General
MURBS Inaugurates New Board, Shares Accomplishments
Published
4 years agoon
The Makerere University Retirement Benefits Scheme (MURBS) Board of Trustees (BoT) on Friday 26th March, 2021 inaugurated two new members to replace those whose terms are set to expire on 31st March 2021. Makerere University Administrative Staff Association (MASA) representative Ms. Dorothy Nannozi Kabanda will be replaced by Ms. Franco Angida Mugyema while the National Union of Education Institutions (NUEI)’s Mr. John Peter Okello will be replaced by Mr. Joseph Ikarokok.
The two will join existing BoT Members; Dr. Godwin Kakuba (current Chairperson), Mr. Wilber Grace Naigambi (Current Secretary) and Mr. William Ndoleriire (University Council Nominee). Dr. Kakuba joined the current Board as Makerere University Academic Staff Association (MUASA) representative in the place of Dr. John Kitayimbwa who retired from University Service. He remains eligible to serve on the incoming BoT’s term which will run from 1st April 2021 to 31st March 2025.
Welcoming the audience, Mr. Naigambi said that change in leadership of the BoT occurs every four years as mandated by Clause 7 of the MURBS Trust Deed dated 17th April 2015. He added that the handover was in line with Uganda Retirement Benefits Regulatory Authority (URBRA) Act provisions of service for Trustees (not exceeding four years but subject to renewal for a maximum of two terms).
He recognized the presence of the URBRA Director Legal-Mrs. Ritah Nansasi Wasswa who represented the CEO Mr. Martin Nsubuga, Ag. Deputy Vice Chancellor (Finance and Administration)-Dr. Josephine Nabukenya as well as Council Members-Dr. Tumps Ireeta, Dr. Helen Nambalirwa Nkabala and Mr. Jackson Byamukama. Also recognized were the Principal College of Engineering, Design, Art and Technology (CEDAT)-Prof. Henry Alinaitwe, Chair MUASA-Dr. Deus Kamunyu Muhwezi, Chair MASA-Mr. Vincent Abigaba, Chair NUEI-Mr. Bruce Twesigye, College Ambassadors as well as MURBS Service Providers. These included; Stanbic Bank, Octagon Africa, GenAfrica Asset Managers, ICEA Uganda and Arcadia Advocates.
The Chairperson BoT in his remarks thanked the audience for attending the handover ceremony, which signified their interest in MURBS’ vision to deliver “outstanding service and retirement security for members – today and tomorrow”. He thanked the outgoing BoT Members for working tirelessly and efficiently to ensure that the Scheme’s vision is realized.
“When the outgoing Board of Trustees took over in 2017, our fund value stood at UGX 140 Billion and today, it stands at over UGX 210 Billion. The outgoing Board has added almost half of the standing value of the fund and I thank our Sponsor Makerere University and all our service providers for this achievement” Dr. Kakuba commended.
Other accomplishments attributed by the Chairperson to the outgoing BoT included:
- Streamlined Governance: The BoT standardized 12 policy documents which have enhanced the Scheme’s operations
- Improved Collections: Thanks to; timely contributions by the Sponsor Makerere University, clearing half of the outstanding debt owed to the scheme by the Government as well as continuing efforts to clear the balance
- The Ambassadors Programme: Introduction of a rigorous and vibrant Ambassadors Training Programme which has enabled members to gain in-depth knowledge and skills to manage their retirement, and improved information flow between the BoT and Scheme members.
- Consistent winning of the Financial Reporting (FiRe) Awards: MURBS has won top honours in the FiRe Awards’ Retirement Benefits Scheme (RBS) category for the last 4 consecutive years (2016, 2018, 2019 and 2020).
- Timely Payment of Benefits: Reduced period of receiving retirement benefits upon submission of completed applications by members from 10 to 7 days
- Investment Diversification and Consistent Return on Investment: Pursued prudent means of growing member funds, Awarded an average interest of 12% to Members over the last four years (Interest awarded never went below 10%) and diversified investments into real estate by establishing Ivory Estate Sonde.
