Connect with us

General

MURBS Declares 17% Return to Members Ahead of 8th AGM

Published

on

The Makerere University Retirement Benefits Scheme (MURBS) has declared a rate of 17% return to Makerere University Staff members which was above their target by three points. This was revealed during a press conference held on Tuesday, 16th October 2018 in the Quality Assurance Tele-presence Centre, Senate Building, Makerere University.

Between 1996 and June 2005, Makerere University operated a Deposit Administration Plan (DAP) with National Insurance Corporation (NIC) with the sole purpose of providing financial security to its staff after retirement. During that time it was discovered that benefits under DAP were not able to provide a decent life to members of staff upon retirement. MURBS was formally constituted and began operations in July 2010. Since inception, MURBS has been audited by leading Audit firms eight times, and is going to have its 8th Annual General Meeting (AGM) on Wednesday, 24th October 2018.
 
According to Mr. Wilber Grace Naigambi, the Chairperson MURBS Board of Trustees, during the financial year 2017/2018, the scheme paid out benefits amounting to UGX 3.79 billion to 99 existing members compared to UGX 3.22billion in the previous year.

L-R: Chairperson Council-Eng. Dr. Charles Wana-Etyem, Vice Chancellor-Prof. Barnabas Nawangwe, DVCAA-Dr. Ernest Okello Ogwang and University Secretary-Mr. Charles Barugahare at the Joint Press Conference with MURBS

“I am glad to report that during the financial year 2017/2018, we paid out benefits on average within six days. I note with much pleasure the significant progress made by MURBS in the various aspects of its governance and management,” said Mr. Naigambi.

He revealed that rating by the Uganda Retirement Benefits Regulatory Authority (URBRA) after a thorough evaluation indicated that the MURBS Board of Trustees is performing well. “URBRA rated MURBS as the 4th biggest scheme (in terms of assets) in Uganda after NSSF, Bank of Uganda and the Parliamentary Pension Scheme.”

The Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe said that Makerere University Management recognizes the importance of MURBS in the running of the University as it provides employees with an opportunity to assess their financial position in their working life.

The Vice Chancellor-Prof. Barnabas Nawangwe (C), flanked by Chairperson Council-Eng. Dr. Charles Wana-Etyem (L) and Deputy Vice Chancellor (Academic Affairs)-Dr. Ernest Okello Ogwang (R) addresses the Joint Press Conference with MURBS

“I am happy to learn that some of our staff currently have retirement benefits in excess of Uganda Shillings 200million. This has made the work of the University management easier,” said Prof. Nawangwe.

Prof. Nawangwe pledged that the University Management will continue working with MURBS to further consolidate all these achievements and reassure staff that Makerere University takes good care of its own upon retirement.

Eng. Dr. Charles Wana-Etyem, the Chairperson Makerere University Council said that Makerere University is building for a vibrant future retirement benefits sector through MURBS. He added that the 17% return MURBS has awarded to its members is going to translate into enhanced savings of Makerere University staff upon their retirement.

The Secretary MURBS Board of Trustees-Dr. John Kitayimbwa (C) flanked by his Chairperson-Mr. Wilber Grace Naigambi (R) and Principal Pension Officer-Ms. Susan Khaitsa (L) responds to questions at the Joint Press Conference

“Retiring staff now have a far higher financial security than it was previously. I wish to thank the University Management for nurturing this scheme and ensuring that monthly contributions are remitted promptly,” remarked Eng. Dr. Wana-Etyem.

The Secretary Board of Trustees, Dr. John Mulindwa Kitayimbwa, noted that all permanent staff are eligible members of the scheme, and MURBS has 15 policy documents that guide the flow of work, thus ensuring good governance. He revealed that the scheme is embarking on training Makerere University staff on how to appropriately use their retirement benefits.

MURBS is run as a fully transparent retirement benefits scheme that is fully compliant with all regulatory requirements. It intends to uphold this by laying a firm institutional foundation for its governance and management systems. In so doing, MURBS has raised the bar on transparency in Uganda’s retirement benefits sector.

Article by: Angom Pauline, Rachael Kanyi and Esther Joyce Nakibombo, Communication Volunteers-PR Office

Mark Wamai

Continue Reading

General

75th Graduation Highlights

Published

on

Front View of the reconstructed Main Building, Makerere University. Date Taken 8th November 2024. Kampala Uganda, East Africa.

The 75th Graduation Ceremony of Makerere University will be held at the Freedom Square. A total of 143 PhDs (64 female, 79 male), 1,813 Masters (768 female, 1,045 male), 243 Postgraduate Diplomas (96 female, 147 male), 11,455 Undergraduate Degrees (6,369 female, 5,086 male), and 8 Undergraduate Diplomas (2 female, 6 male) will be graduating from all the Colleges.

Mr. Abdul Latif Umar Bagoole emerged as the best overall and best student in the Humanities with a CGPA of 4.97 in the Bachelor of Leisure and Hospitality Management. Mr. Mubiru Enock Joel emerged as the best student in the Sciences with a CGPA of 4.91 in the Bachelor of Science.

