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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His 2021 plan now involves dealing with Mabikke, Bwanika return Kampala, Uganda | FLAVIA NASSAKA |Michael Mabikke is a distinctive figure in the Democratic Party (DP). Chatty and squat and plumb with mid-age, he recently returned to his “mother party”, DP, after a long sojourn. And that, a DP insider …
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Why the elders eye on history shows this could plunge country back into its dark past Kampala, Uganda | FLAVIA NASSAKA | Zachary Olum watched the proceedings of the Sept.21 plenary on his couch in his living room at his quiet spacious home in Naguru, a high-end Kampala suburb. Thanks …
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THIS WEEK: Anti – age limit MPs summoned for interrogation Kampala, Uganda | THE INDEPENDENT |After an NRM legislators’ meeting organized by Kassanda South representative Simeo Nsubuga proposed the tabling of a private members’ bill to amend article 102 (b) of the constitution which puts presidential age limit at 75 …
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Political attacks worry Museveni’s cabinet: Observers say government is to blame over the growing political intolerance Kampala, Uganda | AGATHER ATUHAIRE | Simeo Nsubuga, the Kasanda South Legislator is a short, small man with a gift of speech. This gift most likely earned him the parliamentary seat. But it appears …
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THIS WEEK: Magogo sails through as Kasule’s injunction appeal is dismissed Incumbent Federation of Uganda Football Association (FUFA) President Moses Magogo sailed through unopposed to lead the body for another four years after court on Aug.04 threw out Pro-line Football club chairman Mujib Kasule’s application for a certificate of urgency. …
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