General
MURBS Fund Value Grows to UGX 409.2 Billion
By: Ritah Namisango
Dr. Elizabeth Patricia Nansubuga, the Board Chairperson of the Makerere University Retirement Benefits Scheme (MURBS), has announced that the MURBS fund value has grown to UGX 409.2 billion as of the 2023/24 financial year.
Dr. Nansubuga made the announcement during the presentation of the MURBS Performance Report for the 2023/24 financial year, which ended on June 30, 2024. The report was presented to members of the University Council and Management at a meeting held on October 22, 2024, at the Makerere University Telepresence Centre, Senate Building.
The meeting, which preceded the Annual General Meeting scheduled for October 24, 2024, was attended by several key figures, including Vice Chancellor Prof. Barnabas Nawangwe, University Secretary Mr. Yusuf Kiranda, Acting Deputy Vice Chancellor for Finance and Administration Prof. Henry Alinaitwe, Acting Deputy Vice Chancellor for Academic Affairs Prof. Buyinza Mukadasi, and a representative of the CEO of the Uganda Retirement Benefits Regulatory Authority (URBRA), Cosmas Ssenyonga, among other dignitaries.
MURBS is the mandatory scheme for Makerere University staff. It was established under irrevocable trusts with effect from 1st April 2009. It was set up by Makerere University for the purpose of providing retirement benefits to employees of Makerere University upon retirement from the University.
In her address, Dr. Nansubuga emphasized that, over the last 14 years, MURBS has grown into the fourth-largest retirement benefits scheme in Uganda by fund value and is regarded as one of the best-managed schemes in the country.
She acknowledged the efforts, hard work, commitment and resilience of the past and current leaders for the continuous growth of the scheme.
“MURBS Trustees have worked through different challenges in the past years to make it a strong scheme. These challenges have also enabled the trustees to develop and establish good relations with different sector players and its principal stakeholders,” she said.
The Financial Year 2023/24 under review marked the beginning of the implementation of the Board’s new Strategic Plan (23/24 – 27/28) which is centered around four strategic pillars – Member satisfaction, Financial Sustainability, Institutional capacity, and Stakeholder satisfaction.
She explained that through this they have been able to grow the fund value of the scheme by 16.1% from last financial year. She explained that although they did not reach their goal of improving the fund value by 17%, they appreciate the stakeholders for the milestone reached.
“By 30th June 2023, MURBS had a fund value of 352.4 billion. The 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 409.2 billion, which is an increase of 16.1%, failing to hit the target by less than 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 stated.
She further shared that MURBS was able to improve the funds’ value after having an impressive financial performance, recording a net investment income of UGX 44.6 billion, far higher than the UGX 34.4 billion was collected in contributions during the financial year.
“The Performance filters down to all members through the interest that has been declared for the Financial Year 2023/2024. The Trustees will declare the interest on members’ balances during the Annual General Meeting on October 24, 2024,” she said.
It is against this background that Dr. Nansubuga revealed that the interest that the Trustees are awarding with respect to the Financial Year that ended 30th June 2024 will be higher than the one awarded last Financial Year. The very figure will be declared at the members’ AGM on Thursday, 24th October 2024.
Dr. Nansubuga further revealed that in order to have members who are grounded in protecting the benefits of the members, the Trustee made a decision to train its staff in Tax, Corporate Governance, Digital Trust and Cybersecurity, Investment opportunities in the Downturn landscape, Data Protection and Privacy Awareness, among others.
“Aware that one of the most common risks to a retirement benefits scheme is having members of the Board of Trustees who are not fully empowered to undertake their responsibility of governing the Scheme, the Trustees set out to strengthen the Board of Trustees’ capacity in various skills during the year,” she said.
“The Scheme recruited staff to focus on project remittances but also maintained all its staff who crossed over from the 2022/2023 FY. The Trustees are glad that the impact of the training undertaken is reflected in the execution of the different officers’ roles,” added Dr. Nansubuga.
“As of July 2023, 1153 members had benefits above 100 million, and by June 2024, 1166 members held benefits above 100 million even after giving out Ushs11 billion in Mid-term Access benefits. In addition, the FY started with only one member having at least half a billion but we closed with four members having at least half a billion and a total of 538 members with benefits over Ushs250 million,” she said.
