Assoc. Prof. Sarah Ssali (5th L) who represented the Chairperson Council with Members of Council, US-Mr. Yusuf Kiranda (6th L), URBRA's Mrs. Ritah Nansasi Wasswa (4th L), Chairperson MURBS BoT-Dr. Godwin Kakuba (7th L), MURBS Trustees, Representatives of Management as well as the Chairman MUASA and Representatives of Staff Associations at the presentation held on 19th October 2021, Senate Building, Makerere University.
The University Council and Management have commended the Makerere University Retirement Benefits Scheme (MURBS) Board of Trustees (BoT), Service Providers and Secretariat on the Scheme’s fund value growth from UGX 209 Billion to UGX 255 Billion during the Financial Year 2020/21. The commendations were delivered on Tuesday 19th October 2021 in the Telepresence Centre, Senate Building at the presentation of MURBS’ performance for the aforementioned period ahead of the 11th Annual General Meeting (AGM) scheduled to take place on Thursday 21st October 2021.
“The Chairperson of MURBS has told us that the Scheme now has assets worth UGX 255 Billion and has shown a rising trend of members’ benefits over the last few years. It is quite remarkable that 200 University employees have crossed into the group having over UGX 200 million in a space of one year!” exclaimed the Vice Chancellor, Prof. Barnabas Nawangwe in his remarks.
The Vice Chancellor, Prof. Barnabas Nawangwe delivers his remarks.
Earlier, Dr. Godwin Kakuba the Chairperson MURBS BoT had in his communication shared that the Scheme recorded two (2) members whose benefits crossed into the UGX 350-400 Million range, while four (4) members’ benefits crossed into the UGX 300-350 Million range within the period 30th June 2021 to 30th June 2021. Furthermore, within the same period, members with benefits in the UGX 250-300 Million range grew from six (6) to seventy eight (78), while those in the UGX 200-250 Million range grew from seventy three (73) to two hundred seventy three (273).
“These are good performance indicators and I am sure members of MURBS are pleased about them. We too welcome these results and hope that they will result into something positive for the University” said Prof. Nawangwe.
The Chairperson Board of Trustees, Dr. Godwin Kakuba presents the Statement of MURBS’ Performance for the FY 2020/21.
On this note, the Vice Chancellor urged members of MURBS to serve the University with dedication and contribute generously towards the reconstruction of the Main Building. He equally appealed to staff to actively participate in celebrations to mark 100 years of Makerere University’s existence. The year-long celebrations were launched by the President H.E. Yoweri Kaguta Museveni on 9th October 2021 during the 59th Independence Day commemorations at Kololo Ceremonial Grounds.
The Chairperson, Makerere University Council, Mrs. Lorna Magara who was represented by Council Member and Dean School of Women and Gender Studies, Assoc. Prof. Sarah Ssali in her remarks thanked God for MURBS’ notable achievement despite a Financial Year characterized by lockdowns and COVID-19 infection waves.
“These (performance indicators) are well above the objectives of the scheme and have added real growth to every individual member’s funds. I also congratulate the Trustees on this achievement” lauded Mrs. Magara.
Assoc. Prof. Sarah Ssali represented the Chairperson of Council, Mrs. Lorna Magara.
At 77.79%, Treasury Bonds form the largest Asset Class in MURBS’ investment portfolio. This is followed by Investment property at 7.96%, Quoted shares (East Africa Equities) at 5.58%, Guaranteed Fund at 4.45%, Fixed Deposits at 2.15%, Treasury Bills at 2.01% and Corporate bonds at 0.07%.
The Chairperson congratulated MURBS upon winning an additional two accolades at the Financial Reporting (FiRe) Awards in November 2020. Earlier, the Chairperson Board of Trustees reported that MURBS had emerged winner in the retirement benefits category of the FiRe Awards for four consecutive years.
