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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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Press Statement: Makerere 76th Graduation Ceremony

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Prof. Barnabas Nawangwe (Centre) presents one of the printed batches of transcripts the Registrar College of Computing and Information Sciences (CoCIS)-Ms. Ruth Iteu Eyoku (2nd Right) as Right to Left: DVCAA-Prof. Sarah Ssali, AR-Prof. Buyinza Mukadasi and Ms. Prossy Nakayiki witness on 28th January 2026. Vice Chancellor's Press Briefing on the 76th Graduation due to be held 24th-27th February 2026 at Makerere University, Kampala Uganda, East Africa.

Makerere University’s 76th graduation ceremony will be held from February 24th – 27th, 2026, at the Makerere University Freedom Square, starting at 8.30am. During the 76th graduation ceremony, we shall confer degrees and award certificates to 185 PhDs, 2034 Masters, 6,043 bachelors, 137 postgraduate diplomas and 33 diplomas.

I am proud to announce that in comparison to the 75th graduation, we have registered a 30% growth in graduate student output. This is a result of our strategic decision to prioritize graduate education per our research-led agenda.

I also wish to announce that the transcripts have been finalized and are ready for pick up. Today, I am handing over the ready transcripts to the College principals and can be picked up from respective Colleges even before the graduation ceremony.

Important to Note:

In preparation for the graduation ceremony, the University wishes to note the following:

  1. Pre-graduation clearances
    Graduands are reminded to clear all necessary payments such as tuition and all graduation
    fees. It is also important to check with your College to ensure your name is on the graduation
    list and all mandatory clearances with university officials have been finalized. Note and
    internalize the graduation schedule (attached) to know which day you are graduating.
  2. Securing the graduation gowns
    Graduation gowns will be issued starting from 2nd February 2026 from the University Hall (Dinning Hall), Monday to Friday, from 9am to 4pm. To collect your gown, check and ensure your name appears on the Senate Graduation list, present your student number or National ID, and proof of payment for the gown.
  3. Security requirements
    • Attendance: For each day of graduation, entrance to the graduation ground will be by invitation only. Graduands will be issued with invitation cards which permits two guests per graduand. Do not come with more than two people or they will not be allowed access to the graduation venue. Graduands are encouraged to arrive to settle at the Freedom Square by 7am on graduation day to for a seamless flow of planned activities including the necessary security checks.
    • Prohibited items: Prohibited items include firearms, sharp instruments like mirrors and knives, alcohol, cell or batteries and chemicals, canned food and drinks, laptops, flashes and hard disks, radios including pocket radios, bottled drinks, cameras, large bags or any other heavy items.
    • Media: All media and journalists who wish to cover the ceremony must be pre-accredited by the Makerere University Public Relations office or they will not be allowed to access the ceremony venue. The access point for accredited media personnel will be the Senate Building.
    • Parking: There will be two designated parking areas; Rugby Grounds for those coming through the Eastern and Main Gate; and the second one is the Makerere University Main Grounds at Makerere College School. For VVIPs, VIPs and procession parking will be at CTF1, Directorate of Legal parking, St Francis and St Augustine parking, JICA and Senate Building.
    • Access Control: To ease traffic flow and management, the University has planned three access points to the graduation venue: the School of Social Sciences, Senate Building and the University Swimming Pool.
  4. For help and inquiries
    • Starting February 2, 2026, the Academic Registrar ’s Office and Graduation Committee will set up an information tent outside the Senate Building to provide guidance and handle all inquiries pertaining to graduation.


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Re-Advert for the Position of the Second Deputy Vice Chancellor

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An aerial shot of the Main Building, as taken by a drone over the Freedom Square with Left to Right: CHUSS, St. Francis, St. Augustine and CAES Buildings and the Kikoni area (Background) in view. Makerere University, Kampala Uganda, East Africa.

Makerere University is governed by the Universities and Other Tertiary Institutions Act, Cap 262. The University is seeking applications from suitably qualified applicants for the position of Second Deputy Vice-Chancellor. The Second Deputy Vice Chancellor holds a pivotal role in financial governance, institutional planning, and administrative leadership.