The 75th Graduation Ceremony will be held at the Freedom Square from Monday 13th to Friday 17th January 2025 following the schedule below:

Monday, 13th January, 2025
College of Computing and Information Sciences (CoCIS)
College of Education and External Studies (CEES)
College of Veterinary Medicine, Animal Resources and Bio-security (CoVAB)
School of Law (SoL)

Tuesday, 14th January, 2025
College of Health Sciences (CHS)
College of Natural Sciences (CoNAS)
College of Business and Management Sciences (CoBAMS)

Wednesday, 15th January, 2025
Makerere University Business School (MUBS)
Faculty of Graduate Studies and Research
Faculty of Business Administration
Faculty of Tourism, Hospitality and Languages
Faculty of Marketing and International Business
Faculty of Economics, Energy and Management Science
Faculty of Entrepreneurship and Small Business Management

Thursday, 16th January, 2025
Makerere University Business School (MUBS)
Faculty of Graduate Studies and Research
Faculty of Computing and Informatics
Faculty of Management
Faculty of Commerce
Faculty of Procurement and Logistics Management

Friday, 17th January, 2025
College of Agricultural and Environmental Sciences (CAES)
College of Engineering, Design, Art and Technology (CEDAT)
College of Humanities and Social Sciences (CHUSS)

Mak Editor

Continue Reading

Education

Application for Admission to Bachelor of Education External (BED) 2025/26

Published

on

Senate Building

1.        HOW TO APPLY

Application will be online using the AIMS System after getting a pay reference number but you will have to submit certified copies of your Diploma transcripts and certificates and a passport size photograph to office 310, level 3 Senate Building after payment of application fees.

2.        MAKERERE UNIVERSITY ONLINE APPLICATION PORTAL USERGUIDE

  1. Applicants should access the Institution’s Admissions URL http://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.  If you changed your names please go to Senate Building Office 301 with an affidavit supporting the name change.
  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 the applicant clicks on the APPLY NOW button displayed on the running scheme.
  6. Obtain a payment advice slip by clicking on “Pay for Form” button
  7. Make a payment at any of  bank used by URA
  1. Print the filled form and attach certified copies of your academic documents.

3.        PROCEDURE FOR OBTAINING A PAYMENT REFERENCE NUMBER FOR

            PAYMENT OF APPLICATION FEES

  1. Go the payment reference site: https//:payments.mak.ac.ug
  2. Fill in your name;
  3. Fill in your email;
  • Fill in your telephone number – Go to the next
  • Click on the option number;
  • Application fee is 50,000/=(Undergraduate) continue and get the pay reference number
  • Go to the Bank and pay
  • Go to room 310 Senate Building and submit certified copies of your academic documents.

WARNING

  •      Applicants are strongly warned against presenting forged or other people’s

Academic documents to support their applications for admission.  The                          consequences, if discovered, are very grave indeed.

  •      Do not buy any other documents not originating from the Academic Registrar’s Office.  Those who buy them do so at their own risk.
  •      The Academic Registrar has not appointed any agents to act on his behalf to solicit for additional funds other than the application fee stated above.

The deadline for receiving applications is 28th February 2025.

Prof. Buyinza Mukadasi
ACADEMIC REGISTRAR

Mak Editor

Continue Reading

General

Admissions for Diploma Holders under Government Sponsorship for 2025/2026 AY

Published

on

Prof. Buyinza Mukadasi, the Acting Deputy Vice-Chancellor (Academic Affairs)/Academic Registrar, delivers his remarks at the Freedom Square. Freshers Orientation for Academic Year 2024/2025, 5th August 2024. Freedom Square, Makerere University, Kampala Uganda, East Africa.

The Academic Registrar, Makerere University invites applications from Diploma Holders only for admission under the Government Sponsorship Scheme (not exceeding 5% of the intake capacity) to the University Degree Programmes for the 2025/2026 Academic year listed in the Document in the link below.

  • Each applicant should possess at least a Credit or Second Class or equivalent Diploma in a relevant field from a recognised Institution plus a Uganda Certificate of Education (UCE) with at least 5 Passes (or its equivalent) and a Uganda Advanced Certificate of Education (UACE) with at least One Principal Pass and Two Subsidiary Passes obtained at the same sitting (or its equivalent).
  • A non refundable application fee of Shs.50,000/ = (Fifty thousand shillings only)plus the Bank Charge using an ACMIS Pay Reference Number should be paid to any bank used by URA before submitting a system generated application form to the Admissions Office, Room 315 Level 3, in the Senate Building, Makerere University.
  • Certified copies of Diploma Transcripts (not photocopies of certified copies) from the awarding Institutions must be attached to the application forms. Incomplete application forms shall not be processed.
  • Details of the Diplomas required for each programme can be viewed on Undergraduate Admissions Notice Board on Level 3, Senate Building, Makerere University and the University website- www.mak.ac.ug
  • N.B. Applicants will be responsible for verification of their academic documents from the awarding Institutions after admission.
  • Each applicant should also attach a copy of the Birth Certificate to the application form.

The closing date for returning the system generated application forms and certified copies of the academic documents to the University is Friday 28th February, 2025.

Mak Editor

Continue Reading

Trending