Empower rural informal sector youth with skills, knowledge to save for retirement
Empower rural informal sector youth with skills, knowledge to save for retirement Informal sector youth in Bunyoro sub region have been empowered with skills and knowledge to save for retirement. This was part of a four-months public education outreach, conducted by The Uganda Retirement Benefits Regulatory Authority (URBRA) in conjunction with the Ministry of Public […]
BE YOUR OWN HERO; PLAN FOR YOUR RETIREMENT
BE YOUR OWN HERO; PLAN FOR YOUR RETIREMENT On 9th June, we marked Heroes’ Day in Uganda. Media platforms were awash with messages praising all manner of heroes – freedom fighters, life savers, self-sacrificing workers, selfless leaders, altruistic givers… Hail the heroes! But even as we give the much-deserved acclaim to the stars of […]
Being unhealthy will cost you financially in retirement
Being unhealthy will cost you financially in retirement “People sacrifice their health for wealth but in their old age, they will sell that wealth to regain their health.” That was Dr. Paul Kasenene’s message as he addressed a webinar discussing health in retirement. The webinar was organized by URBRA, as part of its series focusing […]
URBRA Amends regulations to improve efficiency of trustees and service providers
URBRA Amends regulations to improve efficiency of trustees and service providers In response to the changing dynamics in the sector operational environment, the Uganda Retirement Benefits Regulatory Authority (URBRA) in February 2023 issued amended regulations to address key issues like, financial disclosure and valuation of assets among others. During a workshop to disseminate the amended […]
OPINION: Retirement from a Biblical perspective
OPINION: Retirement from a Biblical perspective Retirement is a topic that is often overlooked or ignored by young people. However, it is a crucial phase in one’s life that requires careful planning and consideration. In Uganda, retirement is often associated with financial security and independence, but it also has spiritual implications that should not be […]
There’s more to retirement than just finances
There’s more to retirement than just finances Discussions about retirement planning often focus on financial matters – saving, investing, accessing retirement benefits. The non-financial aspects, are often ignored, yet indeed they are a key part of retirement. To bring these non-financial aspects to the fore,URBRA organized a webinar, which was addressed by renowned author and […]
Retirement Benefits Sector accounts for 12.2% of Uganda’s Gross Domestic Product (GDP)
Retirement Benefits Sector accounts for 12.2% of Uganda’s Gross Domestic Product (GDP) At the start of 2022, the Ugandan economy fully reopened after two years of lockdown owing to the Covid19 pandemic. Citizens were optimistic that business would pick up and the economy would shake off the negative effects of the pandemic. However, conditions didn’t […]
Saving and income generation still a far off dream for youth in Luwero and Bunyoro
Saving and income generation still a far off dream for youth in Luwero and Bunyoro The Ministry of Public Service in conjunction with Uganda Retirement Benefits Regulatory Authority (URBRA) have embarked on a countrywide campaign to rally the youth to embrace income generating activities and start saving for long-term purposes. Over the past three months, […]
Retirement Planning changes at different stages of life
Retirement Planning changes at different stages of life Planning for retirement? There are a few things you need to understand about products available on the market, as Brian Bongomin, Manager Business Development & Operations at Enwealth Financial Services Limited explains. Retirement planning is divided into two main phases – accumulation and de-accumulation. In the accumulation […]
A SAFE AND HEALTHY WORKING ENVIRONMENT HAS IMPLICATIONS FOR RETIREMENT
A SAFE AND HEALTHY WORKING ENVIRONMENT HAS IMPLICATIONS FOR RETIREMENT A story is told of a young factory worker, whose hands were crashed as he operated a machine in the factory. Having lost both hands, he could not carry on with his job, and was forced to take early retirement. His employer sent him home […]