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MURBS Declares 10.01% Interest Rate Ahead of 10th AGM

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The Makerere University Retirement Benefits Scheme (MURBS) has at a meeting held on Tuesday 20th October, 2020 declared an interest rate of 10.01% on its members’ opening balances as at 1st July 2019. The meeting held in the Conference Room, College of Business and Management Sciences (CoBAMS) was aimed at presenting MURBS’ performance for the Financial Year 2019/2020 to the Makerere University Council, Management and other stakeholders ahead of the 10th Annual General Meeting (AGM) due to be held virtually on 22nd October 2020.

Welcoming all parties, the Secretary – Board of Trustees (BoT), MURBS, Mr. Wilber Grace Naigambi thanked the Chairperson Council, Mrs. Lorna Magara, represented by Dr. Helen Nambalirwa Nkabala, the Vice Chancellor, Prof. Barnabas Nawangwe, Members of Management, Chairpersons of Staff Associations and service providers present for sparing time to attend the meeting.

He also introduced the new Chairperson – BoT, MURBS, Dr. Godwin Kakuba, elected to replace Rev. Dr. John Kitayimbwa who resigned from University service. Other members of the BoT present at the meeting were Ms. Dorothy Nannozi Kabanda, Mr. John Peter Okello, Mr. William Ndoleriire and co-opted Board Member; CPA David Ssenoga.

Dr. Godwin Kakuba in delivering his statement expressed the BoT’s sympathy to the University Council, Management and community upon the gutting of the iconic Main Building by fire on 20th September 2020. “We pray that God may give you wisdom on how to handle all the challenges that have come out of this tragedy.”

He stated that MURBS had a total membership of 3,777 as at 30th June 2020, of which 2,062 were active. He added that the scheme received contributions worth UGX 21Billion from Makerere University during financial year 2019/2020 and paid out benefits worth UGX 7Billion to retiring staff in the same period.

The Chairperson allayed his audience’s fears on what effects the COVID-19 pandemic might have had on the scheme’s performance when he announced that the MURBS fund value grew by UGX 31Billion from UGX 178Billion as at 30th June 2018 to UGX 209Billion as at 30th June 2020. This he partly attributed to the BoT’s decision to divest from the equity asset class and strategically invest in the property asset class.

“This decision shielded the part of our portfolio held in land from the volatile behaviour of the equity markets during these uncertain times” explained Dr. Kakuba. He went on to state, ”As such, the net return on investments undertaken by the Scheme this year was UGX 22.3Billion compared with UGX 11.1Billion last year. It is this return that is being distributed to members in form of interest this year.”

Dr. Kakuba also shared that MURBS emerged winner in the Retirement Benefits Sector category of the Financial Reporting (FiRe) Award Competitions 2019 after beating 20 other schemes. MURBS also took the FiRE Award for Most Improved Reporting. “MURBS has now emerged winner in the Retirement Benefits category for three consecutive years.”

The Chairperson Council in her remarks read verbatim by Dr. Nambalirwa Nkabala congratulated MURBS upon declaring a competitive interest rate of 10.01% and commended the Government of Uganda for liberalizing the pension sector that has enabled various schemes to flourish. She congratulated MURBS upon wining two FiRe awards in the November 2019 competition and commended the University Management for providing an environment that is conducive for the scheme to thrive and offer a decent retirement for University employees.

“On its part, Council has provided a home for MURBS on the University Campus free of charge. Council also continues to engage Government not only on enhancing staff salaries, which increases the monthly contributions to MURBS, but also on the payment of the only outstanding debt” read the Chair Council’s remarks.

The Chairperson Council’s remarks in conclusion urged the BoT to exercise even more caution and wisdom as they make investment decisions, especially now that the fund value is now more than UGX 200Billion. “Keep in mind that the wellbeing of the university employees in retirement, and consequently the smooth running of Makerere University, to some extent, depends on what is happening in the Scheme.”

