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MURBS Registers 16% Growth Despite Volatile 2016-17 Markets

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The Makerere University Retirement Benefits Scheme (MURBS)’s total fund value has grown from UGX 67.46billion as at 30th June 2015 to UGX78.2billion as at 30th June 2016 representing a 16% growth, despite declines in the money and equity markets over the same period. This was the latest update shared by Hajati Fatumah Nakatudde the Chairperson, Board of Trustees, MURBS at the 6th Annual General Meeting (AGM) held on Thursday 27th October 2016 in the Main Hall, Makerere University.

The AGM which came in the wake of similar ones by other players in the Ugandan Retirement Benefits market was highly anticipated, given the generally poor performance by regional equity and money markets over the same period. Approximately 30% of the fund value is invested in Equities especially in the Kenyan market, which played witness to two banks failing in the same period. The fast approaching Kenyan election combined with the recently concluded Ugandan election also led to a poor performance of local currencies, which led to foreign investors exiting the regional markets.
MURBS Chairperson Board of Trustees, Hajati Fatumah Nakatudde (L) addresses the 6th AGM on 27th October 2016
“After due consideration, the Trustees are declaring a rate of return of 4.34% on the opening balances as at 1st July 2016,” reported Hajati Fatumah Nakatudde as she gave her report. She however reassured members that the Board was anticipating a higher rate of return at the next AGM especially as foreign investors, who wield a lot of influence in the regional equity and money markets are expected to return as the currencies stabilize. The Chairperson further commended Makerere for remitting contributions due to MURBS members consistently over the 2015/16 financial year, but urged the University to honour outstanding debt obligations to the Scheme.

In his remarks, Dr. John Kitayimbwa the Secretary, Board of Trustees restored the member’s confidence in the scheme when noted that despite declaring a lower rate of return than other players, the MURBS fund value was solid and guaranteed. He also reported that the Scheme had sought legal redress with regard to the outstanding debt owed by the University and Trustees were only awaiting the signing of a judgement on the same. He further clarified that the change in the Scheme’s Custodians from Standard Chartered Bank Limited to Stanbic Bank Uganda Limited was completely in line with terms of the Service Level Agreement (SLA) as agreed upon at commencement. Additionally, he explained that the recruitment of GenAfrica Asset Managers Limited to replace Stanlib Uganda Limited as Fund Manager, whose contract expired on 31st January 2016, was after a thorough review of their performance in the regional market.  The scheme retained PineBridge East Africa Investments Limited as Fund Manager.
MURBS Secratary-Board of Trustees-Dr. John Kitayimbwa (R) makes his address at the 6th AGM flanked by Trustees Mr. Dyson Maswere (L) & Prof. Julius Kitungulu-Zake (2nd L)
The regional investment atmosphere and opportunities for the future were further explained by Mr. Denis Mugalya, Investment Manager at PineBridge when he said, “In the equity markets, about 70-80% of investors within our region are actually outside East Africa and so when the currency misbehaves within the region like it did in 2015, even if the share price hasn’t moved, they are already losing value. The only election we are left with is in Kenya under a year and for now the currencies have sort of stabilized.”

He anticipated that within at least 6 months, the projections would have improved and confidence would have returned to the market, “and therefore it might not be as bad as we did previously, maybe a 10% growth and we are looking at a 10-15% return on equities” he added.

In other initiatives reported at the AGM, the Board of Trustees has developed an online platform through which members can access their statements at their own convenience. “This is a good innovation and we are going to train members intensively on how to use the system,” remarked Dr. Kitayimbwa the Board Secretary. He added that members will still be able to receive printed statements but warned that this trend would gradually be phased out as a way of improving efficiency.
Part of the audinece that attended the 6th MURBS AGM on 27th October 2016 in the Main Hall, Makerere University
At the conclusion of the AGM, the Chairperson, Hajati Fatumah Nakatudde thanked members for sparing time to participate in the meeting. She reminded all present that the term for the current serving Trustees expires on 31st March 2017 and an election for new members is slated to take place in December 2016. She therefore thanked all Trustees who were ineligible for another term for their service and urged scheme members to actively participate in the election process when it is announced.

The 2016 AGM was attended by the Deputy Vice Chancellor (Finance and Administration) Prof. Barnabas Nawangwe, as well as representatives from; Uganda Retirement Benefits Regulatory Authority (URBRA), Scheme Administrator-Octagon Uganda Limited, Auditors-KPMG, Custodian-Stanbic Bank Uganda Limited and Fund Managers-PineBridge Investments and GenAfrica Asset Managers.

