General
Trustees Commended as MURBS Registers 17% Record Return on Investment
Countless commendations from Management, Scheme Members and the Regulator – Uganda Retirement Benefits Regulatory Authority (URBRA) representatives poured in as the Makerere University Retirement Benefits Scheme (MURBS) gave details of the 17% rate of return on members’ opening balances as at 1st July 2017. This was at the 8th MURBS Annual General Meeting (AGM) held on Wednesday, 24th October 2018 in the Main Hall.
“On behalf of the University Management and the Director Human Resources, I would like to appreciate the MURBS Board of Trustees (BoT) for a job well done. Last week, MURBS organised a Joint Press Conference with the University Leadership at which the Chairperson Council-Eng. Dr. Charles Wana-Etyem praised the Board of Trustees upon the stewardship that led to the declaration of 17% return on investment,” remarked Mrs. Dorothy Senoga-Zake.
Mrs. Senoga-Zake further remarked that the Human Resources Directorate was in constant receipt of positive reports from retirees whose benefits were processed on time. “I also thank MURBS for promptly updating member statements and as a member, I am constantly aware of the monies deposited on my account,” she added.
She however expressed surprise that only six hundred out of the approximately four thousand scheme members are registered on the online portal according to the MURBS Annual Report. She therefore urged the unregistered members to expressly approach the Scheme Office and take advantage of this service so as to receive notifications of deposits and quickly follow up on any unremitted funds.
Speaking on behalf of the Regulator – URBRA, Ms. Lisa Betty Oyella commended the MURBS Board of Trustees for once again putting up a tremendous performance leading to the declaration of a 17% sector high return. She also lauded MURBS’ commitment to implementing all URBRA recommendations and effecting policies that improve the Scheme’s efficiency.
“MURBS is a very cooperative team and we commend them for always sparing time to participate in URBRA activities. We held a Trustee Training earlier today, where we needed Trustee from an exemplary scheme in the sector to speak to participants and were happy when Dr. John Kitayimbwa agreed to make a presentation despite the short notice. Please note that his willingness to join us was in the midst of preparing for this AGM,” lauded Ms. Oyella.
She also thanked the scheme members for attending the 8th AGM, noting that the annual gatherings present a platform where the regulator can interact with them and take note of matters arising. These notes, she said, can then be used to make recommendations to the BoT to help improve scheme operations.
Upon registering for 8th AGM, members were handed a copy of the MURBS Annual Report for the year ended 30th June 2018. Prominently displayed on the cover page is a photograph of a beaming retiree, former Dean, and prolific publisher of the School of Public Health, College of Health Sciences (CHS), Prof. David Musoke Serwadda.
“I was completely stunned that I received my retirement benefits within two weeks of submitting my application. I immediately invested my money and I now earn a monthly income from it – EXCELLENT SERVICE!” reads a caption in the Annual Report attributed to Prof. Serwadda.
The Chairperson MURBS Board of Trustees, Mr. Wilber Grace Naigambi in his remarks shared that the scheme had paid out benefits amounting to UGX3.79billion to exiting members during the financial year ended 30th June 2018, compared to UGX3.22billion the previous year.
“Our target of paying out benefits to members under normal retirement is thirteen working days upon receipt of the application form and complete paperwork. I am glad to report that during the financial year 2017/2018, we paid out benefits on average within six days.
"I would also like to report that in the course of the last financial year, we paid out death benefits amounting to UGX132million in respect of ten members” said the Chairperson.
Mr. Naigambi also informed the AGM that MURBS had launched the Departmental Ambassadors Programme, which was another first of clear succession planning in Uganda’s Retirement Benefits sector. Officially launched on 27th February 2018, the Ambassadors Programme membership quickly grew to forty two as at 30th June 2018. Ambassadors have since appointment undergone training in the basics of managing retirement benefits schemes and been closely exposed to MURBS operations, through participation in Trustee meetings and Board activities.
“As part of strategies to secure the retirement of our members, MURBS has started awareness programmes to popularise the annuity payment option as a viable alternative to the current lump sum payment. We believe that the annuity option is a better way of ensuring that our members have a regular income after retiring from service, and our Departmental Ambassadors have been trained on the same” added the Chairperson.
In accordance with the Board Charter; the performance of the MURBS BoT was evaluated for the period 1st July 2017 to 30th June 2018 by an independent consultant; J. Samuel Richards and Associates Certified Public Accountants. Reading the results of the evaluation on behalf of the consultant, Mr. Robert Katuntu, CPA, reported that the BoT demonstrates a high degree of competence, due skill and care in managing MURBS.
“MURBS operations are to a great extent compliant with applicable laws and regulations, as well as the Scheme’s governance policies and procedures and, majority of the Scheme’s members are satisfied with the Board’s performance” read Mr. Katuntu from part of the evaluation.