Assoc. Prof. Sarah Ssali (3rd L), URBRA’s Mrs. Ritah Nansasi Wasswa (2nd L), University Secretary Mr. Yusuf Kiranda (C) and Chairperson MURBS BoT Dr. Godwin Kakuba (3rd R) with Trustees R-L: Mr. Wilber Grace Naigambi, Ms. Franco Angida Mugyema and Mr. Joseph Ikarokok.
“That is something that brings me, and Makerere University Council as a whole, lots of joy. I am confident that those awards testify about the strength of the Scheme and the level of transparency that you put into this work. Please keep it up” complimented the Chairperson.
Mrs. Magara thanked the Government of Uganda for creating an investment climate that is conducive to good performance of retirement benefits schemes, as well as continuing to pay the salaries of Makerere University Staff from which the scheme receives monthly contributions to invest. She equally thanked the University administration for supporting MURBS by paying most of the staff benefits on time.
Members of the MURBS Secretariat led by Principal Pensions Office (PPO) Ms. Susan Khaitsa (C), and L-R: Assistant PPO (APPO) Mr. Patrick Sempijja, APPO Mrs. Juliet Nabukeera Kitaka, Office Administrators Ms. Rhona Asingwire and Mr. Marvin Kakuba.
The Chairperson concluded by reiterating Council’s support to MURBS as a model scheme in the country and commitment to ensuring that the balance of the In-house debt is cleared.
“I am satisfied that the University Council is achieving the objectives of setting up MURBS. I would like to again advise the Trustees to continue exercising due diligence in all matters of the Scheme” she summed up.
URBRA’s Director Legal Mrs. Ritah Nansasi Wasswa represented the CEO Mr. Martin Nsubuga.
Representing the CEO Uganda Retirement Benefits Regulatory Authority (URBRA) Mr. Martin Nsubuga, the Director Legal-Mrs. Ritah Nansasi Wasswa commended the Board of Trustees on the timely submission of financial statements, application for Trustee licences, quick responses to queries raised by the regulator and general adherence to the legal framework that governs the sector.
“URBRA is working tirelessly to support all licensed schemes in the promotion of good governance and overall management of the schemes’” added Mrs. Wasswa.
The URBRA representative thanked MURBS Trustees for working with the regulator to facilitate the development the Trustee Training and Certification Programme. Launched by URBRA in 2021, the programme is aimed at improving and enhancing professionalism of trustees.
Assoc. Prof. Sarah Ssali (2nd L) with L-R: URBRA’s Mrs. Ritah Nansasi Wasswa, University Secretary Mr. Yusuf Kiranda and Chairperson MURBS BoT Dr. Godwin Kakuba at the presentation of MURBS’ performance for FY 2021/21 held on 19th October 2021 in the Telepresence Centre, Senate Building, Makerere University.
She commended MURBS on its new status as the mandatory retirement benefits scheme of Makerere University. “Given the new status of the scheme, we implore the Trustees to ensure strict compliance with the law, scheme trustee deed and the rules.”
The Chairperson Board of Trustees (BoT), Dr. Godwin Kakuba while presenting the Scheme’s performance reiterated MURBS’ commitment to ensuring that all practices of good governance are adhered to.
“For the Financial Year 2020/21, and in accordance with the Board Charter, the BoT engaged Profiles International Uganda Limited to evaluate its performance. This is the fourth time such an evaluation is being done and the results show that on the whole, the Board was rated very highly with an overall performance rating of ‘Excellent’.
The Secretary MURBS Board of Trustees Mr. Wilber Grace Naigambi.
“The Trustees will continue to work towards the realization of MURBS’ medium to long-term targets, such as, individual member holding reaching the UGX 500 Million band by 2024 and achieving 100% income replacement ratio by 2027” remarked Dr. Kakuba.
The Chairperson concluded by thanking the Chairperson and members of the University Council as well as the Vice Chancellor and members of Management for supporting MURBS to become a fully-fledged Employer Mandatory Scheme.
The presentation was moderated by Mr. Wilber Grace Naigambi MURBS Secretary BoT and Principal Public Relations Officer Ms. Ritah Namisango.
