General
Ambassador Arikana Chihombori tasks African Youth Leaders to re-unite Africa
Published
1 year agoon
By
Mak EditorBy Ritah Namisango
“We are at war-an economic war; we are also at war with our own mind. Wake up Africa, have a conversation with the image in the mirror and what you believe. We have to continuously and constantly remind ourselves that we have this ailment and we were programmed to feel inferior. That is the part of mind and a continuous battle. You and the image in the mirror are the only ones who can decide whether it is a battle that you are determined to win,” H.E Ambassador Dr. Arikana Chihombori Quao tasked the youth and student leaders at a cross-generational Fireside Conversation (Ekyooto) organized by Julius Nyerere Leadership Centre (JNLC) at Makerere University on July 26th 2023.
The Julius Nyerere Leadership Centre (JNLC) is named after a great Pan-Africanist and former President of the United Republic of Tanzania, the late Mwalimu Julius Kambarage Nyerere. The Centre, established as a Presidential Initiative, was launched on October 6th 2018 to honor his legacy as a true African leader and activist. The Centre was expected to spearhead intergenerational dialogues on African history and the study of Africa’s revolutionary movements. As a knowledge and research hub, the Centre was to provide a platform for distinguished African intellectuals, scholars and other accomplished Africans to share, nurture, mentor, challenge and account to the next generation of African leaders.
Delivering the keynote speech, H.E. Ambassador Dr. Arikana Chihombori-Quao reflected on the past ideas and current leaders’ ideals to build Africa’s self-sustenance. While sharing with the vibrant young minds at ‘Ekyooto’ about the gift of the African Continent, the Ambassador emphasised the need to go back to the genesis and root of why Africa is where it is today. In her view, we can never know where we are going if we don’t know where we come from.
H.E Ambassador Dr. Arikana Chihombori Quao is a medical doctor, public speaker, educator, an entrepreneur and a staunch Pan African Activist who originates from Chivu, Zimbabwe, but based in the United States of America (USA). She served as the African Union representative to the United States of America (USA), 2017-2019.
“Brothers and sisters, let us try to understand that Africa is a tree of life. It reminds me about how this great African continent was and is the mother of humanity and life. Let us have a deep understanding of the issues of the root and not waste time to only understand the issues above the ground. Much as they matter too, the most fundamental issue is to understand the matters of the root on this African tree of life, because if we don’t, we will continue to fight about the issues above the ground of this African tree of life,” said the Ambassador.
Ambassador Arikana expressed the need for Africans to understand the root cause of Africa’s ailment, which would put the continent in a better position to strategise and push back against the Western and now the Eastern worlds which have systematically strategised to keep Africa in a position that leaves it prone to further exploitation.
“The question is, what happened to this beautiful, once vibrant African tree of life? We have to get back to the time when we were invaded by the West. They came and found an amazing continent and took away whatever they could. They wondered about how on earth they could conquer such a people. So, they decided to put in place certain fundamental root causes of African destruction. According to Dr. Arikana, they are the same people who set up the stage on how to destroy us systematically.”
Describing how the West strategised to destroy and conquer Africa, she mentioned six (6) strategies that included religion, colonization, slavery, foreign aid, trade policy and multinationals. She revealed that the six (6) strategies were used to brainwash Africans, capture their minds and to make them feel inferior, in addition to dissolving the African culture. “When the missionaries come to Africa, they had a mission to brainwash Africans. They were instructed to teach the Africans how to read, but not to reason. They were trained to systematically abuse and mistreat Africans in a way that could easily lead them into submission. They used religion to brainwash us,” she explained.
Talking about the mindset, the Ambassador explained that Whites used slavery as a destructive tool and trained slave owners to use the slaves’ bodies to control their minds. She said that once you mistreat the body, the mind is affected and once you control the minds, you put them on an automatic pathway to self-destruction. She added that these days, Africans continue to suffer due to the legacy of colonialism. Most of them believe that they cannot perform as those who don’t look like them. This makes Africans to feel inferior, a belief and practice that has been going on for centuries. Ambassador Arikana disclosed that Whites and colonialists defeated us with our own minds, adding that Africans should remember that the battle for us to gain our economic liberation starts with the mind.
