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 …
Read More »Mak staff exempted from mandatory contributions to NSSF
Kampala, Uganda | THE INDEPENDENT | Makerere University staff have been exempted from the mandatory contribution to the National Social Security Fund-NSSF. The exemption has been given by the finance minister Matia Kasaija, who approved the Makerere University Retirement Benefits Scheme as a supranational scheme to offer retirement benefits to employees …
Read More »Makerere University in dilemma over directive to pay UGX 23b to retired staff
Kampala, Uganda | THE INDEPENDENT | Makerere University is in dilemma of fulfilling court’s directive to pay approximately 23 billion shillings to its staff under the Makerere University Retirement Benefits Scheme (MURBS). Until last year, the University Council, the supreme governing body of the institution was stuck with the heavy debt …
Read More »