The Office of the Academic Registrar,Makerere University has released lists for the recommended for change of course/ programme for Degree/Diploma Scheme and Direct entry for Private/Government sponsored students for the Academic Year 2025/2026.
The lists released can be accessed by following the respective links below:
Makerere University, through the College of Business and Management Sciences (CoBAMS) and the Economic Policy Research Centre (EPRC), has signed an open Memorandum of Understanding (MoU) with the London School of Economics and Political Science (LSE). This MoU is one of several initiatives aimed at strengthening the university’s global collaborations and research partnerships.
In his remarks, Vice Chancellor Prof. Barnabas Nawangwe highlighted Makerere’s recent centenary celebrations as a testament to its long and influential history in Africa. He reaffirmed the university’s commitment to serious, research-driven collaboration, noting Makerere’s aspiration to become a leading student-centered research university that develops solutions to regional challenges.
Prof. Barnabas Nawangwe makes his remarks ahead of the MoU signing.
Prof. Nawangwe emphasized that Makerere’s research addresses critical issues such as widespread poverty, high youth unemployment, the devastating effects of climate change on agriculture, rapid population growth, and political interference in production. These challenges, he explained, call for climate-resilient agriculture, stronger health systems to address emerging diseases, and more inclusive governance. He further observed that Africa’s ambitious goal of producing one million PhDs in the next decade remains constrained by inadequate supervision capacity across the continent, stressing that collaborations like this MoU are key to bridging that gap.
EPRC Executive Director, Dr. Sarah Sewanyana, described the signing as particularly significant for EPRC and its Board of Directors as they embark on a new five-year strategic plan (2025/26–2029/30). She explained that the plan strongly emphasizes strategic collaborations, with this partnership serving as a prime example of leveraging collective strengths to deepen impact. She underscored EPRC’s role in advancing evidence-based policymaking for national development, aligning with Uganda’s National Development Plan IV.
The partners show off the signed MoU.
Prof. James Wokadala, Acting Principal of CoBAMS, emphasized that the collaboration seeks to preserve and expand vital human knowledge while strengthening partnerships between academic institutions and global research networks. He noted that these networks are instrumental in advising legal and policy professionals, as well as aligning research agendas with both national and corporate priorities. He expressed pride in the extensive efforts of the School of Economics that have expanded these activities in recent years. He pointed to significant accomplishments that have been achieved in collaboration with IGC, including hosting a 2025 high-level international conference on mobile money payment systems, which positioned Makerere University as a thought leader on critical African economic issues. He also celebrated the successful bid by the School of Economics to host the ‘Africa Meeting of the Econometric Society’ in 2027, further demonstrating its contribution to impactful scholarship and policy influence.
The Acting Principal further emphasized that the new partnership with LSE will build on these achievements, offering immense benefits such as expanding capacity-building opportunities for faculty and students, especially in research and Public Infrastructure Management (PIM). The collaboration will also provide platforms for knowledge dissemination and policy dialogue, while addressing pressing socio-economic and health challenges. Ultimately, he said, formalisation of the partnership amplifies CoBAMS’ commitment to excellence in teaching, research, and innovation.
Speaking on behalf of LSE’s International Growth Centre (IGC), Executive Director Dr. Jonathan Leape expressed delight at formalizing the long-standing collaboration with Makerere and EPRC. He highlighted current joint projects, including research on the impact of the 2020 gender-based vaccine program on women’s skills and learning, studies on reforms in STEM education, and investigations into barriers limiting business growth for entrepreneurs. He stressed that the core mission is to bring researchers and policymakers together to address pressing policy challenges with robust, reliable evidence and innovative solutions.
Prof. Nawangwe presents a souvenir Mak Necktie to Dr. Jonathan Leape.
The event, held on 27th August 2025, was attended by several dignitaries including Dr. Richard Newfarmer, Country Director for Uganda and Rwanda (IGC); Dr. Nhial Kuch, Senior Country Economist (IGC); and Mary Teddy Nakyejwe, IGC Programme Officer. Also present were the Director of Research, Dr. Ibrahim Kasirye and other members of EPRC leadership.
