General
MURBS Trustees Declare 12.34% Interest for FY 2022/2023
Published
3 years agoon

The Makerere University Retirements Benefits Scheme (MURBS) on 26th October 2023 declared an interest of 12.34% on members’ balances for the financial ended 30th June 2023. The declaration was made at the MURBS 13th Annual General Meeting (AGM) held on Thursday 26th October 2023 in the Yusuf Lule Central Teaching Facility Auditorium. The MURBS Fund value grew from UGX 299billion at the start of Financial Year 2022/2023 to UGX 352billion as at 30th June 2023. This growth resulted in a net return of UGX 42billion, which was distributed to members as interest.
The declaration was preceded by a presentation of the MURBS Performance for Financial Year 2022/2023 to members of the University Council and Management at a meeting held on Tuesday 24th October 2023 at the Telepresence Centre, Senate Building, Makerere University. The presentation was attended by the Chairperson of Council, Mrs. Lorna Magara represented by the Chairperson Finance, Planning, Administration and Investment Committee (FPAIC) of Council, Mr. Bruce Balaba Kabaasa, the Vice Chancellor, Prof. Barnabas Nawangwe represented by the University Secretary, Mr. Yusuf Kiranda, Acting Deputy Vice Chancellor (Finance and Administration), Prof. Winston Tumps Ireeeta, Director Quality Assurance, Dr. Cyprian Misinde, Acting Director Human Resources, Mr. Deus Tayari Mujuni and Acting Dean of Students, Mr. Peter Rivan Muhereza. The CEO Uganda Retirements Benefits Authority (URBRA), Mr. Martin A. Nsubuga was represented by his Head of Supervision, Mr. Lubega Rodgers.

During the Year, the Trustees operationalised the Trust Deed and Scheme Rules (TDSR) as amended on 30th May 2023. Overall, the amendments facilitated governance, policy, and operational changes and enhancements, further streamlining and strengthening the Scheme. Effective with the new TDSR, the Board composition changed from five (5) to seven (7) Trustees. As at 30 June 2023, the Board was composed of six (6) Trustees, pending appointment of the independent Trustee.
Changes in the Board of Trustees
During the year, the Board discharged one member and appointed three members. The changes involved the retirement of Mr. Wilber Grace Naigambi who completed his term on 31 March 2023 and he was replaced by Dr. Elizabeth Patricia Nansubuga as MUASA’s representative. In a special way, the Trustees recognise and appreciate the contribution of Mr. Wilber Grace Naigambi, who served on the Board of Trustees from 2016 to 2023. In addition, Dr. Deus Kamunyu Muhwezi and Mr. George Bamugemereire, who are Council representatives, joined the Board in May and June 2023 respectively.

Presentation of FY 2022/2023 Performance
Presenting the 2022/2023 performance on behalf of the Chairperson, Dr. Elizabeth Patricia Nansubuga, the Secretary Board of Trustees, Dr. Godwin Kakuba announced that on June 2021, MURBS became the first mandatory Employer-based Scheme in Uganda. Furthermore, he shared that the aforementioned TDSR amendment of 30th May 2023 that changed the Board of Trustees’ size from five to seven also introduced the “Midterm” access by members to 12% of their accrued benefits, provided they are at least 45 years old and have saved with the Scheme for at least ten years .

The Chairperson’s presentation nevertheless cautioned that whereas members were entitled to Midterm access of their funds, it had long-term effects on fund value and return on investment of their cummulative retirement benefits. For example, due to Midterm access in 2022/2023, sixteen Members’ savings shifted from the UGX 200-250million to the UGX 150-200million range, while five members shifted from the UGX 50-100million to the below UGX 50million range.
The shifts due to Midterm access notwithstanding, one members’ savings moved from the UGX 400-450million to the UGX 450-500million range, while three members joined the UGX 400-450million range. The largest number of members; 1,640 out of a total of 3,041 active accounts (53.9%) fall in the category of savings below UGX 50million, a slight improvement from 54.8% last year.

