Financial forecasts at the 6th Makerere University Retirement Benefits Scheme (MURBS) Annual General Meeting (AGM) held in October 2016 were noncommittal especially in the wake of the February 2016 presidential election in Uganda and the then upcoming Kenyan General Election in August 2017. Trustees in their remarks then braced attendees for the worst performance, especially since the East African equity markets, which hold a substantial amount of the Scheme’s investments, are dominated by foreign players. These closely monitor the regional political climate and are known to withdraw their investments whenever any political event that will likely affect the markets looms. The situation was not helped by failing commercial banks in the region and conflict in South Sudan.
Fortunately, whereas the markets behaved as predicted, MURBS’ fund value grew by 34% from UGX 78.2billion as at 30th June 2016 to UGX 104.5billion as at 30th June 2017, thanks largely to retiree contributions and recovery of UGX 10billion as partial settlement of outstanding retirement benefits both from Makerere University. Addressing Members at the 7th AGM, held on Thursday 26th October 2017, the Chairperson-elect, Board of Trustees Mr. Wilber Grace Naigambi also noted that the Scheme made net returns on investments worth UGX 12.5billion compared to UGX 3.5billion the previous year. “This performance was driven mainly by a positive performance in fixed income owing to high interest rates prevailing on government securities” explained the Chairperson. Government securities in the form of treasury bonds and bills account for approximately 72% of the Scheme’s total investments.
The Scheme’s membership also grew from 3,301 members the previous financial year to 3,763 members. The Chairperson in his remarks introduced the MURBS Departmental Ambassadors Programme, aimed at enhancing the Scheme’s governance by directly involving members who are trained and exposed to the operations of MURBS. “These volunteers will assist with clarifying informal queries from members at departmental level and they will form a team from which potential trustees can be identified and mentored” said Mr. Naigambi.
MURBS emerged winner of the Retirement Benefits Schemes category of the Financial Reporting (FiRe) Award 2016. At the 7th AGM, the Chairperson Mr. Naigambi presented the FiRe Award 2016 to members present. MURBS remains the top institution in this category thanks largely to the work by the Audit Committee headed by Mr. David Ssenoga. Mr. Ssenoga informed the AGM that a new format of the Auditor’s report has since been adopted and the Scheme reasonably complied with new financial reporting guidelines as issued by the Uganda Retirement Benefits Regulatory Authority (URBRA). He further noted that the Scheme duly complies with all Income Tax Requirements and reassured the AGM that MURBS maintains a meticulous track record of all owed to it by the sponsor Makerere University.
The 7th MURBS AGM held in the main hall was a well-attended affair with representation from both University Leadership and staff associations. The days emcee, Mr. Louis Kakinda often used the breaks in between sessions to introduce key members of the University leadership and staff associations. In attendance were; Mr. Bruce Kabaasa-The Chairperson Appointments Board, who represented Eng. Dr. Charles Wana-Etyem, the Chairperson University Council, Ag. Director of Human Resources-Mrs. Dorothy Senoga Zake, Deputy Dean of Students-Mr. Stephen Kateega, members of Council and staff.
Earlier, the Secretary to the Board of Trustees-Dr. John Kitayimbwa had introduced the new Trustees as appointed on 1st April 2017. These are; The Chairperson-Mr. Wilber Grace Naigambi, Mr. John Peter Okello and Mrs. Dorothy Nannozi Kabanda. In addition to Dr. Kitayimbwa who was reappointed as Secretary to the Board, Mr. William Ndoleriire also returned as one of five Trustees of the Board. Mr. David Ssenoga and Dr. Saul Hannington Nsubuga by virtue of their being Chairperson and Member of the Audit Committee respectively are in addition co-opted Members of the Board.
In his address to the AGM and in response to some of the questions raised by members especially regarding the safety of their investments in seemingly unpredictable equity markets, Dr. Kitayimbwa reassured the gathering that the Scheme’s fund managers; Sanlam Investments East Africa and GenAfrica Asset Managers, are some of the best in the region and keenly follow market trends to return the best value on investment.
