Connect with us

General

“The Future Remains Highly Promising”-MURBS BoT to Members

Published

on

The Board of Trustees (BoT), Makerere University Retirement Benefits Scheme (MURBS) has reassured its members that it has laid strategies to minimize impact of the upcoming election periods in 2021 and 2022 for Uganda and Kenya respectively on the Scheme’s growth. These reassurances were made by the Chairperson, BoT, Mr. Grace Wilber Naigambi as he delivered his remarks at the 9th Annual General Meeting held in the Central Teaching Facility 2 (CTF 2) Auditorium, Makerere University on 22nd October 2019.

“On behalf of the BoT, I would like to reassure Stakeholders that the future prospects of the Scheme remain highly promising… MURBS’ governance will lay emphasis on instituting value adding strategies to grow member funds that will enable the Scheme celebrate its true purpose of securing the retirement of members” remarked Mr. Naigambi.

The Chairperson shared that MURBS’ medium to long-term targets include attaining a largest member benefit of UGX500million by 2023 and achieving 100% income replacement ratio by 2027. As at 30th June 2019, only 1.15% of the Scheme’s 3,793 members had benefits in the range of UGX200-250million while the current income replacement ratio stands at 23%.

MURBS foresees the possibility of achieving such targets based on incentives like the Government’s reduction of withholding tax on long-term bonds with outstanding maturity of ten years or more from 20% to 10%. “The change has increased investor appetite for long-term bonds” added Mr. Naigambi.

At 69.1%, Treasury Bonds constitute MURBS largest fixed income assets and largest asset class. A reduction of withholding tax on these will translate into increased returns for members. As at 30th June 2019, the fixed incomes had a 90.57% impact on overall returns.

The Chairperson further shared that MURBS had after a serious evaluation of its investment asset classes resolved to divest from equities and strategically invest in real estate/property. Following the presentation of the Scheme performance for the Financial Year 2018/2019 on 11th October 2019, the BoT introduced its first Property Project; Ivory Estate Sonde. “The BoT is convinced that through this strategy, the Scheme will greatly enhance its investment income.”

The Chairperson in his remarks further stressed the need for members to embrace the Annuity arrangement as opposed to the lump sum payment upon retirement. During the financial year 2018/2019, MURBS operationalized the annuity option for retirees with minimum benefits of UGX100million. This figure was arrived at as a basic minimum amount that can return a reasonable monthly income after retirement. Annuities are available for guaranteed periods of ten, fifteen and twenty years.

Sharing more about MURBS premier property investment; Ivory Estate Sonde, the Secretary BoT, Dr. John Mulindwa Kitayimbwa said this was the first real estate project to feature solar street lighting. He added that the Estate will feature roads named according to halls of residence. These will be eight metres wide for access roads and twelve metres wide for main roads. Site visits for members have been planned for 24th, 29th and 31st October 2019.

Article by Public Relations Office

Related Article

MURBS Declares 10.6% Interest, Launches Annuity Arrangement & Property Project

Continue Reading

General

Strengthening Partnerships: Makerere University Welcomes Delegation from Western University, Ontario, Canada

Published

on

The Vice Chancellor-Prof. Barnabas Nawangwe (Centre) and UWO President-Dr. Alan Shepard (3rd Left) show off the signed MoU as Left to Right: UWO's Dr. Opiyo Oloya and Dr. Lily Cho as well as University Secretary-Mr. Yusuf Kiranda, UWO's Dr. John Yoo and Head of Advancement-Mr. Awel Uwihanganye witness on 21st March 2024. Frank Kalimuzo Central Teaching Facility, Makerere University, Kampala Uganda, East Africa.

By Carol Kainomugisha

The Vice Chancellor, Prof. Barnabas Nawangwe and the University Management, welcomed a delegation from Western University, Ontario, Canada (UWO), marking an important milestone in the strengthening of international partnerships and collaborations. The week-long visit, characterized by insightful discussions and exchanges with various colleges, departments and units of the University, highlighted various areas of mutual interest and potential collaboration between the two esteemed institutions.

Prof. Barnabas Nawangwe (2nd Right) and Dr. Alan Shepard (2nd Left) sign the MoU as Mr. Yusuf Kiranda (Left) and Dr. Lily Cho (Right) witness. 21st March 2023, Frank Kalimuzo Central Teaching Facility, Makerere University, Kampala Uganda, East Africa.
Prof. Barnabas Nawangwe (2nd Right) and Dr. Alan Shepard (2nd Left) sign the MoU as Mr. Yusuf Kiranda (Left) and Dr. Lily Cho (Right) witness.

