16 Days of Activism campaign on Monday 24th November, 2025.
Dr. Jimmy Spire Ssentongo alongside some of the Male Change Makers. Courtesy Photo.

Mak Editor

Continue Reading

General

Strengthening South-South Academic Partnerships: Makerere University and Binary University Chart a Strategic Path for Innovation, Entrepreneurship and Women’s Leadership

Published

on

A group photo from the left; Puan Sri Datin, Prof. Dr. Rohini Devi, Tan Sri Dato Professor Joseph Adaikalam, Prof. Barnabas Nawangwe, Prof. Sarah Ssali and Al‑Haj Habib Kagimu, Honorary Consul to Malaysia. Makerere University has started preliminary discussions with Binary University of Management and Entrepreneurship (Malaysia) to deepen its global partnerships through high-level engagements, aimed at fostering innovation-driven education, entrepreneurship, and women’s leadership, Main Building, 21st November 2025, Kampala Uganda, East Africa.

A New Chapter in Uganda–Malaysia Higher Education Collaboration

Makerere University has started preliminary discussions with Binary University of Management and Entrepreneurship (Malaysia) to deepen its global partnerships through high-level engagements, aimed at fostering innovation-driven education, entrepreneurship, and women’s leadership. Chaired by the Deputy Vice Chancellor for Academic Affairs, Prof. Sarah Ssali, the meeting explored a structured framework for collaboration that responds to Uganda’s urgent need for skills development, job creation, and industry-aligned learning.

This emerging partnership reflects a shared vision: to move beyond traditional academic models towards a practical, industry-integrated, and entrepreneurship-focused education system that equips graduates with real-world skills and global competitiveness.

Responding to Uganda’s Employment Challenge Through Entrepreneurship

“While chairing the meeting, Prof. Sarah Ssali noted that Makerere University and other Universities, together, currently graduate over 35,000 students annually, yet the private sector creates only about 700 new jobs per year. With an expanding population and intense job competition, where a single vacancy can attract over 4,000 applicants, the urgency for alternative employment pathways is clear.

Makerere’s Innovation Hub and Centre for Entrepreneurship have become critical pillars in addressing this challenge. Through platforms such as the Innovation Expo, now in its third edition and featuring over 600 student exhibitions, the university continues to nurture problem-solvers, innovators, and job creators. This ecosystem aligns strongly with Binary University’s entrepreneurial philosophy, making the Centre for Entrepreneurship a natural anchor point for collaboration.

Binary University’s Industry Specialist Professional (ISP) Model

Binary University brings a unique global model that directly integrates industry practitioners into the classroom. Its Industry Specialist Professional (ISP) programme, operational since 1999, ensures students graduate with skills tailored to specific industry needs. Industry experts with decades of practical experience teach across disciplines such as: Artificial Intelligence and Data Analytics, Oil and Gas, Renewable Energy, Engineering, Film and Media Production to mention but a few.

“ With over 10,500 practising entrepreneurs in its ecosystem in Malaysia, Binary offers students direct mentorship and exposure to active business environments, ensuring graduates are not only employable but also entrepreneurial.” Tan Sri Dato Professor Joseph Adaikalam, the Executive Chairman and Founder, Binary University of Management and Entrepreneurship, noted.

Tan Sri Dato Professor Joseph Adaikalam signs the Vice Chancellor’s Visitor’s book. Makerere University has started preliminary discussions with Binary University of Management and Entrepreneurship (Malaysia) to deepen its global partnerships through high-level engagements, aimed at fostering innovation-driven education, entrepreneurship, and women’s leadership, Main Building, 21st November 2025, Kampala Uganda, East Africa.
Tan Sri Dato Professor Joseph Adaikalam signs the Vice Chancellor’s Visitor’s book.

Key Areas of Proposed Collaboration

The discussions outlined a structured and scalable partnership model anchored on the following areas:

1. Dual and Joint Degree Programmes

  • 2+2 Joint Bachelor’s Degrees in specialised fields through an International Department structure.
  • 1+1 Joint Master’s Programmes including: MBA for Engineers, Renewable Energy MBA and Semiconductor MBA
  • Dual award systems to ensure international recognition and student mobility.

2. PhD and Staff Development Programmes

  • Winter/Summer PhD models in Renewable Energy and Waste Management
  • Nominated students to benefit from 50% tuition waivers
  • PhD pathways tailored for academic staff development

3. Executive Development Programmes (EDPs)

High-impact, short-term programmes targeting senior leaders, featuring joint certification with a focus on AI for CEOs, Global Issues & Entrepreneurship. These EDPs are designed to empower leaders with strategic insight into global trends, innovation, and entrepreneurship.

Placing Women’s Leadership at the Centre

A key pillar of the proposed collaboration is engagement with Malaysia’s Centre for Women’s Leadership (CWL), which focuses on empowering women through entrepreneurship and gender compliance mechanisms.

Puan Sri Datin, Prof. Dr. Rohini Devi, the co-founder and Vice Chairman, Binary University, highlighted the unique opportunities this partnership presents for a Joint women’s leadership training initiative, feminist academic exchanges, gender-responsive entrepreneurship models and an initiative to strengthen Makerere’s Institute of Gender Studies as a regional hub.

This aligns with Malaysia’s progressive gender compliance policies for public funding and women’s leadership development, a model that holds strong relevance for African institutions.

Puan Sri Datin, Prof. Dr. Rohini Devi receives a souvenir from the Vice Chancellor, Prof. Barnabas Nawangwe. Makerere University has started preliminary discussions with Binary University of Management and Entrepreneurship (Malaysia) to deepen its global partnerships through high-level engagements, aimed at fostering innovation-driven education, entrepreneurship, and women’s leadership, Main Building, 21st November 2025, Kampala Uganda, East Africa.
Puan Sri Datin, Prof. Dr. Rohini Devi receives a souvenir from the Vice Chancellor, Prof. Barnabas Nawangwe.

Learning from Regional and Global Best Practices

The meeting underscored valuable lessons from global contexts, including Nigeria’s model, where every graduate leaves with a practical vocational skill, Zambia’s Winter-Summer academic model with tuition waivers, Malaysia’s government investment in higher education and entrepreneurship

These case studies reinforce the need for practical skills as survival tools while graduates transition into formal employment or entrepreneurship.

A Win-Win Partnership for the Future

This collaboration is envisioned as a mutually beneficial model that complements Makerere’s academic strengths while leveraging Binary’s industry-driven approach. It will enhance student mobility, staff exchange, joint research, innovation transfer, and entrepreneurship development, all while maintaining strong quality assurance mechanisms.

As Makerere University continues to reimagine higher education in a rapidly changing world, this partnership signals a transformative shift towards globally competitive, innovation-led, and socially responsive learning systems.

With optimism and strategic intent, both institutions commit to open dialogue, structured implementation, and long-term impact. The Makerere-Binary partnership stands as a powerful example of how South-South collaboration can redefine education, accelerate entrepreneurship, and empower future leaders, especially women, for Africa’s development trajectory.

Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University.

Caroline Kainomugisha
Caroline Kainomugisha

Continue Reading

Trending