General
Council Celebrates Prof. Suruma’s Two Terms as Chancellor
It was an evening of warm remarks and celebration as the University Council on Wednesday, 20th December took a moment during its last meeting of 2023 to celebrate the conclusion of Prof. Ezra Suruma’s two terms as Chancellor. Prof. Suruma who was installed as Chancellor on 18th January 2016 was at the expiry of his first term in December 2019 re-appointed by the President of the Republic of Uganda and Visitor of Makerere University, H.E. Yoweri Kaguta Museveni for a second eligible term.
Welcoming Members of Council, Management and other guests to the celebration, the University Secretary and evening’s moderator Mr. Yusuf Kiranda noted that the dinner was only one of the activities the University Council had lined up in honour of Prof. Suruma’s distinguished service.
Delivering the opening remarks, the Vice Chancellor, Prof. Barnabas Nawangwe expressed delight at welcoming Prof. Suruma and his wife Mrs. Specioza Suruma to the evening of celebration. He testified that he had enjoyed a very cordial working relationship with Prof. Suruma, whose advice has always been valuable.
Turning to the day’s host the Chairperson of Council, Prof. Nawangwe observed that Makerere has attained a lot during Mrs. Lorna Magara’s term, especially with regard to changes aimed at fostering the University’s research-intensive and research-led aspirations. “In the Soviet Union we used to say ‘thank you very much our very wise and visionary leader’”.
The Vice Chancellor equally thanked the Government for restoring confidence in the University as exhibited by designated funding for research and innovations (Mak-RIF), timely remuneration and able representation on Council. In the same breath he thanked the University Management as well as the Principals and their Deputies for the hard work that has kept Makerere shining and internationally recognized.
In her remarks prior to inviting Prof. Suruma to address the guests, Mrs. Lorna Magara acknowledged the Vice Chancellor’s appreciation of her leadership, relating it to a proverb often quoted by leadership gurus that says, “If you think you are leading and no one is following you, then you are only taking a walk.”
She too paid allegiance to Prof. Suruma, whom she admitted looking up to as “a strong leader, a leader of integrity, a man who leads by conviction”, and who has challenged all members of Council and Management to lead the same way. His distinguished service, Mrs. Magara added, has inspired both staff and students to lead more impactful and conscientious lives.
Quoting a public speaker who recently used the illustration of a pencil to describe human life, the Chairperson of Council shared that just as the important part of the pencil is the lead that writes, the important part of life is who we are on the inside. Similarly, just as sharpening makes the pencil usable, Mrs. Magara pointed out that it is the difficult experiences that sharpen us and prompt us to lead more impactful lives.
She therefore paid tribute to Prof. Suruma for being an exception leader, “you have fathered us, you have given us wisdom, you have guided us” praised Mrs. Magara, before adding “and we bless you together with your wife and your family that the next season will just take you further up in your purpose in life.”
She concluded by informing guests that the University Council would request Prof. Suruma to deliver a public lecture early in 2024, whereupon he would be presented with various items in appreciation of his distinguished leadership as Chancellor.
Prof. Suruma’s remarks of the evening were equally as warm, expressing great joy and satisfaction with the Makerere University Community for eight years of friendship, cooperation and leadership at Uganda’s greatest educational institution.
“In a very special way, permit me to thank the University Council Chairperson, Mrs. Lorna Magara and the entire Council for eight years of professional cooperation and leadership… Allow me also to say how delighted I am to recognize the excellence and distinction of the Vice Chancellor, Professor Barnabas Nawangwe. Thank you very much for serving humanity with such great love and sacrifice” extolled Prof. Suruma.
Turning to the Graduation Ceremonies, a highlight of his role as Chancellor, Prof. Suruma thanked the Deputy Vice Chancellors, Prof. Umar Kakumba and Prof. Henry Alinaitwe as well as the Academic Registrar and Principals of colleges for ensuring that the events were managed efficiently and effectively throughout his tenure. In the same breath, he acknowledged the special relationship nurtured with the Department of Performing Arts and Film, whose performances he said, “Often brought tears of joy to my eyes”.
