“Retirement goes beyond simply choosing a date to retire” were some of the words of wisdom that echoed across the Makerere University Main Hall during the second retirement planning sensitization seminar. As part of its Member Education series, the Makerere University Retirement Benefits Scheme (MURBS) held the seminar on Tuesday 18th March 2014, organized as a way of helping members devise the best plan for their retirement. The MURBS Board of Trustees (BoT) lined up a panel of speakers namely; Mr. Fulgence Mungereza, Mrs. Edna Rugumayo and Mr. Kaka Sudesh, with the promise to tickle, excite and educate.
Welcoming scheme and BoT Members present to the seminar, the Secretary BoT, MURBS, Dr. John Kitayimbwa emphasized the need to have a panel representative of at least three age groups so as to best cater for all Members, the target range being 20 to 70 years. In her opening remarks, the Chairperson, BoT, MURBS Hajjati Fatumah Nakatudde encouraged the audience to always reflect on retirement as a time enjoy the benefits of their hard work and hence prepare adequately for it.
“I encourage each and every one of us here to always seriously; assess your readiness to retire, identify actions to improve your readiness to retire, acquire adequate financial planning knowledge and most importantly develop a saving culture for your retirement,” counseled Hajjati Fatumah Nakatudde.
The first panelist at the seminar Mr. Fulgence Mungereza, a partner with Mungereza and Kariisa, a certified public accounts firm, thanked Members for taking time to attend the event, noting that eminent people especially those employed by Makerere ought to start preparing for retirement as early as the first day at work. “Planning and saving starts now,” emphasized Mr. Mungereza, further noting that “Few retirees live comfortably afterwards, with some being entirely devastated as retirement seems to catch them by surprise!”
He noted the dangers of overdependence on salaries and encouraged the audience to always devise means of securing a side income. Mr. Mungereza who delivered his presentation in a matter-of-factly way then challenged the members especially Men to always consider their partners when making investment decisions. “Working secretly is dangerous! The first partner is your wife,” he wisely counseled.
Mr. Mungereza encouraged the audience to adopt a saving culture, noting that it is not about the amount but the habit “wealth is a function of savings not earnings,” he elaborated. He cautioned members to always review the status of their assets so as to ascertain what to do with them. “Get out of bad debt. Do not borrow a “Cheap debt”; for the sake of servicing expenses.” He instead advised that members should adopt measures like mortgaging their property for the sake of garnering investment capital. Mr. Mungereza concluded by urging all members to write their wills so as to keep their hard-earned money within the family. He commended the audience for investing in quality education for their children but warned against depending on them for their retirement. “Children are a good investment but they may ignore you in your latter years,” he said.
Mrs. Edna Rugumayo, also a Certified Public Accountant (CPA) and the ICPAU-nominated MURBS BoT Member then gave her contribution on preparing for retirement as the second panelist of the day. An alumna from the School of Statistics and Applied Economics, Makerere University, Mrs. Rugumayo advised the audience against regarding retirement from Makerere as the complete cessation of active employment. Using her own example as a recent retiree, she noted that we were enjoying a higher standard of living than our forefathers and hence living longer, a factor that necessitated us to carefully plan for retirement. “Planning for retirement is planning for life,” she aptly stated.
Regarding the need to ensure that members lived a well-balanced life, Mrs. Rugumayo offered a few words of wisdom to the younger crop of MURBS members, who unfortunately were sparsely represented in the audience. “Do not wait to marry late, for in so doing, all your problems will be delayed.” She encouraged all present to keep on improving their qualifications so as to avoid going into obsolescence. Recognizing the need to set goals in all aspects of life including one’s income and expenses, Mrs. Rugumayo advised that every goal should be accompanied by a plan or else it would simply remain a wish. “Set long-term goals for your life and then set short-term goals on how to get there [incrementally]. Do not be disappointed when you fall short of your goals but instead have a personal change management plan to help you adjust accordingly,” counseled Mrs. Edna Rugumayo.
She also observed that personal financial planning is an aspect that is closely linked with our lifestyles. In this regard, Mrs. Rugumayo recommended that saving ought to be thought of before spending, noting that saving can only work as a culture. “Draw up a personal saving plan and stick to it. Mandatory saving is good but insufficient because the benefits are received only at the end and will not save you in the event of an emergency,” she advised.
On the subject of where we ought to keep our savings, Mrs. Rugumayo summarily but with the wisdom of one very knowledgeable on the subject said, “At worst, save in the bank. Savings dwindle with time and in the long run, you are enriching the bank,” she pointedly noted. She instead advised members to consider tried and tested avenues like land banking which has been discovered to be lucrative saving vehicle in Uganda. She also advised members to consider investing in Government securities like bonds and treasury bills. And whereas the small business sector is regarded as the least capital intensive, the former Assistant Commissioner Finance at the Uganda Revenue Authority (URA) advised that Members should first seek to acquire specialized knowledge on the intricacies of their operations prior to investing in them.