In his remarks, the Vice Chancellor commended the Trustees upon working hard to reduce the number of members with retirement packages below UGX 50Million from 1,308 as at 30th June 2017 to 768 as at 30th June 2020. In the same period, the number of members with retirement packages between UGX 150 Million and 200Million grew from only two to 425.

“This is remarkable! This shows that Makerere University is among the best employers in Uganda and we thank the Government of Uganda for prioritizing the remuneration of University staff” he enthused.

Prof. Nawangwe thanked the University Council for its decision to run an independent Retirement Benefits Scheme for university employees, noting that this has enabled members’ benefits to grow at rates above inflation over past financial years. MURBS has over the last two financial years declared interest rates of 10.6% and 17% for 2018/2019 and 2017/2018 respectively.

The Vice Chancellor concluded his remarks by stating that Makerere as the premier University in Africa owes it to Uganda to make best use of all resources allocated by the Government. “The Government continues to handle many challenges including providing quality higher education to a growing number of young people in Uganda. We are doing our best to support Government in this respect and are committed to ensuring that Makerere University plays a strategic role in solving this challenge, especially at graduate level.”

The meeting was also addressed by Mr. Ssenyonga Cosmas-Senior Supervision Officer who represented the Chief Executive Officer, Uganda Retirement Benefits Regulatory Authority (URBRA)-Mr. Martin A. Nsubuga. He thanked the Sponsor-Makerere University for remitting employee contributions to MURBS on time and the Trustees for providing accountability for the work done over the past financial years.

“Our regulator’s report clearly indicated that Makerere University is one of the biggest schemes in Uganda and when you look at the indicators such as efficiency and profitability compared to peers in the sector, they have been improving over time and we commend the Board of Trustees” added Mr. Ssenyonga.

He said that schemes in the sector have been able to improve in terms of governance, prudent investment and administration thanks largely to URBRA’s ability to enforce standards. “The sector assets have increased from UGX 5Trillion in 2013 to 15.2Trillion as at the end of the last financial year.”

The URBRA official noted that the sector’s current assets are based on contributions from approximately two million employees. “If we had most of the working population contributing towards their retirement, we would probably be talking about UGX 30Trillion today.”

Citing the MURBS example where over 80% of assets are invested in Government securities, Mr. Ssenyonga observed that retirement benefits schemes are capable of accumulating domestic resources that can be used by the Government to finance various development projects. He added that sector has over the last five years achieved an average increase in assets of 20.6% per annum, which has enabled it to earn an average interest of 9% and accord members an average interest of 9.6%. All MURBS declarations at the meeting were above the regulator’s averages.

As is now the MURBS tradition, the meeting was moderated by the Secretary – Board of Trustees (BoT), MURBS, Mr. Wilber Grace Naigambi assisted by a member of Administrative staff, in this case, Principal Public Relations Officer, Ms. Ritah Namisango.

Article by Public Relations Office

Mark Wamai

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Makerere University Leaders Call for Excellence in Research and Supervision as Academic Staff and PhD Students Receive Certificates

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Prof. Sarah Ssali (Centre) flanked by Prof. Julius Kikooma (Left) and Dr. Dorothy Sebbowa Kyagaba (Right) at the certificate award ceremony on 15th December 2025. Graduate Supervision and Mentorship Course and PhD Students who successfully undertook the University’s compulsory cross-cutting doctoral courses Certificate Award Ceremony, Yusuf Lule Central Teaching Facility Auditorium, 15 December, 2025, Makerere University, Kampala Uganda, East Africa.

By Moses Lutaaya

Kampala, 15 December 2025Makerere University on Monday held a reflective and inspiring Certificate Award Ceremony at the CTF 2 Auditorium , Yusuf Lule to award academic staff who completed the Graduate Supervision and Mentorship Course and PhD Students who successfully undertook the University’s compulsory cross-cutting doctoral courses. The event was presided over by the Deputy Vice Chancellor – Academic Affairs, Prof. Sarah Ssali.

