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MURBS Prepares Members for Retirement and Launches Biometric Registration

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“Financial planning leads to financial freedom. A financial plan is very important for every successful worker. Some of us work very hard, but we don’t find time to plan for the money we get. You have to plan for your money to ensure that you have a rest and peace of mind. You should not spend more than what you earn,” highlighted Mr. Joseph Njuguna, the Manager of Scheme Operations at Octagon Africa, a Pension Consultancy firm.

Mr. Njuguna emphasized the importance of a financial plan in the course of preparing for retirement during the Makerere University Retirement Benefits Scheme (MURBS) Sensitization Seminar held on Tuesday 26th April 2016 at Makerere University.

“We all need to do something, save as much as you can in the pension scheme. To continue with the same standards of living before and after your retirement, you must plan now. After retirement, have a residential home and let other assets you have been working for work for you,” Mr. Njuguna emphasized.

Focusing on the theme, Members actively involved in securing their retirement, which was derived from the Board’s strategy to boost accountability and client focus, Members listened to insightful presentations focused on securing a proper retirement.

Some members of the MURBS Board, Middle-front is the Chairperson Hajati Fatumah Nakatudde, extreme right is Dr. John Kitayimbwa the Board Secretary.

During the Sensitization Seminar, participants were equipped with valuable knowledge and tips on financial planning, saving now for retirement, investment, the relevance of tracking expenditure, ensuring a proper diet as well as living a healthy life to avoid diseases that would affect them after their retirement. The Members were also enlightened on the MURBS Investment Policy Statement, the current Investment climate and its implication for the MURBS fund.

“I encourage members to undertake investments, most especially, in fixed assets like land, infrastructure, and equipment. These assets are not likely to be converted easily into cash. And their future economic benefit is probable to flow into the entity, whose cost can be measured reliably,” said Mr. Dennis Mugalya, who is an Investment Manager with PineBridge Investments E.A Ltd,  and, also, the Chairman of the Investment Management Association of Uganda.

Focusing on the investment climate, Mr. Mugalya revealed that where one invests his/her money, will determine the amount of return to be yielded. He advised members to consider equity investment. This involves buying and holding shares of stock on a stock market in anticipation of income from dividends and capital gains, as the value of the stock rises. He also encouraged members to invest in treasury bills and bonds.

 “Investment always comes with risks, including the interest rate. In investment, we have a number of risks. The more risk you take, the more return you expect. Risk is not losing your money, but it is because your return is volatile,” said Mr. Mugalya.

Dr. Paul Kasenene, a qualified Medical Doctor, Nutrition Educator, and a Member of the Technical Working Group of Non Communicable Diseases in the Ministry of Health and Managing Director of Wellcare Health & Wellness Clinic Kampala sensitised members on how to live healthy and prevent diseases that would affect them before and after their retirement.

“To enjoy any aspect of your life, you have to be alive and healthy. Despite more access to information and more advances in research and technology, people are actually getting unhealthier than before,” said Dr. Kasenene.Dr. Paul Kasenene

Dr. Kasenene mentioned that a person’s health is determined by the choices they make every day. “What we do daily either helps us to fight or feed the diseases. Some of us may already have health problems, but the good news is that most of those problems can be slowed, reversed or even stopped. No matter what kind of life you have lived, ill-health is reversible. The solution lies not with doctors, but with you making the right choices in your life,” he said.

He discouraged the habit of going for medical checkups only when people feel sick. He informed participants that such habits have complicated treating diseases like cancer which have no immediate signs and symptoms. He urged members to frequently go for medical tests, eat health diets, take plenty of water and do physical exercises. He appealed to participants to eat plenty of fruits and vegetables. He advised members to focus on the cause of the problem in order to avoid it, than treating the problem or its symptoms.

During the Seminar, the Chairperson of MURBS, Hajati Fatumah Nakatudde, launched a web-based Member Biometric Registration System that will be used to register Scheme members in real time. This was aimed at further streamlining the benefits administration process and improve client self service. . The system will biometrically recognise and verify registered members and avail them with information through the Scheme servers. The members will be able to access information about their benefits from anywhere electronically.

