General
H.E Ssekandi launches Prof. Suruma Book on Advancing Ugandan Economy
![[Front-Row]Assoc.Prof. Okello Ogwang welcoming H.E Edward Kiwanuka Ssekandi, Prof. Ezra Suruma and Mr. Edward Gaamuwa](https://news.mak.ac.ug/wp-content/uploads/2019/12/field_image_welcoming-suruma.jpg)
At the climax of the historic book launch held on Tuesday 23rd September 2014, the audience comprising people with different political ideologies, public, business and private sectors, development partners, the academia, students and the media applauded the author-Professor Ezra Sabiti Suruma for presenting to Ugandans and the world at large, a well written and researched political history and economic evolution of Uganda.
This audience that filled the renowned Makerere University Main Hall and Gallery to capacity was nothing short of spectacular. They upheld the author’s point of view that there was a strong correlation between political stability and the rate of economic growth. They agreed with the author that foreign aid would never lead to the development of Uganda; appreciated the author for reiterating the need to involve the communities in the implementation of the rural development strategy; thanked the author for giving direction on a reformed pension and social security sector; and together with the author wished for a well managed oil sector that would lead to job creation and prosperity for all.
In his book, Advancing the Ugandan Economy: A Personal Account published by Brookings Institution Press, Washington, D.C,2014, Professor Ezra Sabiti Suruma, an accomplished academician who served government diligently, highlights that it is because of the transformed political environment that Uganda has experienced stability and growth. He also shares very difficult times in Uganda’s history and the reforms that followed, identifies problems in various sectors and proposes viable solutions given his research background and wealth of experience. Professor Suruma remains optimistic that as the democratic environment evolves, Uganda will become more stable; and emphasizes that good governance is critical in a country’s social and economic transformation.
In his 197-page book, Professor Ezra Sabiti Suruma, a former Senior Lecturer of Economics at Makerere University; former Director of Research in Bank of Uganda; Minister of Finance from 2005 to 2009; and Senior Presidential Adviser on Finance and Planning in Uganda-not only provides an insider’s account of dramatic policy shifts in Uganda leading to stability and growth, but also expresses hope for a better Uganda. This distinguished son of Africa was also a visiting fellow at Brookings with the Africa Growth Initiative from 2010 to 2011.
In the foreword, Henry Krabbendam, a Professor Emeritus, Covenant College Georgia and Founder, Africa Christian Training Institute-Uganda states that the book gives Professor Suruma’s account of the remarkable policy changes that occurred in Uganda from 1986-2012 as well as his vision for the future of his country. He notes that the primary purpose of the book is to demonstrate that African countries can achieve economic stability and sustain rapid growth when they meet at least two interdependent conditions. He however emphasizes that they must establish a stable and secure political framework, rooted in moral integrity, as well as unleash the entrepreneurialism of the populace, facilitated by a free and democratic society.
Focusing on a better Uganda, the hopeful Professor Ezra Sabiti Suruma, a respected economist and academician who served the government diligently decries the growing unemployment levels, but envisions Uganda at full employment. His philosophy of full employment is premised on a well managed oil sector and its correlation with job creation and socio-economic transformation.
“…I continue to believe that the country cannot and should not try to sweep the problem of unemployment under the carpet. With the impending oil wealth, I believe that the country really can afford to pursue full employment. Uganda needs to address the needs of its expanding youth population for adequate housing and decent jobs,” further reads the extract on page 194.
Officiating at the launch of this admirably well-written and researched book, the Vice President of the Republic of Uganda, H.E Edward Kiwanuka Ssekandi congratulated Prof. Ezra Sabiti Suruma upon extending the boundaries of knowledge in economics and politics, and equally commended him for not only awakening Ugandans to social, political and economic issues of our time but also providing solutions these problems.
“I have the pleasure to officially launch Prof. Ezra Sabiti Suruma’s book-Advancing the Ugandan Economy: A Personal Account. I commend it to all Ugandans as a prescription that will save Uganda and take it to greater heights,” said the Vice President of Uganda, H.E Edward Kiwanuka Ssekandi amidst applause from a captivated audience.
At the memorable book launch Pastor Laban Jjumba who was invited to say a prayer thanked the Almighty God for blessing the author with the gift of life and wisdom. He also gave God the glory for His Servant’s book launch as hosted by Makerere University.
