General
MURBS declares 12.6percent interest rate at Third AGM
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.”
The 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.”
The 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 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 
Deed 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, 
they 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.
Regarding 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.
According 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.
“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.
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
Makerere University has today Wednesday, 9th June 2025 officially unveiled NCBA Bank Uganda as the Platinum Sponsor of the Makerere University Endowment Fund (MakEF)’s flagship initiative – the Makerere University Marathon. Formerly known as a fun run, the initiative was rebranded on 27th March 2025 during the launch of its Fifth Edition. This year’s event, #MakRun2025, is slated for 17th August 2025 under the theme “Run the Hills for the Future”.
Addressing the Media at a press conference this afternoon, the MakEF Board Chairperson, Dr. Maggie Kigozi remarked, “We are deeply honoured and excited to unveil NCBA Bank Uganda as the Platinum Sponsor of #MakRun2025, with a landmark commitment of UGX 1.45 billion over the next five years.”
Dr. Kigozi further described the unveiling as “a strategic partnership built on shared values and a common vision for inclusive education and sustainable impact,” adding that it would “fast-track the establishment of a fully equipped Disability Support Unit for students living with disabilities, and to build a sustainable pool of funds to support Economically Disadvantaged Students.”
Appreciating the generous sponsorship, the Vice Chancellor, Prof. Barnabas Nawangwe acknowledged that NCBA Bank had not only made history as the biggest corporate sponsor of #MakRun to date but also aligned with Makerere’s vision to improve the quality of student life. “This is a powerful gesture of trust in our mission and a demonstration of deep corporate citizenship”, he added.
Prof. Nawangwe further thanked NCBA for recognizing that an investment in Makerere University is an indirect investment in the future of Uganda. “The Makerere Marathon is not just a race. It is a movement to establish a fully-fledged Disability Support Unit for students living with various forms of disabilities, and to build a sustainable fund for Economically Disadvantaged Students.”
The Vice Chancellor therefore rallied staff, students, alumni, partners and friends of Makerere to match NCBA’s generous support with vigour and commitment, so as to make #MakRun2025 the most impactful edition since its founding.
The Chief Executive Officer, Mr. Mark Muyobo thanked Makerere University for giving NCBA Bank Uganda the opportunity to play its part in “shaping Uganda’s future one student, one community, one strength at a time,” adding that #MakRun is a symbol of hope for students living with disabilities as it speaks to Makerere’s core values of inclusion, equity, and excellence.
On a rhythmical note, Mr. Muyobo remarked that the #MakRun2025 theme is “not just about finishing lines, it is about opening doors; giving opportunities to those who are disabled. It is about promoting active lifestyle.”
#MakRun2025 will for the first time feature a full 42.2km marathon race with international accreditation and professional timing along a dedicated traffic-free route.
“These are not just upgrades, these are bold steps towards building a world-class international marathon right here in Kampala. We are proud to be the wings at your back as you take this leap because when Makerere University, the beacon of higher learning in Uganda grows stronger, the ripple effects are felt across the region and across the continent” Mr. Muyobo affirmed.
To officially seal the deal, a Memorandum of Understanding was officially signed between Makerere University and NCBA Bank Uganda, and thereafter, a dummy cheque of UGX 1.45 billion was presented to Dr. Maggie Kigozi as the Vice Chancellor, Members of Management and NCBA staff witnessed.
General
Directorate of Graduate Training Empowers PhD Supervisors with Academic Supervision Training
By Moses Lutaaya
The Directorate of Graduate Training (DGT) in conjunction with CARTA’s Emerging and Re-emerging Infectious Diseases (TERID) Research Hub and the East– Spark Project completed a two days Doctoral (PhD) academic supervisors training under the theme: “Empowering Academic Supervision Training in Eastern Africa: Sparking Potential, Advancing Research, and Knowledge (EAST-SPARK).”
The training took place between 2nd and 3rd July 2025 at the College of Business and Management Sciences’ (COBAMS) School of Business conference hall.
