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.
Dr. Elizabeth Patricia Nansubuga(Centre) responding to questions from members.
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.
Consultant Mr. Vincent Kaheeru and CEO of Profiles International
“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.
Part of the MURBS members who physically attended the Annual General Meeting
“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.
Mr. Mark Lotukei, represented the CEO of Uganda Retirement Benefits Regulatory Authority
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.
Dr. Godwin Kakuba (L) and Asad Ssenoga
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.
Members of the MURBS Secretariat led by Ms Susan Khaitsa(Centre)
“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.
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:
Prof. Buyinza Mukadasi makes his remarks.
“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.
A section of HoDs listens to the DVCAA make his address.
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.
Dr. Robert Wamala makes his presentation.
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.
The Office of Academic Registrar, Makerere University has released the admission lists for candidates for those whose appeals have been successful for the 2025/26 Academic Year.
Kindly follow the links below to access the lists respectively:-
Makerere University, in collaboration with the United Nations Development Programme (UNDP) Uganda, has launched two transformative facilities, a Daycare and Breastfeeding Centre at the Institute of Gender and Development Studies (IGDS), and a state-of-the-art Multimedia Studio at the Frank Kalimuzo Central Teaching Facility. These facilities mark a major milestone in the University’s commitment to gender equality, student and staff welfare, and digital innovation in higher education.
A Milestone for Gender Equality: Daycare and Breastfeeding Centre
Mr. Ian King, the Ag. Resident Representative, UNDP Uganda, speaking at launch of the Daycare and Breastfeeding Centre emphasized the importance of the Gender Equality Seal (GES) initiative, funded by the European Union (EU). He applauded the Institute for being the first in Africa to participate in the GES.
Mr. King highlighted the role of the facility to mothers and some fathers in ensuring children’s safety and peace of mind for parents. He further commended the Institute for demonstrating what can be achieved through the programme. He stressed the importance of setting high standards for child care centres and making spaces safe for young parents. The Daycare centre is intended to provide a safe and nurturing environment for children and relief for mothers and fathers to focus on their work and studies.
A view of the general play and lounge area of the Daycare Centre.
Prof. Barnabas Nawangwe, the Vice Chancellor, noted that the centre will be crucial in supporting breastfeeding mothers—particularly students and staff—to continue their academic and professional pursuits. Recalling a time when women were barely represented in the University Senate, he acknowledged the significant strides Makerere has made, while also noting ongoing gaps in graduate gender equity.
“The majority of graduates are women, but there are still issues of equity at the graduate level. I think there are still issues that we must solve, and one of them is helping mothers who are students and members of staff to continue with what they do, even when they have got babies to look after because that’s one of the reasons, I think, why many students drop out just because they become mothers,” he added.
Prof. Barnabas Nawangwe holds a baby as he makes his remarks at the Daycare facility.
He acknowledged that the facility will come in handy for addressing challenges, including balancing motherhood with academic or professional responsibilities. He extended appreciation to UNDP for their long-standing partnership in transforming Makerere into a more inclusive and modern academic institution.
The Head of the Institute of Gender and Development Studies (IGDS), Prof. Sarah Ssali, in her remarks, thanked the Vice Chancellor who catered for the Daycare Centre while designing the building. Prof. Ssali highlighted that the Daycare describes Makerere University‘s history and its commitment to gender equality and inclusion. She highlighted that the University has over 20 gender policies and interventions—with some directly impacting gender equality and others improving the work ecosystem—for example, digitization, quality assurance programmes and scholarship programmes. “But this is the first that directly addresses the needs of both students and staff—mothers and fathers alike—through a shared space for child care,” she said.
Prof. Sarah Ssali (Right) welcomes officials to the Institute of Gender and Development Studies.
Ms. Donna Keirungi, a mother and alumna of the University, shared her personal journey on how challenging it is to balance both studying and childcare. She highlighted that the Daycare Centre aims to make the various policies on gender equality and women’s empowerment practical, and to support the University’s commitment to Gender Equality. The Centre aims to fulfil the University’s Strategic Plan 2020–2030’s emphasis on creating an enabling environment and work-life balance.
“The journey to establish the centre began in 2022 with support from the UNDP, including benchmarking at a well-established Daycare Centre in Parliament. The centre is open to children aged zero to five years, including those of students and staff members,” she highlighted.