Dr. Nansubuga also informed the conference that MURBS received its 7th Fire Award in the category of Retirement Benefits Schemes this year in recognition of their continuing excellence. This award reflects MURBS’ performance in comparison to her industry counterparts.
Dr. Nansubuga also used the opportunity to express her gratitude to Makerere University management for their ongoing assistance in ensuring prompt remittance of all contributions.
“At this moment, allow me to appreciate the Sponsor for remitting all the contributions to the FY ended. In the same vein, MURBS appreciates Makerere University Council and the Government of Uganda for paying the final installment of the In-house debt. Going forward, the university is assured of very good publicity concerning its handling of retirement matters at Makerere University,” Dr Nansubuga said.
Speaking at the event, Vice Chancellor Prof. Barnabas Nawangwe who first gave a history of the previous schemes that the University community used previously, underscored the importance of the scheme in giving confidence to the University’s staff.
“This scheme is extremely important to our staff because it is the only scheme which saves money for them, such that when they retire, they have a package. So, this is extremely important to our staff that even when they retire, they will live a normal life,” Prof. Nawangwe explained.
The Vice-Chancellor thanked the MURBS board of trustees for ensuring that the fund’s value grows by 40 plus billion shillings.
“I cannot thank the board of trustees enough, the managers, and administrators, for a job well done. I congratulate you for all those awards you have won, and it is just for Makerere to set the bar for the rest,” he said.
Professor Nawangwe called upon the MURBS Board of Trustees to consider investing in the Makerere Masterplan, which is seeks to develop the university’s territory around the country.
“I encourage MURBS to get interested in the Makerere University investment and development plans so that it is not just developers who have no connection that benefit, but the staff themselves who have worked for the University diligently for a long time, they can benefit from investments on this land,” he suggested.
On his part, Mr. George Bamugemereirwe, one of the board trustees thanked the University Management and Council for empowering MURBS.
“I want to commend the management of Makerere University for taking the initiative to think ahead, plan for people, and to invest for the future because retirement is a must,” he said.
“The danger of retirement is that it can be traumatic, some are lucky to have a full career, but I can tell you that there are very few jobs these days that can tolerate you for life. Contract jobs where you serve for a specific number of years are on the rise,” he added.
Mr. Bamugemereirwe stressed that retirement is very vulnerable for many individuals and therefore Makerere staff’s benefits should been safeguarded like it has been duly done by MURBS.
“Retirement is a very vulnerable time for many people and many actually fall victim to scammers’ loss, You’ll be vulnerable to a scammer who will come trying to advise on how to invest your money. So we thank MURBS that they have put measures to safeguard, and ring-fence workers’ money,” he said.
On his part, Mr. Cosmas Ssenyonga who represented the CEO of Uganda Retirements Benefits Regulatory Authority (URBRA), thanked Makerere University management for always remitting contributions on a timely basis which has allowed the scheme to have that great performance.
“I want to thank the sponsors of this scheme which is the University management because without them I am not certain if the scheme would have had this kind of performance. They do remit contributions on a timely basis and that I can confirm because we receive quarterly returns on contributions,” he said.
Mr. Ssenyonga also praised the board of trustees for their adequacy in achieving their goal as a retirement benefit system, which is to ensure that their University staff enjoy a respectable life after they retire.
“I commend the board of trustees; they have done good for not only the scheme but the entire sector. When study the operations of MURBS, in terms of performance indicators especially, the efficiency indicator, they rank among the first two,” Mr. Ssenyonga added.
Ssenyonga hailed the board of trustees for implementing best practices, which prompted URBRA to examine MURBS as a model scheme when considering how to strengthen governance of such entities.
As the new academic year begins, our dedicated staff and student Safeguarding Champions are stepping up to ensure that all freshers feel welcomed, safe, and supported. These committed individuals are here to guide New University Students through their university journey, offering resources, advice, and a listening ear. Together, we’re creating a vibrant and secure campus community where everyone can thrive!
Safeguarding Measures at Makerere University
“At Makerere University, we prioritise the safety and well-being of our students, staff, and the surrounding community. Our safeguarding measures include a range of policies and practices designed to prevent harm and create a secure environment. We are committed to fostering a supportive atmosphere where everyone feels safe and valued,” remarked Prof. Buyinza Mukadasi, the Deputy Vice Chancellor of Academic Affairs.