The Scheme’s Independent Auditors; KPMG Certified Public Accountants, also gave MURBS a clean bill of health. “In our opinion, the financial statements give a true and fair view of the financial position of Makerere University Retirement Benefits Scheme as at 30th June 2018, and of its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standars, the financial provisions of the Scheme Trust Deed and Rules and Uganda Retirement Benefits Regulatory Act, 2011” read Mr. Wilson Kayindi on behalf of KPMG.
Prior to discussion of the Scheme’s financial reports, the 8th AGM’s emcees; MURBS’ Principal Pension Officer-Ms. Susan Khaitsa and Mr. David Ddumba Walakira recognised the presence of the Director Internal Audit-Mr. Walter Yorac Nono, Deputy University Secretary-Mr. Yusuf Kiranda, Chairperson Makerere University Academic Staff Association (MUASA)-Dr. Deus Kamunyu Muhwezi, Chairperson Makerere University Administrative Staff Association (MASA)-Mr. Vincent Abigaba and University Imaam- Hajji Sam Ahmad Ssentongo. Also recognised were URBRA Officials Mr. Davis Mbuga and Ms. Janet Iremera.
Dr. Kitayimbwa kicked off his moderation of the discussion by recognising the presence of the Bank of Uganda’s Mr. Allan Betabe, CFA, who guides the MURBS BoT on Investments. Responding to one of the questions from the audience on the fate of some members’ unremitted funds in terms of benefiting from the 17% record return, he explained that investments made by MURBS are only on the basis of funds received, as per URBRA regulations.
“As mentioned by the Chairperson in his remarks, Court awarded the Scheme UGX23billion as unremitted In-House funds from the University in October 2017, together with an interest of 7% per annum effective 1st April 2009. We are hopeful that we shall secure these monies on behalf of our affected members and proceed to invest them,” explained Dr. Kitayimbwa.
Still on investments, another member questioned why a big percentage of the Scheme’s investments at 65% and 7.1% are allocated to Treasury bonds and Treasury bills respectively, and yet there were other investment vehicles into which funds could be diversified so as to earn higher returns for members. In his response, the Secretary, BoT appreciated the suggestion but reiterated that the spirit of the URBRA Act is to ensure that all Schemes in the sector invest members’ benefits safely.
“The UBRA Act limits asset categories by which schemes can invest funds. Additionally, all fund managers have to be licensed by URBRA. So whereas there are so many riskier but higher returning investment vehicles, MURBS cannot employ their services unless they are recognised as fund managers by the sector regulator URBRA” added the Secretary BoT.
The biggest commendation of the day to MURBS came from the eighty two year old former Professor of Biochemistry at Makerere University, Prof. Edward Kakonge. Speaking softly but authoritatively, Prof. Kakonge sincerely thanked the Board of Trustees for all the great work done in profitably investing members’ benefits, as well as the plans to recover all unremitted funds.
“I was so happy to see my name in the New Vision (published 19th October 2018) among those whose benefits were ready for collection from MURBS,” added Prof. Kakonge.
The Chairperson MURBS BoT thanked all scheme members for the huge turn up at the 8th AGM, and prayed for an even bigger audience at the 9th AGM. He thanked the University Management, URBRA representatives and all service providers for attending the meeting and contributing to the record 17% return.
The total MURBS fund value grew by 36% (UGX37billion), climbing from UGX104.5billion as at 30th June 2017 to UGX142billion as at 30th June 2018, representing the biggest fund growth over the last five years. The growth was mainly driven by; recovery in performance of the equity market, and increase in members’ salaries which in turn increased contributions to the scheme. Payment by the University of UGX10billion owed to the scheme and the vigilance of trustees in pursing an aggressive investment strategy were additional contributors to the growth.
In his closing prayer, University Imam Hajji Ssentongo thanked the Almighty God for according us a bounty of peace and tranquillity during the course of the 8th AGM. He also prayed for divine enablement that the leaders and members of MURBS may be able to achieve the vision, mission and values of the Scheme.
Article by Public Relations Office
Related article
MURBS Declares 17% Return to Members Ahead of 8th AGM
Hundreds of mourners gathered at St. Augustine Chapel, Makerere University on May 30, 2026 to pray for the soul of Mr. Sylas Ruhweza, the first President of the Mastercard Foundation Scholars Alumni Community at Makerere University.
The requiem mass was filled with emotional tributes celebrating Ruhweza’s life of service, leadership and dedication to community causes. Ruhweza passed away on Friday, May 29, 2026, at Mildmay Uganda Hospital.
Speaker after speaker described him as a humble and visionary leader who was passionate about uplifting others and deeply committed to excellence.
“We thank God for the life of Sylas, for the years he granted him among us, and for the impact he made on countless lives. He carried himself with humility and grace, and wherever he went, he built friendships, inspired confidence, and left people better than he found them,” Tooro Kingdom Prime Minister, Calvin Armstrong Rwomiire Akiiki, said during the Mass.
