General
MURBS Seminar provokes Staff Entrepreneurial Spirit
“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.
Article and Pictures by Public Relations Office
Universities in the 21st century worldwide are increasingly being subject to a number of changes in their operating environment majorly due to rapid technological advancement, changing student demographics, intensifying financial pressures, and heightened accountability demands from governments, donors, and society. Makerere University, as Uganda’s oldest and flagship institution has not been spared the effects of these changes. As such, the increasing need to support national development priorities in the midst of evolving regulatory frameworks, increasing stakeholder scrutiny and expectations necessitates not just response but proactive transformation.
“While graduation numbers and publication counts remain important indicators, our reporting must illuminate Makerere’s transformative impact on Uganda’s development trajectory” remarked the Chairperson of Council, Mrs. Lorna Magara as she delivered her communication at the Top Management Capacity Building Training for Makerere University on 14th August 2025.
The training running from 13th to 15th August 2025 at Speke Resort Munyonyo is aimed at building excellence in 21st Century University Leadership at Makerere through two objectives namely; Strategic Budget Mastery and Implementation Excellence, and Comprehensive Management Excellence and Skills Enhancement. “We must explicitly demonstrate how our work advances Uganda’s Vision 2040 and the National Development Plan IV priorities, especially the four-way growth strategy,” rallied Mrs. Magara.
The Chairperson of Council was making reference to Government’s earmarking of Agro-industrialisation, Tourism development, Mining and minerals development, as well as Science, Technology and Innovation (ATMS) as priority areas to propel Uganda’s economy to a US$500billion one by 2040. Describing the workshop as timely in enabling Makerere appreciate her role in these national aspirations, Mrs. Magara who had in an earlier engagement met with College Principals called for increased collaboration across various disciplines.
“This afternoon’s conversations with our College Principals reaffirmed my confidence in the calibre of leadership we have; their energy, commitment – and we have made some commitments, and candid reflections demonstrate the openness and determination needed to keep Makerere at the forefront of higher education” she affirmed.
Quoting world-renowned Management Consultant Peter Drucker who said “What gets measured gets managed” she added, “However, at Makerere, we elevate this principle and say, ‘what creates impact gets sustained’.” In this, she drew attention to the fact that budget execution is a shared responsibility of all leaders who beyond ensuring accountability for funds allocated ought to adopt results-oriented management.
“Traditional reporting that merely chronicles expenditure and activities is insufficient” said Mrs. Magara, adding that “we require evidence of tangible impact.” She further noted that every leader invited to take part in the training by virtue of their position holds a critical multiplier effect that ought to be felt by those they lead. “Everything rises and falls on leadership” she reminded, citing John Maxwell’s 21 irrefutable laws of leadership.
Earlier, the Vice Chancellor Prof. Barnabas Nawangwe who officially opened the training noted that Makerere is already fulfilling her part in terms of producing quality human resource for the region and increasing her research output in partnership with leading institutions globally. He nevertheless underscored the need for the training, which is aimed at nurturing transformational excellence in leadership and strategic management. This excellence, according to the training objective, ought to be demonstrated through strategic budgeting and budget execution, human resource management, statutory reporting and compliance, procurement optimisation, and comprehensive legal compliance frameworks.
Prof. Nawangwe who appreciated the good work currently done by staff in line with achieving institutional and national objectives nevertheless encouraged participants to continue working with diligence. “Continue loving Makerere, continue working well for Uganda, for Africa, so that we can move our people out of poverty in the shortest time possible.”
Subsequent sessions following the official opening covered; Key issues and lessons from the Financial Year (FY) 2024/2025 budget execution, Highlights of the approved Budget for FY 2025/26, Budget execution guidelines for FY 2025/26, and focus on key budget outputs and reporting.
