The Independent Uganda: You get the Truth we Pay the Price
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has today inaugurated a new Board of Directors of the Uganda Retirement Benefits Regulatory Authority (URBRA), urging them to adhere to principles of sound governance and to work closely with management to promote …
Read More »Uganda’s pensions sector grows to Sh30.7 trillion
The highest interest was 20.4% declared by I&M Bank Staff Scheme, while the lowest was 3% declared by United Bank for Africa staff provident fund. Kampala, Uganda | THE INDEPENDENT | Uganda’s pensions sector assets have reached an unprecedented UGX 30.7 trillion, up from UGX 25.4 trillion in 2023/24 while the number …
Read More »A Lifelong Safety Net: Why social protection must start at birth, not retirement
NEWS FEATURE | LYDIA MIREMBE | Somewhere in Masaka, an elderly grandmother takes care of 13 grandchildren. A dilapidated house left by her long-deceased husband is the only possession to speak of. She can hardly afford their food, education, or healthcare. To make ends meet, she sends the grandchildren out to …
Read More »SECURING TOMORROW: Inside Uganda’s pension transformation
As Uganda’s pension sector expands in scale, complexity, and strategic importance, the conversation around coverage, innovation, and long-term sustainability has never been more urgent. With assets now exceeding UGX 30 trillion and new schemes emerging to serve both formal and informal workers, the industry is undergoing a quiet but decisive …
Read More »COURT OF APPEAL: Finance Minister should name new URBRA board as ordered by High Court
Court of Appeal confirms that URBRA Board is incompetent, maintains order to reinstate CEO Martin Nsubuga ✳ HIGH COURT RULING (click) ✳ APPEAL COURT RULING (click) Kampala, Uganda | THE INDEPENDENT | The Court of Appeal has dismissed an application by four board members of the Uganda Retirement Benefits Regulatory Authority (URBRA), to halt …
Read More »High Court says the Uganda Retirement Benefits Regulatory Authority Board is incompetent
Kampala, Uganda | THE INDEPENDENT | The High Court has adjudged that the current Board of Directors of the Uganda Retirement Benefits Regulatory Authority (URBRA) chaired by former MP Julius Bigirwa Junjura does not have the technical competence to run the affairs of the agency. The board, mainly comprising …
Read More »Retirement schemes now worth Sh25.40 trillion
Kampala, Uganda | THE INDEPENDENT | Uganda’s retirement benefits sector is now worth sh25.40 Trillion, an 18.6% increment from UGX21.4 trillion in 2023. According to the latest figures by the Uganda Retirement Benefit regulatory Authority (URBRA), the sector’s contribution to the national GDP has grown to 12.2%, up from 10% …
Read More »TRIBUTE: Dr Robert Okello served URBRA and retirement benefits sector with unwavering dedication
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 …
Read More »Retirement saving is key in eradication of old-age poverty
Nearly 50% of orphaned children live with their grandparents COMMENT | LYDIA MIREMBE | Recently I was riding in a taxi, enduring Kampala’s evening traffic jam, as motorists and cyclists crisscrossed between lanes, taking advantage of every available space to pull forward. Suddenly I heard the driver of our taxi shouting …
Read More »Pensions sector grows to Sh22 trillion as more Ugandans save for retirement
Retirement benefits schemes contributed taxes amounting to UGX235 billion to the government in 2023, up from UGX227 billion in 2022. ✳ 10% increase in total pensions assets to sh22 trillion ✳ People saving for retirement, up from 3,015,807 to 3,142,311 ✳ URBRA’s supervisory actions led to recovery of UGX 26 billion …
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