She pointed out that the battle for true liberation must go on and for that to happen, the Africans especially the youth must be empowered with knowledge, facts and the truth. She advocated for serious conversations with the image in the mirror and begin to understand that we feel the way we do because we were systematically put in that position. The Ambassador stressed that we all have the responsibility to recreate and rebuild Africa to where it once was when we ruled the world. This is a warfare that the entire African community should embrace.
She reiterated that no one should ever tell us that we are not good enough. No one should let us feel inferior because we are the mothers and fathers of humanity. It is a fact that without the black man and woman, there would be no life and humanity. She stated that the Whites also realised that the gene for blackness is the only dominant gene, a finding that scared them the most.
“So, their fear of a black man and woman is real which proves that we are indestructible. Once we know all these facts, we shall never feel inferior. In fact, we should be standing tall and proclaim to the world who we are; the proud, beautiful, intelligent, sophisticated, highly adaptable and above all, totally indestructible,” the Ambassador firmly stated.
Ambassador Arikana spoke about the implications of the Berlin Conference that took place in Berlin, Germany, in 1884 on the African continent. She lectured about the outcome of the divisions on the continent of Africa that left many families, communities and kingdoms separated. She disclosed that these divisions explain the causes of some of Africa’s problems that are still in effect today. She then advocated for the reunification of Africa.
Sharing experiences and historical facts, Mr. Damian Courtland Cook, the Vice to the Ambassador, pointed out that the Whites used slavery to control Africans with a program they used to manipulate the mindset of young Africans. He disclosed to the student leaders and African youth at the Fireside Conversation (Ekyooto) that the Whites conducted a program within the plantations. “When new slaves would arrive at the plantation, they would take the strongest black man, tie him up and put him between two horses. They would take the females and line them up, preferably the pregnant ones or ones with young children. They would then rip this man apart to psychologically create a disturbing program in the mind of a child, they would then take all the men there and beat them half to death. These acts caused the mother to keep the child from becoming a dominant child and that was the intention of the program.”
Having stayed in Africa especially in Zimbabwe, Mr. Damian Cook has known and seen the beauty of this great continent of Africa. He wondered why the West chose to portray a wrong image of Africa and whether they should still be called White. He said, “The image that Whites shed about Africa is not real, what is being given by the media is so different from the truth. The stories that were supposed to be told were not told to us about Africa, and the truth was never said. We only received images of young Africans found dirty and wandering around with flies, asking for donations. What was troubling was that the person asking for donations for these African children was a white person! If we say white, in our instincts we think of something pure, which is not the case here.”
Mr. Cook added that we have the brains and we should focus on bridging the technology gap for us to unite this continent. He said that the program is running in us, therefore, we must first recognize that there is a problem, and once we do so, then we must monitor it. He also advocated for the love and trust for each other.
“Why do we not trust one another? Why do we not trust our brothers and sisters, why do we not love each other, why are we so divided? We were programmed that way, it’s a program which is like a computer program. When it runs, it won’t stop unless you are aware of it, it will run, move you and you will think that it is your own fault. Mr. Cook said that these are thoughts that were planted in Africans.”
In her remarks, Dr. Suzie Nansozi Muwanga, the Executive Director, JNLC revealed that the Fireside conversations (Ekyooto) will be a great tool to bring together young and old people. Most importantly, the fireside conversations will awaken the minds of the youth to work on the image in the mirror. She advised the youth about the importance of self-discipline, the ability to hold themselves accountable and to always look out for their sister or brother to protect each other’s interests.