1.        POSITION:  SECOND DEPUTY VICE-CHANCELLOR

2.        SALARY SCALE: PU2

3:        DUTY STATION: MAKERERE UNIVERSITY

  4.       ROLE

The Second Deputy Vice-Chancellor will report to the Vice–Chancellor and shall:

  1. Assist the Vice Chancellor in performance of his or her functions and in that regard shall oversee the finances and administration of the University;
  2. Be responsible for the Planning and Development of the University and,
  3. Perform such other functions that may be delegated to him or her by the Vice Chancellor or assigned by the University Council.

5.         PURPOSE OF THE JOB

To provide strategic leadership and ensure efficient and sound financial, human and fiscal resources management in the University.

6.         DUTIES AND RESPONSIBILITIES

  1. Provide leadership in Strategic planning and governance, leadership and administrative experience, Human resource and performance Management, Stakeholder engagement and collaboration.
  2. Provide leadership in preparation and implementation of the University’s recurrent and capital budgets.
  3. Monitor the development and implementation of the University’s accounting procedures, manuals and other documents relating to financial control and Management as per approved financial regulations.
  4. Oversee income and expenditure of all income generating units of the University.
  5. Coordinate the production of the University-wide Financial Reports by Colleges and Units.
  6. Management of human resources in the University.
  7. Oversee the management of University Estates and Assets.

7.  CANDIDATE SPECIFICATION

  1. Hold a PhD or any other academic doctorate.
  2. Be at the rank of associate or full professor level in an institution whose academic ranking is comparable with that of Makerere University as accepted by Senate.
  3. Be a Ugandan citizen within the age bracket of 40 to 65 years at the time of application.

7.1 Academic Qualifications

  1. Earned a Ph.D. or equivalent doctorate should be acceptable by Senate.
  2. At least five years of financial or administrative leadership experience at the level of school dean/director or higher in a higher education institution, public service, or corporate institutions.
  3. Supervised at least ten (10) postgraduate students (Master’s and Ph.D.) to completion. At least three of the students must be at the PhD level.

7.2 Strategic Planning and Governance

  1. Experience in leading large administrative teams at the level of dean or higher, demonstrating efficiency and productivity.
  2. Proven record in developing and executing strategic plans, aligning financial and administrative objectives with institutional goals.
  3. Evidence of developing and implementing financial policies that have improved financial efficiency, transparency, and risk management.
  4. Evidence of implementing organisational restructuring or process improvements to ensure operational efficiency.
  5. Ability to develop and implement institutional policies, ensuring compliance with national higher education and financial regulations.

7.3 Leadership & Administrative Experience

  1. Minimum 5 years of senior academic leadership in a recognized institution comparable with that of Makerere University, as accepted by Senate.
  2. Demonstrated experience in managing budgets exceeding UGX 500,000,000=, ensuring financial sustainability and accountability.
  3. Proven ability to mobilize resources, secure grants, and attract external funding to support institutional growth.
  4. Experience in conducting financial forecasting, cost control measures, and investment strategies to optimize institutional resources.
  5. Track record of leading financial audits and compliance assessments in alignment with national and international financial regulations.
  6. Experience in handling procurement, asset management, and infrastructure development, ensuring transparency and value for money.

7.4       Human Resource and Performance Management

  1. Track record of leading workforce planning, recruitment, and talent development strategies, ensuring a high-performance institutional culture.
  2. Experience in implementing performance-based appraisal systems, leading to improved staff efficiency and accountability.
  3. Proven ability to foster industrial harmony, resolving labour disputes and improving employer-employee relations.

7.5        Infrastructure Development and Resource Optimization

  1. Experience in overseeing capital development projects, ensuring timely delivery and cost efficiency.
  2. Track record of overseeing the maintenance and expansion of university facilities, enhancing institutional infrastructure.
  3. Proven ability to negotiate and manage contracts for outsourced services, ensuring cost-effectiveness and quality standards.