In the same spirit, the Vice Chair, Uganda Debt Network, Ms. Christine Nantongo said that the organisation was proud to be associated with the Prof. Suruma’s publication. “We are aware of the compelling content in this publication and its potential to contribute to Uganda and Africa’s social and economic transformation.”
The Acting Vice Chancellor of Makerere University, Associate Professor Ernest Okello Ogwang welcomed the audience to Makerere University and commended them for filling up the Main Hall and the Gallery to capacity as Professor Ezra Sabiti Suruma, a distinguished leader and a former Senior Lecturer of Economics at Makerere University (1973-75 and 1979-81) launched his publication.
“Makerere University is indeed proud that you chose this Hall as the venue for the launch of your book Advancing the Ugandan Economy – A Personal Account for if its walls would speak, it would tell many a tale. We are also proud that the narrative of this book had its origins in Makerere University, during your tenure as Senior Lecturer at Makerere University. We warmly congratulate you and take great pride in your achievement, and commend you for literally bringing it home,” remarked Associate Prof. Okello Ogwang.
Assoc. Prof. Okello Ogwang, Deputy Vice Chancellor (Academic Affairs)represented the Vice Chancellor.
He applauded the author, Professor Ezra Sabiti Suruma (an insider) for taking a bold step to dedicate time and resources to share with Ugandans and the world at large an insider’s account of dramatic policy shifts in Uganda that led to stability. He then encouraged other insiders who were in attendance to share their own accounts with Ugandans and the world at large.
The Ag. Vice Chancellor also thanked the discussants namely Hon. Dr. Mary Mugyenyi, Gen. Salim Saleh Akandwanaho, Mr. Andrew Rugasira, Hon. Nandala Mafabi, and Mr. Edward Gaamuwa for accepting to be part of the intellectual discourse so that the current political and economic reforms in the quest for economic independence seek to build upon the demands in an interrelated, interconnected and global environment.
At 2:30pm, the author- Professor Ezra Sabiti Suruma took to the podium to address eagerly expectant audience comprising several dignitaries, Senior citizens, Ministers, Members of Parliament, intellectuals – both young and old, students and the media.
“The Financial Sector Reform: Negotiating with the Bretton Woods Institutions, I believe is one of the most interesting chapters for students and professors. As the Vice Chancellor said, I am speaking from firsthand experience,” remarked Prof. Suruma in reference to chapter nine of his book.
With nostalgia, Prof. Suruma thanked Makerere University for welcoming him, and allowing him to launch his book, in the very institution where the journey started in 1979 when he was Senior Lecturer in the then Department of Economics. He informed the audience that the organizers had proposed to launch his book in a different location, but by God’s providence, he was equally happy that they were all gathered in the Makerere University Main Hall.
Prof. Ezra Sabiti Suruma
Recalling their boldness and how their decision to form a 3rd force impacted on the transformation of Uganda, Professor Suruma advised the youths and students to remain focused and determined.
“Then we were young people and a laughing stock. People said that they had dominant political parties, and that we as young people could not do anything. One of the main points, I want to put forward is that when we entered politics, we were responding to a difficult environment. Although they considered us hopeless, we had remarkable achievements. I encourage you, young people to know that ideas are powerful,” he said.
The author pointed out that he escaped death narrowly when soldiers came looking for him, but surprisingly a voice responded that he was not in the area, and by God’s grace the soldiers did not bother to check. Professor Suruma will remain eternally grateful to the person who chose to inform the soldiers that he was not in the area, although the person has never revealed his identity to date.
“To the young people, If God determines that you will live, you will live. Do not fear to organize,” he emphasized amidst applause from the audience.
In his hypothesis, it is because of the transformed political environment that Uganda has experienced stability and growth. In the last 27 years, the country has been going forward because there is a remarkable correlation between the type of government and the rate of economic growth. Although the history of economic growth is attributed to macro-economic principles, Professor Suruma argues that more attention should be given to political stability. The transformation in political stability made it possible to pursue major financial reforms in Uganda.
“Looking at the data on page 22, with Uganda’s economic growth rate rising to 3.6%, there is no doubt in my mind that the increase in economic growth is correlated with good governance,” he emphasized.
Being a key figure in the economic and political transformation of Uganda, Professor Suruma is delighted with the reforms that resulted into the liberalization of the foreign exchange sector. He also encountered serious challenges during his tenure at Bank of Uganda including lack of capacity and accountability as well as independence of the Central Bank and the Ministry of Finance. He also shared a scenario where some key government officials wondered why the Bank of Uganda would require a budget! Professor Suruma is equally glad that they took bold decisions that resulted into a reformed banking sector and an independent Bank of Uganda.