- Introduced Board Evaluation: Outgoing Board hired an independent professional external evaluator to appraise its performance and received an approval rating of 80%
Nevertheless, the previous Board tenure was not without its challenges. Dr. Kakuba noted that the BoT needs to do more to sensitize its members. “Members need to start planning for retirement early, and not when they get the six months to the end of their service notification from the Human Resources Directorate.
“Furthermore, Members should also ensure that their human resource records are up to date as any inconsistencies lead to delays in paying out their retirement benefits” explained Dr. Kakuba.
According to the Chairperson, going forward, the BoT will invest more in training human resource and use of Information Systems so as to continue strengthening the Scheme’s governance. The BoT will also create new products so as to increase options for retirees. MURBS already has in place an Annuity Arrangement courtesy of ICEA Uganda.
He also made known plans by Trustees to work with the Sponsor to expand the Scheme’s Office space beyond the current Lincoln Flats B4 premises. “And in terms of growth of benefits, currently over 48% of Scheme Members have savings above UGX 150 Million.
“We expect that over the next four years, the majority of members will have savings above UGX 150 Million and the fund value will grow to over UGX 400 Billion” concluded the Chairperson.
Preparing the audience for the official handover ceremony, the Principal Pensions Office (PPO) Ms. Susan Khaitsa thanked outgoing Trustees Mr. John Peter Okello and Ms. Dorothy Nannozi Kabanda for their dedication to the Scheme’s success during their tenure. “We thank you for your service, guidance and leadership as Trustees and as the Secretariat, we are honoured to have worked with you.”
She then introduced Ms. Martha Timugiibwa from the Scheme’s Lawyers Arcadia Advocates to preside over the handover ceremony. As part of the proceedings, outgoing Trustees signed their deeds of discharge and incoming ones signed their deeds of appointment. Incoming Trustees also had to audibly voice their willingness to serve on the new Board, a procedure that greatly amused the audience, given the expectation that contesting in itself is sufficient demonstration of readiness to serve.
According to Ms. Khaitsa, the New MURBS Board will meet next week to appoint a new Chairperson, Secretary and assign various responsibilities to Trustees.
Successfully discharged, it was a lively moment as the Ag. University Secretary-Mr. Yusuf Kiranda and URBRA’s Mrs. Ritah Nansasi Wasswa handed over plaques of recognition to the outgoing Trustees. Speaking on behalf of the duo, Mr. John Peter Okello expressed happiness that they had successfully served until their official discharge from the Board of Trustees.
“I thank the team we have worked with during the previous tenure and say to the incoming members, the Board of Trustees is not a bed of roses, don’t ask many questions but instead look for many answers” counseled Mr. Okello.
Speaking on behalf of the new Board of Trustees, Ms. Angida Mugyema thanked and praised God for this far He has brought the Scheme and for the grace granted to incoming Trustees to serve MURBS. She appreciated her predecessors’ efforts to lay a strong foundation based on the Scheme’ values of; Ethics, Stewardship, Transparency, Accountability and Client Focus.
The incoming Trustee equally thanked the Secretariat led by the PPO Ms. Susan Khaitsa and her team; Assistant PPO-Ms. Juliet Nabukeera, Office Administrator-Ms. Rhona Asingwire and Mr. Marvin Kakuba, for the excellent support rendered to the BoT.
As a member of the first cohort launched on 27th February 2018, Ms. Angida Mugyema was all praise for the rigorous MURBS Ambassadors Programme, whose financial literacy models and other assessments helped her appreciate what is expected of a Trustee.
“If we were told to start today, we are more than ready and willing to work hard, thanks to the preparation we have received” reassured Ms. Angida Mugyema. The Ambassadors Programme serves as a succession strategy for the MURBS BoT. Any Scheme Member interested in contesting to become a MURBS Trustee must be a qualified Ambassador.