7.6          Digital Transformation and ICT Integration

  1. Experience in integrating ICT solutions in financial and administrative operations, improving service delivery and efficiency.
  2. Evidence steering the automation of financial, procurement, and HR systems, reducing paperwork and improving real-time decision making.
  3. Proven ability to implement cybersecurity measures that safeguard institutional financial and administrative data.

7.7          Stakeholder Engagement & Collaboration

  1. Demonstrated experience in building partnerships with government agencies, donors, private sector investors, and international organizations to enhance institutional funding.
  2. Proven ability to engage faculty, students, and staff in financial decision-making, ensuring transparency and inclusivity.
  3. Experience in negotiating contracts, partnerships, and collaborations that have led to financial and administrative growth.

7.8        Personal Attributes

  1. High level of integrity, transparency, and ethical leadership, with a record of financial prudence.
  2. Strong analytical, problem-solving, and decision-making skills, backed by evidence of successfully managing complex financial and administrative challenges.
  3. Excellent communication, negotiation, and interpersonal skills, ensuring effective stakeholder engagement.
  4. A visionary leader with the ability to drive financial sustainability. administrative efficiency, and institutional growth.

8.         REMUNERATION

An attractive remuneration package that is in accordance with Makerere University terms and conditions of service.

9.         TENURE

The Second Deputy Vice Chancellor shall hold office for a period of five years   and shall be eligible for re-appointment for one more term.  

10.       METHOD OF APPLICATION

Interested applicants are invited to submit their application letters. The following documents shall comprise a complete application:

  1. A signed letter of application;
  2. A vision statement;
  3. Curriculum Vitae with contact details signed and dated by the applicant;
  4. Copies of required minimum number of publications;
  5. Certified copies of academic transcripts and certificates;
  6. Three (3) letters of recommendation;
  7. Copies of letters of appointment to leadership positions at the level of Dean of a School in a national accredited university or other academic institution;
  8.  A copy of the applicant’s National Identity Card or passport;
  9. A copy of the last clearance from the Inspector General of Government or other equivalent national body;
  10. Referees should be advised to send confidential reference letters, addressed to the Chairperson Search Committee for the Position of Second Deputy Vice Chancellor and delivered directly to the address below by 5:00 pm on Friday 13th February, 2026;
  11. The references should cover the following areas: the applicant’s academic credential, experience, leadership, managerial and administrative skills and personal integrity.

Both Hardcopy and Electronic (Email) applications shall be accepted.

  1. Hardcopy applications: Both confidential letters and sealed applications marked “CONFIDENTIAL: POSITION OF SECOND DEPUTY VICE CHANCELLOR” should be addressed to:

SECRETARY SEARCH COMMITTEE

THE ACADEMIC REGISTRAR

MAKERERE UNIVERSITY

6TH Floor, ROOM 602, SENATE BUILDING

P.O.BOX 7062, KAMPALA, UGANDA

  1. Electronic media (e-mail) applications should have all the above documents scanned and emailed to search.dvcfa@mak.ac.ug by 5.00 pm East African Standard Time on Friday 13th February, 2026.

Please note that:

  1. Incomplete applications or applications received after the closing date and time will not be considered.
  2. Only shortlisted applicants shall be contacted.
  3. Applicants who responded to the advertisements published on 31st December 2025 (The New Vision) and 2nd January 2026 (The Daily Monitor) do not need to re-apply.

For more Information and inquiries: 

Visit our website https://mak.ac.ug/search-for-dvcs OR email us on search.dvcfa@mak.ac.ug OR Call Telephone number: +256-414-532634 during working hours (between 8:00 am to 5:00 pm Monday to Friday).

MAKERERE UNIVERSITY IS AN EQUAL OPPORTUNITY EMPLOYER

Prof. Mukadasi Buyinza

ACADEMIC REGISTRAR

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Press Statement: Makerere University Congratulates Former Staff and Students on Successful Election to Public Office

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An aerial photo of Clockwise Top Left to Right: St. Francis Chapel, Main Building, CAES, JICA Building, Chemistry Building, Mathematics, School of Statistics, Main Library, Yusuf Lule Central Teaching Facility, CoBAMS, EPRC, IGDS and the Freedom Square. Makerere University, Kampala Uganda, East Africa.

