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MURBS celebrates growth in FY2024/25 performance

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Makerere University Retirement Benefit Scheme (MURBS) has presented its performance of Financial Year 2024/2025 to the sponsor, the University Council and other stakeholders on 21st of October in the Telepresence Centre, Senate building. MURBS which is a Mandatory Employer-Based Scheme was established by Makerere University under an irrevocable trust effective 1st April 2009 to provide retirement benefits to employees of Makerere University.

Council applauds MURBS Performance

In her remarks at the presentation, the Chairperson of the University Council, Mrs. Lorna Magara, commended the Scheme’s steady progress and reaffirmed the Council’s commitment to safeguarding staff welfare. She noted that MURBS has grown into a trusted, transparent, and professionally managed scheme that continues to strengthen confidence among staff. Mrs. Magara praised the Board of Trustees for their prudent management and governance, describing their work as not merely financial stewardship but the protection of the hopes and futures of Makerere families. She urged continued focus on member education, digital service delivery, and sustainable fund growth, emphasizing that the ultimate goal is to build a lasting legacy of trust and financial wellbeing for all university employees.

Mrs. Lorna Magara. Makerere University Retirement Benefit Scheme (MURBS) presents performance of Financial Year 2024/2025 to the sponsor, the University Council and other stakeholders, 21st October 2025, Telepresence Centre, Senate building, Kampala Uganda, East Africa.
Mrs. Lorna Magara.

MURBS demonstrates liquidity and resilience amid a volatile economy

Representing the Vice Chancellor, the Deputy Vice Chancellor for Academic Affairs, Prof. Sarah Ssali, commended the Makerere University Retirement Benefits Scheme (MURBS) for its continued growth, accountability, and prudent management. She applauded the Scheme’s record fund value of UGX 475 billion and its unqualified audit opinion from KPMG, describing these milestones as clear evidence of transparency and sound governance. Prof. Ssali reaffirmed Makerere University’s full commitment as the Scheme’s sponsor, noting the progress made in clearing historical arrears and supporting MURBS operations. She praised the Board’s disciplined investment strategy—particularly its diversification into unit trusts and near-cash assets—which has enhanced liquidity and resilience amid a volatile economy. Highlighting MURBS as a model of good governance and accountability, Prof. Ssali emphasized that a reliable retirement scheme not only secures staff futures but also strengthens motivation, productivity, and institutional excellence.

Prof. Sarah Ssali. Makerere University Retirement Benefit Scheme (MURBS) presents performance of Financial Year 2024/2025 to the sponsor, the University Council and other stakeholders, 21st October 2025, Telepresence Centre, Senate building, Kampala Uganda, East Africa.
Prof. Sarah Ssali.

Embrace digital transformation – URBRA urges

From Uganda Retirement Benefits Regulatory Authority (URBRA), the Manager Market Conduct, Mr. Mark Lotukei commended MURBS for its continued commitment to compliance, member education, and sectoral excellence. He highlighted that the Authority has been focusing its trainings on strengthening trustees’ capacity, with recent sessions covering strategic tax planning to help schemes minimize liabilities and safeguard members’ funds. Mr. Lotukei further announced upcoming trainings on benefits administration, stakeholder roles, and the contribution of pension funds to infrastructure and economic development. Emphasizing the evolving nature of the pension landscape, he urged trustees to embrace digital transformation, improve communication with members, and promote sustainable and innovative investment strategies. He concluded by reaffirming URBRA’s commitment to supporting MURBS and other schemes, assuring stakeholders of the Authority’s openness to continued collaboration and guidance.

Mr. Mark Lotukei. Makerere University Retirement Benefit Scheme (MURBS) presents performance of Financial Year 2024/2025 to the sponsor, the University Council and other stakeholders, 21st October 2025, Telepresence Centre, Senate building, Kampala Uganda, East Africa.
Mr. Mark Lotukei.

