Dr. Helen Nambalirwa Nkabala (4th Right) Representing Chairperson Makerere University Council, Vice Chancellor Prof. Barnabas Nawangwe (Third Right) and Chairperson BoT MURBS-Dr. Godwin Kakuba (4th Left) with L-R: Mr. Bruce Twesigye, Mr. Wilber Grace Naigambi, Mr. William Ndoleriire, Ms. Susan Khaitsa and Mr. Ssenyonga Cosmas after the meeting on 20th October 2020, CoBAMS, Makerere University, Kampala Uganda.
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.
The Refugee-Led Research Hub (RLRH) is inviting applications for a six-month professional traineeship programme for master’s graduates who have been affected by forced displacement with refugee status.
This next cohort will run from November 2026 to April 2027 at RLRH offices in three locations: Nairobi, Kakuma refugee camp, and Kampala. The programme is designed for recent master’s graduates and alumni of the Mastercard Foundation Scholars Program at any partner university.
The traineeship provides graduates with training and mentorship to support their transition into professional careers. During the programme, trainees will receive specialised training in research and project coordination, as well as the opportunity to pursue an independent project. Upon completion, they will access a range of paid professional and research placements at RLRH and/or partner organisations.
Location: Nairobi (Kenya), Kakuma refugee camp (Kenya) or Kampala (Uganda)
Duration: Six months (November 2026 to April 2027).
Time commitment: 25 hours per week, 3 days in-person at RLRH offices
Stipend: 450 GBP per month; plus reimbursement for local travel which will be provided for the duration of traineeship.
During the afternoon of September 21, 2026, Makerere University played host to regional discussions as students, academics, and government officials gathered to commemorate the International Day of Peace under the theme “Investing in Regional Peace and Trade for Shared Prosperity”.
The event organised by the Makerere University 92nd Guild Security Ministry in partnership with the Global Peace Guild, served as the official launch of the East African Peace and Trade Law Moot Court Competition. The idea was conceived as an annual event where the youth across East Africa will gather to deliberate on the nexus between regional peace and trade in fostering regional integration.
Acting Vice Chancellor (VC) of Makerere University Prof. Anthony Muwagga Mugagga graced the event, welcomed the distinguished guests and set a reflective tone for the day.
Prof. Anthony Muwagga Mugagga.
Reminiscing about his old days the VC noted, “lecturers were the ones who used to come and talk about politics, economics, and law but somehow, somewhere, things never went well”. He appreciated the Students’ Guild, and all who were involved in organising the celebration and launch for a good job done.
Prof. Mugagga further encouraged students to look beyond the classroom, urging them to engage in critical debates in different sectors while emphasising that peace is a prerequisite for all development.
People anchor Trade – Keynote address
Representing the guest of honor who was the Minister of State for East African Community Affairs Hon. James Magode Ikuya, Dr. Andrew Musiime – Commissioner for Political Affairs, delivered a keynote address.
His entry was that you cannot talk about trade and not talk about people. Trade is done by people, and therefore as a Ministry, they facilitate free movement of people.
Dr. Andrew Musiime.
Dr. Musiime provided a comprehensive breakdown of the East African Community (EAC) as an intergovernmental organisation.
“So it is an intergovernmental organisation. Therefore, the governments remain with their constitution, the governments remain with their sovereignty, the governments remain with their national boundaries, the governments remain with their national laws, Musiime explained.”
He mentioned that the East African Community is anchored on the four pillars for integration that is the Customs Union, the Common Market, the Political Federation and Monetary Union.
Dr. Musiime equally challenged the students to move beyond theory, urging them to research the EAC treaty and actively participate in regional integration.
In a gesture of togetherness, he told the distinguished guests that the Ministry operates an open door policy for students and those interested in engaging can apply for opportunities across the Ministry’s various departments.
From UPE to the Halls of Parliament
The event also featured inspiring remarks from the National Female Youth Member of Parliament, Hon. Mercy Kanyesigye. Reflecting on her own journey from Universal Primary Education (UPE) to the halls of Parliament, she delivered a powerful message on peace and security.
Hon. Mercy Kanyesigye.
In agreement with Prof. Muggaga, she linked the day’s theme to the practical realities of trade, noting that sustainable trade can not exist without peace.
“This moot competition is therefore not just academic exercise. It’s a training ground for the next generation of East African traders, lawyers, negotiators, judges, policy makers who will defend the spirit of our East African common market and our custom union”, Kanyesigye told the attendees.
92nd Guild Calls for Embracing Dialogue
Hon. Denis Mabirizi, the Minister of Security for the Makerere University 92nd Guild, underscored the event’s purpose by highlighting that peace is the foundation for justice, opportunity, and cooperation. He then called upon the student community to reject violence and intolerance, urging them to use dialogue and established leadership structures to address their concerns.
