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MURBS Prepares Members for Retirement and Launches Biometric Registration
![[L] Mr. Dennis Mugalya - Investment Manager, PineBridge Investments, Second Left is Mr Joseph Njuguna the Schemes Operations Manager, Octagon Africa at the training.](https://news.mak.ac.ug/wp-content/uploads/2016/05/field_image_Nugalya-and-Njuguna.jpg)
“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.
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. 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.
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
In a landmark event symbolizing Uganda’s stride towards sustainable transportation, Hon. Dr. Monica Musenero Masanza, Minister of Science, Technology, and Innovation, commissioned the first Electric Fast-Charging Station at Makerere University on Friday 13th March 2026. The ceremony, held at the Senate Building Parking Lot, marks a pivotal moment in the nation’s e-mobility journey, blending academic innovation with industrial application and governmental support.
The station, a DC Fast Charger C6-180 installed in collaboration with Kiira Motors Corporation (KMC), is designed to power electric vehicles efficiently, supporting Uganda’s shift from fossil fuels to renewable energy sources. This setup ensures high-power DC charging ideal for fleet operations.
Hon. Dr. Musenero, in her keynote remarks, highlighted the profound significance of the occasion, tracing its roots back to 2011 when Makerere unveiled the Kiira EV – Uganda’s first electric vehicle prototype. “This infrastructure is the physical manifestation of a journey that began on this very hill nearly two decades ago,” she stated, emphasizing how the university’s initial proof-of-concept challenged skepticism about Africa’s role in automotive technology.
The event, she noted, completes a narrative full circle, with the birthplace of the Kiira EV now hosting the infrastructure to sustain a modern electric fleet. The commissioning aligns seamlessly with Uganda’s National E-Mobility Strategy, which aims to localize 65% of the e-mobility value chain by 2040 and create over 500,000 high-quality green jobs.
Hon. Dr. Musenero underscored the strategy’s focus on reducing dependence on imported fossil fuels while enhancing environmental well-being. “We are transforming Uganda into a net source of e-mobility solutions,” she declared, pointing to the potential for Ugandan intellect to produce vehicle parts and charging systems domestically.
In his remarks at the event, the Vice Chancellor Prof. Barnabas Nawangwe described the launch as a “multi-faceted achievement,” not only advancing the institution’s inclusive agenda but also setting an example for public institutions in adopting e-mobility. In so doing, Makerere University has positioned itself at the forefront of this transition.
On September 26, 2025, President Yoweri Museveni commissioned the Kiira Vehicle Plant in Jinja and handed over three Kiira Motors Corporation (KMC) buses to Makerere University to enhance staff and student mobility. The fleet included two diesel-powered Kayoola Coaches and one electric Kayoola EVS 8.5m bus donated by KMC specifically to aid the movement of differently-abled staff and students. This move demonstrates academia’s capacity to integrate home-grown solutions into daily operations, impacting the economy through practical science.
The commissioning of the fast-charging station is rooted in a long history of collaboration. The Kiira Electric Vehicle Project, hatched in the former Faculty of Technology, has evolved into a national movement for automotive manufacturing. Hon. Dr. Musenero praised this progression: “We have moved beyond proving that an electric vehicle can be built in Uganda. We are now ensuring our electric vehicles are deployed across the continent, solving Africa’s mobility problems.”
Academia’s role remains central, as Hon. Dr. Musenero elaborated. While government provides policy frameworks and the private sector offers capital, universities supply the essential knowledge. The E-Mobility Skilling Programme at Makerere University‘s Innovation Pod (Mak-UniPod) is training the next generation of electric vehicle engineers, who are tackling “moonshot projects” to redefine urban transport. Research into optimizing local resources, such as Uganda’s lithium and cobalt deposits for battery production, is also underway.
A key environmental highlight of this development is Uganda’s renewable energy advantage. With over 95% of the national grid powered by hydroelectric dams, every charge at this station utilizes clean energy. “We are using our own water to power our own vehicles, keeping our wealth within our economy rather than exporting it to purchase foreign oil,” Hon. Dr. Musenero remarked, framing the launch as Uganda plugging into the global renewable shift. She pledged the Science, Technology, and Innovation (STI) Secretariat’s continued collaboration with Makerere University, KMC, and partners to proliferate such stations across Kampala and beyond.