Tackling key issues and lessons from the recently concluded Financial Year, the University Secretary, Mr. Yusuf Kiranda outlined technical challenges such as: Budget transitions that moved funds for allowances from teaching units, Budget credibility in relation to cashflow planning, Adherence to approved budgets and workplans, Accountability for funds disbursed versus quarterly deadlines, Budget reporting in line with approved workplans, and Responsiveness to audits, and the need to do better in the present financial year.
Highlighting key issues from the approved budget for FY 2025/2026, the University Bursar, Mr. Evarist Bainomugisha noted that Makerere’s allocations are aligned with NDP IV and are aimed at fostering growth in the four priority areas (ATMS). “How do we ensure that we support these areas as Makerere University?” he prompted.
Delving into a few specifics, the University Bursar noted that Government allocated approximately 33.9billion shillings to the Development budget. This, he noted will cover; the College of Business and Management Sciences (CoBAMS) Infrastructure Expansion, Acquisition of Computers for Colleges, Administrative Units and Smart classrooms, Furniture for Colleges and Administrative Units, E-resources for the Library, Renovation of CCE Hall, Office Equipment, Renovation of selected Halls or Residence, Repairs at the College of Veterinary Medicine, Animal Resourses and Biosecurity (CoVAB) Building, ICT Equipment, Digitalisation of Financial Management, Extension of Street lighting and Automation of switching system, among other undertakings.
Sharing Budget execution guidelines for the current financial year, the Deputy University Secretary, Mr. Simon Kizito outlined the need for Units to adhere to policy directives regarding; fiscal consolidation in terms of following workplans to the letter and ensuring timely collection of non-tax revenue (NTR) such as payment of tuition. Also emphasized was the need for units to honour timely payment of taxes and statutory deductions such as pay as you earn (PAYE), value-added tax (VAT) and withholding tax (WHT).
In line with administrative guidelines, Mr. Kizito urged colleges to ensure that their finance committees meet before any expenditure is approved. He equally urged units to avoid getting into situations that necessitate virement and change of workplans, noting that this was heavily discouraged by the line Ministry of Finance, Planning and Economic Development.
Handling the day’s final topic; focus on key budget outputs and reporting, the Acting Deputy Chief, Planning and Development, Mr. Emmanuel Kitamirike emphasized the need for units to quantify what they seek to achieve, the budgets required to achieve expected results, and at the end of the budgeting period, a report on what was done, and the reasons for variation of expected performance, if any. On how this can be achieved, Mr. Kitamirike proposed; the need for University Secretary’s Office to share copies of final approved planning, reporting and budget documents with the implementing units, as well as the need for unit heads to examine workplans and begin the reporting process early, and where necessary revise workplans for upcoming quarters.
The highlight of the day’s sessions was an opportunity for Mrs. Lorna Magara to bask in the limelight as participants sung Happy Birthday to their Chairperson of Council. Council Member and Head of the Institute of Gender and Development Studies (IGDS), Prof. Sarah Ssali who moved a vote of thanks appreciated Mrs. Lorna Magara for choosing to spend a significant amount of time on her special day speaking to Principals and staff.
The final day of the training will cover Human Resource Matters, with special communication from the Chairperson Appointments Board, Mr. Edwin Karugire. Also set to be covered are the procurement function of public entities and key legal matters in university operations.
At an orientation for Postgraduate students held at the Yusuf Lule Central Teaching Facility Auditorium on 11th August 2025, the Academic Registrar and Acting Deputy Vice Chancellor in charge of Academic Affairs, Prof. Buyinza Mukadasi, reiterated Makerere University’s readiness to avail all the necessary support to ensure timely completion of various programmes. He underscored the contribution of research conducted by Makerere to national development priorities and urged Postgraduate students to play their role in making this influence more impactful.
Picking up from where Prof. Buyinza left off, the Director, Directorate of Graduate Training, Prof. Julius Kikooma reassured students that “Makerere University has all the resources to facilitate you through the academic journey of your graduate studies.” He equally further advised that “The Graduate Handbook is your bible that will guide you through your academic programs,” given its comprehensive reference to policies, procedures, and resources that support students during their graduate journey.