The Executive Director stated that “the mindset needs personal commitment. If you can commit yourself as a youth, a leader and an elder and always question and hold yourself accountable, there is no way you can go wrong, especially when you wrap it up with good discipline. All these happen to be in our good cultural norms of Africa,”
Professor Sarah Ssali, an Associate Professor at Makerere University and Dean-School of Women and Gender Studies and JNLC Board Member emphasised the need for Africans to play a part in the definition and re-definition of the narratives about Africa. She said that they have a role to play and the Julius Nyerere Leadership Centre (JNLC) provides a place and space they could sit and have these conversations, about what it means for us to be located on the continent at this particular time in history.
Associate Professor Sarah Ssali said “this is a time when we cannot afford to be complaisant, it is a time when we cannot afford to ignore and leave the definition and narratives to others. We are very happy that the JNLC came up with leadership and presidential leadership series.”
Associate Professor Sarah Ssali reiterated the fact that Africa is in an economic war and war of the mind that call for immediate action. She called upon the young and future leaders to stay focused.
She remarked that “much as there is a mind war that we experience individually, there is also a structural plan which shapes and determines what we experience as individuals. As we contemplate, the image in the mirror should not be forgotten.”
In addition, Mrs. Esteri Akandwanaho Muhoozi, a JNLC Board Member emphasised the need for Africans to understand their history and called upon the present generation to write the past roles and make better choices for a united and better sustaining African continent.
“Let us draw on the lessons learned here and those from our past leaders namely Mwalimu Julius Nyerere and we remain resolute in our commitment to make better choices for our continent and families,” she said. Mrs. Esteri Muhoozi noted that this generation has an opportunity and obligation to write these roles and forge a new path towards unity, prosperity and self-sustenance. The wounds of the past are healed; the choices we make now serve as beacons for hope tomorrow.
She added that strategic security plays a paramount role in this pursuit. She believes that if we invest our time and physical resources into Africa, we will be able to safeguard the continent. She articulated the need to be more organized as well as the need for more effort and purpose on our part to use our freedoms to make sense. “Strategic security is something that means that we should protect and ensure that we can secure what we have complete control over. We should then secure our communities which include our minds, children and resources against what we know are the internal and external threats.”
She thanked Dr. Arikana for her dedication to Africa’s progress and commitment to unity, her contribution towards the life journey to the Pan African cause and her inspiring words that ignited a call for action. She also thanked the young and everyday leaders for their devotion to Pan Africanism and raising issues that provided them with the campus to navigate the challenges that lied ahead of Africa. She commended the management and team of JNLC and the entire Makerere University leadership for the tireless work they do in promoting Pan Africanism.
Mr. Andrew Tumusiime, a founding board member of JNLC said he was really honoured to be part of the Fireside conversation (Ekyooto) with Ambassador Arikana. According to Mr. Tumusiime, the JNLC at Makerere University is the best “Pan African Centre currently active on the continent.”
Mr. Tumusiime stated that gathering to talk and reflect on our culture, identity and effective development is a great move and if we need to store and have a strong foundation to tag along and not behind, there is need to move side by side with the women in Africa. In his view, when it comes to Pan African affairs, women have proved that they can stand to be so loyal more than men when it comes to building homes and nations. “Many women especially in West Africa fought the colonialists, some of whom are in history books and never spoken about, but they set a foundation for many of those countries that were liberated.”
In Africa, Mr. Tumusiime noted that culture was the only fortress that had remained. According to Mr. Tumusiime if we start with identifying ourselves as Africans who are brothers and sisters and agree that identity with one another is what’s going to be our next fortress, then that will be the best.” He noted with concern that “some parents do not even wish to give their children African names, but foreign names with hardly a meaning, yet for a long time we have preserved our culture through our names and our stories; it’s now high time we returned to our roots.
Focusing on being young, African and Free, Mr. Jacob Eyeru, the Chair of Uganda National Youth Council said there is more freedom among many young Africans today than ever before. There has never been a connected generation in Africa as they are. They have a privilege of the Internet where they could ably communicate to fellow youth near and far, but the choices of what they speak about, the agenda and direction of the conversations they hold are what still need to be worked on. In that regard, he urged his fellow young Africans to use their freedom to interact on the questions of the generational consequences for Africa.