The delegation was led by President and Vice-Chancellor Dr. Alan Shepard and accompanied by Vice-Provost and Associate Vice-President, Dr. Lily Cho, the Associate Vice-President, Equity, Diversity, and Inclusion, Dr. Opiyo Oloya and the Dean, Schulich School of Medicine and Dentistry, Dr. John Yoo.

The visit culminated with the signing of a new Memorandum of Understanding (MoU) which will most certainly strengthen the already existing relationship between Makerere University and Western University.

The meeting between Makerere University and Western University commenced with the University Management which discussed collaborative opportunities, particularly in engineering, design, and technology, emphasizing interdisciplinary collaboration and knowledge exchange.

Mr. Opio Oloya addressed issues of Inclusivity and diversity in academia, focusing on integrating indigenous knowledge, combating global anti-blackness, and promoting social integration within university communities.

Members of the University Management and the delegation from Western University, Ontario, Canada pose for a group photo at the Makerere@100 Monument. 18th March 2024, Makerere University, Kampala Uganda, East Africa.
Members of the University Management and the delegation from Western University, Ontario, Canada pose for a group photo at the Makerere@100 Monument.

Makerere‘s academic excellence and capacity-building initiatives were showcased, with plans to expand graduate training opportunities and enhance capacity through student and faculty exchanges.

 The meeting concluded with a shared vision for future collaborations, including research projects, academic programs, and student exchanges, reaffirming the commitment to fostering excellence and addressing global challenges through collaborative efforts.

Fostering Global Academic Partnerships: Western University meets Makerere University Colleges and Units.

In a meeting at the School of Law, led by the Principal, Associate Prof. Ronald Naluwairo, the delegation held lengthy deliberations to explore avenues for academic collaboration, embodying the power of international partnerships in academia.

Central to the dialogue was Western University’s interest in global engagement, particularly in internationalization, aligning with Makerere‘s ethos of interdisciplinary collaboration. The meeting highlighted joint research opportunities, staff, and student mobility programs, showcasing a commitment to academic excellence and the potential for cross-cultural learning and growth.

The Principal-Associate Prof. Ronald Naluwairo (5th Left), Deputy Principal-Dr. Zahara Nampewo (3rd Left), Principal CHUSS-Associate Prof. Josephine Ahikire (3rd Right), Head PAF-Dr. Benon Kigozi with other officials and the UWO delegation at the School of Law. 19th March 2024, Makerere University, Kampala Uganda, East Africa.
The Principal-Associate Prof. Ronald Naluwairo (5th Left), Deputy Principal-Dr. Zahara Nampewo (3rd Left), Principal CHUSS-Associate Prof. Josephine Ahikire (3rd Right), Head PAF-Dr. Benon Kigozi (Right) with other officials and the UWO delegation at the School of Law.

During the meeting between the Infectious Diseases Institute (IDI) and Western University, the Executive Director Dr. Andrew Kambugu outlined IDI’s evolution from an academic venture to a multifaceted institution driving service delivery, research, and capacity building in Africa.

Highlighting existing partnerships, particularly in data management with the Faculty of Medicine at Western University, President Alan Shepard underscored the tangible outcomes of cross-border collaboration, with data-driven research initiatives making significant contributions to healthcare and public health interventions. Future collaboration prospects, including exchange programs, joint initiatives, and equipment donations, emphasized a shared commitment to innovative approaches and collaborative problem-solving to address pressing challenges in Africa.

Dr. Andrew Kambugu (4th Left) with other officials and the UWO Delegation during their visit to IDI. 19th March 2024, Infectious Diseases Institute (IDI), Makerere University, Kampala Uganda, East Africa.
Dr. Andrew Kambugu (4th Left) with other officials and the UWO Delegation during their visit to IDI.

Celebrating Collaboration: Farewell Luncheon Honoring Western University Delegation

A farewell luncheon, hosted by Mrs. Lorna Magara, the Chairperson, Makerere University Council, marked the poignant conclusion of the exchange visit with Western University, Ontario, Canada, celebrating the enduring spirit of collaboration and friendship between the two institutions.

Mrs. Lorna Magara (Left) shakes hands with Dr. Opiyo Oloya as Dr. Alan Shepard (Rear Right) and other officials interact. 21st March 2024, Golden Tulip Hotel, Kampala Uganda, East Africa.
Mrs. Lorna Magara (Left) shakes hands with Dr. Opiyo Oloya as Dr. Alan Shepard (Rear Right) and other officials interact.

 As farewells were exchanged, participants left with cherished memories and a renewed commitment to nurturing the partnership for future endeavors, underscoring the power of collaboration to transcend boundaries and create opportunities for growth and learning.

