Managing Personal Finance​

Managing Personal Finance While the most obvious effects of Covid-19 have been the number of infections and number of deaths, its economic consequences cannot be understated. The Covid-19 pandemic has disrupted economies around the world and Uganda’s has not been spared. While the most noticeable effects of the disease have been the number of infections […]

THE AMENDED NSSF ACT GIVES MORE THAN JUST MID-TERM ACCESS

THE AMENDED NSSF ACT GIVES MORE THAN JUST MID-TERM ACCESS The enactment of the NSSF (Amendment) Act 2021, came as a New Year Gift, not only for members of NSSF, but for all who had been following the two-year debate. Politicians breathed a sigh of relief. For many, the celebration was centred around the provision […]

Q&A- A day in the life of a Trustee

Q&A- A day in the life of a Trustee “A Trustee has the fiduciary responsibility for all decisions of the scheme and ensures the safety of scheme funds. They Manage and oversee the operation of the Retirement Benefits Schemes in accordance with the URBRA act ,2011.” Pheona Nabasa Wall, a Trustee for Zamara Retirement Fund […]

Retirement planning is a necessity not a luxury

Retirement Planning is a necessity not a luxury Retirement is an inevitable part of life; however, many young people do not plan for it. Once one gets employment and starts earning an income, the focus is on satisfying immediate needs. Unfortunately, the needs keep on growing so one gets engrossed in spending with little regard […]

Prof. Mutebile was a committed advocate of the Retirement Benefits Sector

The Board of Directors, Management and staff of the Uganda Retirement Benefits Regulatory Authority (URBRA), join the rest of the country to mourn the departed Governor of Bank of Uganda, Professor Emmanuel Tumusiime Mutebile. Our deepest sympathies go to his family, the Board, Management and Staff of the Central Bank and the entire banking sector. […]

Save for emergencies, preserve your retirement savings

Save for emergencies, preserve your retirement savings If the Covid19 pandemic has taught us any lesson, it is our inability to predict the future with certainty. But while we may not know what’s lurking around the corner, we can make efforts to prepare a fallback position – at least to withstand the first gushes of […]

URBRA Staff Scoops Accountancy Services Award

URBRA Staff Scoops Accountancy Services Award Cosma Ssenyonga was on Friday 10th December crowned “Young Accountant of the Year 2021”, in recognition of his outstanding contribution to the accountancy profession in Uganda. Senyonga is a Senior Supervision Officer at the Uganda Retirement Benefits Regulatory Authority (URBRA) Senyonga, a Certified Public Accountant (CPA), was nominated by […]

WORLD SAVINGS DAY- SAVE AS SOON AS YOU EARN

October 31st 2021- It is World Savings Day again! A time to reflect on our saving attitudes and practices. This year’s theme “Save as soon as you earn” connotes urgency – save without delay; start today! To start with, you must have a purpose. Why are you saving? What challenge do you want to address or […]

WORLD SAVINGS DAY- SAVE AS SOON AS YOU EARN

October 31st 2021- It is World Savings Day again! A time to reflect on our saving attitudes and practices. This year’s theme “Save as soon as you earn” connotes urgency – save without delay; start today! To start with, you must have a purpose. Why are you saving? What challenge do you want to address […]

RETIREMENT SAVINGS CALCULATOR

Current Age
Retirement Age
Years to Retire
Regular Contribution
No. of Contributions
Annual Contribution
Annual Interest Rate (%)
Amount at Retirement