In his remarks, the Director, Prof. Robert Wamala introduced the Directorate of Research, Innovations, and Partnerships (DRIP) and outlined its role in guiding students in research. He explained DRIP’s primary functions, which include promoting and coordinating research activities, innovation and technology transfer, and overseeing research ethics and integrity. The Directorate also enhances research capacity and infrastructure, secures funding, and manages partnerships. He stressed the importance of understanding and following key university policies such as the Research and Innovations Policy and the Intellectual Property Management Policy. Prof. Wamala explained that the Intellectual Property Policy ensures that “IP created by a student in the course of study at the university, will be owned by the student,” adding that, “whatever you develop through the course of your study belongs to you and not the university.” He further encouraged students to protect their ideas and innovations through proper registration and documentation.
Dr. Godfrey Kawooya Kubiriza, from the Department of Zoology, Entomology & Fisheries at the College of Natural Sciences (CoNAS), discussed the importance of aligning research with relevant Sustainable Development Goals (SDGs) to ensure it remains current and impactful. He advised students to be cautious of peers who might negatively influence their studies and urged them to co-create with stakeholders to ensure their research has a clear impact. He also emphasized translating research evidence into policy briefs and building interdisciplinary and regional networks, encouraging connections with colleagues from East Africa, West Africa, and Europe for future collaborations and career development.
The Head ICT Division, Office of the Academic Registrar, Dr. Mike Barongo welcomed the students and underscored the importance of downloading admission letters from the portal, as these contain student numbers necessary to activate the student portal. He highlighted that enrolment is key to knowing the fees to be paid and to creating a Makerere University email address. In case of challenges, students were encouraged to seek help from college registrars or the Directorate of ICT Support. “The College of Computing has a support center at the basement of Block A, where students can get assistance,” he said.
The Deputy University Librarian, Dr. Kizito Ongaya, provided an overview of library services, noting significant changes compared to the 1990s and early 2000s. He outlined various training programs, including Reference Management Tools and Plagiarism Detection, and stressed the importance of using the available resources. “There are over 40 online libraries that we pay for. We pay over 1 billion shillings per annum to subscribe to these libraries, and you need special training so that you are able to access these,” he said. He also shared the library website, https://mulib.mak.ac.ug/ as a valuable resource.
Mr. Henry Nsubuga the Head of Counselling and Guidance Services addressed mental health and well-being, especially for PhD and Masters students, noting the significant mental toll of such programs. He pointed out that over 40% of graduate students experience depression, anxiety, and stress, and urged them to seek help early. He advised against internalizing negative feedback, suggesting instead that criticism be reframed as external rather than personal. He also encouraged positive self-talk to maintain motivation.
Ms. Diana Nabikolo, the Safeguarding Liaison Officer, briefed students on the Safeguarding Policy launched in April, which complements 11 other safeguarding policies available on the university policies website. She explained that the policy addresses various forms of abuse—physical, emotional, and neglect—as well as infrastructure-related concerns. She mentioned the presence of Safeguarding Champions in each college, both staff and students, who may assist in logging cases into the Makerere Safe Space and determining whether an issue qualifies as a safeguarding concern.
The Registrar at the Directorate of Graduate Training Ms. Caroline Nannono Jjingo explained the Directorate’s presence at all colleges and its coordination role with college and school registrars. She clarified the difference between enrolment and registration, noting that enrolment signifies acceptance of the study offer and triggers billing, while registration must follow enrolment. She also outlined the official withdrawal process, which can be prompted by financial challenges, illness, or job opportunities. Students were advised to formally notify the university to avoid being marked absent. “Withdrawal can only occur after registration,” she said, adding that students should inform the university if they plan to return.
The event was moderated by the Managing Editor Makerere University Press Dr. William Tayeebwa, who also doubles as a Senior Lecturer in the Department of Journalism and Communication, College of Humanities and Social Sciences (CHUSS). It follows a similar orientation session for undergraduate students held on 4th August 2025.
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