He highlighted the struggle for the Uganda Commercial Bank. He referred to it as a bank without money, with the most pressing problem being illiquidity of the bank. Realising that the people would deposit money, but encountered a lot of difficulty in withdrawing, Professor Suruma considered the problem and tried to find out where the money was going.
“I found out that branch managers were lending independently of the centre. Top managers did not know what the branch managers were doing, the latter were practically autonomous. Worse still, the branch managers were lending money but not recovering much of it. That was the ultimate source of the disaster, “he said.
Professor Suruma made an incredible decision, and the bank was liquid within a week, a milestone that his colleagues referred to as the “Suruma Effect.” Listening to his presentation, it was crystal clear that Professor Suruma who had ensured that the Uganda Commercial Bank was profitable as of 1996, did not support the World Bank position of privatizing the bank, but he later realized that he could not win.
The author received around of applause from the audience when he pointed out that the pension and social security reforms are a societal obligation. “I appeal to our citizens to struggle for a time when every Ugandan citizen will afford basic needs and be respected regardless of their economic status,” he said.
In his book, the optimistic Professor Suruma tackles the promising oil sector and its effect on job creation and the social and economic wellbeing of Ugandans. “Chapter 21: Job Creation and Housing Demand in Uganda-An Innovative Synergy is my small contribution to the debate on creating employment,” remarked the author.
The author dedicated the book to his father, Sulumani Barilanwa who made sure that he went to school-even though their village had no school to go to; his mother Esiteri Keiganiza whose unflinching disciplinary rigor set him on the straight path toward good; and to the martyrs and fighters for human freedom and justice everywhere.
To the Vice Chancellor of Makerere University, Professor John Ddumba-Ssentamu who was out of the country on official duty, the author, Professor Ezra Sabiti Suruma presented an autographed complimentary book with a special message.
“ To Prof. and Vice Chancellor, Dr. Ddumba Ssentamu, in remembrance of our time together at Makerere University, 1979 -1981.Thank you for your friendship.”
Discussants:
Hon. Mary Mugyenyi, Patron, Joshua Mugyenyi Foundation said that she could identify with what the author had written especially the history and economics of this country. She however pointed out that although decentralization had taken services to the people, it had shortfalls which should be addressed. She also observed that privatization though good had shortfalls such as the prioritization of foreign firms over local ones. She also noted although SACCOs are good, there is an urgent need to regulate them so as to guarantee the safety of their members’ savings. She emphasized that corruption in Uganda is not caused by poverty and appealed to Makerere University to conduct an informed study on who is corrupt and why they are corrupt.
Gen. Salim Saleh Akandwanaho, Presidential Advisor on Security, and formerly, Minister of State for Microfinance thanked the author for according
him the honour of discussing his rural development strategy and its impact on Uganda, which he; Gen. Salim Saleh has been implementing as a loyal officer. He noted that community information systems and access to finances were crucial in advancing the rural development strategy and also saluted H.E President Yoweri Kaguta Museveni for re-enforcing the military in the rural development strategy. Gen. Salim Saleh appreciated the title of the book, especially its faith in the future. He nevertheless drew applause from the audience when he emphasized that his dealings in the privatization of the Uganda Commercial Bank were only influenced by the desire to “Ugandanise” the bank. He asked that authors to publish more books on the economy, politics, and environment so that Uganda continues to move forward.
Mr. Edward Gaamuwa, Chief Executive Director-ACLAIM Africa Limited.
Mr. Edward Gaamuwa, Chief Executive Director-ACLAIM Africa Limited congratulated Dr. Suruma for his incisive and sometimes blunt book and for being bold to call a spade a spade. He appreciated the author for pointing out that Ministers and people in high places had succumbed to corruption. He however disagreed with the author that corruption was a result of income insecurity but was rather convinced that corruption is a result of greed. The discussant decried the “short termism” in managing pension funds and emphasized the need for a long term approach. He added that social security is not a luxury, but a key factor in sustainable development.
Hon. Nandala Mafabi, formerly Leader of Opposition in Parliament reminded the audience that during his tenure, privatization had indeed put the President and Parliament on a collision course as Dr. Suruma correctly pointed out in his book on page 73. Hon. Nandala recalled that he moved the motion in the House not to Hon. Nandala Mafabi, former Chair, Public Accounts Committee.
