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Mak staff introduced to new sustainable post retirement investment ideas

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Makerere University members of staff have been introduced to sustainable investment ideas and viable options of securing retirement income. This was during the pre-retirement training organized by the Makerere University Retirement Benefits Scheme (MURBS) on Thursday 28th February 2019. The training was attended by Academic, Administrative, and Support staff of Makerere University and was facilitated by professional trainers from ICEA Lion Life Assurance Company Limited and GenAfrica Asset Managers.

 Mr. George Kaluma Mulindwa, the Investment Manager at GenAfrica Asset Managers interacting with particpants.

During the interactive sessions on how staff can properly manage their retirement benefit, Mr. George Kaluma Mulindwa, the Investment Manager at GenAfrica Asset Managers advised staff to invest in areas that can sustain their post retirement period.  He also encouraged them to prepare and plan well for their retirement benefits.

“Start looking at your income, assets and have a plan on how you can make your retirement benefit useful. We should be financially secure by looking at where our money goes, check our expenditures and always have a budget. This will help us to put our money into good use,” he said.

The Chairperson MURBS Board of Trustee Mr. Wilber Grace Naigambi  and some members of MURBS during the  training.

Mr. Mulindwa urged participants to always ensure that they are financially secure, independent and above all, have the financial freedom during their old age.  He introduced participants to several investment options among which included; cash, fixed income, shares, real Estates, equity, agriculture.

“Every investment has risks but we have to be a little bit conscious.  Our objective is to have income generating assets and an income that sustain our retirement period. We retire when we are worn out, our regular demand is health care services.  We should hence ensure that we have the income that can meet this basic service,” he remarked.

Mr. Kennedy Odenyo, the Business Development Manager at ICEA Lion Life Assurance Company introduced members to a new retirement income option of Annuities.

Mr. Kennedy Odenyo, the Business Development Manager at ICEA Lion Life Assurance Company introduced members to a new retirement income option of Annuities. An annuity is also referred to as a pension, and it is designed to protect people from the risk of outliving their income.

According to Mr. Odenyo, Annuity arrangements allow the retirees to have guaranteed income for life or for a convenient number of years after retirement. This follows a stipulated premium paid by the person seeking the annuity (annuitant) either through prior instalments or in a single payment, such as a member’s accumulated (prescribed portion or all) benefits upon retirement. Annuities are provided by insurance companies which are licensed to provide this service in accordance with the Law.

Some of the members of staff attending the training.

The Chairperson MURBS Board of Trustee Mr. Wilber Grace Naigambi thanked the staff for attending the training in big numbers and encouraged them to reflect on the information they had received with seriousness.

He thanked the facilitators for the informative message that will have a positive impact on staff when preparing for retirement. In the same spirit he acknowledged the MURBS organizing team for the successful event.

Article by Mak Public Relations Office

 

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Launch of Mak-RIF Round 4 Awards & PhD Call for Proposals

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Mak-RIF 4 Awards and PhD Call For Proposals, 29th September 2022, 9:00 to 10:00 AM EAT.

Makerere University received funding from the Government of the Republic of Uganda, earmarked to support high impact Research and Innovations. This unique initiative arose after engagements between the top University Management and the Government of Uganda. This fund illustrates the increasing importance that the Government attaches to Research and Innovation as a driver of development and transformation. The objective of the fund is to increase the local generation of translatable research and scalable innovations that address key gaps required to drive Uganda’s development agenda. 

In the Financial years 2019/2020, 2020/2021 and 2021/2022 the Government of the Republic of Uganda through Mak-RIF has funded implementation of over 750 multidisciplinary research and innovations within the various Colleges, while engaging multiple stakeholders within and outside Makerere University. The Grants Management Committee (GMC) has finalized the award process for the Mak-RIF round 4 call for funding for this Financial Year 2022/2023.

The Grants Management Committee (GMC) hereby invites you to the Launch of the Mak-RIF Round 4 awards and PhD Call for Proposals scheduled to take place tomorrow Thursday 29th September 2022 from 9:00 to 10:00 a.m. EAT. 

Please use the following details to join the launch.

Register in advance for this meeting:
https://us06web.zoom.us/meeting/register/tZwpcu-urDIjE9ZgxdsbEmA2IkNMMiJVECt_ 
Meeting ID: 884 5662 9992
Password: 292624

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Notice: Makerere Disability Scheme 2022/23 Medical Review Exercise

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One of the PWD graduands at the 69th Graduation during the Session held on 17th January 2019.

The Academic Registrar, Makerere University invites persons with disability who applied for admission to public universities under the disability entry scheme for 2022/2023 Academic Year to appear for medical/review exercise at Makerere Unive, Senate Building, Level Two (2) in the Telepresence Centre.

NOTE: Only those who have the minimum entry requirements of at least two principal passes at A’ Level or its equivalent and at least five (5) passes at O’ Level or its equivalent will be interviewed.

 Only candidates who sat ‘a’ level in 2020, 2019 and 2018 are eligible for admission.

THE EXERCISE WILL BE CONDUCTED ON 3rd, 4th and 5th October, 2022 respectively from 9.00 A.M – 1.00 P.M each day.

IMPORTANT:

(i) If you fail to appear on any of the given days above, there will be no other chance for you.

(ii) Applicants with Government Scholarship for the previous years are not eligible for admission

ALFRED MASIKYE NAMOAH

Acting. ACADEMIC REGISTRAR

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Uganda’s policymakers implored to address forest loss, plastic & water pollution

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Left to Right: Prof. Gunnar Köhlin, Prof. Barnabas Nawangwe, Amb. Maria Håkansson, Commissioner Julius Mafumbo and Prof. Edward Bbaale posing for a group photo before the opening ceremony on 22nd September 2022: Photo by EfD-Mak Centre.

The Vice Chancellor Professor Barnabas Nawangwe on Thursday 22nd September, 2022 participated in the opening of the EfD Annual meeting hosted by Makerere University at Speke Resort Munyonyo where he appealed to government to implement the ban on kaveera and address other environmental issues.

The opening ceremony moderated by the EfD Global Hub Manager Gunnar Köhlin and was graced by Uganda’s Minister for Water and Environment represented by the Commissioner for Water, Mr. Julius Mafumbo and the Swedish Ambassador to Uganda, H.E. Maria Håkansson.

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