General
MURBS Inaugurates New Board, Shares Accomplishments
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
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General
The 19th RUFORUM AGM in Yaoundé calls for consolidated efforts towards transforming higher agricultural & tertiary education to contribute to sustainable development & food security in Africa
The Regional Universities Forum for Capacity Building in Agriculture (RUFORUM), a consortium of 163 universities in 40 African countries held its 19th Annual General Meeting at the Palais De Congres in Yaoundé, Cameroon from 28th October to 2nd November 2023. The first of its kind in West and Central Africa, the RUFORUM AGM 2023 provided an opportunity for over 600 delegates from Africa and beyond including; Ministers, Development Partners, University leaders, students, private sector leaders; farmers and farmer representatives; emerging and early career researchers as well as other key stakeholders in agriculture and higher education to share experiences and chart a way forward for transforming higher agricultural and tertiary education to contribute to sustainable development in Africa under the theme: Transforming Higher Education to Sustainably Feed and Create Prosperity for Africa.
Officially opened by His Excellency Paul Biya, President of the Republic of Cameroon, represented by Professor Jacques Fame Ndongo, Cameroon’s Minister of State, Minister of Higher Education, the 19th RUFORUM Annual General Meeting in Yaoundé provided a platform for participants to deliberate on key strategies for transforming higher agricultural and tertiary education to contribute to national, continental and global development as well as building consensus among key stakeholders in agriculture and higher education on the actions required to strengthen the role and/or integration of universities in agricultural and national development processes in line with the aspirations of the African Union Agenda 2063 ‘The Africa We Want’.
In a speech presented by Professor Jacques Fame Ndongo at the official opening ceremony, His Excellency Paul Biya, President of the Republic of Cameroon stressed RUFORUM’s significant efforts to support the African Union Agenda 2063 when he said, “RUFORUM’s vision 2030, makes the body a significant contributor to transformation of Africa and vehemently seeks to harness the discovery, engagements and learning of vibrant transformative universities to catalyze sustainable, inclusive agricultural development to feed and create prosperity for Africa.”
According to him, it is worth indicating that agriculture in Africa should be understood in its broadest sense to include but not limited to animal and crop production, livestock, wild life, fisheries and forestry. Hence RUFORUM’s mission since its inception in 2004, of strengthening the capacities of universities to foster innovation responsive to demands of small holder farmers through the training of higher quality researchers, the output of impact-oriented research and maintenance of collaborative working relations among researchers, farmers, national agricultural research institutions, the Private sector and government is worthy prioritizing.
He called upon participants to use the meeting forum to change the face and image of the African continent through constructive and fruitful deliberations on agricultural production, food safety research and better health food security. To him the RUFORUM AGM is a bigger opportunity to think and act, make proposals, formulate recommendations and necessary resolutions which if acted on can change the face of the African continent.
“This is the turning point for the African continent to think big and have the courage to dream big. This is our opportunity to make a difference in our world. This is the opportunity Africa needed to change the target of its demand of action. We have to mutualize and federate our actions and voices in the interest of a united, strong and prosperous Africa,” he said.
The 19th RUFORUM Annual General Meeting carried a unique vibrant turn as being the first to be held in West and Central Africa. The weeklong event broke the record as the most and well attended ever with over 600 participants across the region as well as international delegates. The colorful event was embroiled with informative, constructive, edutainment activities in form of pre-AGM events, side events, Business Meetings, capacity building and mentoring sessions, scientific conferences, poster sessions and exhibitions well aligned to key thematic areas as well as the AGM theme: Transforming Higher Education to Sustainably Feed and Create Prosperity for Africa.
Additionally, high-level policy dialogues with Ministers, Senior Government Leaders and Development Partners were held to review the finance and other resource mobilization strategies as well as following up on the actualization of the available national, regional and global policies geared towards higher education transformation and ensuring of food security in Africa.
Speaking at the Opening Ceremony, Prof. Theresia Nkuo-Akenji, the RUFORUM Board Chair and Vice Chancellor University of Bamenda thanked His Excellence Paul Biya and the Government of Cameroon for accepting to host the 19th RUFORUM Annual General Meeting and equally appreciated the financial support towards the same cause.