On 1st April 2009, MURBS was established under irrevocable trusts by the Sponsor, Makerere University Council. Speaking on behalf of the Sponsor and University Management, Mr. Yusuf Kiranda said he was extremely honoured to witness a seamless transition of leadership of an entity at the level of MURBS.
“As a member of the Scheme, I am happy to wake up each and every day knowing that my retirement benefits are safe and growing as shown by not only the interest declared but also activities that successive MURBS Boards of Trustees undertake to grow our funds” remarked Mr. Kiranda.
Reflecting on the previous year, the Ag. University Secretary noted that the countrywide shutdown on 20th March 2020 marked the beginning of a difficult period for Makerere University and other employers. Recalling the layoffs and salary cuts that followed with other employers, Mr. Kiranda paid tribute to the Government of Uganda for continuing to pay staff wages on time and enabling the University to recruit new staff as well as make the mandatory 10% contribution to retirement benefits despite COVID-19.
“It is now our turn as Makerere University to thank the Ugandan taxpayer by recognizing that they stood with us during the COVID-19 lockdown and it is now time for us to stand with them as their children report back to Campus to study” he remarked.
Mr. Kiranda congratulated the outgoing Trustees upon successfully completing their tenure and being celebrated by colleagues. To the incoming Trustees he cautioned that stewardship of public funds is extremely difficult as it attracts a lot of scrutiny – shortcomings are heavily criticized and accomplishments are rarely recognized. He therefore prayed that God would enable them to fulfil their obligations to MURBS and its members.
Concluding the day’s remarks, Mrs. Nansasi Wasswa congratulated the outgoing Trustees upon a job well done in keeping MURBS’ light shining brightly. “MURBS is one of the model schemes that URBRA as a regulator is proud of; the fund value has grown, and the Board of Trustees has put in place structures and polices that ensure good governance.”
She equally expressed happiness that the Board of Trustees had retained three of its members, noting that this was good for the Scheme’s continuity. Taking note of the functions of a trustee as outlined in the URBRA Act, 2011, Mrs. Nansasi Wasswa commended the Board for appointing qualified and experienced service providers, who will ensure that they fulfil the legal and other requirements that come with their roles.
The URBRA representative reiterated the regulator’s commitment to support the new Board to continue stewarding and growing the scheme. She accordingly thanked the Sponsor Makerere University Council and MURBS service providers for ensuring that the scheme continues to thrive.
As is the MURBS tradition to honour God at all its gatherings, the opening and closing prayers were led by incoming Trustee, Mr. Joseph Ikarokok and MURBS College of Agricultural and Environmental Sciences (CAES) Ambassador, Prof. Donald Kugonza respectively. The event was moderated by Assistant PPO, Ms. Juliet Nabukeera.
Article by Public Relations Office
Related articles
MURBS Declares 10.6% Interest, Launches Annuity Arrangement & Property Project
You may like
-
Passing the Torch: Dr. Wokadala Hands Over Deanship to Dr. Banga
-
East African School of Higher Education Studies and Development Welcomes New Dean
-
School of Social Sciences Honors Three Retired Staff
-
CHUSS Bursar Ms. Joseline Biganja Hands Over Office
-
Mak Gender Mainstreaming Directorate Holds Reflective Workshop on Promoting Women’s Participation in Leadership
-
Prof. Josephine Ahikire Hands Over CHUSS Leadership to Assoc. Prof. Helen Nkabala
General
Mastercard Foundation Scholars Empower Schools in Mukono and Kyegwegwa Districts
Published
3 days agoon
November 18, 2024By
Mak EditorBy Scholars Program Communication Team
On Saturday, November 16, 2024, Little Angels Junior School, Mawotto Village, Mukono District, and St. Charles Rwahunga, Nursery and Primary School in Kyegegwa District celebrated an inspiring, joy-filled event. These two schools were selected to receive the generosity of Mastercard Foundation Scholars at Makerere University during the Annual Scholars Day of Community Service.
