Tag Archives: URBRA

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% …

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 …

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 …

  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 …

  Kampala, Uganda | THE INDEPENDENT |  The Uganda Retirement Benefits Regulatory Authority (URBRA) will on November 27th – 28th host the 4th Annual Africa Pension Supervisors’ Association (APSA) Conference at the Serena Kampala Hotel. APSA is a platform that brings together pension industry regulators and supervisors from across the continent.  …

COMMENT | THE INDEPENDENT | The Uganda Retirement Benefits Regulatory Authority (URBRA) joins all citizens of Uganda to commemorate our 61st Independence Day under the theme: Sustaining a united and progressive Uganda: Harnessing our future as a free nation. Since its establishment upon the enactment of the URBRA Act 2011, …

Kampala, Uganda | THE INDEPENDENT | Financial industry regulators have called for a review of the pension sector regulations to enable retirees to continue benefiting from the retirement benefits fund even after retirement. Currently, on attaining the required qualifications for receiving the benefits, the savers receive all that is due …

Out of the estimated 21,930,000 women in Uganda, 61.7% access internet daily, and 44% percent use their own mobile phones COMMENT | Lydia Mirembe | International Women’s Day is a good time to apply a gender lens to all aspects of life – not only to draw attention to the traditional …

Kampala, Uganda | THE INDEPENDENT | Officials from the Uganda Retirement Benefits Regulatory Authority (URBRA) have told Parliament that it is illegal for the National Social Security Fund (NSSF) to give out loans to different entities. Led by the URBRA Chief Executive Officer Martin Nsubuga, officials from the Authority on …

URBRA’s Nsubuga says “we think that this lump sum payment is not attractive” Kampala, Uganda | THE INDEPENDENT | The pensions sector regulator URBRA insists that the decision to allow savers to withdraw up to 20 percent of their savings to cater for emergency financial distress was wrong and could …