Mr. Rwomiire urged mourners to honour Ruhweza’s legacy by embracing the values he stood for, including integrity, compassion, hard work, service to community, and his unwavering love for Tooro Kingdom.
The main celebrant, Rev. Fr. Charles Lwanga Makoboza, echoed the message in his homily, reminding Christians to remain rooted in Jesus Christ throughout their lives.
“Sylas has gone to be with God, in a place where there is no pain, missed calls, struggle, corruption, betrayal, jealousy and tears. He is in a place with absolute peace. So, in life, never be the cause of someone’s tears, and if you do, seek reconciliation,” Fr. Lwanga, said.
Fr. Lwanga also reminded mourners that what Ruhweza needs most are prayers, not wreaths.
Speaking on behalf of the family, Ms. Grace Kabasita, Ruhweza’s maternal aunt, described him as a loving and dedicated young man whose life touched many people.
“Sylas was a counsellor, teacher, and a brilliant, loveable young man who fitted into every society. His life was marked by service, friendship, dedication, and commitment to the wellbeing of others and his culture,” she said.
Addressing mourners, Prof Justine Namaalwa, the Coordinator of the Mastercard Foundation Initiatives at Makerere University, noted that though Sylas’s life was cut short, he leaves behind a lasting legacy of service, leadership and impact on the communities he served.
“Sylas, you have gone too soon. But it is well with our souls. May your legacy of Transformative Leadership live on,” Prof. Namaalwa, said.
She thanked the Mastercard Foundation for supporting his education through BRAC Uganda, supporting his university education through the Mastercard Foundation Scholars Program at Makerere University, and nurturing his leadership journey through the Youth Advisory Board.
Ruhweeza at glance
Born on 19th July 1994 to the late Mr. Paul Tinkasimire Paul Adyeeri and Ms. Ategeka Margret Abwooli of Bunyangabu District.
The ninth born of eleven children attended Kaboyo Primary School for his Primary Education, and later joined Fort Portal Secondary School where he sat for his O-Level. He then proceeded to A-Level at Hannah International School.
He joined Makerere University and graduated with a Bachelor of Science in Petroleum Geoscience and Production in 2022, supported by the Mastercard Foundation Scholars Programme at Makerere University.
At the time of his passing, he was pursuing a Master’s degree at Victoria University.
Leadership, Service and Professional Contributions
Mr. Ruhweza served as Chairperson of the Mastercard Foundation Alumni Network at BRAC from 2020 to 2022, demonstrating transformative leadership and commitment to social change.
He later became the President of the Makerere AlumNet Foundation, an umbrella organization that brings together the Scholars Makerere Alumni chapter.
He worked as an eLearning Support Officer at the College of Natural Sciences (CoNAS) under the e-learning initiative at Makerere University.
He was a member of the Steering Committee of the Mastercard Foundation Scholars Program at Makerere University, representing the Scholars Makerere Alumni chapter.
At the time of his passing, he was serving as the Minister of Information in the Tooro Kingdom, Strategy and Engagement Lead for the Mastercard Foundation Alumni Network-Uganda Chapter, and Programme Associate at the Africa Climate Collaborative, one of the Mastercard Foundation initiatives at Makerere University.
Legacy
Ruhweza is remembered for his dedication to education, leadership, mentorship, and community service. He passionately championed youth empowerment, collaboration, and social responsibility.
His life reflected the transformative power of education, servant leadership, and a commitment to uplifting others.
May Sylas’s soul rest in eternal peace.
General
Makerere University Pushes for Stronger Support for Research Ethics Committees amid Growing Research Demands
By Moses Lutaaya
Makerere University has intensified efforts to strengthen research governance and ethical oversight, with university leaders calling for greater institutional support for Research Ethics Committees (RECs), whose role has become increasingly central to the institution’s research-led agenda.
The call was made during a high-level meeting between University Management and Chairpersons of Research Ethics Committees held at the Vice Chancellor’s Boardroom at the Makerere University Main Building on May 25, 2026.
Opening the meeting, the Director of Research Innovations and Partnerships (DRIP), Prof. Robert Wamala, highlighted a number of operational and administrative challenges affecting the effectiveness of RECs at Makerere University.
Prof. Wamala observed that RECs continue to operate with gaps in institutional framework outlining their position within the university governance structure, a gap he said has affected institutional support and long-term sustainability.
According to Prof. Wamala, inadequate facilitation continues to affect the operations of several committees, especially in areas of staffing, administrative coordination, and remuneration for REC administrators.
He also pointed to challenges arising from new regulatory requirements governing the appointment of REC members, particularly the need for appointment letters to be authorized or signed by the Vice Chancellor.