A team of developers from Zedek Pro demonstrated the working mechanism of the Member Biometric Registration System and how the registration can be done in real time. According to the Principal Pension Officer, Ms. Susan Khaitsa, “the pilot registration is planned to commence in May 2016 and, in order to speed up the registration process, Members will be required to pre-fill two forms, that is, the Registration Form 0516A and the Dependants and Nominees (Beneficiary) Form 0516B. The forms will be circulated to Members online.”(The forms can be accessed from the links below)

The Secretary, Board of Trustees, Dr. John Kitayimbwa, shared key updates on the progress of the Scheme since last year. “One of the key updates I should bring to your notice is that, the agreements we had with the Service Providers were expiring in November last year [2015]. We extended their contracts to 31st January 2016 so that we comprehensively review the performance and our agreements with them,” he said.

Dr. Kitayimbwa introduced the new Scheme Service Providers to the Members. Stanbic Bank was appointed the new Scheme Custodian, whose role is to receive and keep in safe hands the funds, title deeds, securities and income accruing to the Scheme; PineBridge Investments Ltd retained its role of Fund Manager and GenAfrica Asset Managers Ltd was appointed Fund Manager – the two investors assist the Board of Trustees to make a prudent investment policy, invest the fund subject to the investment policy of the Scheme and manage the Scheme funds; Octagon Uganda Ltd, a Pension Consultancy firm, was appointed as the Scheme Administrator to handle mainly the Accounting and Benefits Administration.

Some of the members of MURBS who attended the training in Main Hall.

MURBS was established by Makerere University Council under an irrevocable trust to provide pensions and other benefits for University employees who are admitted to membership under the provision of the Trust Deed and Scheme Rules. On 23rd April 2010, Makerere University Retirement Benefits Scheme was registered as a corporate body under the Trustees Incorporation Act, CAP 165, under certificate T. 37561, C.I. NO.670.  Following the establishment of the Uganda Retirement Benefits and Regulatory Authority (URBRA) Act of 2011, MURBS was licensed as a Retirement Benefits Scheme under the new Act and holds license number RBS 0005

MURBS is a Defined Contribution Scheme where both the employees and the employer contribute a percentage of the employees’ monthly salary.

To be entitled to join this Scheme, an individual must be aged at least 18 years but not more than 50 years old and should be appointed under permanent terms of service at Makerere University. All persons who were in University Service by 31st March 2009 were deemed to have joined the Scheme. Persons who were appointed in University service after 31st March 2009 and to-date are enrolled into the Scheme through the due procedures.

Article and Photos by: Mak Public Relations Office

 

 

Elias Tuhereze

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Admission Lists for Diploma Holders under Government Sponsorship for 2025/2026 AY

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One of the First Class Graduands Shafik Senkubuge (2nd Right) in a group photo with part of the BEHS Class of 2024. 74th Graduation Ceremony, Day 1, School of Public Health, College of Health Sciences (CHS), 29th January 2024, Freedom Square, Makerere University, Kampala Uganda, East Africa.

The Office of Academic Registrar, Makerere University has released lists of Diploma holders admitted under the Government Sponsorship Scheme for the Academic Year 2025/2026.

Under the Diploma Holders Government Sponsorship Scheme admission does not exceed 5% of the intake capacity to the respective Degree Programme.

The list can be accessed by following the link below:

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Call For Applications: AlphaFold Workshop Uganda 2025

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Are you a researcher or student working in protein-related research, structural biology, or bioinformatics?

The African Center of Excellence in Bioinformatics and Data Intensive Sciences (ACE) Uganda with support from Google DeepMind, invites researchers and students seeking to integrate AlphaFold into their work to apply for the AlphaFold Workshop to be held at the Infectious Diseases Institute, Makerere University-Kampala, Uganda from 16th to 20th June 2025.

Deadline: 30th April 2025

Apply here: AlphaFold Workshop – Uganda 2025

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Makerere Alumnus Named 2025–2026 Schwarzman Scholar

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Emmanuel Akandwanaho, BSLE’22 Alumnus, to attend a master’s program at Tsinghua University, China Asia. College of Engineering, Design, Art and Technology (CEDAT), Makerere University, Kampala Uganda.

Emmanuel Akandwanaho, a Bachelor of Science in Land Economics (BSLE) graduate from Makerere University’s Class of 2022, has been selected to join the Schwarzman Scholars Class of 2026. He will pursue a fully funded, one-year Master’s degree in Global Affairs at Schwarzman College, Tsinghua University, in Beijing, China.