“As young African leaders, let us challenge ourselves to be a driving force to unite us to the Africa we want. When we talk about agenda 2030, 2063, it is not for our fathers, but for us and our children. We are the future leaders of Africa, not our fathers. So, shall we be speaking of the same challenges that our fore fathers spoke about? Mr. Eyeru remarked that “we need to carry on our own generation in our youthfulness to make Africa a better continent for us and our children.”
He added that young Africans can build a generational consensus to devote sometime away from their economic needs to the needs of the future of Africa in the global space. The globalisation agenda did not start today, it started way back, but is only to the effect that opportunities are brought to the countries that are already ahead of others. That is the globalisation journey and the kind of world of liberalisation that Mwalimu Julius Nyerere spoke about.
Contemplating on the struggles their fore fathers and mothers passed through and the contribution they made in a time when there was no technology like today, Mr. Eyeru felt his generation has not made good use of the freedom and opportunities they have to full capacity in creating a better Africa. He then wondered what the young people now use their freedom for and how they would take Africa to a position where it has to be. He said, that is where his interest has been in the entire term of his leadership.
“Our generation is not organising around the freedom that we have. Everything from around 1960 to about 1980 in Africa was a struggle and people were organising without telephones, internet and other technologies. When Uganda was getting its independence in 1962, the country had less than 100 graduates at University level, but these graduates were talking about what was happening in Apartheid South Africa and how Uganda must contribute. That’s Pan Africanism. Mr. Eyeru concluded that we should also emulate that in our generation, and the freedom to interact we have as young Africans must mean something for the future of our continent.”
H.E. Mariat Namiiro, the Vice Guild President of the 89th Students’ Guild at Makerere University and a vibrant Pan-Africanist revealed that the youth in Africa still lacked the sense of feeling the sense of Africanism in them. She disclosed the need to learn from those leaders who had gone through it and understood Pan Africanism as well as the need for African economic liberation. She said that Africans should start by accepting who they are.
H.E. Namiiro said, “as a young leader, I can stand up for what I believe is right. As an African, I can stand up for Africa because I believe that Africans are the best. In this world of trying to grapple with economic and environment changes and resource challenges, I do believe that we as young leaders have a great role to play. We have a lot to do to ensure sustainable practices that can develop and spread within Africa.”
The Vice Guild President noted that the youth shouldn’t wait to be given authority and leadership positions to feel that they can change Africa to what we want it to be. She thus called upon fellow youth leaders to embrace the mantle of everyday leadership with determination and hope together. This was because she believed that they could create a world where self-sustenance and economic liberation are not just an aspiration to them, but a reality in Africa like how our fore fathers and mothers wanted it to be.
According to Hon. Moses Jok Aluong, an international student from South Sudan and the Minister for International Students in the 89th Students’ Guild at Makerere University, the African youth can leverage their identity with other Africans to better position the continent. Having come from a country with a diversity of identities, 64 tribes in total, he realised that the way they make use of that opportunity as Africans is not the best. They use that diversity of identity to foster vices such as corruption, nepotism and favoritism which he thinks should change.
Hon. Jok said that the African youth should understand that despite the diversity of identity, they have a common background. In his opinion, they can use their history and identify to contribute to self-sustenance in Africa and to rebrand and reshape the narrative of the African Youth, “If I belong to one ethnicity, it does not mean that we are different. It should be more of how we can make good use of this, having come from different backgrounds to better tell our common story as Africans. I believe we as the youth leaders can change that.”
He advised that the youth should embrace and leverage on the available opportunities namely the Internet and other technologies to constructively position themselves. He stressed the point that the youths from other spheres of the world such as China who are making research every day to come up with new inventions are not more intelligent than them. He implored his fellow youth to make use of what they have to better reposition Africa than going with the flow of how the West defines us.
