The Umeme Staff Pension Scheme was supposed to be like any other pension fund—steady, predictable, and focused on making sure members get their money on time. But instead of just…
Behind the gleaming figures of a clean financial audit and commendable regulatory performance, the Uganda Retirement Benefits Regulatory Authority (URBRA) is grappling with internal cracks. URBRA regulates a sensitive sector…
In March 2018, Mr. Martin Nsubuga the Director of Supervision and Compliance at the Uganda Retirement Benefits Regulatory Authority (URBRA) was appointed to serve as the Ag. Chief Executive Officer and subsequently confirmed in June 2019. CEO East Africa Magazine’s Muhereza Kyamutetera sought him out on a number of developments in the retirement benefits sector. It was recently announced by South Africa’s Alexander Forbes Emerging Markets (AFEM) and Kent Holdings, a Ugandan entity that the latter had acquired the 51% held by AFEM in Alexander Forbes Financial Services Uganda Limited. Recently it was also announced that Stanlib, wholly owned by…
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