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MURBS Declares 34% Fund Value Growth at 7th AGM

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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.

L-R: Dr. John Kitayimbwa, Mr. Wilber Naigambi, Mr. David Ssenoga, Mr. John Peter Okello and Mrs. Dorothy Kabanda at the 7th MURBS AGM

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.

L-R: Former MURBS Chairperson-Hajati Fatumah Nakatudde, with retired Trustees Prof. Julius Zake and Mr. Bruce Twesigye at the 7th AGM

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.

Prof. James Kigongo a retiree on contract makes his contribution during the 7th MURBS AGM

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.

L-R: Principal Pensions Officer-Ms. Susan Khaitsa, Mr. Joseph Njuguna-Octagon, Mr. Wilson Kayindi-KPMG and other service providers listen to proceedings during the interactive session

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.”

A cross-section of MURBS service providers; Octagon, Sanlam, GenAfrica, Stanbic and KPMG, at the 7th AGM

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.

Article by Public Relations Office

Mark Wamai

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Application for Admission to Graduate Programmes 2026/27

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Makerere University Centenary Monument

Update 31st March 2026: Application Deadline Extended to Thursday 30th April 2026

The Academic Registrar, Makerere University invites applications for admission to Graduate Programmes (Postgraduate Diplomas, Masters and Doctoral Degree Programmes) for the 2026/2027 Academic Year.

Applicants should have obtained at least a first or second class degree (or its equivalent) from a Chartered University at the time of completion. Applicants should also possess a Uganda Certificate of Education (or its equivalent) and a Uganda Advanced Certificate of Education (or its equivalent).

Sponsorship:
All Graduate Programmes are PRIVATELY-SPONSORED. Therefore, applicants seeking sponsorship should have their applications endorsed by their respective sponsors where applicable. Applicants should note that the various fees payable to the University indicated for the various programmes EXCLUDE functional fees, accommodation, books, research and other expenses.

The available programmes including the tuition fees applicable can be found in the following document:

Procedure of Submitting an Application:

  1. Visit the Makerere University’s Admissions URL https://apply.mak.ac.ug
  2. Sign up using full name, e-mail and Mobile No. Please note that your name must be similar to the one on your supporting academic documents for your application to be considered valid.
  3. A password will be sent to both your e-mail and mobile number.
  4. The system will prompt you to change the password to the one you can easily remember.
  5. To fill a form (all form sections must be filled) the applicant clicks on the APPLY NOW button (for first time applicants) or MY PORTAL button (for renewal of application) displayed on the appropriate scheme i.e. Taught PhDs, Masters & Postgrad Diplomas OR PhD by Research.
  6. All academic transcripts/certificates and passport photos should be scanned and uploaded on the system.
  7. You can access the referees’ letter by following the following link: https://dgt.mak.ac.ug/resources/referees-letter-of-recommendation-for-admission-to-a-graduate-programme/ These should be filled, scanned and uploaded.
  8. Obtain a payment reference number [PRN] by clicking on “Pay for Form” button
  9. Make the following payments at any of the banks used by URA
    i) Application fee = UGX 50,000 (East African applicants) or UGX 151,500 (International Applicants)
    Account Name: UGANDA REVENUE AUTHORITY COLLECTIONS
    Account No: 003410158000002
    For INTERNATIONAL APPLICANTS, application fees can be transferred either by EFT
    or any other means in UGX to a designated
    URA collection account in Bank of Uganda as follows:
    Swift Code: UGBAUGKAU
    Bank Name: BANK OF UGANDA
    Bank Address: KAMPALA, UGANDA
    Currency: UGANDA SHILLINGS
  10. Strictly observe the closing date on 30th April 2026.
  11. All Applicants for Master of Laws (LLM) will do a Graduate Admission Test (GAT) consisting of an oral Interview and written test on dates and other requirements to be communicated by the School.
  12. All Applicants for Master of Business Administration (College of Business and Management Sciences and Makerere University Business School) will do a GMAT test on dates to be communicated by College of Business and Management Sciences and Makerere University Business School respectively.
  13. For further information regarding admission requirements for the specific
    programmes, visit our website https://dgt.mak.ac.ug.

Mak Editor

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Celebrating a Life of Loyal and Distinguished Service

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Celebrating Pastor John M. Ekudu-Adoku, Dean of Students (1995-2010). Makerere University, Kampala Uganda, East Africa

The Makerere University community has with great sadness received the news of the passing on of our long serving Dean of Students, Father figure and Mentor to thousands of our alumni, Pastor John Ekudu. Please accept our sincerest condolences.

If loyal and distinguished service had a face, that face would be Pastor John Ekudu. A concurrent graduate of the Bachelor of Science (Botany/Zoology) and Diploma of Education of Makerere University in 1974, he, like many in that turbulent era, could have chosen to flee, but he didn’t.

Instead, he chose to stay, and along with many fresh graduates and senior staff, graciously accepted the title of “economic war lecturers/professors”, whose selflessness kept Makerere’s gates open during unpredictable times. In 1982 he was appointed Warden of Kabanyolo Hostel and thereafter Warden of University Hall in 1989, where he was promoted to the rank of Senior Warden.

In 1995 he was promoted to Dean of Students and whereas this would marked the beginning of a time to seat back and relax, it turned out to be a baptism of fire. The introduction of private sponsorship and cost-sharing which dealt away with “boom” incensed students. And then came the nightmare serial killings of students in 1996 and 1997.  Dealing with strikes became his daily bread but still he chose to stay.

But he did more than stay. He thrived, improving students’ meals with the introduction of much-needed animal protein, not to mention the daily dose of bread and rice. Pastor Ekudu was the true embodiment of taking the stumbling blocks that life throws at you and trusting God to help you turn them into stepping stones.