“We have to better position ourselves to make good use of available opportunities to retell our story. We can also emulate countries that have made it yet they were once in the same position with us. These people decided to redefine themselves. We can redefine ourselves by making use of what we have because we have it all. What we need is to put it to good use,” said Hon. Jok.
Wrapping up the Fireside conversation (Ekyooto), the JNLC Executive Director, Dr. Nansozi Muwanga thanked H.E. Ambassador Arikana Chihombori Quao for the wonderful submission to the youth and young leaders as well as her exemplary role as a Pan Africanist. She also commended Makerere University for providing the Centre with the physical space as well as the Uganda Management Institute (UMI) for their consistent support and partnership. Dr. Muwanga equally thanked the young leaders present for their active participation in the Ekyooto – the Fireside conversation.
Ambassador Arikana Chihombori expressed her sincere gratitude for the invitation to Makerere University to speak to the young bright minds and the future African leaders. She believed that the cross-generational conversation presented her with a platform to fulfill her responsibility as an elder by teaching the youth and young leaders the truth.
The Ambassador gifted JNLC with copies of one of her famous books titled “Africa 101: The Wake Up Call.” The book is about the “hunters” and the “hunted.” The hunters are Africa’s exploiters, slavers, colonizers, and neo-colonisers, and the hunted are the African people who have survived against severe odds. In this book, Ambassador Arikana confirms that the hunt is still ongoing and calls on Africans and people of African descent all over the world to rise up in defense of Africa-our beloved continent.
The front cover states, “Wake up from the slumber of 400 years, free yourself from the mental shackles of colonialisation and slavery, black lives matter, I can’t breathe, get off my neck.” This book contains the naked truth that our children must read. Every chapter is a subject matter. It will make you think deep about what is really going on in Africa. Ambassador Arikana said: “So, this is my gift to the Julius Nyerere Leadership Centre (JNLC).”
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General
The 3rd Fundis and Technicians sensitization event and exhibition held successfully
Published
19 mins 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.
General
MURBS has declared 13.40% interest on members’ balances for the financial year that ended on 30th June 2024.
Published
3 days agoon
October 30, 2024By: Ritah Namisango
Dr. Elizabeth Patricia Nansubuga, Chairperson of the Makerere University Retirement Benefits Scheme (MURBS) Board of Trustees, announced this milestone during the 14th Annual General Meeting (AGM) for the year 2023/24 held on Thursday, 24th October 2024, at Makerere University Main Campus, School of Public Health Auditorium.
The AGM attracted various stakeholders, including trustees, Audit Committee Chairperson CPA David Ssenoga, Board Evaluation Consultant Vincent Kaheeru, URBRA Representative Mark Lotukei, Audit Committee members, co-opted members, and university administrators.
Presenting the performance report, on behalf of the Board of Trustees, Dr. Nansubuga highlighted that this is the highest interest declared by the scheme in the past five years, and she anticipates continued improvements. She noted that for the previous financial year, which ended in June 2023, the Board of Trustees declared an interest an interest of 12.34%.
Dr Nansubuga also announced that the scheme has achieved a Net Investment Income of UGX 44.6 billion, far higher than the UGX34.4 billion collected in Contributions during the year.
The Chairperson of the Board also revealed that the fund value had grown from UGX352.4 billion recorded at the end of the last financial year to UGX409.2 billion, indicating an increase of 16.1%.
“By 30th June 2023, MURBS had a fund value of UGX 352.4 billion. The Board of Trustees targeted Fund growth of 17%, and I am glad to inform you, that the fund value of MURBS, as per the Audited Financial Statements of 30th June 2024 is UGX 409.2 billion, which is an increase of 16.1%. This achievement was made possible by strategic periodical activities undertaken by the Board and our fund managers, supported by the strong oversight committees of the Board,” she reported.
She attributed the positive growth to factors such as improved debt recovery, operational efficiency, timely remittance of contributions by the sponsor (Makerere University), an increase in project and contract contributions, and the recovery of UGX8.85 billion in debts.