Mr. Andrew Rugasira, Chief Executive Officer, Good African Coffee Ltd appealed to the youth and students to read the book and fashion their ideologies around it. He detested the high rate of borrowing and its adverse effects on investment and development. He noted that access to capital was a major problem whereby young people have ideas, but very few have access to capital. He stressed that our hope in economic transformation was within our midst, and further encouraged young people to come up with innovative strategies.
Mr. Andrew Rugasira,Chief Executive Officer, Good African Coffee Ltd
Wrapping up, Professor Suruma thanked the congregation for sparing their valuable time to participate in the book launch. “I have been humbled by your presence and contributions.”
Professor Augustus Nuwagaba, who moderated the discussion, thanked Makerere University for producing Professor Suruma – a wonderful son of Africa. He equally congratulated the Vice Chancellor and staff of Makerere University for producing products that can effect change the world over.
The Uganda Debt Network, which envisions a prosperous Uganda with sustainable, equitable development and high quality of life of the people, sponsored the book launch.
Written by: Ritah Namisango, Makerere University
In a landmark event symbolizing Uganda’s stride towards sustainable transportation, Hon. Dr. Monica Musenero Masanza, Minister of Science, Technology, and Innovation, commissioned the first Electric Fast-Charging Station at Makerere University on Friday 13th March 2026. The ceremony, held at the Senate Building Parking Lot, marks a pivotal moment in the nation’s e-mobility journey, blending academic innovation with industrial application and governmental support.
The station, a DC Fast Charger C6-180 installed in collaboration with Kiira Motors Corporation (KMC), is designed to power electric vehicles efficiently, supporting Uganda’s shift from fossil fuels to renewable energy sources. This setup ensures high-power DC charging ideal for fleet operations.
Hon. Dr. Musenero, in her keynote remarks, highlighted the profound significance of the occasion, tracing its roots back to 2011 when Makerere unveiled the Kiira EV – Uganda’s first electric vehicle prototype. “This infrastructure is the physical manifestation of a journey that began on this very hill nearly two decades ago,” she stated, emphasizing how the university’s initial proof-of-concept challenged skepticism about Africa’s role in automotive technology.
The event, she noted, completes a narrative full circle, with the birthplace of the Kiira EV now hosting the infrastructure to sustain a modern electric fleet. The commissioning aligns seamlessly with Uganda’s National E-Mobility Strategy, which aims to localize 65% of the e-mobility value chain by 2040 and create over 500,000 high-quality green jobs.
Hon. Dr. Musenero underscored the strategy’s focus on reducing dependence on imported fossil fuels while enhancing environmental well-being. “We are transforming Uganda into a net source of e-mobility solutions,” she declared, pointing to the potential for Ugandan intellect to produce vehicle parts and charging systems domestically.
In his remarks at the event, the Vice Chancellor Prof. Barnabas Nawangwe described the launch as a “multi-faceted achievement,” not only advancing the institution’s inclusive agenda but also setting an example for public institutions in adopting e-mobility. In so doing, Makerere University has positioned itself at the forefront of this transition.
On September 26, 2025, President Yoweri Museveni commissioned the Kiira Vehicle Plant in Jinja and handed over three Kiira Motors Corporation (KMC) buses to Makerere University to enhance staff and student mobility. The fleet included two diesel-powered Kayoola Coaches and one electric Kayoola EVS 8.5m bus donated by KMC specifically to aid the movement of differently-abled staff and students. This move demonstrates academia’s capacity to integrate home-grown solutions into daily operations, impacting the economy through practical science.
The commissioning of the fast-charging station is rooted in a long history of collaboration. The Kiira Electric Vehicle Project, hatched in the former Faculty of Technology, has evolved into a national movement for automotive manufacturing. Hon. Dr. Musenero praised this progression: “We have moved beyond proving that an electric vehicle can be built in Uganda. We are now ensuring our electric vehicles are deployed across the continent, solving Africa’s mobility problems.”
Academia’s role remains central, as Hon. Dr. Musenero elaborated. While government provides policy frameworks and the private sector offers capital, universities supply the essential knowledge. The E-Mobility Skilling Programme at Makerere University‘s Innovation Pod (Mak-UniPod) is training the next generation of electric vehicle engineers, who are tackling “moonshot projects” to redefine urban transport. Research into optimizing local resources, such as Uganda’s lithium and cobalt deposits for battery production, is also underway.