Fund Value Hits Record UGX 475 billion

In his presentation on the performance, the Chairperson of the Board of Trustees, Dr. Michael Kizito, highlighted the Scheme’s continued growth, prudent financial management, and commitment to transparency. He reported that MURBS’ total assets had risen to UGX 475 billion, up from UGX 409 billion the previous year, reflecting strong investment performance and effective governance. Dr. Kizito commended the University management for timely remittances and reaffirmed the Board’s focus on sound risk management, diversification, and member satisfaction. He acknowledged the dedication of the trustees, staff, and service providers, noting that their collective effort has positioned MURBS for sustainable success. Looking ahead, he emphasized the Scheme’s intention to strengthen alternative investments and optimize operations to deliver even greater value to members and stakeholders.

Dr. Michael Kizito. Makerere University Retirement Benefit Scheme (MURBS) presents performance of Financial Year 2024/2025 to the sponsor, the University Council and other stakeholders, 21st October 2025, Telepresence Centre, Senate building, Kampala Uganda, East Africa.
Dr. Michael Kizito.

The presentation of the performance of the scheme is one of the activities leading to the Annual General Meeting and it is done to management and the Sponsor of MURBS. The presentation, which attracted several key stakeholders including members of the University Council and representatives from Stanbic Bank and Old Mutual, concluded with an engaging question-and-answer session moderated by Dr. Deus Kamunyu Muhwezi. The session provided an opportunity for participants to seek clarity on the Scheme’s performance, governance practices, and investment strategies, fostering transparency and open dialogue between the MURBS leadership and its partners. MURBS is licensed by the Uganda Retirement Benefits Regulatory Authority (License No. RBS.0005).

Eve Nakyanzi

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Mak News Magazine: February 2026

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Cover page of the Mak News Magazine February 2026. Produced by the Public Relations Office, Makerere University, Kampala Uganda, East Africa.

It is with great pleasure that I welcome you to this edition of Mak News Magazine, a publication that continues to chronicle Makerere University’s journey as a centre of academic excellence, innovation, and societal transformation.

The stories featured in this issue vividly demonstrate Makerere’s unwavering commitment to addressing national, regional, and global challenges through research, partnerships, and people-centred solutions. They reflect a university that is deeply engaged with society, one that applies knowledge not only to advance scholarship, but also to improve lives.

A recurring theme in this edition is innovation for resilience and inclusion. From the College of Agricultural and Environmental Sciences’ Healthy Soy Initiative combating child malnutrition amid climate change, to the cutting-edge work of CEDAT’s Team Green Minds integrating IoT into agriculture, Makerere continues to harness science and technology to respond to pressing development needs. Equally inspiring is the College of Natural Sciences’ success in securing international funding to scale up fish processing technologies, with a deliberate focus on empowering women and strengthening livelihoods.

This issue also highlights Makerere’s growing role in advancing health and wellbeing. The launch of the Early Intervention Psychiatry Services Clinic at Makerere University Hospital marks an important step in strengthening mental health services, while the Hospital’s transformation from a modest sickbay into a centre of excellence stands as a testament to decades of strategic investment, dedication, and service to the nation.

Our commitment to education access and global engagement is equally evident. Strategic partnerships, such as that between the College of Education and External Studies and the Uganda Vocational and Technical Assessment Board, are expanding pathways to quality education. The establishment of the first-ever United States Studies Centre in the Great Lakes Region positions Makerere as a hub for dialogue, research, and policy engagement on global affairs. We also celebrate our vibrant international community, with graduates drawn from 67 nationalities—affirming Makerere’s status as a truly global university.

This edition further showcases initiatives that ensure long-term institutional sustainability, including the launch of the CoCIS Endowment Fund, infrastructure developments such as the modern hostel at Buyana Farm, and transformative programmes supported by the Mastercard Foundation that continue to empower young people across the continent.

As you read through these pages, I invite you to reflect on the collective effort of our students, staff, alumni, partners, and supporters whose contributions make these achievements possible. Together, we continue to shape Makerere University as a place where knowledge serves humanity.

I wish you an engaging and inspiring read.

Prof. Barnabas Nawangwe
VICE CHANCELLOR

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Medical graduates urged to uphold Ethical values

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Dr. Maggie Kigozi delivers the Commencement Speech on Day 2 of the 76th Graduation Ceremony. 76th Graduation Ceremony, Day 2, College of Natural Sciences (CoNAS), the College of Veterinary Medicine, Animal Resources and Bio-Security (CoVAB), the College of Health Sciences (CHS) and the School of Public Health (SPH). Commencement Speaker-Dr. Margaret J. Kigozi, Makerere University Endowment Fund Chairperson. 25th February 2026, Freedom Square, Kampala Uganda, East Africa.