In his opening remarks, the Director of Graduate Training Prof. Julius Kikooma challenged the team to set clear and manageable objectives for graduate students under their supervision so that they can complete their doctoral studies on time.:
“Set expectations at the beginning of the research journey of PhD students under your supervision. Resist working with students that are not objective. Set a time frame with in which the student is able to do their research so that they are able to finish their doctoral studies on time.”
He added, “The issue of supervising graduate research is very vital because there needs to be seamless progression of the graduate students.”
Prof. Kikooma further highlighted that the target in the strategic plan is to have 30% graduate students enrolled in the next five years. Currently, it is about 17%.
“We need to get everything right in this training. Our biggest issues are in the supervision process flow of the graduate students. Graduate supervisors need to listen to students and equally the students need to listen to the supervisors. The graduate supervision journey is simple with open communication and immediate feedback between the two parties.”
This will help us in creating a new breed of academia and researchers that Makerere university and the country as a whole need.”
Prof. Kikooma further added “Take the excellence you have to represent the university. Ensure you have all they policies on your fingertips so that you guide the students well.”
In his remarks, Prof. Ibrahim Okumu (representing the Principal, COBAMS) said that such a training was necessary and it was a right move towards standardization of doctoral training in the region.
“What does it take to standardize doctoral and graduate studies? We need to create unison in the region and learn by doing. Doctoral studies are vital and cannot be taken for granted. We need to continue creating critical thinkers ready to nature research programs. These trainings are enablers in this journey.”
He added, “Let us blend the old and young birds in this training so that we share knowledge and experience to nature and grow the dreams of the doctoral students. Nature the inner person, not imposing yourself on to the student. Enable them to open up while doing their research and they will have a good and seamless doctoral academic journey.”
Dr. Drago Kato Charles, a trainer and a senior Lecturer at the Department of Biomedical Laboratory Technology at CoVAB said, “These trainings are continuous professional development programs aimed at refreshing doctoral supervisors every now and then. They are vital and needed by the mixture of the young, intermediate and senior supervisors.”
He added, “These senior supervisors share knowledge and experience on what is going on in the world of education. The young come to learn from old supervisors. The goal is to increase completion and quality of the PhD output. In totality, such a training aims to improve quality and mentorship on how to facilitate and handle graduate student supervision.”
He added that the trainees were taking the obtained skills to their schools and colleges to produce more quality doctoral and graduate students which would lead to growth of economies since every country needs PhD researchers to drive economic transformation and policy developments as well as implementation.
Dr. Peter Ssenkusu, a senior lecturer in the Department of Foundations and Curriculum studies in the School of Education said, “The training modules are extensively researched. The areas covered are very pertinent for doctoral supervision.”
Dr. Stephen Ojiambo Wandera, a facilitator and a Senior Lecturer at the Department of Population Studies in the School of Statistics and Planning at COBAMS added, “The vision for Makerere University is to be a research led institution. To be research- led university, we need to promote graduate teaching and learning. To achieve this, graduate students need supervisors that are well trained and skilled. We will also continue to do retooling for experienced supervisors.”
Dr. Byaruhanga Micheal Bruce from the Department of Biochemistry and Tourism, a lecturer and a participant said, “Whoever thought about this training did something very important. I thought all I was doing in supervision was normal until this training came. I did not know that some issues I knew would let the students off the course while others would keep them on. I want to ensure that all I have learnt is put into action. The modules have been very enriching. We need more of such trainings, probably for more than two days.”
Dr. Tukae Mbegalo, a guest trainer from Mzumbe University in Tanzania said, “The training is very relevant considering the diversity of the participants which include the young and senior researchers because of sharing the experiences which include delays and the relationships between supervisors and supervisees.” He added, “As supervisors, our emphasis is on scientific writing which we should instill in the students. Scientific writing leads to consistency right from problem setting, objectives, methodology and aligning it to the results so that we improve the quality of the doctoral outputs.”
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