A key environmental highlight of this development is Uganda’s renewable energy advantage. With over 95% of the national grid powered by hydroelectric dams, every charge at this station utilizes clean energy. “We are using our own water to power our own vehicles, keeping our wealth within our economy rather than exporting it to purchase foreign oil,” Hon. Dr. Musenero remarked, framing the launch as Uganda plugging into the global renewable shift. She pledged the Science, Technology, and Innovation (STI) Secretariat’s continued collaboration with Makerere University, KMC, and partners to proliferate such stations across Kampala and beyond.
Addressing Makerere students, Hon. Dr. Musenero issued a challenge: “See this charging station as a symbol of your own potential. The engineers who built the first Kiira EV were once sitting exactly where you are. They did not wait for permission to be great.” She urged them to leverage available resources to innovate, building on a legacy that has shifted national conversations.
The event drew distinguished guests, including Members of Management, Eng. Paul Isaac Musasizi, KMC’s CEO and his management team, private sector partners, development agencies, and university faculty.
Looking ahead, this launch propels Uganda towards a “Qualitative Leap” in its economy, as Hon. Dr. Musenero described. By fostering innovation and investing in young minds, the nation aims to lead in technological advancement. The station not only powers vehicles but ignites progress, ensuring Uganda remains at the forefront of Africa’s e-mobility revolution.
As the ceremony which was intermittently “blessed” by drizzles drew to a close, the feeling of hope for a cleaner, self-reliant future – one charged by Ugandan ingenuity, was unmistakable.
General
Makerere University and International Partners Sign MoU for the 9th Kampala Geopolitics Conference
Makerere University, on 10th March, 2026, signed a Memorandum of Understanding with the Embassy of France in Uganda, the Konrad Adenauer Foundation (KAS), and Alliance Française de Kampala to organize the 9th edition of the Kampala Geopolitics Conference (KGC), scheduled to take place on 15–16 April 2026 at Makerere University.
The signing formalizes the continued partnership that has established the Kampala Geopolitics Conference as one of the region’s leading platforms for dialogue on global affairs, bringing together scholars, policymakers, civil society leaders, and students to debate the major geopolitical and socio-economic transformations shaping the world.
The conference, inspired by the Nantes Geopolitics Conference in France, was first launched in Kampala in 2018 and has since grown into a unique intellectual space for cross-continental exchange between Africa and Europe.
A Platform for Ideas, Dialogue, and Youth Engagement
Speaking at the signing ceremony, Makerere University Vice Chancellor, Prof. Barnabas Nawangwe, emphasized the importance of the Kampala Geopolitics Conference as a platform that connects academic discourse with global policy conversations while empowering students to engage with the complex challenges shaping the international system.
The Vice Chancellor noted that hosting the conference reflects Makerere University’s long-standing commitment to fostering intellectual exchange and positioning the institution as a hub for regional and global dialogue.
“Makerere University is proud to host the Kampala Geopolitics Conference because it creates an important platform for debate and exchange on the global issues shaping our world, while giving our students the opportunity to engage directly with leading thinkers and policymakers,” said Prof. Nawangwe.
Prof. Nawangwe further commended the Embassy of France in Uganda, the Konrad Adenauer Foundation, and Alliance Française de Kampala for their continued collaboration with Makerere University in organizing the conference over the years. He expressed confidence that the 2026 edition will once again provide a dynamic platform for dialogue, bringing together scholars, policymakers, and students to examine the geopolitical trends shaping Africa and the wider world.
Speaking at the signing ceremony, H.E. Virginie Leroy, Ambassador of France to Uganda, highlighted the significance of the conference as a platform that encourages dialogue on global issues while empowering young people to participate in shaping the future.
Since its inception, the Kampala Geopolitics Conference has created opportunities for students, researchers, policymakers, and entrepreneurs to engage with some of the most pressing global debates. The Ambassador noted that the curiosity and engagement of Ugandan students have become one of the defining features of the conference.
“This conference has become a unique space where students, researchers, policymakers and civil society exchange ideas on the major transformations shaping our world,” Ambassador Leroy said, adding that the event demonstrates the intellectual vitality of Uganda’s youth and the strength of the partnerships that sustain it.
Strengthening Partnerships for Global Dialogue
The Konrad Adenauer Foundation, a long-standing partner in the initiative, reaffirmed its commitment to supporting platforms that foster meaningful discussions on international affairs and regional dynamics.