In concluding her presentation, Mrs. Rugumayo noted that there is no one-size-fits-all solution for investment. She also advised that annuity; a fixed sum of money paid out by the Government to retirees each year, is not very well developed in Uganda and advised against totally relying on it.
The third and final panelist of the day and arguably the most energetic then took to the stage and encouraged members to get up and stretch before he could start his presentation. The 31 year old Business Coach and Keynote speaker who retired at only 24 then dared anyone to doze off during his presentation, as he walked to and fro the aisle in the Main Hall. The CEO at Sudesh International Consult Ltd and Graduate of Makerere University then launched into his presentation by defining that a business should be commercial, profitable and above all able to work without your presence.
As one who started doing business at only 10 years of age thanks to a well-established culture of business-minded parents and grandparents, Mr. Sudesh shared that he had lost it all so many times before but most importantly, had learned valuable lessons that continue shaping his business engagements to date. “The most important thing is to get and keep customers,” he shared as one of the lessons learned. He further noted that the principles of good business ought to come first and once mastered, can be applied across varying scenarios for they are more or less the same.
Mr. Sudesh by virtue of his profession meets a lot of business owners and practitioners. He noted that during one such engagement, he more than ever before learnt to respect the distinction between the two-sided nature of business; technical and managerial. He advised business owners and those intending to start to always identify their strength as either technical or managerial and then proceed to employ someone else to handle the side that they were less skilled at. In so doing, they would then be able to avoid stifling the business’ growth, “You cannot do it all. You need partners to carry your business beyond your own dreams,” he advised.
The best timing of when to go into business is a decision that beleaguers one too many. To this end, Mr. Sudesh advised members to always take the initiative to start now, as the conditions will never be 100% perfect. He however advised that once up and running, one ought to treasure their employees, “People matter the most. How you treat your team is the key to your success or failure.” In concluding his presentation Mr. Sudesh asked the audience to always ponder on the three questions; Are you [as a business owner/manager] seeing what is or what you hope for? Are you [as a business/product] remarkable or invisible? Are you [as a business/product] growing or dying?
At the conclusion of the presentations, the audience was given the opportunity to ask questions, which ranged from why one who has worked very hard all their lives should not just simply enjoy their savings, to how to purchase Government securities. In their responses the panelists and BoT Members advised the audience to always look at work as pleasure and even after retirement, to go into those business ventures that are fulfilling. MURBS Members also received advice from Prof. James Ntozi, Chair, Makerere University Pensioners Association (MUPA) to always be united in their demand for good retirement packages from both Makerere University and the Government.
At the conclusion of the seminar the Chairperson, BoT, MURBS Hajjati Fatumah Nakatudde thanked the panelists for their respective great deliveries and members for turning up to receive sound investment advice. She further encouraged members to increase their monthly savings to MURBS. “Mandatory savings currently being deducted are very small. Let us each try to make additional voluntary savings,” she said. The Secretary BoT, MURBS, Dr. John Kitayimbwa reiterated Hajjati Nakatudde’s appeal by sharing that “Last year, MURBS paid out 12.6% interest to members, which was above inflation and 1% more than what NSSF paid to its members.”
The next seminar in the series will feature the MURBS fund managers, who have expressed willingness to come and educate members on how to invest in equities and Government securities. Members are advised to come and attend these trainings to improve their knowledge on sound Financial investment.
Kampala, April 10, 2026 — College Registrars and Senior IT Technicians at Makerere University have undergone intensive, hands-on training in the Research Information Management System (RIMS), in a move aimed at strengthening graduate training, improving completion rates, and advancing the university’s research agenda.
The training, held on Friday at the CFT 2 Building, Lecture Room 4.1 Computer Lab, brought together key custodians of academic records to gain practical skills in using the system that university leadership says will transform graduate education management.
In his opening remarks, the Director of Graduate Training, Julius Kikooma, underscored the strategic importance of RIMS, linking it directly to the university’s long-standing challenges in tracking graduate students and supporting research progression.
“Graduate training is central to the research mission of this university,” Prof. Kikooma told participants. “Yet for years, we have struggled to answer simple but critical questions, where exactly are our graduate students in their academic journey, and why are many not completing on time?”
He pointed out that the issue has consistently drawn concern from top university leadership, including Council, particularly as Makerere rolls out its new five-year strategic plan. “One of the key priorities identified is improving graduate completion rates,” he said. “But we cannot improve what we cannot measure.”
Prof. Kikooma explained that unlike undergraduate programmes, graduate studies are largely research-driven and therefore more complex to monitor. “The research component of graduate programmes has not been adequately captured in any system,” he noted. “That is why it has been difficult to track progress, supervise effectively, and provide accurate reports.”