Makerere University warmly congratulates its former staff and students who emerged victorious in the 2026 national elections. Their success is a source of immense pride to the University and a strong affirmation of Makerere’s efforts to not only nurture academic excellence but also free expression and leadership. It is evidence of Makerere’s enduring impact and contribution to leadership, public service, and national development.

We are particularly pleased to recognize the following distinguished members of the Makerere University community who emerged victorious:

  1. Dr. Kiyonga Crispus Walter, Chancellor of Makerere University, on his election as MP for Bukonzo West.
  2. Rt. Hon. Tayebwa Thomas, former Chair, Finance, Planning, Administration, and Investment Committee of the University Council, on his re-election unopposed as MP for Ruhinda North and approval by the NRM Central Executive Committee (CEC) as Deputy Speaker 12th Parliament.
  3. Mr. Kabaasa Bruce Balaba, Chair, Finance, Planning, Administration, and Investment Committee of the University Council, on his election as MP for Rubanda County West.
  4. Hon. Nobert Mao, former Guild President, on his re-election as MP for Laroo-Pece.
  5. Mr. Alionzi Lawrence, former Guild President of Makerere University, on his election as Lord Mayor of Arua City.
  6. Mr. Maseruka Robert, former Guild President of Makerere University, on his election as MP for Mukono South.
  7. Mr. Gyaviira Lubowa Ssebina, former Deputy Bursar of Makerere University, on his election as MP for Nyendo–Mukungwe.
  8. Prof. Lubega George Willy, former Staff at College of Veterinary Medicine, Animal Resources and Biosecurity (COVAB), on his election as MP for Bugangaizi South.
  9. Prof. Ahebwa Wilber Manyisa, former Staff at College of Agricultural and Environmental Sciences (CAES), on his election as MP for Nakaseke North.
  10. Dr. Asiimwe Florence Akiiki, former Staff at College of Humanities and Social Sciences (CHUSS), on her election as Woman MP for Masindi District.
  11. Dr. Kasigwa Gerald, former Staff at College of Business and Management Sciences (CoBAMS), on his election as MP for Kigorobya County.
  12. Hon. Adeke Anna Ebaju, former Guild President, on her re-election as Woman MP for Soroti District.
  13. Hon. Onekalit Denis Amere, former Guild President, on his re-election as MP for Kitgum Municipality.
  14. Hon. Karuhanga Gerald, former Guild President, on his re-election as MP for Ntungamo Municipality.
  15. Hon. Aber Lillian, former Vice Guild President, on her re-election as Woman MP for Kitgum District.
  16. Hon. Nyamutoro Phiona, former Vice Guild President, on her election as Woman MPfor Nebbi District.
  17. Dr. Lakisa Mercy Faith, former Vice Guild President, on her election as Woman MP for Alebtong District.
  18. Ms. Lenia Charity Kevin, former Vice Guild President MUBS, on her election as MP for Vurra County.
  19. Dr. Nambassa Shamim, former Guild President, on her election as LC V Woman Councilor for Kawempe South.
  20. Dr. Nalukwago Judith, former Vice Guild President, on her election as LC V Woman Councilor for Makindye West.
  21. Ms. Nattabi Margaret, former Vice Guild President, on her election as Female Youth Councilor for Mukono Municipality.
  22. Mr. Kizito Abasi, former Guild Minister, on his election as LC V Chairman for Lwengo District.
  23. Ms. Ssonko H. Namuganga, former Guild Minister, on her election as Female Youth Councilor for Kalungu District.

Makerere values dialogue, democracy, and responsible citizenship, and continues to make deliberate and progressive efforts to enhance participation in leadership and governance. We are confident they will serve with dedication, wisdom, and integrity.

We Build for the Future.

Mak Editor

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