“All investments made by the fund managers on behalf of MURBS are informed by an actuary’s inventory” said Dr. Kitayimbwa. “Our investments are also guided by an investment horizon; which in our case, based on the average age of our membership, is 15years. We have to ensure that whereas we seeking the best investments to grow the fund value, we maintain a certain level of liquidity to pay members who are eligible to leave the scheme” he further explained.
Responding to members who also felt that it was unfair to struggle with constantly rising interest rates on loans taken from commercial banks and yet they could borrow against their benefits portfolio, Dr. Kitayimbwa shared that MURBS is regulated by URBRA which has strict conditions under which a member may access their benefits, the key being upon retirement. He however reassured the AGM that URBRA is fronting the Retirement Benefits Sector Liberalisation Bill, which will hopefully provide for more flexible ways of accessing benefits to support mortgages, foot treatment costs and other needs. He further restored confidence in the members that there benefits are protected by law and in the unforeseeable event that the Scheme’s bankers were to go under, the regulator would first and foremost ensure that retirement benefits are secured before any other depositors are considered for compensation.
To reiterate Dr. Kitayimbwa’s point, Prof. Jean Barya-MURBS’ Senior Legal Counsel advised Scheme members to take keen interest and actively participate in the debates around the Retirement Benefits Sector Liberalisation Bill and the National Health Insurance Scheme bill. “Education and Health are two of the largest expenditures that we incur in life. You therefore need to be interested in these bills because we shall all benefit if they are passed in a proper manner.”
In closing the 7th AGM, the Chairperson Mr. Naigambi thanked all members for sparing time to attend the event in large numbers and urged them to further study the report they had received as well as all information on the MURBS website. “I encourage you to embrace the idea of additional voluntary contributions (AVC) in addition to the 5% by Makerere to further boost your benefits at the time of retirement” he concluded.
Kampala, 15 December 2025 — Makerere University on Monday held a reflective and inspiring Certificate Award Ceremony at the CTF 2 Auditorium , Yusuf Lule to award academic staff who completed the Graduate Supervision and Mentorship Course and PhD Students who successfully undertook the University’s compulsory cross-cutting doctoral courses. The event was presided over by the Deputy Vice Chancellor – Academic Affairs, Prof. Sarah Ssali.
The ceremony honored the efforts and achievements of 58 academic staff members, 39 men and 19 women from various colleges including CEDAT, CAES, CEES, COVAB and COBAMS, who completed a rigorous three-week Graduate Supervision and Mentorship programme.
Additionally, PhD students were recognized for completing cross-cutting courses in Philosophy of Methods, Scholarly Writing and Communication, and Advanced Research Methods.
Left to Right: Prof. Julius Kikooma, Prof. Sarah Ssali and Dr. Dorothy Sebbowa Kyagaba follow proceedings.
In her keynote remarks, Prof. Sarah Ssali, the Deputy Vice Chancellor–Academic Affairs, delivered a message of encouragement and renewed commitment to research excellence at Makerere University.
“It is both an honor and a privilege to be here today to celebrate a significant academic milestone, the completion of the PhD Cross-Cutting Courses by our students and the award of Supervision Certificates to our academic staff.”
“Your completion of this course is not just a personal achievement, but a critical contribution to strengthening the research and mentoring capacity of Makerere University.”
To the PhD students, Prof. Ssali offered warm congratulations and encouragement. “These courses have equipped you with essential tools to conduct high-quality, ethical research and to engage with complex academic questions. This achievement reflects your hard work, intellectual growth, and commitment to excellence.”
She reaffirmed Makerere University’s commitment to research advancement. “As a University, we remain deeply committed to fostering a culture of research excellence. We will continue to invest in both our students and our staff, ensuring that we uphold the highest standards in research and academic supervision.”
The Director of Graduate Training, Prof. Julius Kikooma, challenged the PhD students to approach research with urgency, intentionality, and a clear sense of purpose.
Prof. Julius Kikooma, the Director of Graduate Training.
“Completing the crosscutting courses in Philosophy of Methods, Advanced Research Methods, and Scholarly Writing and Communication has not been an easy task. However, the certificate alone is not the end goal. Don’t simply compile these certificates. Make them meaningful.”
Prof. Kikooma emphasized that the value of the courses lies in applying the knowledge gained. “These certificates give you the foundation knowledge. The question now is: Can we see the application of that knowledge in your different fields?”
