Uganda’s retirement benefits sector grows from sh15.4 trillion to Sh17 trillion, 11.1% of Gross Domestic Product Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development, Matia Kasaija has lauded the Retirement Benefits Sector as key to Uganda’s economy because of the sector’s ability to mobilise …
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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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COMMENT | MARTIN A NSUBUGA | The International Women’s Day, March 8th, can be traced back to the early 1900s, with women’s movements in different countries leading protests against a wide array of “injustices”. Key among the issues raised back then, were deplorable working conditions for women. Over the years, International …
Read More »Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance is seeking to add another 390 billion Shillings to the supplementary request of 3.426 trillion Shillings currently before the Parliamentary committee. The request puts the supplementary budget at 3.853 trillion Shillings. The first supplementary is to finance a classified budget …
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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 | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Uganda has fastest COVID rate in Africa: Fear rising of another lockdown THE LAST WORD Behind the coup in Mali: The things that democracy (and pseudo democracy) evangelists need to know about freedom …
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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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Kampala, Uganda | THE INDEPENDENT | The Workers MP Sam Lyomoki has said there are plans to sabotage the National Social Security (NSSF) amendment Bill 2019 that seeks to allow for midterm access to members savings. The bill among other things proposes for midterm access for savers of 45 years …
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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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