Prof. Suruma described his fifty years of relationship with Makerere University where he started out as Lecturer in 1973 as “intermittent”. In 1975 he had to leave for the USA to complete his Ph.D, which he did in 1976, but had to wait until President Amin’s overthrow in 1979 to return. Unfortunately, he had to flee back into exile that same year because he had joined politics and the military was looking for him, only returning in 1985 when it was safer.
In 1987 he once again had to leave Makerere to take up the position of Director of Research at the Bank of Uganda, where he rose to the rank of Deputy Governor in 1990. He went on to serve in various capacities as Chairman and Managing Director of Uganda Commercial Bank (1993-1996), Minister of Finance, Planning and Economic Development (2005-2009), and as Head of the Prime Minister’s Delivery Unit (PDMU) during which term of service he was appointed Chancellor in 2016.
“When my late father, Sulumani Baliranwa prayed to be an intellectual as the Late John Bikangaga, probably the first graduate from Kigezi region, God told him that would not happen. But He promised that ‘one of your sons would teach Uganda’. That divine promise has been fulfilled in my presence here” remarked Prof. Suruma.
He therefore prayed that all present at the dinner would discover God’s purpose for their lives and pursue it diligently, and concluded by thanking the University Leadership for treating him and his wife to the wonderful evening of celebration. Upon Prof. Suruma’s request, the Department of Performing Arts and Film led by the Chair, Dr. Benon Kigozi sung the hymn Amazing Grace and in the Spirit of Christmas followed it up with Joy to the World.
General
MURBS has declared 13.40% interest on members’ balances for the financial year that ended on 30th June 2024.
By: 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
The 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.
Hoima and Kikuube Districts, Uganda – October 20, 2024
A group of third-year students from College of Business and Management Sciences’s Energy and Natural Resources Economics program visited the Kingfisher oil operations and Kabalega Airport in Hoima and Kikuube districts on October 20, 2024. Led by Dr. Peter Babyenda and Dr. John Sseruyange, and with authorization from the Petroleum Authority of Uganda, the visit offered the students an invaluable opportunity to connect classroom learning with field experience.
The primary objective of the field trip was to enhance students’ practical understanding of Uganda’s oil industry by observing the extraction and production processes firsthand. According to Dr. Babyenda, “Blending theory with real-world exposure is essential for these students, as it allows them to apply and expand their knowledge beyond the classroom.”
During the tour, students explored several key areas:
- Practical Exposure – Witnessing the operational procedures of oil extraction offered students a concrete understanding of how theoretical concepts play out in the field, enhancing their grasp of the industry.
- Economic Impact Analysis – Observing the economic role of oil production in Hoima and Kikuube allowed the students to explore its broader impact on local and global markets and its contributions to community development and Uganda’s economic landscape.
- Technical Knowledge – The students gained insights into the technical aspects of oil extraction, learning about the complexities of the operations, the innovations employed, and the challenges faced by the industry.
- Environmental and Social Considerations – Students observed the environmental practices in place and evaluated the social dynamics involved, gaining an understanding of how oil companies balance production with community and environmental sustainability.
- Career Insights – With opportunities to interact with professionals in the oil sector, students received guidance on potential career paths in the industry, helping them make informed decisions about their futures.
- Current Industry Issues – The group also delved into the status of the East African Crude Oil Pipeline (EACOP) project and discussed challenges in oil and natural gas production, examining where Uganda stands in terms of production timelines, obstacles, solutions, and the role they can play as future energy professionals.
Reflecting on the trip, Dr. Sseruyange highlighted the importance of this experience in solidifying students’ understanding of Uganda’s evolving oil industry. “This field experience not only complements what they’ve learned in lectures but also equips them with a real sense of the operational and societal impact of the energy sector,”he noted.
The students expressed their gratitude for the immersive experience, noting how it broadened their perspectives and deepened their knowledge. The field trip served as an essential step in preparing them for careers within Uganda’s energy and natural resources sectors, bringing them closer to the industry’s forefront and the future of sustainable energy in the region.
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