Addressing Makerere students, Hon. Dr. Musenero issued a challenge: “See this charging station as a symbol of your own potential. The engineers who built the first Kiira EV were once sitting exactly where you are. They did not wait for permission to be great.” She urged them to leverage available resources to innovate, building on a legacy that has shifted national conversations.
The event drew distinguished guests, including Members of Management, Eng. Paul Isaac Musasizi, KMC’s CEO and his management team, private sector partners, development agencies, and university faculty.
Looking ahead, this launch propels Uganda towards a “Qualitative Leap” in its economy, as Hon. Dr. Musenero described. By fostering innovation and investing in young minds, the nation aims to lead in technological advancement. The station not only powers vehicles but ignites progress, ensuring Uganda remains at the forefront of Africa’s e-mobility revolution.
As the ceremony which was intermittently “blessed” by drizzles drew to a close, the feeling of hope for a cleaner, self-reliant future – one charged by Ugandan ingenuity, was unmistakable.
General
Makerere University and International Partners Sign MoU for the 9th Kampala Geopolitics Conference
Makerere University, on 10th March, 2026, signed a Memorandum of Understanding with the Embassy of France in Uganda, the Konrad Adenauer Foundation (KAS), and Alliance Française de Kampala to organize the 9th edition of the Kampala Geopolitics Conference (KGC), scheduled to take place on 15–16 April 2026 at Makerere University.
The signing formalizes the continued partnership that has established the Kampala Geopolitics Conference as one of the region’s leading platforms for dialogue on global affairs, bringing together scholars, policymakers, civil society leaders, and students to debate the major geopolitical and socio-economic transformations shaping the world.
The conference, inspired by the Nantes Geopolitics Conference in France, was first launched in Kampala in 2018 and has since grown into a unique intellectual space for cross-continental exchange between Africa and Europe.
A Platform for Ideas, Dialogue, and Youth Engagement
Speaking at the signing ceremony, Makerere University Vice Chancellor, Prof. Barnabas Nawangwe, emphasized the importance of the Kampala Geopolitics Conference as a platform that connects academic discourse with global policy conversations while empowering students to engage with the complex challenges shaping the international system.
The Vice Chancellor noted that hosting the conference reflects Makerere University’s long-standing commitment to fostering intellectual exchange and positioning the institution as a hub for regional and global dialogue.
“Makerere University is proud to host the Kampala Geopolitics Conference because it creates an important platform for debate and exchange on the global issues shaping our world, while giving our students the opportunity to engage directly with leading thinkers and policymakers,” said Prof. Nawangwe.
Prof. Nawangwe further commended the Embassy of France in Uganda, the Konrad Adenauer Foundation, and Alliance Française de Kampala for their continued collaboration with Makerere University in organizing the conference over the years. He expressed confidence that the 2026 edition will once again provide a dynamic platform for dialogue, bringing together scholars, policymakers, and students to examine the geopolitical trends shaping Africa and the wider world.
Speaking at the signing ceremony, H.E. Virginie Leroy, Ambassador of France to Uganda, highlighted the significance of the conference as a platform that encourages dialogue on global issues while empowering young people to participate in shaping the future.
Since its inception, the Kampala Geopolitics Conference has created opportunities for students, researchers, policymakers, and entrepreneurs to engage with some of the most pressing global debates. The Ambassador noted that the curiosity and engagement of Ugandan students have become one of the defining features of the conference.
“This conference has become a unique space where students, researchers, policymakers and civil society exchange ideas on the major transformations shaping our world,” Ambassador Leroy said, adding that the event demonstrates the intellectual vitality of Uganda’s youth and the strength of the partnerships that sustain it.
Strengthening Partnerships for Global Dialogue
The Konrad Adenauer Foundation, a long-standing partner in the initiative, reaffirmed its commitment to supporting platforms that foster meaningful discussions on international affairs and regional dynamics.
Speaking during the ceremony, Anna Reismann, Director of the Konrad Adenauer Foundation in Uganda, emphasized the importance of the conference in connecting local perspectives with global debates.