He further urged doctoral students to begin producing serious academic work now, not at the end of their studies. “If you are becoming someone to be listened to, start now. It means the course is becoming useful. Write about issues that speak to societal challenges. Produce thinking pieces. Produce better outputs. “Look for low-lying fruits that can make your PhD journey more exciting and impactful.”
Prof. Kikooma also reminded students that while the PhD journey is shared by the academic community, its weight is uniquely felt by the candidates. “Your PhD journey is ours as a group. But you feel the heat. Speak to us so we understand your challenges. “You cannot be here for more than three years. Why are some of you still here? Is the journey heavy? How can we support you to complete it?” He asked.
He encouraged students to build thought leadership through the PhD Forum, adding that the forum is a strong voice for the students. A PhD is automatic leadership in the knowledge domain. Why doesn’t the PhD Forum come up with periodic writings that reflect what communities are experiencing? Start now so that by the time you finish the course, you hit the ground running.”
The Ag. Director of the Centre for Teaching and Learning Support (CTLS), Dr. Dorothy Ssebowa Kyagaba, gave a message to the academic staff who completed the Graduate Supervision and Mentorship Course, speaking with admiration for their dedication and high level of engagement.
Dr. Dorothy Sebbowa Kyagaba, the Ag. Director of the Center for Teaching and Learning Support (CTLS).
“I congratulate all the academic staff who have completed the three-week Graduate Supervision and Mentorship Course. Your commitment, hard work, and enthusiasm have been evident throughout the training.”
She described the course as a cornerstone of Makerere’s commitment to strengthening graduate supervision. “This course is a key component in Makerere University’s drive to strengthen the quality of graduate training, research supervision, innovation, and strategic partnerships.”
She highlighted the thematic richness of the training; covering Knowledge Production Perspectives, Supervisory styles, Supervisory meetings and conversation skills, Research Ethics, Intercultural supervision and diversity, Scholarly writing and feedback as well as Examination processes and Doctoral Viva. She expressed gratitude to the Directorate of Graduate Training led by Prof. Kikooma, and to Prof. Ssali for providing leadership that advances graduate training across Makerere University.
The approval by the Parliament of Uganda of a US$162 million concessional loan from the Korea Export-Import Bank (KEXIM) on 16th December 2025 marks a pivotal moment for Makerere University, as the institution enters the fourth year of its second century of existence. This funding approval comes at a critical moment as the university underscores its intention to become research-intensive, against the pressing need to align with global standards in science, technology, engineering, and mathematics (STEM) education.
With student numbers growing from 5,000 three decades ago to approximately 35,000 today, Makerere‘s facilities continue to be stretched. The loan’s timely approval during a plenary session chaired by Deputy Speaker Rt. Hon. Thomas Tayebwa, underscores the government’s commitment to revitalizing higher education amid national development goals outlined in the National Development Plan IV and the Ten-fold Growth Strategy.
Anticipated Developments
The loan will finance the construction of a state-of-the-art science and technology center, complete with advanced laboratories and innovation hubs for engineering disciplines. Upgrades to existing labs and smart classrooms at the College of Computing and Information Sciences are planned, alongside new buildings for Electrical, Civil and Mechanical Engineering Departments.
The College of Health Sciences will see expanded preclinical education facilities, and a dedicated structure for the School of Dentistry will incorporate cutting-edge equipment for dental technology, education, and clinical practice. These initiatives are not mere expansions; they aim to elevate Makerere to international benchmarks, fostering an environment where students can engage in hands-on research and practical training.
Furthermore, capacity-building programs will empower staff to harness new technologies, ensuring sustainable operations long after the 42-month implementation period, spanning financial years 2025-2026 to 2029-2030. The timing couldn’t be more opportune. Uganda’s ratio of science and technology graduates to humanities remains at 2:5, a ratio the loan is anticipated to improve to least 3:5 by 2030.
The loan facility addresses immediate challenges like inadequate spaces for growing programs, such as the Bachelor of Medicine and Bachelor of Surgery, which has seen a rise in intake, with increased interest from international applicants. Additionally, by investing in PhD training at Makerere, the loan reduces reliance on costly overseas programs, enabling resources to be redirected toward comprehensive educational enhancements.