Ms. Donna Keirungi leads officials on a tour of the Daycare Centre.
The Daycare Centre is unique in that it benefits all members of the University community, including single fathers and students.
H.E. Ssentamu Churchill James, the 91st Guild President, thanked UNDP and the organising committee for their efforts in making the facility a reality, describing it as a testament to the University’s commitment to gender equity, student welfare, and removing barriers for parenting students. He highlighted the importance of peace of mind for students, especially mothers, and how the facility will help them balance their roles.
Advancing Digital Transformation: New Multimedia Studio Launched
In a separate but equally impactful launch at the Frank Kalimuzo Central Teaching Facility, Mr. Ian King described the studio as a strategic milestone in the University’s vision to modernise higher education and foster flexible learning. Mr. King noted that Uganda has made significant progress in digital inclusion with over 13 million internet users. He emphasized that the facility aims to address gaps in digital skills access—with only 3% of the population currently benefiting—and promote digital inclusion in line with the pillars of the Digital Economy Scorecard.
Mr. Ian King makes his remarks prior to launching the Multimedia Studio.
He also expressed confidence that the next Digital Economy Scorecard will show improved figures due to the efforts of Makerere and other universities. The digital studio will provide a dedicated space equipped with modern infrastructure to facilitate equitable access to digital skills development. He encouraged full utilization of the studio to maximise its impact on teaching, learning and skills development. He further thanked the Makerere University Management and development partners for their financial contributions that enabled the studio’s realization.
Prof. Barnabas Nawangwe expressed gratitude to the UNDP for their long-time support, especially with facilities like the Makerere University Innovation Pod (Mak UniPod). He thanked the UNDP for contributing to the modernisation of the University. The Vice Chancellor pledged to use the facility to build capacity across all disciplines and provide knowledge to a wider audience online.
Left to Right: Prof. Sarah Ssali, Prof. Paul Birevu Muyinda, Prof. Barnabas Nawangwe, Mr. Ian King, H.E. Ssentamu Churchill James and Ms. Annet Mpabalungi Wakabi in the Multimedia Studio.
He noted that Africa’s enrolment in higher education is the lowest in the world despite having the fastest-growing population, emphasizing the importance of providing high-quality education to as many people as possible, both on-campus and online. “I’m happy that this facility looks even more diverse than ones I have seen,” he said, expressing his gratitude to UNDP. The Vice Chancellor also highlighted the impact of the UNDP’s support towards unleashing talent and fostering innovation among students. “So by bringing the UniPod, you helped us unlock so much talent, and these students can now come up with the innovations which can be commercialised and create jobs for our fast-growing populations,” said Prof. Nawangwe.
Prof. Paul Birevu Muyinda, the Director, Makerere University Institute of Open Distance and e-Learning (IODel), said that the studio brings a significant leap in content production for e-learning. He expressed gratitude to UNDP for providing the necessary equipment to compete with world-class universities. He highlighted that e-learning courses are now incorporating multimedia elements like video and sound, moving on from the text-based model.
Officials pose for a group photo shortly after the launch of the Multimedia Studio.
He further mentioned the preference of the younger generation for visual and interactive content, making multimedia content essential for effective teaching and learning. Prof. Muyinda explained how the new multimedia studio will allow for more authentic and context-specific e-learning content, enhancing student engagement. He emphasized that the University is focusing on four key areas: training staff on studio usage, AI literacy, online facilitation, and teaching learners how to use e-learning technology. He underscored the importance of continuous innovation and adaptation in e-learning to keep up with global standards.
Dr. Godfrey Mayende revealed that all science units can also be taught in this Multimedia Studio. He said that the studio provides the naturalness of a class setting as it gives space for students to physically sit in the studio room as the lecturer is teaching or recording a lecture.
Dr. Godfrey Mayende observes as Mr. Ian King tests the Multimedia Studio’s provisions that support teaching of subjects that necessitate writing of formulae and other hand-drawn illustrations.
The two facilities; Daycare Centre and Multimedia Studio, are the latest in a series of initiatives borne out of the strong partnership between Makerere University and the United Nations Development Programme, including the previously launched Mak UniPod and Gender Equality Seal for Public Institutions. The abovementioned developments offer clear demonstration that Makerere University and the United Nations Development Programme (UNDP) have a strong partnership focused on fostering innovation and development in Uganda and beyond.