Article by Public Relations Office

Mark Wamai

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Uganda to Launch ACT-PREP, Africa’s New Epidemic Preparedness Research Network

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A KCCA Medical Office debriefs the MakSPH Field Epidemiologists and Surveillance Team during the CoVID-19 pandemic. Makerere University School of Public Health, Kampala, Uganda, East Africa.

By Henry Mugenyi

When the next infectious disease outbreak strikes, the question for African researchers should not be whether they have the capacity to conduct the research, but how quickly they can begin.

That is the gap a new five-year research initiative, Advancing Clinical Trials and Epidemic Preparedness Research Capacity in Africa (ACT-PREP), is seeking to address.

The project will be officially launched in Uganda on September 28th, 2026, bringing together researchers and partners from universities and research institutions across Africa and Europe. The launch will be held at the Makerere University School of Public Health (MakSPH) Auditorium in Kampala.

Led by Makerere University School of Public Health, ACT-PREP is designed to strengthen Africa’s ability to conduct clinical trials and other research before and during infectious disease outbreaks.

Africa has repeatedly faced epidemics of diseases such as Marburg, Ebola, COVID-19 and other emerging infections. Yet when outbreaks occur, the capacity to quickly generate the evidence needed to guide treatment, prevention and public health decisions remains underdeveloped.

ACT-PREP aims to make research part of outbreak preparedness not something that begins only after an epidemic has already spread.

According to Prof Rhoda Wanyenze, the Principal Investigator on the project, “the initiative will establish a framework for more equitable collaboration among 10 African and two European institutions, working alongside Universities and the Africa Centres for Disease Control and Prevention (Africa CDC)”.

The consortium includes institutions from Uganda, Rwanda, Tanzania, the Democratic Republic of Congo, Somalia, South Sudan and Senegal, as well as European partners in Sweden and Germany. Africa CDC is also among the participating institutions.

For Uganda, the launch at Makerere University is significant. The university is taking the scientific lead on a programme that places African research institutions at the centre of efforts to prepare for future epidemics.

One of ACT-PREP’s central ambitions is to address the shortage of researchers and systems capable of rapidly conducting high-quality clinical research during emergencies.

The project will strengthen clinical research, ethics and regulatory capacity, while also supporting laboratory and disease surveillance systems. It will integrate training into PhD and postdoctoral programmes, with the consortium aiming to train at least 700 fellows at the end of the project.

“The idea is straightforward: Africa needs not only laboratories and equipment, but also people with the skills to use them when an outbreak begins” – Says Dr Steven Kabwama, ACT-PREP Project Manager.

Researchers will also be supported to share expertise, data, resources and technology across institutions and national borders.

ACT-PREP will further explore One Health approaches and artificial intelligence-supported systems to improve disease prediction, detection and rapid response. The project also seeks to support more streamlined regulatory processes so that clinical trials can be deployed and monitored more quickly when they are needed.

The experience of recent epidemics has shown that time is one of the most valuable resources in an outbreak.

Delays in detecting a pathogen, setting up research sites, securing ethical and regulatory approvals or generating reliable evidence can affect how quickly health authorities are able to respond.

ACT-PREP is built around the idea that many of these systems should already be in place before the next emergency.

That means having trained researchers, functioning laboratories, established regulatory pathways, surveillance systems and relationships between institutions that can be activated when an outbreak occurs.

It also means changing how research partnerships are built.

Rather than relying on external institutions to arrive when a crisis begins, the project seeks to strengthen African institutions themselves and create longer-term collaborations in which expertise, technology, data and resources can be shared across borders.

Mak Editor

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SPH celebrates Claire’s 14 years of service

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The Dean and Staff of SPH with Claire Nakayizi during the celebration. Celebrating Claire Nakayizi's 14 years of service as Custodian, August 2026, Makerere University School of Public Health (MakSPH), Mulago Hospital Complex, Kampala Uganda, East Africa.

After 14 years of dedicated service, Claire Nakayiza, a familiar face and trusted custodian at the School of Public Health (SPH), has retired, leaving behind a legacy of hard work, commitment, kindness and service to the School community.

For many people at the School of Public Health, the sight of Claire arriving early in the morning, opening up the building and ensuring that everything was in order was simply part of the daily rhythm of life at the School.

For 14 years, Claire has been a constant presence at SPH. She has witnessed generations of staff, students, researchers and visitors walk through the School’s doors. She has seen colleagues join, grow and eventually move on, while she remained a dependable presence, quietly carrying out her responsibilities and ensuring that the School was ready to welcome everyone each day.