In a special way, Prof. Theresia Nkuo-Akenji thanked the Ministry of State for Higher education and all the sister ministries of Government of Cameroon that worked hard to see to it that the 19th RUFORUM AGM is a success. Equally, the Board Chair, extended her sincere gratitude to the people of Cameroon for the warm reception and support.
“My special tribute goes to the members of AGM 2023 Sub committees. You have indeed done a great job throughout the ten months of organizing this significant event. On behalf of RUFORUM Network, I thank you. To the RUFORUM Secretariat under the dynamic leadership of Prof. Patrick Okwori, accept our immense gratitude for your strong determination and dedication,” she gratefully said.
She recognized the tremendous achievements and developments aligned to RUFORUM’s nineteen years (19) of existence noting that the strong network has wisely selected its priority areas of focus to transform higher education and agricultural sector in Africa as;
- Reform the training agenda for Africa to meet the development needs
- Entrepreneurship and business incubation for wealth creation
- Research for Development and wealth creation
- Partnerships for scale and impact
“As African people, permit me to use the adage of a broom; it is easy to break a single broom piece but when you combine several small brooms together they then make a broom stack that will not be easy to break. The collective power that RUFORUM has put together through 163 universities from across 40 countries bears such strength. The Vice Chancellors gathered here today remain committed to the core values and foundations of the network. To illustrate this Your Excellency, each of the Vice Chancellors meet their own costs of participation.” She happy said.
In the same spirit the RUFORUM Executive Secretary Prof. Patrick Okori deeply thanked the host Universities that is, University of Bamenda, University of Ngaoundere, University of Dschang, University of Buea and University of Maroua under the strong and able leadership of the RUFORUM Board Chair, Prof. Theresia Nkuo-Akenji for successfully hosting the 19th RUFORUM Annual General Meeting.
He also recognized the Former Vice Chancellor of University of Ngaoundere Prof. Florence Uphie Chinje Melo who heavily supported the AGM preparations. He was astonished with the presence of the Africa Development Bank, MasterCard Foundation, research international communities, RUFORUM for Agricultural Research in Africa, the Africa Forum for Agricultural Advisory Services, sub regional Agricultural organizations such as the Association for Strengthening Agricultural Research in Eastern and Central Africa (ASARECA), the Centre for Coordination of Agricultural Research and Development for Southern Africa (CCARDESA) and the West and Central African Council for Agricultural Research and Development (CORAF).
“You have all provided support for this engagement, thank you very much. Together we will continue this journey of transforming Africa’s Agricultural and higher education to produce human resources and development solutions that Africa and indeed the world needs,” he said.
Reflecting on the AGM’s theme, Prof. Okori emphasized the need for Africa to become food secure when he said, “Africa must be an equal opportunity creator for the young generation, it must create wealth for its people and provide opportunities for the present and future and these are well summarized in agenda 2063. It is our collective duty therefore to turn these opportunities and actions into investment.”
According to him, the RUFORUM Network remains strong in building capacity and providing the necessary development solutions and opportunities. He noted that Africa generates about 10-12 million job entrants annually but the continent’s economy in its current configuration can only produce 3 million jobs. To him, for Africa to therefore reap from its demographic dividends, there is need to strengthen the paths to demographic transition of keeping young girls in school.
Prof. Okori also mentioned that RUFORUM is currently intensifying its inclusion and diversity targets. From 45%, the network has an ambitious target of at least 70%. “We must slow the rate at which girls give birth when young. It is the only way we are going to benefit from our population dividend,” he said.
According to him, the higher degree needs for Africa is pretty dire. The World Bank recommends 10,000 PhDs to Africa. This can be compared to India whose signal population of 1. 4 billion registers 24000 PhDs a year. The pressure therefore on Africa’s side to intensify graduate training is real.
“Our graduate training in sciences therefore is one of the drivers to achieve this and it is the immense reason as to why in this meeting we have social and development partners. We are launching a journey with the Africa Development Bank that will bring us together as apex organizations in Africa to work together and solve our own challenges. However, as we do all these, we need to celebrate Africa. We should be recognizing and celebrating people who made what Africa is today,” he said.