Prof. Wamala further raised concern over the high cost of mandatory accreditation and training processes required by the Uganda National Council for Science and Technology (UNCST), especially the Good Research Regulatory Practice (GRRP) training undertaken every three years. “Payment for training is too high for individual RECs to cover,” he noted, adding that many committees are struggling to independently raise the money to undertake the training for all their members.
He also emphasized the need for stronger institutional monitoring systems to support timely submission of accreditation renewal applications, oversight of approved research activities, and coordination of REC operations across the university.
In her remarks, the Deputy Vice Chancellor in charge of Academic Affairs, Prof. Sarah Ssali, commended the growing contribution of RECs in advancing Makerere University’s research agenda and acknowledged the concerns raised by Prof. Wamala and committee members.
“There were not very many RECs,” Prof. Ssali said. “So now that we are 10, it is really impressive because it speaks to our cause for a research-led university.” She admitted that despite their importance, many RECs still operate outside the formal university establishment, making staffing and operational support difficult.
“The only challenge that I see is that they are not fully institutionalized. So it is upon units to start them or not to start them,” she explained. Prof. Ssali added that because RECs are not fully integrated into the public service structure of the university, recruiting and remunerating staff through conventional university systems remains complicated. “Hiring for them staff will be a little bit cumbersome because the university will say they are not part of our structure,” she said.
She nevertheless emphasized that university management recognizes the strategic importance of RECs in strengthening ethical research oversight and supporting Makerere’s position as a research-led institution. “RECs are doing a great job of furthering our strategic agenda of being a research-led university,” she noted.
Prof. Ssali explained that the growing reliance on institutional RECs by the Uganda National Council for Science and Technology demonstrates the trust placed in Makerere University’s ethical review systems.
Addressing concerns about the cost and frequency of mandatory training, Prof. Ssali acknowledged the financial burden on RECs but explained that many of the requirements are set by national regulators. “Many of the things you have raised are with National Council, they are not with us,” she said. “We can only pledge to lobby.”
To address logistical challenges associated with training senior academics, she proposed more flexible scheduling arrangements. “For a professor to give you a whole day is going to be a challenge,” she said. “Maybe you can do half days throughout the week.”
Prof. Ssali also encouraged colleges and schools to allocate part of their enhanced research budgets toward supporting REC activities, including staffing, training, and operational facilitation.
She suggested that colleges and schools hosting RECs should directly take responsibility for sustaining them. “For me, that’s the way out — to ensure that the colleges and schools that have RECs take them as their responsibility,” she noted.
The DVC-AA also addressed concerns related to intellectual property rights, Material Transfer Agreements (MTA), and the need for researchers to formally communicate scientific discoveries and innovations to the university to ensure institutional protection and benefit-sharing. “All you are saying is true, but it depends on you as researchers informing the institution that we have made this discovery,” she said.
Prof. Ssali reiterated Makerere University’s commitment to strengthening research governance systems and pledged continued engagement with both university management and national regulatory bodies to address the concerns raised by REC members. “Where they are, they enable research, publication and growth,” she said of the RECs. “Most importantly, they enable us to be ethical with the way we do our things.”
The meeting was attended by chairpersons of the various Research Ethics Committees across Makerere University and affiliated institutions. These included Dr. Ponsiano Ochama from the School of Medicine Research Ethics Committee (SOM-REC), Dr. Moses Ocan from the School of Biomedical Sciences Research Ethics Committee (SBS-REC), Dr. Paul Kutyabami from the School of Health Sciences Research Ethics Committee, Dr. David Kyaddondo from the Uganda Cancer Institute Research Ethics Committee, Dr. Stella Neema from the School of Social Sciences Research Ethics Committee (MAKSS-REC), Dr. Joseph Kagayi from the School of Public Health Research Ethics Committee, Dr. Joseph Kateete from the Infectious Diseases Institute Research Ethics Committee, Dr. Fred Okuku from the Uganda Heart Institute Research Ethics Committee, Dr. Kassim Sadik from the College of Agricultural and Environmental Sciences Research Ethics Committee, and Dr. Eddy Walakira from the College of Business and Management Sciences Research Ethics Committee.
The discussions reflected Makerere University’s broader ambition to consolidate its position as a leading research-intensive institution while ensuring that ethical standards, accountability, and innovation protection remain central to its academic mission.
-
General1 week agoApplications for Admission to Undergraduate Programmes 2026/27
-
General2 weeks agoAdmission List to Bachelor of Education External (BED) 2026/27 -Government Sponsorship
-
Agriculture & Environment2 weeks agoMakerere University, Uganda Red Cross Society Sign MoU to Advance Research, Training & Humanitarian Action
-
Law2 weeks ago13th Edition of the CLE Moot Competition
-
Health1 week agoCall for Applications: Masters Support in Self-Management Intervention for Reducing Epilepsy Burden