Emmanuel makes history as the first undergraduate alumnus from Makerere University and the second Ugandan to be awarded the Schwarzman Scholarship, one of the world’s most competitive and globally renowned graduate fellowships. The Schwarzman Scholars Program was founded in 2015 by Stephen A. Schwarzman, Co-founder and CEO of Blackstone, to equip the next generation of leaders with a deep understanding of China’s role in global trends. Each year, 150 exceptional young leaders from across the world are selected for their academic excellence, leadership potential, and commitment to building a better future.

About Emmanuel Akandwanaho

Emmanuel studied Land Economics from 2017 to 2022 and graduated with Second Class Upper Honours. Throughout his time at Makerere, he was deeply involved in student leadership and campus initiatives that shaped his personal and professional growth. He served as Class Representative for five consecutive years, Speaker of the Makerere Association of Surveying Students, Chairperson of the Electoral Commission at the College of Engineering, Design, Art, and Technology (CEDAT), and Student Representative on the 31st Governing Council of the Institution of Surveyors of Uganda.

Recognizing a gap in communication and personal development on campus, Emmanuel founded the Makerere Gavel Club in 2019, an affiliate of Toastmasters International to improve student’s public speaking skills. The club has since helped students build confidence, become effective communicators, and develop leadership skills. The club continues to thrive as a leading platform for personal and professional development, nurturing confident communicators and emerging leaders. Today, the club is one of the most active student-led platforms on campus, having trained over 200 students since its inception.

Emmanuel Akandwanaho, BSLE’22 Alumnus, to attend a master’s program at Tsinghua University, China Asia. College of Engineering, Design, Art and Technology (CEDAT), Makerere University, Kampala Uganda.
Emmanuel Akandwanaho, BSLE’22 Alumnus.

Outside leadership, Emmanuel’s curiosity led him into entrepreneurship. He co-founded a startup aimed at improving student access to accommodation by helping them search and book hostels online. The project won Best Student Project at the 2019 International Engineering Students’ Conference at the University of Nairobi, and later received regional recognition, winning Best East African PropTech Startup at the 2021 Africa PropTech Competition.

Reflecting on his journey, Emmanuel shares:

“I saw my time at Makerere as more than just academics—it was an opportunity to grow, lead, and solve real-world problems. From my first year, I threw myself into leadership roles that stretched me and helped me discover what I was capable of. These experiences laid the foundation for my Schwarzman Scholarship journey.”

After graduating, Emmanuel explored a range of professional interests. He worked with a microfinance institution, volunteered with the International Institute of Rural Reconstruction on land governance projects, and served as Partnerships and Community Lead at Hindsight Ventures, supporting African tech startups. He also authored a policy paper on the role of public venture funds in financing startups.

“I’ve never seen myself as just one thing. My education in Land Economics was foundational, but I’ve always asked myself: what problems do I want to solve? That question has guided me into new spaces—policy, entrepreneurship, technology—all connected by a deep desire to contribute meaningfully to Africa’s future.”

Now preparing for Schwarzman College, Emmanuel is eager to explore China-Africa policy relations, understand China’s urbanization and infrastructure development, and experience Mandarin language immersion and cultural exchange. He is especially interested in exploring how China has managed its rapid urbanization and lifted hundreds of millions out of poverty—areas that resonate with Uganda’s own developmental challenges.

“What excites me most about Schwarzman is its holistic approach. You don’t just study; you engage. You travel across China, study Mandarin, explore cities, and collaborate with some of the most brilliant minds from over 40 countries. It’s the perfect place for someone like me—curious, ambitious, and eager to make sense of the world.”

He also sees this experience as an opportunity to build a truly global network.

“You live and study with 149 other scholars; engineers, doctors, entrepreneurs, diplomats, all passionate about changing the world in different ways. These are the people I’ll learn from, collaborate with, and build lifelong friendships with. That, to me, is priceless.”

Emmanuel encourages other Makerere students to consider applying:

“If you’re a final-year student or recent graduate and you’re curious about the world, the Schwarzman Scholars program is worth exploring. My leadership experience at Makerere played a crucial role in my application. Applications for the next cohort are already open, and I would love to see more Ugandans and Makerereans apply. We need more African voices in global conversations.”

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