Her retirement was therefore more than a routine farewell. It was an opportunity for colleagues to celebrate a woman whose contribution, though often carried out behind the scenes, touched many lives and contributed significantly to the smooth running of the School.

Prof. Rhoda Wanyenze (R) and Claire Nakayiza (L). Celebrating Claire Nakayizi's 14 years of service as Custodian, August 2026, Makerere University School of Public Health (MakSPH), Mulago Hospital Complex, Kampala Uganda, East Africa.
Prof. Rhoda Wanyenze (R) and Claire Nakayiza (L).

At a farewell brunch organised by the Dean, School of Public Health, Prof. Rhoda Wanyenze, colleagues and friends described Claire in glowing terms. Words such as hardworking, kind, patient, resilient, dependable and caring repeatedly featured in the tributes.

For many, Claire was much more than a custodian. She was described as a mother figure, a counsellor and someone people could approach whenever they needed a listening ear, encouragement or simply a warm smile.

A commitment that went beyond the call of duty

One of the strongest themes to emerge during the farewell was Claire’s extraordinary commitment to her work.

Colleagues recalled how she would routinely open the School building as early as 6:00 a.m., ensuring that staff and students arriving for the day found the premises ready. Her working day could stretch well into the evening, with some days requiring her to remain at the School until 8:00 p.m. or even 10:00 p.m.

Despite the long hours and demanding nature of her responsibilities, colleagues said Claire rarely complained. Instead, she approached her work with patience and resilience, always focused on ensuring that the School was secure and that its operations could continue smoothly.

Her dedication was particularly evident in her contribution to improving the security of the School building. Over the years, Claire became a trusted custodian of the premises, helping to ensure that the building was opened and closed responsibly and that the environment remained secure for those who worked and studied there.

Speaking at the farewell, Prof. Wanyenze described Claire as someone who consistently worked beyond the call of duty.

Claire Nakayiza receives a plaque in appreciation of her service from the Dean and Leadership of SPH. Celebrating Claire Nakayizi's 14 years of service as Custodian, August 2026, Makerere University School of Public Health (MakSPH), Mulago Hospital Complex, Kampala Uganda, East Africa.
Claire Nakayiza receives a plaque in appreciation of her service from the Dean and Leadership of SPH.

The Dean acknowledged that saying goodbye to Claire was an emotional moment, given the many years she had spent serving the School and the relationships she had built along the way.

However, Prof. Wanyenze said she had spoken to Claire and was assured that she was ready to embrace the next phase of her life.

She joined colleagues in wishing Claire good health, happiness and prosperity as she begins her retirement journey.

More than a custodian

Claire’s impact at SPH was not limited to the physical responsibilities associated with her job. To those who interacted with her regularly, her greatest contribution was perhaps the warmth and humanity she brought to the workplace.

Amos Ddembe, the Internal Auditor, described Claire as a joy to watch as she went about her work.

He particularly remembered her interactions with people when she was stationed at the reception area. Claire, he noted, was almost always smiling and welcoming to staff and visitors.

Her ability to make people feel comfortable, regardless of their position or role at the School, earned her the affection and respect of many colleagues.

Claire’s colleagues also remembered her as someone who was willing to listen and offer guidance. Her patience and calm demeanour meant that people could approach her with their concerns, knowing they would receive a sympathetic ear.

Over the years, these seemingly small interactions accumulated into meaningful relationships, helping to make Claire one of the most recognisable and trusted members of the SPH community.

A legacy of service

Fourteen years is a significant period in the life of any institution. During that time, Claire witnessed changes in leadership, staff, students, programmes and the physical environment of the School.

She remained a constant through these transitions.

Her service represents the important contribution made by members of the support staff whose work often happens quietly but is essential to the functioning of an institution.

From opening the building before sunrise to securing it late in the evening, welcoming people at reception, supporting the day-to-day operations of the School and contributing to the security of the premises, Claire’s work helped create an environment in which others could perform their own responsibilities.

Claire Nakayiza makes her remarks. Celebrating Claire Nakayizi's 14 years of service as Custodian, August 2026, Makerere University School of Public Health (MakSPH), Mulago Hospital Complex, Kampala Uganda, East Africa.
Claire Nakayiza makes her remarks.

Her story is a reminder that the success of an institution is built not only through high-profile academic and research achievements, but also through the dedication of people who ensure that the institution functions every day.

A gesture of appreciation

As part of the farewell, the Department of Community Health and Behavioral Sciences also expressed its appreciation for Claire’s years of service.

Representing the Department, Dr. Christine Nalwadda presented Claire with a cash envelope on behalf of the staff as a token of appreciation for her commitment and contribution to the School.