We therefore stand with the family during this trying time and pray that the God Almighty, who knows the plans He has for each and every one of us will continue to comfort and strengthen you.

May Pastor John M. Ekudu-Adoku’s soul rest in eternal peace.

Mak Editor

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RIMS Implementation to End Supervision Delays, Enhance Transparency, Close Gaps and Boost Research Excellence at Makerere University

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Prof. Julius Kikooma and Prof. Ruth Nsibirano during the visit to IGDS on 27th March 2026. Directorate of Graduate Training (DGT) digital transformation in graduate education with the implementation of the Research Information Management System (RIMS), a platform expected to end supervision delays, enhance transparency, close long-standing gaps, and boost research excellence, 27th March 2026, Institute of Gender and Development Studies (IGDS), Makerere University, Kampala Uganda, East Africa.

By Moses Lutaaya

Kampala, Uganda27th March 2026: Makerere University has intensified its push toward digital transformation in graduate education with the implementation of the Research Information Management System (RIMS), a platform expected to end supervision delays, enhance transparency, close long-standing gaps, and boost research excellence.

Leading this shift, the Director of Graduate Training at Makerere University, Prof. Julius Kikooma, emphasized that the initiative is part of ongoing collaboration with academic units.

“Our visit to the Institute of Gender and Development Studies is part of continuous engagement to strengthen graduate training,” Prof. Kikooma said. “RIMS is not just about technology—it is about improving how students and supervisors work together, how progress is tracked, and how the university ensures quality and timely completion.”

He noted that the university is already making strides in graduate output, citing a recent milestone of over 200 PhD graduates, with 40 percent female representation—an indicator of progress toward gender equity.

“We want to push that to 50 percent,” he said. “RIMS will help us get there by providing data, improving coordination, and addressing inefficiencies in supervision and monitoring.”

Prof. Kikooma emphasized that the system will also support the university’s broader goals, including internationalization and improved research productivity, by streamlining application, supervision, and reporting processes.

“With digitization now fully underway, we cannot go back,” he said. “RIMS will allow supervisors to track student performance in real time, and management will be able to access accurate reports at the click of a button.”

He added that adoption of the system is mandatory for all academic staff, noting that it will become a key tool for measuring performance and institutional accountability.

Building on this vision, Prof. Ruth Nsibirano, Director of the Institute of Gender and Development Studies, highlighted how RIMS will directly address supervision gaps that have historically affected graduate completion.

“I’m very certain RIMS is going to bridge the gap between supervisors and supervisees,” she said. “It will ensure constant updates, structured engagement, and clear records of progress for every student.”

Prof. Julius Kikooma (L) and Prof. Ruth Nsibirano (R). Directorate of Graduate Training (DGT) digital transformation in graduate education with the implementation of the Research Information Management System (RIMS), a platform expected to end supervision delays, enhance transparency, close long-standing gaps, and boost research excellence, 27th March 2026, Institute of Gender and Development Studies (IGDS), Makerere University, Kampala Uganda, East Africa.
Prof. Julius Kikooma (L) and Prof. Ruth Nsibirano (R).

Prof. Nsibirano explained that one of the major challenges in the past has been the lack of visibility in supervision, where both students and supervisors operated without clear documentation of their interactions.

“Knowledge of what was happening was often missing because supervisors and students remained distant,” she said. “Now, there will be records showing when supervision took place, what was discussed, and who has not been responsive.”

She noted that this transparency will significantly improve efficiency and reduce delays on both sides.

“Both students and supervisors will know that their work is being tracked,” she said. “This awareness alone will improve accountability and reduce unnecessary delays.”

However, she cautioned that while RIMS will strengthen supervision systems, financial challenges facing graduate students remain a critical issue.

“We must also address the reality of limited financial support,” she said. “Even with strong systems, students still need resources to complete their studies.”

Prof. Nsibirano expressed confidence that both staff and students are ready to adopt the digital platform, noting that familiarity with technology is no longer a major barrier.

At the operational level, Dr. Julius Mugisa, Coordinator of Graduate Studies at the Institute, underscored the practical impact RIMS will have on day-to-day supervision.

“In fact, it is a very good system. It will facilitate easy supervision,” Dr. Mugisa said. “Previously, you could send comments to a student and wait five weeks without a response. Now, the system will clearly show who is delaying and who is not.”

He emphasized that the transparency of RIMS will eliminate guesswork and misunderstandings by ensuring that all supervision activities are recorded and accessible.

“There will be clear evidence of engagement—comments, timelines, and responses,” he said. “This removes the blame game and helps everyone focus on progress.”

Dr. Mugisa dismissed concerns that increased monitoring might intimidate supervisors, instead framing it as a positive step toward professionalism.

“We are here to do our work for the university,” he said. “The system is not about punishment—it is about improving efficiency and ensuring that responsibilities are fulfilled.”

He added that the accountability introduced by RIMS will encourage timely feedback and active participation from both supervisors and students.

“When you know the system is tracking progress, it helps you stay on course,” he said. “Monitoring is important, and it benefits everyone.”

Dr. Mugisa also noted that improved supervision and faster feedback could enhance Makerere University’s attractiveness to prospective graduate students.

“Students want assurance that their work will be reviewed on time,” he said. “With RIMS, that confidence will increase, and more students will be encouraged to enroll.”

As Makerere University continues to implement RIMS across its academic units, leaders believe the system will mark a turning point in graduate education—driving efficiency, strengthening accountability, closing supervision gaps, and positioning the institution as a leader in research excellence in Africa.

Mak Editor

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