Safeguarding is about protecting people’s health, well-being and human rights, enabling them to live free from harm, abuse and neglect. Specific to Makerere University, it is the measures put in place to promote the safety and well-being of all Students, Staff and other stakeholders.
As part of the University Initiative to Improve the Safety and Wellbeing of Students and Staff, 25 Staff and 68 Student Safeguarding Champions attended an intensive refresher training on Safeguarding at Makerere University. They received information materials and planned their engagements during the University Orientation, which took place from 4th to 8th August 2025.
Orientation week is always a lively blend of excitement and nervousness for the new students. Thousands of fresh students arrive from all corners of Uganda and beyond, carrying dreams and sometimes unspoken worries.
During the 2025 Freshers’ Orientation, an Information Tent was set up at the Senate Building to assist new students, parents, and guardians with various types of information and guidance. The well-trained Student Champions, representing the 9 Colleges and 3 Schools at both the main campus and the Jinja Campus, wore white “Safeguarding Champion” T-shirts. They actively helped welcome the new students and familiarise them with the university environment.
A key emphasis was on increasing awareness of Safety and Well-being at Makerere University. In each college, the Student Safeguarding Champions were supported and guided by the Staff Safeguarding Champions. Others moved between groups of freshers, providing peer-to-peer guidance and distributing brochures with simple messages: ‘Your safety matters.’
Speaking during Orientation, Prof. Buyinza Mukadasi, the Ag. Deputy Vice Chancellor, Academic Affairs and University Academic Registrar, emphasised that the University was committed to the Safety and well-being of all University Students and Staff.
“When students know their rights and have the support systems in place, they are better positioned to thrive academically and socially. This is the kind of environment that nurtures both learning and personal growth,” Prof. Buyinza noted.
In her speech, Dr. Winfred Kabumbuli, the Dean of Students, pointed out that the Safeguarding policy included provisions for Students, Staff, and other Stakeholders, as well as the accredited Hostels and their owners.
Talking about the Champions, she mentioned that “These young leaders have taken it upon themselves to be the first line of support for their peers. Their presence is a reminder that at Makerere University, safety, respect, and inclusivity are everyone’s responsibility.”
As the semester begins, the Safeguarding Champions will continue their work by organising peer-support circles, awareness drives, and training sessions in various colleges. The University Management is urging all students and staff to have a personal responsibility of ensuring a safe, respectful and inclusive environment for all.
When discussing with the Champions, she highlighted, “These young leaders have made it their mission to be the first line of support for their peers. Their presence serves as a reminder that at Makerere University, safety, respect, and inclusivity are the responsibility of everyone.”
Addressing the student champions, Prof. Justine Namaalwa Jjumba, a member of the Safeguarding Implementation Team, urged them to lead by example in their behaviour, willingness to support other Students to identify any safeguarding risks, prevent any form of harm or abuse, report in case of any incident and support during case management.
“Let us be champions of inclusive language. We do not refer to them as ‘blind people’; we say ‘visually impaired.’ As champions, you need to be keen on identifying risks and possible causes of safeguarding concerns, report promptly, and support each other,” Prof. Namaalwa said.
The Safeguarding Liaison Officer, Ms. Diane Nabikolo Osiru, who supports monitoring the implementation and review of the Makerere University Safeguarding policy as well as coordinating activities of awareness creation and enhancement among students, staff, and partners, was at the forefront of championing awareness creation during orientation week.
Student Safeguarding Champions speak out
Mary Agnes Atim, a third-year Fine Art student, described orientation week as a valuable experience that provided a well-rounded introduction to university life for her peers.
“I have really enjoyed the orientation. As an advocate, I appreciated the opportunity to talk to fellow students about the safeguarding initiative. I’m confident that by now they know the ‘dark spots’ and will be better protected from fraudsters,” Atim said.
Edinah Kamurasi, a second-year Bachelor of Arts in Economics student, expressed gratitude for the in-depth two-day training, admitting that she had not been fully aware of the University’s safeguarding policy before.
“I am really grateful for the in-depth training we had as champions. Before this, I wasn’t even sure about the safeguarding policy, but now I can confidently explain it to others and interact with students every day, explaining the same thing. I also learnt a lot,” Kamurasi said.
Jenkins Okidi, a third-year Bachelor of Animal Production student, shared that many of the students he interacted with were enthusiastic about the MakSafeSpace, the University’s confidential e-reporting platform.
“Most freshers were excited to learn they have a safe, private way to report any concerns,” Okidi, said.