A new chapter begins

As Claire leaves the School of Public Health, she takes with her the memories of 14 years of service and the goodwill of the many people she encountered along the way.

For the colleagues who gathered to celebrate her, the farewell was not simply about marking the end of employment. It was about celebrating a colleague who had become part of the fabric of the School.

As she begins this new chapter, the School of Public Health joins together in saying:

Thank you, Claire, for 14 years of dedicated service. Thank you for the early mornings, the long evenings, the smiles, the patience and the unwavering commitment.

May retirement bring you the good health, peace, happiness and prosperity you so richly deserve.”

Betty Kyakuwa
Betty Kyakuwa

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50 Master’s Students Awarded Scholarships Under the Africa Climate Collaborative at Makerere University

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Cohort two of the Africa Climate Collaborative scholars pose for a group photo after the award ceremony. Award Ceremony for Cohort 2 of 50 young people to pursue Master's studies under the Africa Climate Collaborative, an initiative supported by the Mastercard Foundation for the 2026/2027 academic, 20th August 2026, Makerere University School of Public Health (MakSPH) Auditorium, Main Campus, Kampala Uganda, East Africa.

By Damali Mukhaye

The Africa Climate Collaborative at Makerere University, an initiative supported by the Mastercard Foundation, has awarded scholarships to 50 young people to pursue master’s studies as part of its continued investment in developing the next generation of African climate leaders, researchers, and innovators.

After a competitive process that attracted 483 applications, 50 scholars who make up the second cohort of master’s scholars under the Africa Climate Collaborative were formally presented with their scholarship award letters by the Vice chancellor at a joint scholarships award ceremony for Mastercard Foundation initiatives at Makerere University held on 20th August, 2026, at the School of Public Health Auditorium.

Of the 483 applicants received, 182 were female and 301 were male, while 64 were international applicants.

Prof. Claire Mack Mugasa, the Chairperson of the Africa Climate Collaborative Selection Sub-Committee, said that the selection process was undertaken by an 11-member committee mandated to identify 50 master’s scholars and 12 PhD scholars for the academic year 2026/2027.

Prof. Claire Mack Mugasa, Chairperson of the Selection Sub-committee of the Africa Climate Collaborative. Award Ceremony for Cohort 2 of 50 young people to pursue Master's studies under the Africa Climate Collaborative, an initiative supported by the Mastercard Foundation for the 2026/2027 academic, 20th August 2026, Makerere University School of Public Health (MakSPH) Auditorium, Main Campus, Kampala Uganda, East Africa.
Prof. Claire Mack Mugasa, Chairperson of the Selection Sub-committee of the Africa Climate Collaborative.

Following the initial assessment, 307 applicants were admitted to Makerere University, including 119 females, 188 males, and 14 of those admitted were international students. The selection process then proceeded to further shortlisting, with 150 candidates identified for interviews and 100 subjected to status validation before the final 50 scholars were selected.

Prof. Mugasa said the final selection reflected the program’s commitment to inclusion and equitable access to educational opportunities. She commended the Selection Sub-Committee for its commitment to ensuring a fair and transparent process.

“Today, I present to you the 50 scholars, Cohort Two of the Africa Climate Collaborative,” she said while presenting the scholars to Prof. Ibrahim Okumu, the Dean, School of Economics, who represented the Vice Chancellor.

Of the 50 successful scholars, 34, representing 68 per cent, are female and 16, representing 32 per cent, are male. The cohort also includes four international students, five persons with disabilities, four refugees and internally displaced persons, and four young people from refugee-hosting communities and minority tribes of Uganda, while the remaining 33 scholars are from other categories of Ugandan nationals.

Some of the Africa Climate Collaborative Scholars pose for a group photo after receiving their award letters. Award Ceremony for Cohort 2 of 50 young people to pursue Master's studies under the Africa Climate Collaborative, an initiative supported by the Mastercard Foundation for the 2026/2027 academic, 20th August 2026, Makerere University School of Public Health (MakSPH) Auditorium, Main Campus, Kampala Uganda, East Africa.
Some of the Africa Climate Collaborative Scholars pose for a group photo after receiving their award letters.

The new cohort brings the total number of Master’s scholars supported by the Africa Climate Collaborative to 85, out of the 250 Master’s scholarships planned over the eight-year implementation period.

The programme has also awarded scholarships to 18 PhD scholars, out of the 40 PhD scholarships expected to be awarded during the programme period.

Representing the Vice Chancellor, Prof. Ibrahim Okumu, Dean of the School of Economics, welcomed the new scholars to Makerere University and congratulated them upon receiving the scholarships.