She noted that Africa has increasingly become a focal point in global geopolitics, attracting engagement from a wide range of international actors through investments, trade, security cooperation, and diplomatic partnerships. While these engagements create new opportunities for economic growth and technological advancement, they also raise important questions about sustainability, governance, and the terms of international cooperation.
According to Reismann, the conference provides an important forum to examine these issues and to encourage dialogue that bridges academic perspectives with practical policy considerations.
The 2026 edition of the Kampala Geopolitics Conference will focus on key global and regional issues shaping international relations and development.
Among the themes to be explored are the future of development cooperation, particularly as global aid dynamics evolve and countries explore more sustainable and balanced partnerships. Another panel will examine youth and public policy in Africa, recognizing the critical role that young people play in shaping governance, innovation, and development across the continent.
With Africa home to the youngest population in the world, discussions will highlight the importance of ensuring that young people are not only beneficiaries of public policies but also active contributors to their design and implementation.
Makerere University at the Centre of Global Conversations
Hosting the conference reflects Makerere University’s continued commitment to fostering intellectual exchange and positioning the institution as a hub for regional and international dialogue.
Through its partnerships with global institutions such as the Embassy of France, the Konrad Adenauer Foundation, and Alliance Française de Kampala, Makerere continues to create platforms that connect academic knowledge with policy discussions and real-world challenges.
The Kampala Geopolitics Conference is expected to once again bring together leading experts, scholars, and practitioners from across Africa and Europe, while providing students with a rare opportunity to engage directly with global debates.
As preparations for the 2026 edition gather momentum, the partners expressed confidence that the conference will continue to inspire critical thinking, encourage dialogue across disciplines and generations, and strengthen cooperation between Africa and its international partners.
Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University.
Makerere University has kicked off the three-day Careers Fair 2026, bringing together students, industry leaders, and policymakers to discuss the future of work in the era of Artificial Intelligence (AI).
The first day of the expo, held under the theme “Man or Machine: Exploring AI’s Impact on Careers” and sponsored by the National Social Security Fund (NSSF), explored the impact of AI on industries and careers.
The annual expo offers career guidance, job opportunities, entrepreneurship training, and networking platforms for students. It builds on previous themes focused on employability, innovation, and adapting to rapidly changing work environments.
In her keynote address, Hon. Dr. Monica Musenero Masanza, Minister for Science, Technology and Innovation, stressed the need for Uganda to strategically position itself in the digital economy.
She noted that Africa missed the first and second industrial revolutions and warned that the current digital revolution could also bypass the continent if deliberate efforts are not made to participate in it.
“Africa was just here, minding her own business, hunting her animals, resting. A distant industrial revolution impacted us very negatively,” she said, referencing the slave trade and colonization that followed the first industrial revolution.
The minister emphasized that Uganda must focus on producing digital goods and services rather than merely consuming them.
“We are still down there, but we are facing up. We must give Uganda a clear chance at sustainable and progressive transformation,” she said.
She observed that Uganda’s digital economy is currently skewed toward consumption, resulting in significant financial outflows.
“Our net flow in this digital economy, including AI, is negative. We are losing money, jobs, and opportunities,” she added.
Musenero urged young people to move beyond simply using digital tools and instead focus on creating value.
“Mind or machine, it must give us a positive economic voice. Whichever one gives us that, we should go for it,” she said.
Speaking on behalf of the Vice Chancellor, Professor Moses Musinguzi, the Principal of the College of Engineering, Design, Art and Technology acknowledged the inevitability of Artificial Intelligence in modern society and urged stakeholders to focus on harnessing its potential.
“The general consensus worldwide is that we cannot condemn AI. Instead, we should see how we can make better and more productive use of it,” he said.
Musinguzi highlighted some of the challenges posed by AI in academia, noting that students can easily generate answers within minutes, potentially undermining the learning process.
“A student using AI can generate your answer in less than a minute. And that’s not what we want. We want to impart knowledge and skills to students,” he stressed.
He encouraged institutions to adopt AI responsibly while maintaining the core objective of producing skilled graduates.
“We are now trying to see better methods of using AI while still maintaining the objective of producing students who have the skills and knowledge to advance the world,” Musinguzi said.
He further noted that AI will inevitably affect traditional careers, making adaptation essential.