Sharifah Nalubembe, a second-year Library and Information Science student, noted that during the orientation week, she was able to guide fellow students to the appropriate offices for support.
“It felt very satisfying to help and ensure that no one ended up in the wrong hands,” Nalubembe said.
Fahad Kiyimba, a second-year Software Engineering student, described the training as highly informative in promoting the safety and wellness of students across campus.
“After the training we received as champions, I gained valuable knowledge and skills. It gave me the confidence to engage first-year students about our comprehensive safeguarding policy, and that is exactly what I did during orientation week,” Kiyimba said.
Ms. Carol Kasujja Adii is the Senior Communication Officer in charge of Safeguarding and Crisis communication at Makerere University.
General
Makerere University Strengthens Academic Leadership Through Capacity Building for Heads of Department
In a strategic move to enhance academic leadership and institutional efficiency, Makerere University conducted a comprehensive capacity-building and retooling workshop for all Heads of Department (HoDs) on August 5, 2025. The workshop, held at the Senate Conference Hall, brought together HoDs from various academic units to deepen their understanding of university academic policies, graduate training guidelines, and intellectual property management.
The training was organized under the office of the Deputy Vice Chancellor, Academic Affairs. The session aimed at aligning departmental leadership with the University’s strategic goals, policies, and operational frameworks, particularly in relation to graduate education and research governance.
Opening the workshop, Prof. Buyinza Bukadasi, Deputy Vice Chancellor (Academic Affairs), underscored the importance of strong departmental leadership in driving the University’s vision:
“The Head of Department is not merely an administrator; they are the academic engine of their unit. By equipping our HoDs with up-to-date policy knowledge, research management skills, and leadership tools, we are investing in the core structures that sustain academic excellence and innovation at Makerere.”
Emphasis on Graduate Policy and Structured PhD Training
Dr. Julius Kikooma, Director of the Directorate of Graduate Training (DGT), led an engaging presentation on the Makerere University Graduate Policies, Guidelines, and Procedures. His session unpacked critical updates in the revised 2024 Graduate Handbook, including:
- Removal of provisional admission for PhD by Research.
- A structured PhD framework requiring a minimum of three years and 40 credit units.
- Strengthened supervision standards and doctoral mentorship structures.
- Cohort-based admissions to improve program coherence and tracking.
- Integration of cross-cutting courses such as Scholarly Writing, Advanced Research Methods, and Teaching Assistantship into PhD training.
The new framework, supported by the Research Information Management System (RIMS), enhances monitoring of student progress and ensures timely completion of graduate programs. Dr. Kikooma emphasized the importance of departmental roles in guiding and supporting students, noting that departments serve as the primary disciplinary homes for graduate students and are key in fostering research cultures.
Understanding and Applying Intellectual Property Policies
The session also featured a detailed presentation on the Makerere University Intellectual Property Management Policy (2008, as amended), delivered by Counsel Esther Kabinga, Ag. Manager of the Intellectual Property Management Office (IPMO). Participants were guided through the obligations and rights related to IP created by staff, students, and visitors.
The presentation highlighted:
- Ownership structures for IP generated at the University.
- Procedures for disclosing, protecting, and commercializing IP.
- Roles of departments in supporting creators and liaising with IPMO.
- Revenue-sharing mechanisms and the inclusion of IP outputs in staff promotion criteria.
Counsel Kabinga encouraged HoDs to promote awareness of IP rights and responsibilities within their units, especially given the increasing volume of research outputs and innovations emerging from the University.
Strategic Alignment with the University’s Research Agenda
The workshop is part of broader efforts to implement the Makerere University Research Agenda 2025/26 – 2029/30, which prioritizes talent development, research visibility, and knowledge transfer. According to Dr. Robert Wamala, Director of the Directorate of Research, Innovation and Partnerships (DRIP), strengthening administrative and academic capacity at departmental level is critical for sustaining Makerere’s status as a leading research institution.
The Research Agenda also supports the operationalization of structures like the IP Management Committee and GAMSU (Grants Administration and Support Unit), both of which are instrumental in streamlining research support services.
The training reaffirmed Makerere University‘s commitment to continuous professional development and the strategic empowerment of academic leaders. With a renewed understanding of policies and tools, Heads of Department are now better equipped to foster academic excellence, supervise graduate research, and steward innovation at the departmental level.
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