“In a period of five years the Scheme has moved from no one holding benefits above UGX 250million to having 270 members holding benefits above UGX 250million with five of them being above UGX 400million as of 30th June 2023… The Scheme strives to move more members from the lower bands to the upper bands by ensuring timely collection and prudent investment of their contributions” remarked Dr. Kakuba on behalf of the Chairperson.
Dr. Kakuba concluded the Chairperson’s presentation by thanking the University Council and Management for their cooperation and timely remittance of all members’ contributions to the fund. “We thank all the stakeholders who have worked with MURBS to ensure a successful Financial Year, in a special way, we thank you the sponsor for making time for this occasion.”
Responses to Chairperson’s presentation

Responding to the presentation, Mr. Bruce Balaba Kabaasa appreciated the Board for successfully sustaining the Scheme’s operations for the last thirteen years. He nevertheless urged the Trustees to consider a long and detailed strategic plan to serve as the blueprint for the Scheme Funds’ management and investment, so as to safeguard member benefits from challenges that may arise as the value appreciates.
“I am particularly happy that those of you who have been at the forefront of agitating for staff welfare are now very close to the management of MURBS”, he added in reference to Dr. Deus Kamunyu, former Makerere University Academic Staff Association (MUASA) Chairperson.

Mr. Kabaasa nevertheless took difference with the MURBS opinion that Midterm access to funds before retirement should be discouraged. He noted that from the sustainable development perspective, “you don’t compromise today because you are planning for the future.
“My view therefore, is that man or woman should be given an opportunity closer to retirement to start putting one leg into the waters to test how deep they are in order to be able to put in both legs later, well knowing the depth of the river or lake” he remarked. This he justified by noting that it is better for one to lose 12% of their retirement benefits to poorly researched investment now, than lose 100% at retirement when they have no chance for reprieve.

On this note, Chairperson FPAIC urged MURBS to step up its member education programmes on what works or doesn’t work for various investment vehicles they are likely to engage in. “You should be involved in making sure that our people have the required skill, the required mindset and the required understanding of the opportunities available within our economies and beyond.”
Delivering the Vice Chancellor’s remarks, Mr. Kiranda noted “the story of MURBS is simply one of the many good stories that will continue to stream out of Makerere year after year.” He added that “The Chairperson’s presentation of MURBS’ good performance for the year 2022/2023 is very much appreciated by the University Management for it encourages the employees of Makerere University to remain focused on their core mandate, confident that their retirement benefits are secure.”

He lauded the MURBS Board of Trustees for upholding professionalism and integrity, noting that the University Management has not received complaints concerning retirement benefits from any former employee of Makerere University over the last five years. The Vice Chancellor equally acknowledged the tremendous contribution by the Government of Uganda to a thriving sector by paying salaries on time, contributing to retirement benefits and creating an enabling environment for Schemes and their service providers to invest member funds.
On the subject of Midterm access, Mr. Kiranda re-echoed the Chairperson Council’s call to invest more in training members on how best to invest their retirement benefits. “Chairperson (of MURBS Board of Trustees), Management committed to work with you to do further sensitization and that commitment is still open.”

On behalf of the CEO URBRA, Mr. Lubega commended the MURBS Board for always addressing matters raised by the regulator during onsite inspections. He noted that the retirement benefits sector growth over the last ten years has not been by coincidence, but rather due to strengthened supervision. According to the URBRA website, Uganda currently has UGX 20.56trillion worth of assets under management in the retirement benefits sector.
“I am happy to communicate that Makerere University Retirement Benefits Scheme is one of those schemes that have really implemented these regulations of retirement benefits… the controls put in place by this Scheme can actually show you that they are moving in the right direction so thank you so much Board” commended Mr. Lubega.