Makerere University has hosted a delegation from the Ghent University Association, led by Prof. Mieke Van Herreweghe, Vice Rector of Ghent University. The delegation included representatives from Howest University and Hogent University of Applied Sciences.
Vice Chancellor Prof. Barnabas Nawangwe welcomed the team and highlighted Makerere University’s commitment to addressing the pressing challenges in the region. These include climate change, which continues to hinder investment, and Uganda’s rapidly growing population that has surged from 5 million in the late 1940s to nearly 50 million currently, creating socio-economic challenges such as high youth unemployment.
He emphasized that Makerere’s research agenda focuses on understanding the fast-growing population, tackling health challenges, advancing governance and human rights, and fostering peace through initiatives such as the Rotary Peace Center—the only one of its kind on the African continent. Research at Makerere also seeks to provide solutions to youth unemployment in one of the world’s youngest nations.
The meeting of Members of Management and the visiting delegation in session in the Vice Chancellor’s Boardroom.
The Vice Chancellor further noted that Makerere University teaches and conducts research across a wide spectrum of disciplines, organized into colleges including Agriculture, Business and Management, Computing, Education and External Studies, Engineering and Technology, Health Sciences, Humanities and Social Sciences, Natural Sciences, and Veterinary Medicine. The university also hosts over 60 specialized research centers, among them Centers of Excellence such as the Regional Centre for Crop Improvement, which works to enhance food security, manage pests and diseases, and improve agricultural productivity. Another key institution is the Infectious Diseases Institute, which leads research on HIV/AIDS. With these initiatives, he added, Makerere continues to expand its research footprint while strengthening global partnerships.
Prof. Van Herreweghe provided an overview of Ghent University, founded in 1817 and ranked among the top 100 universities globally for decades. With its motto “Dare to think,” Ghent University has built a strong international reputation. It also holds the distinction of being the only Belgian, and currently the only European, university with a campus in South Korea. Established in 2014, the campus offers bachelor’s programs in applied biotechnology.
She highlighted Ghent’s joint PhD programs, which are structured as sandwich programs to support African universities. Under this arrangement, PhD candidates spend two years funded at Ghent University and another two years at their home university (such as Makerere), with joint supervision from both institutions. These programs, she noted, are a strategic way of fostering international collaboration.
Prof. Barnabas Nawangwe and Prof. Mieke Van Herreweghe pose for a group photo with members of their respective teams at the Main Building entrance.
During the visit, Ghent University signed a Student Exchange Agreement with Makerere University to complement the existing Memorandum of Understanding. The agreement will pave the way for more joint initiatives and strengthen collaboration in the years ahead.
The delegation also included Mr. Lieven Theys, International Coordinator for Business Management at Howest University, who explained that Howest clusters its programs into three key domains: Design and Technology, Human Well-being and Health, and Business and Organization. Dr. Robin Stevens represented Hogent University of Applied Sciences, which runs programs across nine schools including Business and Management, Computer Sciences, Biosciences, Industrial Technology, Teacher Training, and Healthcare.
The visit, held on 27th August 2025, was attended by Makerere University officials and members of various colleges, among them Prof. Winston Tumps Ireeta, the Acting Deputy Vice Chancellor (Finance and Administration) and Principal of the College of Natural Sciences (CoNAS), Prof. Tonny Oyana-Principal College of Computing and Information Sciences (CoCIS), Prof. Moses Musinguzi-Principal College of Engineering, Design, Art and Technology (CEDAT), Prof. Julius Kikooma-Director Graduate Training, Assoc. Prof. Yazidhi Bamutaze-Deputy Principal College of Agricultural and Environmental Sciences (CAES), Assoc. Prof. James Wokadala-Deputy Principal College of Business and Management Sciences (CoBAMS), Assoc. Prof. Richard Idro-Deputy Principal College of Health Sciences, and Dr. Cathy Mbidde, Manager of the Makerere University Innovation Pod (Mak UniPod).