The ceremony honored the efforts and achievements of 58 academic staff members, 39 men and 19 women from various colleges including CEDAT, CAES, CEES, COVAB and COBAMS, who completed a rigorous three-week Graduate Supervision and Mentorship programme.

Additionally, PhD students were recognized for completing cross-cutting courses in Philosophy of Methods, Scholarly Writing and Communication, and Advanced Research Methods.

Left to Right: Prof. Julius Kikooma, Prof. Sarah Ssali and Dr. Dorothy Sebbowa Kyagaba follow proceedings. Graduate Supervision and Mentorship Course and PhD Students who successfully undertook the University’s compulsory cross-cutting doctoral courses Certificate Award Ceremony, Yusuf Lule Central Teaching Facility Auditorium, 15 December, 2025, Makerere University, Kampala Uganda, East Africa.
Left to Right: Prof. Julius Kikooma, Prof. Sarah Ssali and Dr. Dorothy Sebbowa Kyagaba follow proceedings.

In her keynote remarks, Prof. Sarah Ssali, the Deputy Vice Chancellor–Academic Affairs, delivered a message of encouragement and renewed commitment to research excellence at Makerere University.

“It is both an honor and a privilege to be here today to celebrate a significant academic milestone, the completion of the PhD Cross-Cutting Courses by our students and the award of Supervision Certificates to our academic staff.”

“Your completion of this course is not just a personal achievement, but a critical contribution to strengthening the research and mentoring capacity of Makerere University.”

To the PhD students, Prof. Ssali offered warm congratulations and encouragement. “These courses have equipped you with essential tools to conduct high-quality, ethical research and to engage with complex academic questions. This achievement reflects your hard work, intellectual growth, and commitment to excellence.”

She reaffirmed Makerere University’s commitment to research advancement. “As a University, we remain deeply committed to fostering a culture of research excellence. We will continue to invest in both our students and our staff, ensuring that we uphold the highest standards in research and academic supervision.”

The Director of Graduate Training, Prof. Julius Kikooma, challenged the PhD students to approach research with urgency, intentionality, and a clear sense of purpose.

Prof. Julius Kikooma, Director of Graduate Training. Graduate Supervision and Mentorship Course and PhD Students who successfully undertook the University’s compulsory cross-cutting doctoral courses Certificate Award Ceremony, Yusuf Lule Central Teaching Facility Auditorium, 15 December, 2025, Makerere University, Kampala Uganda, East Africa.
Prof. Julius Kikooma, the Director of Graduate Training.

 “Completing the crosscutting courses in Philosophy of Methods, Advanced Research Methods, and Scholarly Writing and Communication has not been an easy task. However, the certificate alone is not the end goal. Don’t simply compile these certificates. Make them meaningful.”

Prof. Kikooma emphasized that the value of the courses lies in applying the knowledge gained. “These certificates give you the foundation knowledge. The question now is: Can we see the application of that knowledge in your different fields?”

He further urged doctoral students to begin producing serious academic work now, not at the end of their studies. “If you are becoming someone to be listened to, start now. It means the course is becoming useful. Write about issues that speak to societal challenges. Produce thinking pieces. Produce better outputs. “Look for low-lying fruits that can make your PhD journey more exciting and impactful.”

 Prof. Kikooma also reminded students that while the PhD journey is shared by the academic community, its weight is uniquely felt by the candidates. “Your PhD journey is ours as a group. But you feel the heat. Speak to us so we understand your challenges. “You cannot be here for more than three years. Why are some of you still here? Is the journey heavy? How can we support you to complete it?” He asked.

He encouraged students to build thought leadership through the PhD Forum, adding that the forum is a strong voice for the students. A PhD is automatic leadership in the knowledge domain. Why doesn’t the PhD Forum come up with periodic writings that reflect what communities are experiencing? Start now so that by the time you finish the course, you hit the ground running.”