Delivering the closing remarks at the presentation, Mr. Bamugemereire thanked all members and service providers for attending the event, reminding all present that planning for retirement starts the day one is employed. As a Trustee, he appreciated the lengths that URBRA goes through to ensure that Trustees are well trained and equipped to perform their duties. “I want to inspire you with confidence that the Scheme is in safe hands.”
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General
Makerere University Hosts Landmark East African Universities Debate Championships 2026
Published
1 day agoon
August 6, 2026By
Mak Editor
Makerere University has once again cemented its place as a regional leader in academic excellence after successfully hosting the East African Universities Debate Championships (EAUDC) 2026, welcoming the continent’s brightest young minds for a week of intellectual competition, cultural exchange, and leadership development.
Held from 26th July to 1st August 2026, the championship brought together more than 200 student debaters, adjudicators and delegates from 25 universities across Uganda, Kenya, Tanzania, Rwanda, South Sudan and other invited institutions, transforming the Ivory Tower into East Africa’s premier arena for ideas, innovation and public discourse.

The week-long tournament featured rigorous British Parliamentary debate rounds, public speaking competitions, adjudication workshops and networking sessions designed to sharpen critical thinking, leadership and persuasive communication. Participants debated contemporary issues ranging from governance and economic transformation to technology, public health, climate change and Africa’s future.
Speaking at the opening ceremony, the Deputy Vice Chancellor welcomed delegates to Makerere University, emphasizing the institution’s enduring commitment to nurturing graduates who are not only academically accomplished but also capable of leading meaningful conversations that shape society. The championship reflected Makerere’s vision of producing graduates who are innovative, analytical and prepared to address regional and global challenges.

Beyond competition, EAUDC 2026 became a celebration of East African unity. Delegates experienced Uganda’s rich cultural heritage through social events, campus tours and cultural showcases that fostered friendships beyond national borders. The interactions reinforced the championship’s belief that dialogue remains one of the strongest foundations for regional integration and peaceful cooperation.
The tournament concluded with an electrifying Grand Finale witnessed by students, alumni, university leaders, invited guests and debate enthusiasts. The Chairperson of the Parliamentary Committee on Education and Sports Hon. Eng. Cuthbert Abigaba represented the Speaker of Parliament as the Guest of Honour. In his remarks he congratulated Makerere University on the successful event and encouraged debate among students.

Prof Sarah Ssali the Deputy Vice Chancellor in charge of Academic Affairs at Makerere University pledged continuous support from the administration towards Makerere Debate Union. Teams demonstrated exceptional research, analytical reasoning and eloquence before a distinguished panel of international adjudicators, bringing to a close one of the most competitive editions of the championship.
The successful hosting of EAUDC 2026 marks another milestone in Makerere University‘s growing reputation as a centre of excellence for debating and public speaking. The event builds on the university’s long-standing tradition of producing outstanding debaters while providing students with opportunities to engage with peers from across the region in meaningful intellectual exchange.

As the championship drew to a close, participants departed Kampala with new friendships, stronger networks and renewed inspiration to continue using debate as a tool for leadership, democratic participation and social transformation.

With the East African chapter successfully concluded, attention now turns to the Pan-African Universities Debating Championship (PAUDC) 2026, where Makerere University will once again represent East Africa on the continental stage.

