Kampala, Uganda | THE INDEPNDENT & URN | Makerere University Retirement Benefits Scheme (MURBS) has declared a record interest rate of 13.40% on members’ savings for the financial year 2023/2024. Dr. Elizabeth Patricia Nansubuga, Chairperson of the MURBS Board of Trustees, announced this while releasing the scheme’s performance report during …
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Chairman Board Junjura: Dr Okello mentored us. His best attribute was humility. We thank him for serving humanity with such humbleness. COMMENT | LYDIA MIREMBE | When the Uganda Retirement Benefits Regulatory Authority (URBRA) was established in 2011, by an Act of Parliament, operationalizing it was like an experiment. There was …
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Step one – start right away ANALYSIS | BOMIKAZI ZEKA | Planning for retirement is important because it will help you build the nest egg you’ll need to financially sustain your retirement years. Past studies have shown that those who plan for their retirement are more likely to be better …
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Many retirees, burdened with dependents, find themselves continuing to work, with 63% of beneficiaries still employed Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) Beneficiaries Survey Report for 2023, conducted in collaboration with Enterprise Uganda, exposes a glaring insufficiency in the country’s retirement benefits, with an average …
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Kabale, Uganda | THE INDEPENDENT | Rev. Fr. Gaenato Batanyenda, the Kitanga parish priest in Kabale Diocese, has retired from active priesthood after 50 years of dedicated service. The 80-year-old celebrated a thanksgiving event on Sunday at the parish headquarters in Kashambya sub-county, Rukiga district. In his farewell speech, Batanyenda …
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Kampala, Uganda | THE INDEPENDENT | Airtel Africa plc has announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from July 1, 2024. Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications and Mobile Money Company for nine years before he was …
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Kampala, Uganda | THE INDEPENDENT |A total of 233 officers from the rank of SCP to PC were on Tuesday retired from the Uganda Police Force after clocking 60 years of mandatory retirement at a colourful function held at Police Headquarters Naguru. Addressing the retiring officers, the Deputy Inspector General …
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Kampala, Uganda | THE INDEPENDENT | An expert at the ongoing 4th Annual Conference of the African Pension Supervisors Association (APSA) in Kampala has said urgent steps need to be taken to reverse a trend in which the continent has only 10% pension coverage of its population. Sundeep Raichura, Group Chief …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni who is also the Commander in Chief of the Uganda People’s Defence Forces -UPDF has advised the retiring senior army officers to invest their retirement package wisely. He said that the retirement should not be regarded as becoming redundant. “This is …
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How former IGP’s mistakes are now back to haunt him COVER STORY | IAN KATUSIIME | Back in 2015, there was a shoot-out at the home of former Inspector General of Government (IGG) Justice Faith Mwondha in Iganga district. Thugs had attacked Justice Mwondha’s home and on hearing the news, then …
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