Africa is informed by a number of important mutually interacting factors that collectively, are affecting the growth and progress of the continent. The economic outlook of the African continent in 2023 by the African Development Bank and other global apex development financial institutions was positive. However, Africa’s economic growth has since then decelerated, and is now projected to be lower than the previously projected rate of 4.1%.
Agriculture a key sector, continues to be affected by both natural and human induced factors. It continues to face serious threats from climate. Studies by the United Nation’s Convention to Combat Desertification show that Africa accounts for 44% of severe droughts recorded globally in the last 50 years, causing economic losses of more than USD 70 billion. In 2022, an estimated loss of US$ 8.5 billion in economic damages was experienced due to climate change. Clearly, climate change and weather variability, remains one of the grand challenges of the 21st century for Africa and the World, because it affects key livelihood and strategic areas of emerging economies.
Unemployment facing Africa’s dominant demographic-the youth, raises questions about education, skilling and jobs creation while inclusion and diversity, the underpinning for an equal society, remains challenging. The question then to academia, researchers, development practitioners and policymakers is, “what step must we take right now to address the challenges to our current and future generations?”
“Our resounding response as RUFORUM is in line with what Malcolm X said many years ago, “Education and research for development are the passports to the future, for tomorrow belongs to those who prepare for it today,” said Prof. Partick Okori.
According to the Deputy Minister for Education in Malawi, Her Excellence Mdooko Nancy Chawola who represented the visiting ministers of RUFORUM partner countries, African countries should put in place vibrant resource mobilization mechanisms to collectively finance Africa’s education and support governments that are battling with competitive budgetary demands.
“For the universities to offer solutions for the challenges the continent is facing, there is need to rebuild the curriculum that responds to our current needs and not what we needed yesterday. Our respective countries are grappling with higher levels of unemployment, can investors assist by producing graduates with entrepreneurial skills so that they are able to employ themselves and others. Of course there will be need to put in place support mechanism for such graduates to take over,” she said.
She equally acknowledged the national regulatory frameworks such as the Malawi Regulation Framework 2063 developed inline with the African Union Agenda 2063 the Africa we want, in which the continent aspires to be prosperous by 2063 through various means such as modernizing agricultural for increased production and productivity there by making people food secure.
She applauded RUFORUM’s efforts towards zero hunger in Africa through its vision 2030. According to Mdooko Nancy Chawola, food security is supposed be prerogative as well highlighted in the Sustainable Development Goal 2 (SDG 2) that is geared towards ending hunger, attaining food security, improving nutrition and promoting sustainable development.
In Cameroon, Agriculture and Education have been prioritized as drivers for economic growth and transformation. Through an agricultural flagship program initiated by His Excellence Paul Biya, science programmes and financial services as well as favorable ways of accessing market have been introduced in the country with the aim of transforming agricultural sector into a value added industrialized and integrated system engine of economic growth.
According to Prof. Ngomo Horace Manga- Vice Chancellor, University Buea, the government of Cameroon has resolved to grant its people with education that can help them manage their personal, national and Africa’s present and future economic destiny. In 2022, His excellence Paul Biya endorsed the recruitment process of 2000 lecturers in universities to ensure the quality of higher education in Cameroon.
“Collectively these education reforms and investment actions affordably can transform the people of Cameroon into a strong emerging market. Cameroon carries the highest science female adoptive rate in sub-Saharan Africa at 73%. This is a strong result of government delivery of United Nations SDG 5 of achieving education and build human capital for the country,” he noted.
The Opening Ceremony for the 19th RUFORUM Annual General Meeting unlocked the floor for critical discussions and meetings throughout the week. At the same function, RUFORUM presented a contemporary painting to His Excellence Paul Biya, President of the United Republic of Cameroon in recognition of his outstanding, selfless and patriotic services s to the people of Cameroon and Africa at large.
On 25th October 2023, the RUFORUM Network equally participated in the Cameroon Higher Education Day, the first of its kind in the country.
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