General
Makerere University Newsletter Apr-Jun 2026
Published
1 day agoon
August 6, 2026By
Mak Editor
This April–June 2026 edition of the Makerere University Newsletter captures a decisive push toward becoming a research-led institution. Vice Chancellor Prof. Barnabas Nawangwe’s college engagements emphasized prioritizing graduate training to ensure research addresses Uganda’s and Africa’s development needs.
New Memoranda of Understanding are deepening collaborative research, staff and student exchanges, and the conversion of knowledge into practical solutions. The upgraded Makerere Financial Management System (Mak-FMS), launched this quarter, exemplifies institutional innovation by enabling fully paperless financial processes that boost efficiency, transparency and accountability.
Individual achievement also highlights our global reach. Mr. Kiggundu Muhammed’s win in the University of Groningen’s Erasmus+ African Perspectives Video Contest showcases how Makerere minds contribute distinctive African insights to international discourse. Complementary efforts, such as the sign-language training for undertaking Pharmacy students, demonstrate research-informed practice that advances inclusive service delivery.
The upgraded Makerere Financial Management System (Mak-FMS), launched this quarter, exemplifies institutional innovation by enabling fully paperless financial processes that boost efficiency, transparency and accountability.
Together, these developments confirm that Makerere’s research output is growing in both scale and relevance. As Makerere natures cultivate the next generation of scholars and innovators, we remain committed to producing knowledge that transforms lives, strengthens communities, and positions Uganda as a continental leader in higher education and innovation. As We Build for the Future
Enjoy the issue!
General
Freshers’ Joining Instructions 2026/2027
Published
2 days agoon
August 5, 2026By
Mak Editor
Dear Students; Class of 2026/2027
It is both an honour and a privilege to welcome you to Makerere University, Uganda’s oldest and premier institution of higher learning, and one of Africa’s most respected centres of scholarship, research and innovation. On behalf of the University Senate and the Office of the Academic Registrar, I extend my heartfelt congratulations to each one of you upon your admission to Makerere University for the 2026/2027 Academic Year.
Today marks the beginning of one of the most important chapters of your lives. It is a day that signifies not only your admission to a great university, but also your acceptance into a community of scholars committed to the pursuit of knowledge, the advancement of society, and the service of humanity. You have earned your place here through determination, sacrifice and hard work. Behind every student seated here is a story of perseverance, encouragement from parents and guardians, dedication from teachers, and personal commitment to excellence. To all who have contributed to this achievement, we express our sincere appreciation.
As you join Makerere University, you become part of a remarkable legacy that spans more than a century. For generations, Makerere has stood as a beacon of academic excellence on the African continent. It has nurtured leaders in government, business, academia, science, education, the arts and many other professions. Its graduates have shaped public policy, advanced scientific discovery, built thriving enterprises and transformed communities across Uganda, Africa and the world. Today, you inherit that proud tradition. More importantly, you are called upon to enrich it through your own achievements and contributions.
The world you are entering is changing rapidly. Advances in artificial intelligence, biotechnology, digital innovation and data science are transforming every profession. Nations are grappling with climate change, public health challenges, food insecurity, unemployment, governance concerns and widening inequalities. These realities demand graduates who are not only knowledgeable, but also innovative, adaptable, ethical and committed to finding practical solutions to society’s most pressing challenges. Makerere University is committed to preparing you for that responsibility. Our vision is not simply to produce graduates, but to develop critical thinkers, responsible citizens, innovators and leaders who will make meaningful contributions to national development and global progress.
Dear Fresh Students,
University education is fundamentally different from the education you have previously experienced. At Makerere, learning is not confined to the lecture room. It requires curiosity, discipline and personal responsibility. Your lecturers will guide you, challenge your thinking and provide opportunities for intellectual growth, but the responsibility for learning rests with you. Attend your lectures consistently, participate actively in discussions, read widely beyond the prescribed materials, complete your assignments diligently and prepare adequately for your examinations. Success at university is rarely the result of extraordinary intelligence alone; more often, it is the product of consistent effort, effective time management and unwavering commitment.
As Academic Registrar, allow me to emphasise the importance of understanding and complying with the University’s academic regulations. These regulations exist to ensure fairness, transparency and the integrity of our academic processes. Complete your registration within the stipulated timelines, familiarise yourselves with the Academic Calendar and the Students’ Regulations, and regularly access your academic information through the Academic Management Information System (ACMIS). Always seek guidance whenever you encounter academic or administrative challenges. Our offices are here to support your success.