Government’s Broader Strategy
Makerere as the premier regional institution has been prioritized to receive funding based on Government’s recognition of the trickle-down effect that enhancing the capacity at the university has on other higher education institutions and the education ecosystem. This approval builds on Makerere‘s legacy of resilience, positioning it as a beacon for African innovation. In an era where technological advancement defines global progress, this loan propels Makerere toward producing graduates equipped to tackle real-world challenges, from climate resilience to digital transformation.
Ultimately, the KEXIM loan is a timely catalyst for Makerere‘s renaissance. It not only revamps physical infrastructure but also reignites the university’s role in socio-economic transformation, with the Ministry of Education and Sports (MoES) as the executing agency. Therefore, as Uganda eyes Ten-Fold Growth from approximately $50 billion (2023) to $500 billion by 2040 via Agro-industrialisation, Tourism, Mineral-based industrialisation, Science and Technology/ICT (ATMS), empowering Makerere University is not just strategic—it’s essential.
Taking Stock of Previous Support
The African Development Bank’s (AfDB) US$29.2 million under the HEST program in 2016 funded infrastructure at Makerere, including two centralised teaching facilities with lecture rooms, auditoriums, e-learning labs, and specialized facilities like diagnostic, biotechnology, GIS, and computer labs. These transformed the skyline, enhanced large-class teaching, research access, and service provision to a thriving staff and students’ community.
Makerere University today hosted a delegation of members from the European Union (EU) for a high-level engagement aimed at reviewing the University’s involvement in EU cooperation programmes. The meeting focused on the linkages between the Erasmus+ Programme, Makerere University’s internationalization strategy, and the related institutional management and coordination structures.
The delegation was received by Deputy Vice Chancellor (Academic Affairs) Professor Sarah Ssali, provided an overview of how EU cooperation programmes are coordinated across different offices within the University. She highlighted Makerere’s integrated institutional approach to managing EU-funded initiatives, emphasizing collaboration among academic units, administrative offices, and support departments to ensure effective implementation and sustainability of projects.
Professor Sarah Ssali presenting to the delegation.
Prof. Sylivia Antonia Nakimera Nanyonga-Tamusuza presented an overview of how grants are handled at Makerere University, with particular emphasis on the role of the Grants Management and Support (GAMSU) Office. She explained that the office provides end-to-end support for externally funded projects, including proposal development, grant negotiation, compliance, financial accountability, reporting, and capacity building for project teams. The GAMSU Office plays a critical role in ensuring transparency, efficiency, and compliance with donor requirements, including those of the European Union.
Prof. Sylivia Antonia Nakimera Nanyonga-Tamusuza(R) interact with the delegation.
The University Secretary, Mr. Yusuf Kiranda, addressed the meeting and outlined how the University’s resources are managed to support academic programmes and international cooperation initiatives. He further explained the role of the Office of the University Secretary in supporting students, including policy oversight, governance, student welfare, administrative coordination, and ensuring that institutional systems effectively support teaching, research, and international partnerships.
Ms. Betty Nabisubi
Ms. Betty Nabisubi from the International Relations Office (IRO) provided a comprehensive overview of how Erasmus+ programmes are coordinated within her office. She explained that the IRO supports Erasmus students and staff from the time they arrive at Makerere University until their departure. This includes orientation, immigration support, accommodation guidance, academic coordination, cultural integration, and continuous student support. She also highlighted additional services offered by the office, such as partnership development, mobility coordination, and facilitation of international collaborations.
Following the institutional presentations, project representatives were allocated 30 minutes for structured discussions with EU project contact persons. The session began with short presentations focusing on project results, impact, and sustainability, followed by an interactive discussion and question-and-answer session. The representatives presented their projects clearly and confidently, demonstrating strong outcomes and long-term impact aligned with both Makerere University and EU cooperation objectives.
Overall, the engagement was highly productive and fruitful, providing a valuable platform for knowledge sharing, reflection on best practices, and strengthening collaboration between Makerere University and the European Union. The discussions reaffirmed Makerere University’s commitment to effective internationalization, accountable project management, and sustained partnerships under EU cooperation programmes.