The Ag. Director of the Centre for Teaching and Learning Support (CTLS), Dr. Dorothy Ssebowa Kyagaba, gave a message to the academic staff who completed the Graduate Supervision and Mentorship Course, speaking with admiration for their dedication and high level of engagement.

Dr. Dorothy Sebbowa Kyagaba, the Ag. Director of the Center for Teaching and Learning Support (CTLS). Graduate Supervision and Mentorship Course and PhD Students who successfully undertook the University’s compulsory cross-cutting doctoral courses Certificate Award Ceremony, Yusuf Lule Central Teaching Facility Auditorium, 15 December, 2025, Makerere University, Kampala Uganda, East Africa.
Dr. Dorothy Sebbowa Kyagaba, the Ag. Director of the Center for Teaching and Learning Support (CTLS).

 “I congratulate all the academic staff who have completed the three-week Graduate Supervision and Mentorship Course. Your commitment, hard work, and enthusiasm have been evident throughout the training.”

She described the course as a cornerstone of Makerere’s commitment to strengthening graduate supervision. “This course is a key component in Makerere University’s drive to strengthen the quality of graduate training, research supervision, innovation, and strategic partnerships.”

She highlighted the thematic richness of the training; covering Knowledge Production Perspectives, Supervisory styles, Supervisory meetings and conversation skills, Research Ethics, Intercultural supervision and diversity, Scholarly writing and feedback as well as Examination processes and Doctoral Viva. She expressed gratitude to the Directorate of Graduate Training led by Prof. Kikooma, and to Prof. Ssali for providing leadership that advances graduate training across Makerere University.

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US$ 162m KEXIM Loan Approval Timely for Makerere University

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

The approval by the Parliament of Uganda of a US$162 million concessional loan from the Korea Export-Import Bank (KEXIM) on 16th December 2025 marks a pivotal moment for Makerere University, as the institution enters the fourth year of its second century of existence. This funding approval comes at a critical moment as the university underscores its intention to become research-intensive, against the pressing need to align with global standards in science, technology, engineering, and mathematics (STEM) education.

With student numbers growing from 5,000 three decades ago to approximately 35,000 today, Makerere‘s facilities continue to be stretched. The loan’s timely approval during a plenary session chaired by Deputy Speaker Rt. Hon. Thomas Tayebwa, underscores the government’s commitment to revitalizing higher education amid national development goals outlined in the National Development Plan IV and the Ten-fold Growth Strategy.

Anticipated Developments

The loan will finance the construction of a state-of-the-art science and technology center, complete with advanced laboratories and innovation hubs for engineering disciplines. Upgrades to existing labs and smart classrooms at the College of Computing and Information Sciences are planned, alongside new buildings for Electrical, Civil and Mechanical Engineering Departments.

The College of Health Sciences will see expanded preclinical education facilities, and a dedicated structure for the School of Dentistry will incorporate cutting-edge equipment for dental technology, education, and clinical practice. These initiatives are not mere expansions; they aim to elevate Makerere to international benchmarks, fostering an environment where students can engage in hands-on research and practical training.

Furthermore, capacity-building programs will empower staff to harness new technologies, ensuring sustainable operations long after the 42-month implementation period, spanning financial years 2025-2026 to 2029-2030. The timing couldn’t be more opportune. Uganda’s ratio of science and technology graduates to humanities remains at 2:5, a ratio the loan is anticipated to improve to least 3:5 by 2030.

The loan facility addresses immediate challenges like inadequate spaces for growing programs, such as the Bachelor of Medicine and Bachelor of Surgery, which has seen a rise in intake, with increased interest from international applicants. Additionally, by investing in PhD training at Makerere, the loan reduces reliance on costly overseas programs, enabling resources to be redirected toward comprehensive educational enhancements.

Government’s Broader Strategy

Makerere as the premier regional institution has been prioritized to receive funding based on Government’s recognition of the trickle-down effect that enhancing the capacity at the university has on other higher education institutions and the education ecosystem. This approval builds on Makerere‘s legacy of resilience, positioning it as a beacon for African innovation. In an era where technological advancement defines global progress, this loan propels Makerere toward producing graduates equipped to tackle real-world challenges, from climate resilience to digital transformation.