At St. Charles Rwahunga Nursery and Primary School, the Scholars donated various products, including Learning Materials, Geometry sets, Sanitary towels for the girls, sportswear for the boys’ football team, and other goodies.
The Community Nursery and Primary School serves 412 pupils with severe challenges due to inadequate infrastructure. The buildings are dilapidated, there is a shortage of desks, and the classrooms are small and overcrowded. These issues need to be addressed to ensure a better student learning environment.
Mr. Alex Mugisha, the Headteacher of the School, expressed gratitude to the Scholars of Mastercard Foundation for the kind gesture they extended to his school.
“I am deeply grateful, along with the students and staff, for the generosity of the Mastercard Foundation Scholars. These materials will significantly enhance the learning environment for our pupils,” remarked Mr. Mugisha.
Mr. Nelson Ddumba, the Scholars Council Representative, encouraged the young learners at the event not to lose hope. He emphasized that regardless of their starting point, they can improve their circumstances by staying in school.
“Listen, my fellow students: do not give up. The only path to transforming your circumstances is through a steadfast commitment to your education and remaining in school. I have been in your shoes, but I pushed through and succeeded thanks to my mother’s unwavering support. Today, I proudly attend Makerere University, one of the leading institutions in Uganda. Embrace the challenge ahead and make your education your top priority!” Mr. Ddumba declared.
At Little Angels Junior School, pupils were excited to receive educational materials, reusable sanitary towels, mathematical sets, dictionaries, and textbooks for nursery to primary seven students.
Ms. Sarah Nturo, the headteacher, commended the Mastercard Foundation Scholars at Makerere University for the kind gesture.
She said the books will help the school improve its reading culture and performance.
“We are grateful to the Mastercard Foundation Scholars Program at Makerere University; we believe these books will significantly contribute to improving our pupils’ performance,” Ms. Nturo said.
Nturo also pointed out that they have challenges with the facilities and water as a school.
“Ever since we started this School, the education has improved because, in the past, parents could not allow their children to come here; instead, they would send them to the lake for fishing. But now, the children come only because they do not have somewhere to sit. We have few desks,” Nturo said.
During the visit, the pupils mesmerised the scholars with rare dance moves. The excitement did not leave the Programme Implementation team and teachers in their seats, making it a fun-filled event. The audience was left yearning for more.
Addressing the school, Mr. John Osuna, the Transition Lead at the Mastercard Foundation Scholars Program, urged the pupils to use their school time to prepare for a bright future.
“Do not mind where you are coming from. We all started like this. Education is an equalizer. Now that you have an opportunity to study, focus on making the best out of it. Be disciplined pupils and listen to your teachers. The sky will be the limit,” Mr Osuna said.
During the event, Francis Kabuye Kaggwa, the Chairperson of the Parents Teacher Association (PTA) leadership, said that ever since the school started over 10 years back, they have never received guests who bring them gifts like how the Mastercard Foundation Scholars did.
“I think you have seen how excited the children were. We are all happy this has never happened to our school. Who are we to receive these gifts? We have challenges, but with friends like God on our side, we shall conquer,” Mr. Kabuye noted.
The Scholars’ Day of Community Service is an annual event where Mastercard Foundation Scholars at Makerere University engage in community service as a way of giving back. This initiative aims to empower vulnerable individuals in the community and contribute positively to society.
General
Prof. Nawangwe calls for Increased Government Sponsorship for Students with Disabilities
Published
1 week agoon
November 14, 2024By
Mak EditorBy Mak Communication Team
The Vice Chancellor, Prof. Barnabas Nawangwe, while speaking at the inaugural commemoration of the International Day for Persons with Disabilities at Makerere University has appealed to the Government to increase the number of students with disabilities on government sponsorship.
The event held on Wednesday, 13th November 2024 was organised by the Office of the Dean of Students and the 90th Students’ Guild-Ministry of Students with Disabilities and held in the Yusuf Lule Central Teaching Facility Auditorium.