Prof. Julius Kikooma.
Positioning RIMS as a transformative solution, he emphasized its role in bridging this gap. “RIMS is not just a system, it is the backbone of how we are going to support graduate students and research going forward,” he said. “With it, we can track every stage, from concept development to proposal, to thesis completion in real time.”
He stressed that the system will enhance both efficiency and accountability across the university. “This is the tool that will enable us to confidently assure Council and management that we know the status of every graduate student at any given time,” he said.
However, Prof. Kikooma made it clear that the success of RIMS depends heavily on the commitment of college registrars. “You are the custodians of graduate records. You are central to this process,” he said. “If RIMS succeeds, it will be because of your efforts. If it fails, it will be because you did not play your part.”
He revealed that registrars will now form part of the steering committees overseeing the full implementation of RIMS across university units. “You are not just users of this system, you are its drivers at the college level,” he emphasized.
Calling for seriousness and full participation, Prof. Kikooma set clear expectations for the training. “No one should leave this room without knowing how to use RIMS in their daily work,” he said. “You must understand the kind of data required, the information on students, supervisors, and every stage of the research process.”
He added that incomplete data has already limited the system’s effectiveness in some units. “Graduate students are already on the system, but some of the critical information is missing,” he noted. “That gap must be closed by you.”
In his technical presentation, Juma Katongole, the Manager Information Systems, highlighted the limitations of existing systems and how RIMS is designed to address them.
Mr. Juma Katongole.
“We can only produce accurate statistics for students on coursework,” he said. “But we cannot tell how many graduate students are at proposal level, concept level, or thesis level. That is a major gap.”
He explained that RIMS will provide comprehensive, real-time tracking of graduate students throughout their academic journey. “This system will enable us to produce accurate reports of which student is where,” Katongole said. “It will help us identify delays and take action.”
On the issue of prolonged completion times, he added, “With reliable data, we can see where students are getting stuck and introduce administrative or strategic measures to address those bottlenecks.”
Describing the system as a turning point, Katongole noted, “We are moving towards having valid statistical information at our fingertips, which is critical for a research-led institution.”
From the administrative perspective, Eleanor Nandutu, Senior Assistant Registrar from MISR, welcomed the initiative, describing it as a practical solution to long-standing inefficiencies.
Eleanor Nandutu.
“RIMS will ease the tracking process and help us know exactly where each student is and how long they take at each stage,” she said. “It will also help us understand where the challenges are and how to better support students.”
She emphasized that the system will improve completion rates by identifying bottlenecks early. “We shall be able to see where we are stuck and take corrective action in time,” she noted.
Addressing concerns about possible conflict of interest between supervisors and students, Nandutu clarified that the system is designed to enhance transparency, not create tension. “This is about ensuring that processes are followed and that students succeed,” she said. “It brings everyone, administrators, supervisors, and coordinators onto one platform.”
She added that the system will even improve interaction between students and supervisors. “It will make follow-ups easier and ensure timely feedback, which is critical for research progress,” she said.
As the university intensifies efforts to strengthen its research output and graduate training, the hands-on RIMS training marks a significant step toward a more efficient, transparent, and data-driven academic environment, one that leaders believe will finally address the long-standing challenge of delayed graduate completion.
Applications are hereby invited for the 2026 Hainan International Youth Cultural Exchange Program, hosted by Hainan University.
Theme: “Youth Nexus: Bridging Horizons in the Free Trade Port”
Dates: May 19 – 26, 2026
Location: Hainan Province, China
Highlights: The program offers immersive visits to the Free Trade Port, academic exchanges, and cultural explorations (including Wenchang Space Center and China (Hainan) Museum of the South China Sea).
Accommodation, meals, and local transport are fully covered.
Application Deadline: Please submit your application by April 17, 2026.
Eligibility: Students, young faculty, and youth representatives aged 18–40 with proficiency in English are welcome to apply.
Please note: Interested students must purchase their own air tickets.
Pupils, parents and authorities at Bwera Primary School in Kabale District were filled with joy as the Mastercard Foundation Scholars Program at Makerere University, in partnership with dfcu Bank, handed over a four-classroom block to the school.
Speaking during the commissioning ceremony, one of the parents, Saison Tumukuratire, expressed gratitude for the support.
The four-classroom block at Bwera Primary School.
“We thank God for this gesture. Our children can now attend classes without interruptions caused by rain. Previously, whenever it rained, lessons would stop. The old building was on the verge of collapsing, had no windows, and the floor was dusty,” she said.
Uganda has made significant progress in expanding access to education through Universal Primary Education (UPE); bringing millions of children into school. However, in hard-to-reach communities, physical access and the quality of learning environments continue to shape how effectively that opportunity translates into consistent attendance and meaningful outcomes.
The four-stance modern pit latrine.