Speaking during the ceremony, Anna Reismann, Director of the Konrad Adenauer Foundation in Uganda, emphasized the importance of the conference in connecting local perspectives with global debates.
She noted that Africa has increasingly become a focal point in global geopolitics, attracting engagement from a wide range of international actors through investments, trade, security cooperation, and diplomatic partnerships. While these engagements create new opportunities for economic growth and technological advancement, they also raise important questions about sustainability, governance, and the terms of international cooperation.
According to Reismann, the conference provides an important forum to examine these issues and to encourage dialogue that bridges academic perspectives with practical policy considerations.
The 2026 edition of the Kampala Geopolitics Conference will focus on key global and regional issues shaping international relations and development.
Among the themes to be explored are the future of development cooperation, particularly as global aid dynamics evolve and countries explore more sustainable and balanced partnerships. Another panel will examine youth and public policy in Africa, recognizing the critical role that young people play in shaping governance, innovation, and development across the continent.
With Africa home to the youngest population in the world, discussions will highlight the importance of ensuring that young people are not only beneficiaries of public policies but also active contributors to their design and implementation.
Makerere University at the Centre of Global Conversations
Hosting the conference reflects Makerere University’s continued commitment to fostering intellectual exchange and positioning the institution as a hub for regional and international dialogue.
Through its partnerships with global institutions such as the Embassy of France, the Konrad Adenauer Foundation, and Alliance Française de Kampala, Makerere continues to create platforms that connect academic knowledge with policy discussions and real-world challenges.
The Kampala Geopolitics Conference is expected to once again bring together leading experts, scholars, and practitioners from across Africa and Europe, while providing students with a rare opportunity to engage directly with global debates.
As preparations for the 2026 edition gather momentum, the partners expressed confidence that the conference will continue to inspire critical thinking, encourage dialogue across disciplines and generations, and strengthen cooperation between Africa and its international partners.
Caroline Kainomugisha is the Communications Officer, Advancement Office, Makerere University.
Makerere University has kicked off the three-day Careers Fair 2026, bringing together students, industry leaders, and policymakers to discuss the future of work in the era of Artificial Intelligence (AI).
The first day of the expo, held under the theme “Man or Machine: Exploring AI’s Impact on Careers” and sponsored by the National Social Security Fund (NSSF), explored the impact of AI on industries and careers.
The annual expo offers career guidance, job opportunities, entrepreneurship training, and networking platforms for students. It builds on previous themes focused on employability, innovation, and adapting to rapidly changing work environments.
In her keynote address, Hon. Dr. Monica Musenero Masanza, Minister for Science, Technology and Innovation, stressed the need for Uganda to strategically position itself in the digital economy.
She noted that Africa missed the first and second industrial revolutions and warned that the current digital revolution could also bypass the continent if deliberate efforts are not made to participate in it.
“Africa was just here, minding her own business, hunting her animals, resting. A distant industrial revolution impacted us very negatively,” she said, referencing the slave trade and colonization that followed the first industrial revolution.
The minister emphasized that Uganda must focus on producing digital goods and services rather than merely consuming them.
“We are still down there, but we are facing up. We must give Uganda a clear chance at sustainable and progressive transformation,” she said.
She observed that Uganda’s digital economy is currently skewed toward consumption, resulting in significant financial outflows.
“Our net flow in this digital economy, including AI, is negative. We are losing money, jobs, and opportunities,” she added.
Musenero urged young people to move beyond simply using digital tools and instead focus on creating value.
“Mind or machine, it must give us a positive economic voice. Whichever one gives us that, we should go for it,” she said.
Speaking on behalf of the Vice Chancellor, Professor Moses Musinguzi, the Principal of the College of Engineering, Design, Art and Technology acknowledged the inevitability of Artificial Intelligence in modern society and urged stakeholders to focus on harnessing its potential.
“The general consensus worldwide is that we cannot condemn AI. Instead, we should see how we can make better and more productive use of it,” he said.
Musinguzi highlighted some of the challenges posed by AI in academia, noting that students can easily generate answers within minutes, potentially undermining the learning process.
“A student using AI can generate your answer in less than a minute. And that’s not what we want. We want to impart knowledge and skills to students,” he stressed.
He encouraged institutions to adopt AI responsibly while maintaining the core objective of producing skilled graduates.