The day’s theme was: “Empowering Inclusion: Breaking Barriers, Unlocking Potential”
“Students with disabilities should be the first to be admitted on Government sponsorship because there are not so many,” Prof. Nawangwe said.
Prof. Nawangwe called upon the government to devise a scheme and policy for integrating students with disabilities into the working environment after graduation.
Prof. Nawangwe noted that the University has established a Disability Support Centre, a one-stop facility to ensure equal access to education and life, promote inclusivity, and support students and staff with disabilities.
“Over the years, Makerere University has branded itself as a place that actively and loudly promotes increased awareness about the rights and needs of students and staff with disabilities.” Prof. Nawangwe remarked.
While addressing the gathering, the Chief Guest, Hon. Hellen Grace Asamo, the State minister for Disability Affairs, called upon Persons with Disabilities to always believe in themselves and be able to break the barriers of the inferiority complex.
“You have to show people that you have the potential, and when people get to know your potential, they will begin to include and engage you. But if you do not have your potential, nobody will include you. They will think you are just someone who is just there seated and begging,” Hon. Asamo noted.
In her welcome remarks, Dr. Winifred Kabumbuli, the Dean of Students at Makerere University, said that the University is making a deliberate effort to pay particular attention to the decisive implementation of inclusive Policies and Practices.
“This is where we want all people to thrive and grow. Therefore, we are proud to accept and celebrate our differences and uniqueness. We welcome you here to build a culture of active support for each other and to declare that by championing a conducive environment for students and staff with disability, we are part of the change-makers of today,” Dr Kabumbuli said.
Dr. Kabumbuli also highlighted several policies the University has implemented, such as the Policy for Persons with Disabilities and safeguarding, Accommodation policy, University rules and regulations, the Human resource manual, and the student guild constitution that provides inclusive participation in student leadership and admission policies.
“These policies protect and enhance the rights of both staff and students with disabilities. For example, we have a student guild minister for persons with disabilities to ensure their voices are heard,” Dr. Kabumbuli noted.
Makerere has directed attention to ensuring accessible and comfortable accommodations for students with Disabilities by having designated accessible hostels and rooms. The University provides salaries, lodging, and meals for helpers who assist students with disabilities. A concentrated effort is also being made to build ramps, elevators, and accessible pathways to facilitate navigation for students and staff.
According to Dr Kabumbuli, the University has embraced a drive to facilitate students’ access to assistive devices, including wheelchairs, white canes, brailling machines, hearing aids, etc.
“As part of our commitment to inclusivity and accessibility, the University has designated a specialized space within the library, equipped with assistive technologies and resources, specifically for students with disabilities to ensure equal access to knowledge and academic success for all. We have also put in place special arrangements, such as extra time during examinations to enable access to education,” Dr Kabumbuli said.
Dr. Kabumbuli acknowledged the support from the Mastercard Foundation Scholars Program, the Ministry of Gender, and the School of Law, which are committed to championing diversity, inclusion, and equity for People with Disabilities.
The International Day of Persons with Disabilities is celebrated annually on December 3rd to raise awareness and support for people with disabilities worldwide.
General
The 3rd Fundis and Technicians sensitization event and exhibition held successfully
Published
3 weeks agoon
November 2, 2024The 3rd annual Fundis and Technicians sensitization event and exhibition by manufacturers of building materials organized by the Department Architecture and Physical Planning at the College of Engineering, Design, Art and Technology (CEDAT), Makerere University came to a close with a call for increased partnerships between training institutions and the community.
The event that attracted 200 participants including masons, fundis, painters, builders, metal and electrical fabricators ran from Thursday 24th to Friday 25th October 2024 at CEDAT. It was supported by several stakeholders and was characterized by training sessions and an exhibition of building materials by different companies that make cement, paint, water tanks tiles and many more.