As Western University and Makerere University look ahead, the memories of the week-long strategic visit will serve as a beacon of inspiration, guiding their continued efforts to collaborate, learn, and grow together.

Continue Reading

General

CTCA Request For Expression of Interest: Finance and Accounts Assistant

Published

on

CTCA is seeking the services of a Finance and Accounts Assistant whose overall responsibility will be to provide finance and administrative support to ensure efficient operation of the office. Centre for Tobacco Control in Africa (CTCA), School of Public Health, College of Health Sciences, Makerere University, Kampala Uganda, East Africa.

Institution: Centre for Tobacco Control in Africa (CTCA)
Project Title: Enhance Tobacco Control Institutional Capacity in Africa
Expression of Interest Number: CTCA/EOI/G339/2024

1. Introduction:

The Centre has received funding from the African Capacity Building Foundation (ACBF) for the
2024-2026) to implement a project on institutional development. The project investments are
geared towards sustaining human resource capacity and knowledge generation to reduce use of all forms of tobacco products in Africa.

Specifically, the project aims to:

  1. Enhance training opportunities for African governments and relevant actors in tobacco
    control in the continent.
  2. Increase access to knowledge for guiding tobacco use prevention and control in Africa.
  3. Reinforce the institutional development of CTCA for an optimal performance of its
    functions and processes.

Therefore, CTCA is seeking the services of a Finance and Accounts Assistant whose overall responsibility will be to provide finance and administrative support to ensure efficient operation of the office. The Assistant will support management and other employees on a variety of tasks related to administration, finance, procurement, and communication.

2. Scope of Work

The specific duties include:

  1. Providing support to the accounting and procurement functions through preparing journals and loading payments for review by the budget and finance officer for authorization
  2. Maintain supplies inventory by checking stock to determine inventory level; anticipating needed supplies; placing and expediting orders for supplies; verifying receipt of supplies.
  3. Administer and manage logistics and contracts for services with service providers such as travel agents, hotels, translations and interpretation agencies, office supplies
  4. Maintaining a clean electronic and manual filing system.
  5. Handling communications – Receiving, storing, retrieving, dispatching, organizing documents and other correspondence of the Centre.
  6. Provide secretarial services to CTCA technical meetings.
  7. Assist in the preparation of regularly scheduled reports.
  8. Assist in logistics preparations for meetings, workshops, and missions.
  9. Oversee and supervise the work of junior staff.
  10. Maintain up-to-date employee records.
  11. Any other duties as may be assigned.

See Downloads for detailed advert.

Application deadline: Not later than 17:00 hours on 8th April, 2024.

View on CTCA

Continue Reading

General

CTCA Request For Expression of Interest: Communications Expert

Published

on

CTCA is seeking the services of a communications expert to to raise the visbility of the Centre and the knowledge translation of the programmatic outputs. Centre for Tobacco Control in Africa (CTCA), School of Public Health, College of Health Sciences, Makerere University, Kampala Uganda, East Africa.

Institution: Centre for Tobacco Control in Africa (CTCA)
Project Title: Enhance Tobacco Control Institutional Capacity in Africa
Expression of Interest Number: CTCA/EOI/G339/2024

1. Introduction:

The Centre has received funding from the African Capacity Building Foundation (ACBF) for the
2024-2026) to implement a project on institutional development. The project investments are
geared towards sustaining human resource capacity and knowledge generation to reduce use of all forms of tobacco products in Africa.

Specifically, the project aims to:

  1. Enhance training opportunities for African governments and relevant actors in tobacco
    control in the continent.
  2. Increase access to knowledge for guiding tobacco use prevention and control in Africa.
  3. Reinforce the institutional development of CTCA for an optimal performance of its
    functions and processes.

Therefore, CTCA is seeking the services of a communications expert to to raise the visibility of
the Centre and the knowledge translation of the programmatic outputs. The expert will be
engaged on a retainer basis.

2. Scope of Work

The objective of the assignment is to disseminate CTCA work, institutional branding, maintain
the website alive and drum the second Africa conference on tobacco control and development.

  1. Coordinate and oversee the development of the Alternative Livelihoods documentary in Zambia and its dissemination
  2. Develop communication/branding materials such as brochures, banners, policy briefs, newsletter articles, press releases etc
  3. Review and provide updates for the CTCA website
  4. Update CTCA online platforms (twitter, Facebook, Instagram and LinkedIn) on a regular basis through regular monitoring, positing and content development
  5. Provide technical support to ensure that the second Africa Conference on Tobacco Control and Development is organized and help successfully

See Downloads for detailed advert

Application deadline: Not later than 17:00 hours on 8th April, 2024.

View on CTCA

Continue Reading

Trending