To those who do not expect their children to be their retirement insurance policy.

Livingstone Mukasa, CEO
There are 15 million Ugandans that go to work every single day but when it comes to saving for retirement only 2 million have a retirement savings account. Mazima Retirement Plan set out to provide everyone an opportunity to open and fund an Individual Retirement Account (IRA). Mazima Retirement Plan is the trading name of Mazima Voluntary Individual Retirement Benefits Scheme (MVIRBS). Mazima Retirement Plan is registered as an irrevocable trust (Member Owned organization) in Uganda and licensed by Uganda Retirement Benefits Regulatory Authority (URBRA) under License Number RBS 066 under the URBRA Act of 2011, targeting voluntary long term savingsMazima Retirement Plan is a Uganda’s largest savings platform working in partnership with Housing Finance Bank as the scheme’s custodian and African Alliance Limited as Fund Managers. The Fund is available on Airtel and MTN Mobile Money platforms to easy collection of member savings but standing orders and direct deposits are accepted.
Structure of the Fund Image.Mazima Retirement Plan is properly grounded and capable of handling a big number of savers without occasioning undue risk to member funds. Mazima has state of the art IT infrastructure, Savers can log in any time to see their balances and savings records anytime . The savings attract interest on annual basis depending the prevailing market rates benchmarked against the Central Bank Rate (CBR Mazima Retirement Plan has already mobilized over 1000 Ugandans with Savings of about UGX 1 billion.





Helping people save for long term goals like retirement is beyond making money. We are passionate about improving pension inclusion and social security especially for those working in the informal sector. Register Now to join a community of committed savers that know where the world is going.


We are a not here to make money from you. We only exist to invite you to join to join Mazima Retirement Plan. Once you join you now become part saver part owner and you can participate in determining how the fund is run through Annual General Meetings where you get to choose the trustees that run Mazima Voluntary Individual Retirement Benefits Scheme (MVIRBS). These trustees can only serve for a maximum of 6 years and have to be changed. Your money is kept safe by the custodian (Housing Finance Bank Limited) and Invested by a professional fund manager (African Alliance Limited). The fund is currently administered in house by the Trustees. The following are the Current Serving Trustees of the scheme: 1. Mr. Richard Mubiru, Chairman- Board of Trustees 2. Mr. Livingstone Mukasa, Secretary & Chief Executive Officer. 3. Mr. Brian Robert Jjemba, Finance. 4. Mrs.Harriet Nakalema Nduhura, Administration. 5. Mr. Geoffrey Olwoch Alii, Corporate Affairs.


Mazima Retirement Plan has well documented Investment Policy Statement targeting capital preservation and beating inflation .All funds are invested by a Licensed Fund Manager. The staff of Mazima Retirement Plan does not touch your savings. We employ a state of the art banking system to manage your savings.


Savings are accepted any time and for any amount stating with as little as UGX 2,000. You can make your savings daily, weekly, monthly or seasonally as long as you don’t spend more than 1 year in between. With access to several payment gateways including mobile money we have taken the hustle out savings for those things on your bucket list. After 1 year you are free to access your savings.


Aim to save at least 10 percent of all your income and don't despise small amounts, the earlier you start saving in life,the more your money will work for you to afford you a comfortable retirement.


(a) If you are a member for one full year,you will not pay any charges if you choose to withdraw from the scheme and all your money will be paid to you.(b) your savings will grow as they are invested carefully to ensure the best possible return while remaining secure.(c) You can use your retirement savings to secure a mortgage, save for a house or school fees for your children to mention but a few.


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Call Us
+256 392 001 780,Down load the Mazima App from Google Play.Or Register by Whatsapp +256700519563
Plot 1256 Prof. Nsibambi Road, Namirembe, Kampala