Kampala, Uganda | THE INDEPENDENT | The Uganda Retirement Benefits Regulatory Authority (URBRA) has partnered with Insurance Training College (ITC) to train Trustees, who are key persons in the proper management of the pensions sector. Unveiled on April 16, the Trustee Training and Certification Programme is intended to enhance professionalism of …
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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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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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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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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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Kampala, Uganda | THE INDEPENDENT | Since its establishment in 2011, the Uganda Retirement Benefits Regulatory Authority (URBRA) has overseen the growth of the retirement benefits sector which, as at end of 2019, contributed 10.3% of Uganda’s Gross Domestic Product (GDP). The sector remains vibrant with an average annual growth rate …
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COMMENT | Martin A. Nsubuga | During this lockdown period, my colleagues sent me this interesting message: “the current lockdown might be what retirement will be – no cash, no friends, lots of free time, anxiety and the villagers treating you like a suspect.” While this situation may be unlikely …
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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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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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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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The Independent Uganda: You get the Truth we Pay the Price