Bwera Primary School, a government-aided institution located in the remote and hard to reach village in Kahama Sub-County, has an enrollment of 275 pupils. For decades, the school has faced significant challenges related to access and infrastructure.
With no road access and limited infrastructure, the school has long struggled to provide a conducive environment for learning. Efforts to improve facilities have often been constrained by high transportation costs and logistical barriers; with some contractors previously declining to take on construction work due to the difficulty of accessing the site.
The access to Bwera Primary School.
“The school structures are not sufficient for our learners, and we do not have a single staff house. We are deeply grateful to the Mastercard Foundation Scholars Program and dfcu Bank for coming to our rescue after the school’s plight was highlighted in the media,” Edson Bikorwomuhangi, the headteacher, said.
On Wednesday, April 1, 2026, the Mastercard Foundation Scholars Program at Makerere University and dfcu Bank officially handed over the new facilities. These include a four-classroom block equipped with 60 bench desks, a four-stance modern pit latrine, and a 10,000-litre rainwater harvesting system.
The 10,000-litre water tank, an integral part of the rainwater harvesting system donated by the Jane Goodall Institute.
The new infrastructure is expected to significantly improve the learning environment and support better educational outcomes for the pupils.
Since 2014, Mastercard Foundation Scholars at Makerere University and alumni have contributed to communities across Uganda by constructing classrooms, providing clean water and supporting vulnerable communities.
Speaking at the event, Mr. Nelson Dumba, the Chairperson of the Scholars giveback Committee, noted that the event was not about commissioning structures, it is about celebrating impact, partnership and the power of giving back.
Mr. Nelson Dumba.
“As scholars we are deeply aware that we are beneficiaries of opportunity, and because we have been given a chance, we carry a responsibility to extend that opportunity to others and contribute meaningfully to the communities that shape us,” Mr. Dumba, said.
Mr. Dumba called upon the Bwera community to take ownership, protect the property, and ensure that it continues to serve generations to come.
“To the pupils of Bwera Primary, this investment is for you, use it well, take care of it and believe in your dreams. You are capable of achieving better outcomes,” Mr. Ddumba, said.
Pupils seated on some of the desks.
One of the central pillar of the Scholars Program is community service and giveback, grounded in the belief that leadership is best demonstrated through service to others.The Scholars Program is not only about access to education, it is about transformation and impact.
In her speech, Ms. Jolly Okumu, the Program Operation Lead of the Mastercard Foundation Scholars Program at Makerere University, noted that through mentorship and structured engagement, Mastercard Foundation Scholars are encouraged to initiate community-driven projects, improve livelihoods, promote inclusion and foster sustainable development.
“Today is not just about handing over infrastructure, it is a celebration of partnership, shared purpose and our collective commitment to improving learning environment for young people. It reflects our belief that when institutions and communities come together, we can create lasting impact and open up greater possibilities for the next generation,” Ms Okumu, said.
Pupils perform for guests.
Ms Okumu extended special appreciation to the Jane Goodall Institute for providing a 10,000 litre water tank and dfcu Bank for a financial contribution of UGX 20Million used to renovate two classrooms and purchase desks.
“As we officially hand over this project, we hope these improved facilities will provide a safe environment and a space conducive for learning. Our Scholars are not just beneficiaries, they are committed to building a stronger and more inclusive communities,” Ms. Okumu, noted.
Speaking on behalf of dfcu Bank, Ms Helena Mayanja, the Head of Corporate Affairs and Sustainability, noted that the giveback project reflects the Bank’s commitment to elevate education, financial literacy and health in intended communities.
Ms Helena Mayanja.
“The journey to the school itself reflects the realities these children face every day. Improving infrastructure in such communities is essential to ensuring that access to education translates into real learning outcomes,” she said.
dfcu Bank has various partnerships and programs targeting vulnerable and hard to reach communities which are aimed at elevating financial literacy, health and education.
Kabale District Education Officer, Mr. Moses Tumwijukye Bwengye welcomed the development, noting that previous efforts to upgrade the school had failed due to inaccessibility.
Mr. Moses Tumwijukye Bwengye.
“We thank our partners for renovating this classroom, with these projects, results are going to change because now the learning is conducive. Before contractors were unable to take on the work because of the terrain. Partnerships like this are important in unlocking development in hard-to-reach communities and improving education outcomes,” Mr. Tumwijukye, said.
Parents speak out
Evidence Tumwebaza, who has a child in Primary One noted that the infrastructures are going to help them improve the school’s sanitation.
“The tank is big and I am happy that my child will now study in a conducive environment and will have clean water for drinking,” Tumwebaza, said.
Ann Turyasima, a parent and former pupil said that the project is going to help pupils to stop carrying water from a long distance.
“These pupils have been moving from down the valley to go and fetch water for the school but now everything is here. They can now concentrate in school.”