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Tag Archives: Nsubuga

Busiro North MP-Elect accused of identity theft

Kampala, Uganda | THE INDEPENDENT | Edgar Lubadde, a candidate who came last in the Busiro County North parliamentary race has asked the court to declare him the winner of the January 14 election. Lubadde who scored only 199 votes challenged the election of the eventual winner Paul Nsubuga who …

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Two NUP candidates face Monday vote while in jail

Kampala, Uganda | THE INDEPENDENT | Two National Unity Platform (NUP) party candidates contesting to become Division Councilors in Kampala, will not vote in Monday’s local government council elections. They were arrested in Kalangala district in December last year on the campaign trail with former NUP Presidential candidate Robert Kyagulanyi …

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Pension sector assets hit Shs13.2 trillion

Industry regulator says the future is bright amidst current COVID-19 pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s retirement benefits sector recorded a 13.8% increase in assets to Shs13.2trillion for the year ended Dec. 2019, according to the Uganda Retirements Benefits Regulatory Authority’s performance latest report presented on Sept.02 in …

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Pensions sector prepares for entry of Public Service Scheme

   Retirement benefits sector marks improved efficiency, reduced operational costs Kampala, Uganda | THE INDEPENDENT | The retirements benefits sector is set to get a boost of close to 400,000 new members once the proposed Public Service Pension Scheme starts operating. The Uganda Retirement Benefits Regulatory Authority (URBRA) is optimistic the …

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URBRA’s new plan for retirees

The regulator wants members to keep their money longer with pension schemes or get paid in installments Kampala, Uganda | JULIUS BUSINGE | The Uganda Retirements Benefits Regulatory Authority (URBRA) is in advanced stages of preparing a policy proposal for the ministry of finance to consider and convince retirees to …

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Pension sector assets hit Shs 11.6trillion

Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …

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Kenya’s pension firm enters Uganda’s market

Enwealth Financial Services manage assets worth Shs2trillion in Africa Kampala, Uganda | JULIUS BUSINGE | A new pension administrator, Enwealth Financial Services, has entered Uganda’s pension market upon securing an operation license from the regulator, Uganda Retirement Benefits Regulatory Authority (URBRA). The firm that joins nine other pension administrators in …

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