“If we don’t innovate, there is a threat that we shall be exterminated,” he warned, urging students to embrace innovation and contribute to Africa’s development.
Earlier, Lameck Kavuma from AI Studio Uganda explained the fundamentals of AI, describing it as a system built on pattern recognition and mathematical models that predict the next word or action.
“AI is all about pattern recognition,” he said, noting that the technology still has limitations, particularly when dealing with noise or changes in context.
Kavuma observed that AI has existed since the 1990s in forms such as spam filters and recommender systems. However, recent advances in generative AI now allow machines to process long texts and hold conversations, making it appear as though AI is crossing into traditionally human roles.
He emphasized that AI could level the playing field by increasing productivity and removing traditional barriers to access.
“AI is a leveler. It removes gatekeepers,” Kavuma said.
On his part, Gerald Paul Kasato, Deputy Managing Director of NSSF, stressed the importance of collaboration between humans and machines.
“The future is not about humans competing with machines. It is about humans learning how to work with machines,” he said.
Kasato noted that AI, automation, and digital technologies are rapidly reshaping the workplace and creating new opportunities.
“AI, automation, and digital technologies will transform industries, but they will also create new careers, new businesses, and new opportunities,” he said.
He urged students to equip themselves with the right skills, mindset, and adaptability to thrive in the evolving job market.
“The real challenge is ensuring that young people are equipped with the right skills, mindset, and adaptability to thrive in this new world,” Kasato emphasized.
Kasato revealed that NSSF continues to promote financial literacy among young people, with more than 130,000 students registered and over UGX 235 billion saved.
“The future belongs to those who are curious, adaptable, innovative, and willing to continuously learn,” he said.
Also speaking at the event, Michael Ssegwaya, Executive Director and Chief Financial Officer at ABSA Bank, emphasized the need to adapt to a rapidly changing world driven by AI.
“The world is changing, and the banking sector is also changing. We handle millions of transactions, many of which are processed through AI systems,” he said.
Ssegwaya encouraged students to use AI tools to enhance productivity while maintaining independent thinking.
“I told my daughter, you can use AI, but your answers should not look like they came directly from AI. I need you to think and think differently,” he said.
He also highlighted ABSA’s “Ready to Work” program, which aims to prepare students for the evolving job market.
Ssegwaya urged students to develop skills such as creativity, communication, and empathy, which are less likely to be replaced by machines.
“Critical thinking is going to be important. Creativity may not necessarily be replaced,” he said.
He challenged students to become job creators rather than job seekers.
“I hope you are going to the university to become a job creator and not just a job seeker,” he added.
Similarly, Charlotte Kukunda from ACCA highlighted the need for professionals to adapt to the rapidly evolving technological landscape.
“The pace of change in AI is phenomenal, and it is also scary,” she said.
Kukunda revealed that ACCA is reimagining its qualification structure to include employability modules such as entrepreneurship, digital technology, and innovation.
“We have included optional employability modules so that students can choose what makes sense for their career paths,” she explained.
ACCA’s revised qualification, set to launch in June and September 2027, will emphasize skills such as data analysis, financial investment, and sustainability reporting.
She encouraged students to embrace AI while strengthening human intelligence.
“Accountants are embracing artificial intelligence and exploring its potential while paying attention to the risks,” she said.
Meanwhile, Douglas Opio, Executive Director of the Federation of Uganda Employers, challenged students to consider becoming employers.
“We have an acute shortage of employers,” he said.
Opio emphasized the importance of strong theoretical foundations, describing theory as the basis for practical innovation.
“Theory is like the operating system of practice,” he noted.
He urged students to view skills as a renewable resource that can drive growth and innovation.
“AI must be part of the skill set that you actively look for,” he added.
The NSSF Career Expo, launched in 2010, aims to bridge the gap between education and employment by equipping students and graduates with the skills, knowledge, and networks needed to thrive in the modern workforce.
The event promotes a culture of saving, innovation, and entrepreneurship while bringing job opportunities closer to students.
Key features of the expo include career guidance and counseling, job opportunities, entrepreneurship training, mentorship, and networking platforms. This year’s expo is being held in 15 universities across Uganda, including Makerere University, Kyambogo University, and Uganda Martyrs University, Nkozi.
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