Ultimately, the KEXIM loan is a timely catalyst for Makerere‘s renaissance. It not only revamps physical infrastructure but also reignites the university’s role in socio-economic transformation, with the Ministry of Education and Sports (MoES) as the executing agency. Therefore, as Uganda eyes Ten-Fold Growth from approximately $50 billion (2023) to $500 billion by 2040 via Agro-industrialisation, Tourism, Mineral-based industrialisation, Science and Technology/ICT (ATMS), empowering Makerere University is not just strategic—it’s essential.

Taking Stock of Previous Support

The African Development Bank’s (AfDB) US$29.2 million under the HEST program in 2016 funded infrastructure at Makerere, including two centralised teaching facilities with lecture rooms, auditoriums, e-learning labs, and specialized facilities like diagnostic, biotechnology, GIS, and computer labs. These transformed the skyline, enhanced large-class teaching, research access, and service provision to a thriving staff and students’ community.

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Makerere University Hosts EU Delegation to Review Institutional Engagement in EU Cooperation Programmes

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Makerere University today hosted a delegation of members from the European Union (EU) for a high-level engagement aimed at reviewing the University’s involvement in EU cooperation programmes. The meeting focused on the linkages between the Erasmus+ Programme, Makerere University’s internationalization strategy, and the related institutional management and coordination structures.

The delegation was received by Deputy Vice Chancellor (Academic Affairs) Professor Sarah Ssali, provided an overview of how EU cooperation programmes are coordinated across different offices within the University. She highlighted Makerere’s integrated institutional approach to managing EU-funded initiatives, emphasizing collaboration among academic units, administrative offices, and support departments to ensure effective implementation and sustainability of projects.

Professor Sarah Ssali presenting to the delegation.

Prof. Sylivia Antonia Nakimera Nanyonga-Tamusuza presented an overview of how grants are handled at Makerere University, with particular emphasis on the role of the Grants Management and Support (GAMSU) Office. She explained that the office provides end-to-end support for externally funded projects, including proposal development, grant negotiation, compliance, financial accountability, reporting, and capacity building for project teams. The GAMSU Office plays a critical role in ensuring transparency, efficiency, and compliance with donor requirements, including those of the European Union.

Prof. Sylivia Antonia Nakimera Nanyonga-Tamusuza(R) interact with the delegation.

The University Secretary, Mr. Yusuf Kiranda, addressed the meeting and outlined how the University’s resources are managed to support academic programmes and international cooperation initiatives. He further explained the role of the Office of the University Secretary in supporting students, including policy oversight, governance, student welfare, administrative coordination, and ensuring that institutional systems effectively support teaching, research, and international partnerships.

Ms. Betty Nabisubi

Ms. Betty Nabisubi from the International Relations Office (IRO) provided a comprehensive overview of how Erasmus+ programmes are coordinated within her office. She explained that the IRO supports Erasmus students and staff from the time they arrive at Makerere University until their departure. This includes orientation, immigration support, accommodation guidance, academic coordination, cultural integration, and continuous student support. She also highlighted additional services offered by the office, such as partnership development, mobility coordination, and facilitation of international collaborations.

Following the institutional presentations, project representatives were allocated 30 minutes for structured discussions with EU project contact persons. The session began with short presentations focusing on project results, impact, and sustainability, followed by an interactive discussion and question-and-answer session. The representatives presented their projects clearly and confidently, demonstrating strong outcomes and long-term impact aligned with both Makerere University and EU cooperation objectives.

Overall, the engagement was highly productive and fruitful, providing a valuable platform for knowledge sharing, reflection on best practices, and strengthening collaboration between Makerere University and the European Union. The discussions reaffirmed Makerere University’s commitment to effective internationalization, accountable project management, and sustained partnerships under EU cooperation programmes.

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