He described the occasion as a celebration of diversity, inclusion, education, and the strong partnership between Makerere University and the Mastercard Foundation.

Prof. Okumu noted that the scholarships provide academically talented young people with opportunities to pursue their education regardless of their background or circumstances. He encouraged the scholars to view the scholarship not only as an award but also as a responsibility to lead, innovate, and serve their communities.

Prof. Okumu, the Dean School of Economics, represented the Vice Chancellor at the event. Award Ceremony for Cohort 9 of 258 recipients of the prestigious Mastercard Foundation scholarship for the 2026/2027 academic, 20th August 2026, Makerere University School of Public Health (MakSPH) Auditorium, Main Campus, Kampala Uganda, East Africa.
Prof. Okumu, the Dean School of Economics, represented the Vice Chancellor at the event.

He urged them to make full use of Makerere’s academic resources, mentorship, and networks while maintaining discipline, integrity, and a clear vision for their future.

He also appreciated the Mastercard Foundation, programme teams, university leadership, and staff for supporting the initiatives and creating opportunities for young people to contribute to Uganda and Africa’s development.

Mr. Adrian Bukenya, Country Director of the Mastercard Foundation in Uganda, challenged scholars to view their opportunity not simply as an academic award but as a platform to become transformative leaders capable of creating solutions for their communities and Africa.

Bukenya encouraged the scholars to take full advantage of their experience at Makerere University, build meaningful relationships, and apply the knowledge and skills they acquire to address challenges around them. He emphasised that the responsibility of a scholar extends beyond personal success to creating positive change for families, communities and society.

Mr. Adrian Bukenya, Country Director, Mastercard Foundation. Award Ceremony for Cohort 2 of 50 young people to pursue Master's studies under the Africa Climate Collaborative, an initiative supported by the Mastercard Foundation for the 2026/2027 academic, 20th August 2026, Makerere University School of Public Health (MakSPH) Auditorium, Main Campus, Kampala Uganda, East Africa.
Mr. Adrian Bukenya, Country Director, Mastercard Foundation.

He urged the scholars, particularly those joining the Africa Climate Collaborative, to see themselves as part of a wider effort to address Africa’s development challenges through innovation, leadership, and practical solutions. Africa Climate Collaborative seeks to equip young Africans with knowledge, skills, and resources to respond to climate change while promoting sustainable solutions, innovation, entrepreneurship, and green jobs.

“You need to solve problems. Remember, you’re not here to be part of the problem,” Mr. Bukenya told scholars before reminding them that their success carries a responsibility to give back and contribute to transforming their communities and the continent.

The Africa Climate Collaborative Programme Director, Prof. Gorettie Nabanoga, described the scholarship award as more than an opportunity for young people to obtain university education. She said the scholarships represent a strategic investment in Africa’s human capital at a time when communities across the continent are increasingly experiencing the effects of climate change.

“Climate change is no longer a distant challenge. Communities are already experiencing changing rainfall patterns, prolonged droughts, floods, declining agricultural productivity, environmental degradation, and other challenges affecting livelihoods, economies, and ecosystems,” Prof. Nabanoga said.

Prof Gorettie Nabanoga, Program Director Africa Climate Collaborative. Award Ceremony for Cohort 2 of 50 young people to pursue Master's studies under the Africa Climate Collaborative, an initiative supported by the Mastercard Foundation for the 2026/2027 academic, 20th August 2026, Makerere University School of Public Health (MakSPH) Auditorium, Main Campus, Kampala Uganda, East Africa.
Prof Gorettie Nabanoga, Program Director Africa Climate Collaborative.

She encouraged the scholars to take full advantage of their time at Makerere University by engaging with lecturers and mentors, participating in research and innovation activities, collaborating across disciplines, and learning from communities before challenging them to go beyond obtaining academic qualifications and develop the ability to identify problems, ask relevant questions, and generate solutions that can contribute to a more resilient and sustainable Africa.

Mercy Malende, one of the scholarship beneficiaries pursuing a Master of Science in Agricultural Engineering, expressed excitement about being among the 50 young people selected for the Africa Climate Collaborative scholarship.

She said the scholarship has given her an opportunity to pursue her academic goals while gaining knowledge and skills that will enable her to contribute to addressing climate change challenges in Uganda. She appreciated the Africa Climate Collaborative and its partners for investing in young people and creating opportunities for them to advance their education. She said she looks forward to making the most of the opportunity and using her knowledge to contribute to sustainable agricultural development.

Mak Editor

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