Dr. Nansubuga also expressed gratitude to Makerere University, the scheme’s sponsor, for consistently remitting contributions, a key factor that has significantly contributed to MURBS’ smooth operation. “I am happy to announce that the sponsor-Makerere University remitted your retirement benefits for the financial year 2023/24,” she said.
In the same development, Dr. Nansubuga reported that MURBS registered a legal victory against Uganda Revenue Authority (URA) over a real estate investment in Sonde undertaken in 2019, and which URA sought to tax heavily. She notified the AGM that MURBS won the case and was awarded costs which also set a precedent.
“On behalf of the Board of Trustees, I am pleased to inform you that during the financial year, we received a favorable outcome on a key court case. How did we end up with this case? In 2019, MURBS invested in real estate, we bought land in Sonde,” Dr Nansubuga explained.
“Uganda Revenue Authority (URA) then charged us with a tax assessment worth UGX600 million. It has been four (4) years in the tax appeals tribunal. Since then, the lawyers, the former and current trustees, have been appearing before the appeals tribunal, but in December 2023, MURBS won the case. We challenged URA, and this case was awarded with costs. URA has to pay MURBS. We therefore saved UGX600 million,” she added.
In terms of governance, Dr Nansubuga said that the scheme made changes in the board. Initially, the trustees were six and they needed a seventh member, and following a competitive race, they recruited another trustee; CPA Edina Rugumayo who has over thirty years in accounting.
“In terms of governance, we continue to uphold good governance practices and we align with international standards. Last year during the presentation, I said we were six and we needed to have the seventh trustee because the Board composition is supposed to be seven,” she explained.
“So, following a competitive process, we recruited an independent trustee. It was a very competitive position. You must have served on board which has over UGX50 billion. So, from that process, we were able to recruit CPA Edna Rugumayo Simbwa. She is a certified public accountant with over thirty years of experience in accounting, taxation, and corporate governance,” she mentioned.
She also thanked other stakeholders for making sure that MURBS activities run smoothly. These entities include Makerere University, KPMG, Gen Africa, Arcadia Advocates, Zamara, URBRA, and Stanbic Bank among others.
While discussing investments, Dr. Nansubuga mentioned that 86% of MURBS’ funds are currently invested in government bonds, but added that the Board is exploring diversification to reduce risks.
“86% percent of our money is invested in government bonds, and sometimes, you do not have to put all your eggs in one basket, there is a high concentration of risk. so that is one of the key material risks that we want to address to reduce the amount we have in government securities. We want to diversify our portfolio and avoid investing heavily in government securities. The Board will venture into other fields in order to earn money or return on investment from the diverse undertakings,” she said.
In terms of membership, Dr. Nansubuga reported a 4.4% increase, with the number of members rising from 8,229 to 8,590. She attributed this growth to the reinstatement of in-house beneficiaries and an increase in project and contract staff.
Dr. Kakuba also thanked the sponsor-Makerere University for remitting the membership contributions timely which has helped the scheme to grow.
Dr. Godwin Kakuba -Secretary, MURBS Board of Trustees, who presented the record of the 13th Annual General Meeting stressed that the AGM climaxes a financial year and the Board of Trustee has been vigilant on this and has not missed any AGM for 14 years now.
“We applaud the sponsor because many of these positives in the chairperson’s report can only be attributed to the support by the sponsor through fulfilling the obligation of remitting members’ contributions to the scheme,” he added.
Partner Asad Ssenoga, an independent auditor who audited the scheme said that he was impressed with the level of compliance that the scheme exhibited in all aspects. He said they focused on ensuring that the member contributions are supported with statements and allocated to members appropriately.
“Overall we were satisfied with the work we did on the audit, the numbers that were presented by the Chairperson are the correct numbers that we audited. We were comfortable with those numbers, due process was followed during the audit,” he said.