Hon. Denis Mabirizi.
Mabirizi also emphasized that universities are not just centers of academic excellence, but places where the leaders of tomorrow are shaped.
“Universities are not only centers of academic excellence, they are also places where future leaders are shaped. The conversations we have, the values we promote, and the decisions we make today will influence the kind of society we create tomorrow. Peace begins with each one of us, Mabirizi noted.”
The Global Peace Guild Initiative
Mr. Joseph Micheal Tenywa, the founder and President of the Global Peace Guild, shared the vision behind the organization. He explained that the Global Peace Guild was born out of a desire to involve young people in the promotion of peace, trade, and regional integration.
“Global Peace Guild is an initiative born out of a desire to have young people get involved into the promotion of peace, trade, and regional integration.”
He reminded the audience that regional integration would only become a reality when young people actively participate in the market and hold policy makers accountable.
Mr. Joseph Micheal Tenywa.
“As we commemorate the International Day of Peace, it’s an invitation for young people to get involved, not only in ensuring that there is no violence, but that we also put in place the conditions that take our strength, and these are our economic provisions, we call it trade.”
The launch of the East African Peace and Trade Law Moot Court Competition marks a significant milestone for the student community as it brings together academic rigor with a focus on regional policy.
International Day of Peace is observed globally on September 21, 2026, under the unified United Nations theme: “Invest in Peace – For Everyone, Everywhere, Every Day”. The day emphasizes that achieving lasting peace requires continuous local action, shared civic responsibility, and strategic conflict mitigation to ensure long-term regional development.
Makerere University has urged female students admitted under the Makerere University Council Tuition and Functional Fees Waiver Scholarship for the 2026/27 academic year to take the opportunity seriously, focus on their academic performance, and stay alert about their personal safety.
The message was delivered during an orientation for the scholarship beneficiaries at the Senate Conference Hall, where officials from the Gender Mainstreaming Directorate welcomed the students and shared guidance on academic success, security, mentorship, and responsible social conduct.
The Chief Gender Mainstreaming Officer cautions students on safety and self-reliance
Dr. Euzobia Mugisha Baine, Chief Gender Mainstreaming Officer, congratulated the students on receiving the scholarship and urged them not to take it for granted.
She advised them to seek information from the relevant university offices instead of relying on assumptions or what fellow students tell them, and to keep records of official communication whenever they raise concerns or follow up on university matters.
Dr. Euzobia, Chief Gender Mainstreaming Officer, giving her remarks
Dr. Baine said students should take responsibility for their own security, warning them not to trust strangers easily and urging them to be careful about where they go and who they interact with.
She also reminded them that strong academic performance is required to keep the scholarship, and encouraged them to ask for help early whenever they face academic, social, or other challenges instead of waiting until the situation becomes harder to manage.
Students urged to aim for first-class results
The officers welcomed the students and encouraged them to put their studies first, urging them to aim for first-class academic results during their time at Makerere.
They advised them to use the academic support available to them, including help from course mates and any tutorials or mentoring offered within their colleges, and not to hesitate to seek assistance when they have concerns about their results or coursework.
The GMD team also spoke to scholars about personal safety, cautioning students against accepting help from strangers, including with luggage or transport, and referred to a recent incident in which a student’s belongings were stolen. She urged them to stay alert as they settled into university life.
Focus on academic foundations and safe social conduct
Other speakers, including Ms. Susan Mbabazi, who is the Principal Gender Officer, Ms. Abilat Lozirah, and Cynthia Ayaa Kamaketch emphasised the need to build a strong academic foundation from the start of the semester. They encouraged students to attend lectures regularly, read beyond classroom notes, use university resources such as internet access and the library, and develop steady study habits instead of waiting until exams are near.
A section of female students awarded the Makerere University Council Tuition and Functional Fees Waiver Scholarship for the 2026/27 academic year listening to Mr. Eric Tumwesigye, the Principal Gender Officer and Head of the Students Affairs Division during their orientation at the Senate Conference Hall.
They also warned students to be careful when meeting people they do not know well, advising them to hold academic discussions and social meetings in open, public spaces such as Freedom Square rather than in private rooms.
The students were also encouraged to seek mentorship from university staff and others who could guide them in their academic and career development, and to identify a mentor before leaving the orientation.
The orientation also pointed students to key university services and locations they should know, including the university health facilities, the Makerere Police Post, the Counselling and Guidance Centre, and places of worship on campus.
Speakers reminded the students that the scholarship gives them a chance to pursue their education at Makerere University, and that keeping it depends on their discipline, academic performance, and willingness to seek support when needed.