The Board Chairperson of the Makerere University Endowment Fund (MakEF), Dr. Margaret Blick Kigozi, has urged graduands in Health and Life Sciences to uphold professional ethics and serve humanity with diligence and compassion.

Her appeal came during the passing out of graduates from the College of Natural Sciences (CoNAS), the College of Veterinary Medicine, Animal Resources and Bio-Security (CoVAB), the College of Health Sciences (CHS) and the School of Public Health (SPH) on Day Two of the 76th Graduation Ceremony of Makerere University.

 “Class of 2026, you are now part of the Makerere legacy. Wherever you go clinics, laboratories, farms, boardrooms, or classrooms, you carry this institution with you. Serve your patients with skill and compassion. Care for animals and communities responsibly. Question boldly and keep learning,” Dr Kigozi, said.

Delivering the commencement address, Dr. Kigozi lauded the graduates for their dedication to careers that directly impact lives and communities. She encouraged them to use their knowledge generously and exercise their power gently.

 “Your education has trained you to ask better questions. Your humanity must guide the answers. Never forget that behind every chart, every case, every animal, every experiment, there is life. And life deserves care, patience, and dignity. Give every person you come in contact with care, patience and dignity,” Dr Kigozi, noted.

As the graduates embark on their professional journeys, Dr. Kigozi emphasized the importance of cultivating basic business acumen and financial literacy to ensure sustainability in their work.

R-L: Vice Chancellor-Prof. Barnabas Nawangwe, Dr. Maggie Kigozi, Vice Chair Council-Rt. Hon. Daniel Kidega and Chair Council-Dr. Lorna Magara in the Academic Procession. 76th Graduation Ceremony, Day 2, College of Natural Sciences (CoNAS), the College of Veterinary Medicine, Animal Resources and Bio-Security (CoVAB), the College of Health Sciences (CHS) and the School of Public Health (SPH). Commencement Speaker-Dr. Margaret J. Kigozi, Makerere University Endowment Fund Chairperson. 25th February 2026, Freedom Square, Kampala Uganda, East Africa.
R-L: Vice Chancellor-Prof. Barnabas Nawangwe, Dr. Maggie Kigozi, Vice Chair Council-Rt. Hon. Daniel Kidega and Chair Council-Dr. Lorna Magara in the Academic Procession.

 “You do not need to become accountants but you must be able to read the essentials: understand simple financial statements, budgets and key metrics so you can judge whether a clinic, lab, or program is sustainable. You are encouraged to start your business. There are numerous investment opportunities in your areas of training. You can provide services to our people and create jobs,” Dr Kigozi, said.

She shared candidly how, when she first stepped into leadership, she realised she did not understand balance sheets or budgets well enough. So, she returned to Makerere for short courses to strengthen herself.

“A well-run Hospital, clinic or lab delivers better outcomes, attracts staff, and secures funding. Business savvy is not only about profit, it’s about sustainability and the freedom to serve ethically and effectively. Carry clinical skill with business sense so your work endures and grows,” Dr. Kigozi, noted.

Quoting renowned writer and producer Shonda Rhimes, creator of Grey’s Anatomy, who once reflected that succeeding in one area of life can sometimes mean falling short in another, Dr. Kigozi encouraged women graduates to intentionally balance professional ambition with family responsibilities.

 “When one area thrives, another is often under strain. When Navio was graduating from school I had to manage the Presidential Investor Round Table on the same day as Executive Director Uganda Investment Authority. I chose my job and delegated his siblings to attend Navios graduation. I learnt from this. I choose family always after that thing you achieve once and keep forever,” Dr Kigozi, said.

In his speech, the Prof Barnabas Nawangwe, the Vice Chancellor, informed the congregation that Makerere’s ranking on all university ranking platforms has remained stable, placing Makerere among the top 10 African universities and within the top 4.5% globally.

“In the Times Higher Education global ranking, Makerere University made a formidable jump from the 1200-1500 bracket to the 800-1000 bracket. This was no mean achievement and I congratulate all members of the Makerere Community on this stellar performance,” Prof Nawangwe, said.