Prof. Henry Alinaitwe, the Deputy Vice Chancellor in charge of Finance and Administration represented the Vice Chancellor, Prof. Barnabas Nawangwe at the opening of the training. In his remarks, he extended appreciation to the technicians for accepting to take part in the training which he said was key in ensuring that they gain from continuous learning. Prof. Alinaitwe observed that although some of them did not get through formal training, it was important that they took part in such training programs to keep abreast of the developments in the construction industry where they undertake the bulk of the work as masons, technicians, plumbers, and metal fabricators.
‘Keep improving, we need to up our game in terms of quality’, he said while making reference to the need for quality output. He cautioned them on issues of cost and cheating of their clients by making realistic costs. ‘We need to cost the work well taking into account the materials, the labor, the equipment used, and the overheads’. The other area that needed to be taken care of by the technicians included time management, which reflects on attitudes towards work, team work. While addressing the gathering in his capacity as Chairman of the Engineers Registration Board, Prof. Alinaitwe said the upcoming engineering Registration Bill, if approved, has a provision for the registration of all artisans and hence the need to have the minimum requirements for the stakeholders to be registered. He also stressed the need to bring on board as more women as possible. ‘We want to see more women, who can do some aspects in construction better than men like painting.
Prof. Moses Musinguzi, the Principal of the College of Engineering, Design, Art and Technology while welcoming the trainees to the college said the training is a good initiative that will help address challenge of skill and work match. He encouraged the trainees to do smart work, and take due consideration of ethics and customer care. He encouraged the department to extend the training opportunity to other units of the college and the university and also make it more formal, as part and parcel of the training program of the college in liaison with bodies like UBTEB.
Assoc. Prof. Kizito Maria Kasule, the Deputy Principal CEDAT while appreciating the initiative of the department said countries like Germany have apprenticeship training that help the training of students to gain skills equivalent to those acquired while in formal institutions of learning. He said the academia in Uganda is increasingly recognizing the importance of the informal sector in the growth of the country. ‘We need to learn from you. Almost 90% of the people in the construction industry have been informally trained’. He said by learning from each other, the two sectors jointly make a contribution towards the development of the country.
Dr. Amin Tamale Kiggundu, the head of the Department of Architecture and Physical Planning said the initiative, a community outreach program of the college started three years ago in the year 2022 with 60 Fundis and masons, in 2023, the number was increased to 120 Fundis and the current 2024, was 200 Fundis of various categories, including painters, builders, metal fabricators, plumbers and electrical fabricators. He said this community outreach program aims at sharing the accumulated scientific knowledge in building, design and construction technologies at CEDAT, sharing the expertise, knowledge and experiences with communities in greater Kampala and hence bridging the existing knowledge and skills gap between the training institutions and the communities.
The 21st century is characterized by collaboration, partnerships, and establishment of knowledge economies. He said based on the trainings held so far, it is clear that partnerships between the training institutions and the communities were possible especially the Fundis who are closer to the communities. ‘We also want to learn from the Fundi’s experiences, how they are able to connect to the communities in some cases better than those who have gone through the training institutions’, he said. He further noted that the majority of fundis are young people that need to be supported with skills and other ways of nurturing them. The dream of the department, he said is to introduce an open door policy that allows fundis and other university students to come to learn.
Several organizations supported the event and participated in the exhibition and they included Habitat for Humanity, Uganda, Green Building Council Uganda, The National Building Board, Uganda Clays Limited, Centenary Bank, Steel and Tube Industries Ltd, Simba Cement, Plascon, Goodwill, Cresttanks among others.
Trending
-
Business & Management1 week ago
CoBAMS Hosts Workshop to Review Parish Development Model
-
General1 week ago
Prof. Nawangwe calls for Increased Government Sponsorship for Students with Disabilities
-
Business & Management1 week ago
Study Explores PPPs for Sustainable Development in Uganda’s Tourism and Health Sectors
-
General3 days ago
Mastercard Foundation Scholars Empower Schools in Mukono and Kyegwegwa Districts
-
Business & Management1 week ago
Passing the Torch: Dr. Wokadala Hands Over Deanship to Dr. Banga