“We are now trying to see better methods of using AI while still maintaining the objective of producing students who have the skills and knowledge to advance the world,” Musinguzi said.
He further noted that AI will inevitably affect traditional careers, making adaptation essential.
“If we don’t innovate, there is a threat that we shall be exterminated,” he warned, urging students to embrace innovation and contribute to Africa’s development.
Earlier, Lameck Kavuma from AI Studio Uganda explained the fundamentals of AI, describing it as a system built on pattern recognition and mathematical models that predict the next word or action.
“AI is all about pattern recognition,” he said, noting that the technology still has limitations, particularly when dealing with noise or changes in context.
Kavuma observed that AI has existed since the 1990s in forms such as spam filters and recommender systems. However, recent advances in generative AI now allow machines to process long texts and hold conversations, making it appear as though AI is crossing into traditionally human roles.
He emphasized that AI could level the playing field by increasing productivity and removing traditional barriers to access.
“AI is a leveler. It removes gatekeepers,” Kavuma said.
On his part, Gerald Paul Kasato, Deputy Managing Director of NSSF, stressed the importance of collaboration between humans and machines.
“The future is not about humans competing with machines. It is about humans learning how to work with machines,” he said.
Kasato noted that AI, automation, and digital technologies are rapidly reshaping the workplace and creating new opportunities.
“AI, automation, and digital technologies will transform industries, but they will also create new careers, new businesses, and new opportunities,” he said.
He urged students to equip themselves with the right skills, mindset, and adaptability to thrive in the evolving job market.
“The real challenge is ensuring that young people are equipped with the right skills, mindset, and adaptability to thrive in this new world,” Kasato emphasized.
Kasato revealed that NSSF continues to promote financial literacy among young people, with more than 130,000 students registered and over UGX 235 billion saved.
“The future belongs to those who are curious, adaptable, innovative, and willing to continuously learn,” he said.
Also speaking at the event, Michael Ssegwaya, Executive Director and Chief Financial Officer at ABSA Bank, emphasized the need to adapt to a rapidly changing world driven by AI.
“The world is changing, and the banking sector is also changing. We handle millions of transactions, many of which are processed through AI systems,” he said.
Ssegwaya encouraged students to use AI tools to enhance productivity while maintaining independent thinking.
“I told my daughter, you can use AI, but your answers should not look like they came directly from AI. I need you to think and think differently,” he said.
He also highlighted ABSA’s “Ready to Work” program, which aims to prepare students for the evolving job market.
Ssegwaya urged students to develop skills such as creativity, communication, and empathy, which are less likely to be replaced by machines.
“Critical thinking is going to be important. Creativity may not necessarily be replaced,” he said.
He challenged students to become job creators rather than job seekers.
“I hope you are going to the university to become a job creator and not just a job seeker,” he added.
Similarly, Charlotte Kukunda from ACCA highlighted the need for professionals to adapt to the rapidly evolving technological landscape.
“The pace of change in AI is phenomenal, and it is also scary,” she said.
Kukunda revealed that ACCA is reimagining its qualification structure to include employability modules such as entrepreneurship, digital technology, and innovation.
“We have included optional employability modules so that students can choose what makes sense for their career paths,” she explained.
ACCA’s revised qualification, set to launch in June and September 2027, will emphasize skills such as data analysis, financial investment, and sustainability reporting.
She encouraged students to embrace AI while strengthening human intelligence.
“Accountants are embracing artificial intelligence and exploring its potential while paying attention to the risks,” she said.
Meanwhile, Douglas Opio, Executive Director of the Federation of Uganda Employers, challenged students to consider becoming employers.
“We have an acute shortage of employers,” he said.
Opio emphasized the importance of strong theoretical foundations, describing theory as the basis for practical innovation.
“Theory is like the operating system of practice,” he noted.
He urged students to view skills as a renewable resource that can drive growth and innovation.
“AI must be part of the skill set that you actively look for,” he added.
The NSSF Career Expo, launched in 2010, aims to bridge the gap between education and employment by equipping students and graduates with the skills, knowledge, and networks needed to thrive in the modern workforce.
The event promotes a culture of saving, innovation, and entrepreneurship while bringing job opportunities closer to students.
Key features of the expo include career guidance and counseling, job opportunities, entrepreneurship training, mentorship, and networking platforms. This year’s expo is being held in 15 universities across Uganda, including Makerere University, Kyambogo University, and Uganda Martyrs University, Nkozi.
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