One value that must remain central throughout your academic journey is integrity. Your degree will derive its true worth not only from the knowledge you acquire, but also from the honesty with which you earn it. Academic dishonesty, including plagiarism, examination malpractice, falsification of documents and any other form of misconduct, undermines the very purpose of higher education. Protect your reputation and uphold the good name of Makerere University by conducting yourselves with honesty, responsibility and professionalism in all that you do.
While academic excellence remains our primary focus, I encourage you to embrace the broader university experience. Makerere University offers countless opportunities to develop your talents beyond the classroom. Participate in research, innovation, entrepreneurship, leadership, sports, cultural activities, volunteer programmes and community engagement initiatives. These experiences will enrich your education, strengthen your confidence and prepare you for leadership in an increasingly interconnected world. Some of the most valuable lessons you will learn at Makerere will come through collaboration, service and engagement with people from different backgrounds and cultures.
You have joined one of the most diverse academic communities in the region. Within this University you will meet colleagues from every region of Uganda and from many countries across Africa and beyond. Embrace this diversity with respect, openness and humility. Learn from one another. Build lasting friendships. Listen to different perspectives and appreciate that diversity is one of our greatest strengths. The networks you establish during your years at Makerere may become lifelong friendships, professional partnerships and opportunities that shape your future.
As you pursue your studies, remember that the University community is built on mutual respect and shared responsibility. Conduct yourselves with dignity both on and off campus. Respect your lecturers, fellow students and members of staff. Use social media responsibly and appreciate that your actions, whether online or offline, contribute to your personal reputation and that of the University. Leadership begins with character, and character is demonstrated through the choices we make every day.
There will undoubtedly be moments when university life becomes challenging. You may encounter difficult coursework, financial constraints, personal struggles or moments of uncertainty. Such experiences are not unusual, nor do they define your future. What matters is how you respond to them. Do not hesitate to seek assistance from your lecturers, academic advisers, counsellors or fellow students. Makerere University is committed to supporting your academic, personal and professional development, but you must also be willing to seek help whenever you need it. Resilience, perseverance and a positive attitude often distinguish those who succeed from those who give up too soon.
Dear Students,
Leadership is not reserved for those who hold positions of authority. Leadership begins with taking responsibility for your own actions, influencing others positively and serving your community with integrity. Throughout your time at Makerere, I encourage you to cultivate the qualities of ethical leadership, critical thinking, innovation and service. Challenge yourselves to become solution providers rather than problem identifiers. Ask yourselves not only how you will build successful careers, but also how your knowledge and skills will improve the lives of others and contribute to the development of Uganda, Africa and the wider world.
Among you are future scientists who will develop life-changing innovations, future entrepreneurs who will create employment opportunities, future judges who will uphold justice, future medical professionals who will save lives, future teachers who will inspire generations and future public servants who will shape national policy. The opportunities before you are immense, but they must be matched by discipline, humility and a commitment to lifelong learning.
As you begin this journey, remember that every lecture attended, every book read, every assignment completed and every meaningful friendship formed contributes to the person you will become. Make each day count. Pursue excellence not for recognition alone, but because excellence is a habit that shapes character and transforms lives.
As I conclude, I leave you with a simple but profound challenge. During your years at Makerere University, do not merely strive to obtain a degree. Strive to become a person of knowledge, integrity, compassion and purpose. Let your education inspire you to think boldly, act ethically and serve selflessly. Let your years at Makerere prepare you not simply for employment, but for leadership; not merely for personal success, but for meaningful impact.
On behalf of the University Senate and the Office of the Academic Registrar, I warmly welcome you to Makerere University. We are proud to receive you at this great institution, and we look forward to witnessing your growth into graduates who will uphold the values, traditions and reputation of Makerere University wherever life may lead you.
I wish you every success in your academic journey.
Welcome to Makerere University, and may God bless you all.
I thank you for your kind attention.
We Build For the Future.
Professor Buyinza Mukadasi (PhD)
Academic Registrar
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