Carol Kasujja
Carol Kasujja Adii

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Graduation marks the next phase of accountability, graduates told

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Left to Right: Prof. Barnabas Nawangwe,Prof. Nicholas Ozor, Rt. Hon. Daniel Kidega, Dr. Lorna Magara, Hon. Dr. Joyce Moriku Kaducu, Ms. Anthea Ampaire and Hon. Dr. Crispus Kiyonga in the academic procession. 76th Graduation Ceremony, Day 1, CAES, CoCIS, CEES and School of Law. Commencement Speaker-Prof. Nicholas Ozor, the Executive Director of the African Technology Policy Studies Network, Nairobi, Kenya. 24th February 202, Freedom Square, Makerere University, Kampala Uganda, East Africa.

“A degree is not a finish line. Graduation is not the end of learning, It is the beginning of accountability,” Prof. Nicholas Ozor, the Executive Director of the African Technology Policy Studies Network Nairobi, Kenya (ATPS), said.

Delivering a keynote address under the theme ‘Knowledge with purpose’, during Makerere University’s 76th graduation ceremony on Tuesday 24th February, Prof Ozor, challenged graduates to see their degrees not as status symbols, but as instruments of responsibility.

In his speech, he painted a candid picture of the world the graduates are stepping into, one marked by climate change, technological disruption, inequality, food insecurity and the rapid spread of misinformation. Yet rather than framing these challenges as obstacles, he described them as opportunities for purposeful leadership.

“Into this world, you step, armed with knowledge, credentials, and potential. Your degrees do not make you better than others. They make you responsible for others,” Prof Ozor, said.

Addressing graduands from College of Agricultural and Environmental Sciences (CAES)
College of Computing and Information Sciences (CoCIS), College of Education and External Studies (CEES) and School of Law (SoL), Prof. Ozor tailored his message to each field of study.

To graduates of the School of Law, he described the legal profession as a moral calling, urging them to use the law to protect the vulnerable and uphold justice with courage.

“Uganda, Africa, and the world do not need lawyers who only know how to argue. They need lawyers who know why they argue. Use the law to protect the weak, not intimidate them. Use your knowledge to defend justice, not delay it. Let integrity define your reputation not merely your résumé,” Prof Ozor, said.

For graduands who might feel that shortcuts will be tempting and silence will feel safer than truth, Prof. Ozor reminded them that justice does not need clever people, but courageous ones.

To the College of Education and External Studies, he underscored the transformative power of teachers, reminding them that classrooms shape nations long before policies do.

“Every nation rises and falls on the quality of its teachers. Never underestimate the power of a classroom. Teach not only for examinations, but for understanding. Teach not only content, but character. Teach learners how to think not what to think. Education is quiet work but its impact echoes across generations,” Prof Ozor, noted.

He called upon graduands from the College of Computing and Information Sciences, to use technology to solve African problems, not merely to imitate foreign solutions.

“Technology is powerful, but it is not neutral. Every line of code carries values. Every system you design affects real lives. Build for inclusion. Build for accessibility. Build for truth. Do not let innovation outrun ethics. The future will not belong to those who know the most technology, but to those who use it wisely,” He noted.

During the ceremony, Prof Ozor announced that the African Technology Policy Studies Network is offering PhD scholarships and postdoctoral fellowships in Artificial Intelligence, inviting deeper collaboration with Makerere.

For graduates of the College of Agricultural and Environmental Sciences, he highlighted their critical role at the intersection of sustainability and survival, calling on them to blend indigenous knowledge with scientific innovation to secure Africa’s food systems and protect its ecosystems.

In closing, he reminded graduands that their integrity will open doors their degrees cannot, their humility will teach them lessons success never will, and their resilience will matter more than their grades.

Five principles to be remembered:

  1. Embrace lifelong learning. The world changes too fast for static knowledge.
  2. Choose purpose over comfort. Impact matters more than income.
  3. Build character before career. Skills get you hired; character sustains you.
  4. Serve something larger than yourself. Give back to your communities and your country.
  5. Believe in Africa, and act. Do not wait for solutions from elsewhere. Be the solution.

Carol Kasujja
Carol Kasujja Adii

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