Mr. Mark Lotukei who represented the CEO of Uganda Retirement Benefits Regulatory Authority (URBRA) thanked the Trustees for always prioritizing governance, which has helped them to reach several milestones.
“As URBRA, we look at governance as the biggest component of our compliance. MURBS Trustees from the former to the current, have taken governance as the most important aspect. We really encourage them to continue with this good practice because governance informs all the other aspects,” he said.
Mr. Arthur Kibira, a member in attendance, expressed his appreciation for the Board’s efforts. He urged them to explore higher-risk investments for potentially greater returns. He expressed concern over the scheme’s heavy reliance on government bonds.
“Dr Elizabeth Nansubuga, I want to congratulate you, and your team and also congratulate ourselves. But, I want to believe that there is room for improvement. I am one of those who do not believe that the sky is the limit, we are limited by our own thinking. I am thinking that high risks give high returns. Is there a way of managing those risks, so that we could push this 13.40% interest to a figure much higher? If we do so, we shall say we have learnt how to manage risks,”, he guided.
General
Makerere University at the 2024 O.R. Tambo Africa Research Chairs Annual Gathering in Ouagadougou, Burkina Faso
Published
3 days agoon
October 30, 2024By
Mak EditorThe Research Chairs concept is similar to Centers of Excellence (for instance in supporting world-class research in a priority area), but also has many distinguishing features. Most notably, it recognizes individual excellence, leadership and talent. The O.R. Tambo Africa Research Chairs Initiative (ORTARChI) builds on the work of Oliver Tambo, a prominent South African and pan-Africanist with a science education background, who believed in creating change through education and in cooperation and solidarity among African nations. The Initiative focuses on celebrating his legacy in building knowledge-based economies for the advancement of Africa.
ORTARChI builds on and leverages existing continental frameworks and interventions geared towards institutional capacity strengthening; recruitment and retention of excellent researchers; and incentives to support research that contributes to socio-economic and transformative development.
Ten (10) O.R. Tambo Africa Research Chairs across seven (7) countries in Africa, namely; Botswana, Burkina Faso, Ghana, Mozambique, Tanzania, Uganda and Zambia have been selected for funding through a rigorous and competitive two-stage review process. These research chairs are focused on research priorities identified by each host institution in conjunction with, especially the Science Councils, and in alignment with AU Agenda 2063 and STISA 2024.
Prof. Noble Banadda from the College of Agricultural and Environmental Sciences had been inaugurated as one of the first 10 (ten) Oliver Tambo (ORTARChi) Chairs. Unfortunately, Prof. Banadda (R.I.P) passed on in July 2021, which created a vacuum. To ensure that Uganda and Makerere University continue to tap into the ORTARChi, we are glad to announce the appointment of Associate Professor David Meya from the College of Health Sciences at Makerere University for the purpose. The appointment will attract USD 170,000 annually for 5 years for graduate research with a target of training 5-6 PhDs, 10-15 Post-doctoral fellows and 10-12 Masters of Medicine and Master of Science Students at Makerere University and Mbarara University of Science and Technology.
Makerere University has had the pleasure of attending 2024 O.R. Tambo Africa Research Chairs Annual Gathering in Ouagadougou, Burkina Faso. The annual gathering is co-hosted by the Joseph Ki-Zerbo University, National Research and Innovation Fund for Development (FONRID) and the National Research Foundation (NRF) of South Africa. The theme for this year’s gathering is: “African Sovereignty: A Catalyst for Research Collaborations and Social Impact in the Continent“. At the annual gathering, Uganda was represented by Associate Prof. David Meya (Uganda Chair Elect, ORTARChI), Prof. Henry Alinaitwe (Deputy Vice Chancellor Finance and Administration, Mak), Associate Prof. Robert Wamala (Director, Research and Graduate Training) and Dr. Martin Ongol (Ag. Executive Secretary, UNCST). Assoc. Prof. David Meya – ORTARChI Chair Elect – is from Makerere University’s School of Medicine at the College of Health Sciences.
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