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H.E Ssekandi launches Prof. Suruma Book on Advancing Ugandan Economy
Published
11 years agoon
![[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
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NEC Hands Over Refurbished Mary Stuart Hall to Mak
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July 25, 2025By
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The National Enterprise Corporation (NEC) has successfully delivered yet another milestone project to Makerere University with the handover of a fully refurbished Mary Stuart Hall. The renovation, which cost UGX 10.5 billion, began on 26th July 2024 and was completed exactly a year later, on 25th July 2025.
Mary Stuart Hall is one of three major projects entrusted to NEC by the university, the others being the renovation of Lumumba Hall and the construction of a perimeter wall. These developments follow a presidential directive to renovate all halls of residence at Makerere University, aimed at enhancing student welfare and improving living conditions on campus.

Speaking at the event, Vice Chancellor Prof. Barnabas Nawangwe commended NEC for their exceptional work. “I must thank NEC for the job well done,” he said, adding that “this facility looks better than some hotels.” He also expressed gratitude to the First Lady and Minister of Education and Sports, Mama Janet Museveni, whom he credited as the driving force behind the renovations. He urged students and stakeholders to take care of the newly renovated facility: “Let us try to maintain the facility the way it has been handed over.” The Vice Chancellor emphasized that the purpose of these renovations is to foster an environment conducive for leadership development.
Prof. Anthony Muwagga Mugagga, Principal of the College of Education and External Studies (CEES), represented the Deputy Vice Chancellor (Finance and Administration). He commended the Vice Chancellor for fulfilling his campaign promise to transform university infrastructure and expressed appreciation to the Government for the financial support. “I can report from what I’ve seen, that there is value for money,” he stated. Prof. Muwagga further encouraged student leaders to promote responsible behaviour that protects and preserves university property for future generations.

Lieutenant General James Mugira, Managing Director of NEC, emphasized the significance of the project, describing the refurbished building as a symbol of “female empowerment and liberation.” He applauded the university leadership for their trust and confidence and reaffirmed NEC’s commitment to quality and timely project delivery. He highlighted the role of proper accommodation in fostering health, safety, academic performance, and social interaction among students. “A healthy mind, in a healthy body,” he said, adding that good housing promotes “safe and hygienic living and physical and mental health.” He also underscored the importance of regular maintenance to preserve the facility and avoid expensive renovations.
Mr. Simon Kizito, Deputy University Secretary equally extended appreciation to the President, the Ministry of Education and Sports, and the Directorate of Estates and Works for their role in the project’s success. He thanked the Permanent Secretary of the Ministry of Finance, Planning and Economic Development for ensuring that the necessary funds were released on times.

Representing the Dean of Students’ Office, Dr. Rodney Rugyema hailed the project as a significant milestone in enhancing student welfare. He revealed that Mary Stuart Hall will accommodate 521 students and includes facilities for persons with disabilities, such as lifts and ramps. He pledged to uphold the standards and purpose of the hall.
Guild President H.E. Ssentamu Churchill James expressed his gratitude to NEC and the university administration, particularly applauding the Vice Chancellor’s for his hands-on approach and consistent involvement in the university’s affairs.
The Hall Chairlady Ms. Anthea Ampaire described the reopening as a landmark moment, calling Mary Stuart Hall “a beacon of hope and a sanctuary for students.” She highlighted the importance of providing spaces that empower women and support their academic journeys.

Dr. Kenneth Ssemwogerere, Head of the Department of Architecture at the College of Engineering, Design, Art and Technology (CEDAT) who led the Project Management Team, noted that the renovation was a collaborative effort involving both students and staff. He commended all involved for their dedication.
Following this successful handover, NEC is set to begin renovation works on the Centre for Continuing Education (CCE) Hall commonly referred to as Complex Hall, as it continues to implement the presidential directive to revamp student accommodation across public universities.
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IDI Launches Africa’s Largest Campus-Based 384KWp Solar System
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The Infectious Diseases Institute (IDI) at Makerere University on July 24, 2024 launched a ground-breaking 384kWp solar-powered electricity grid, Africa’s largest campus-based solar system. Inaugurated by the Vice Chancellor, Prof. Barnabas Nawangwe, the solar grid marks a significant milestone in strengthening sustainable research infrastructure and improving energy access in Uganda, especially in resource-limited settings.
The launch was not only a celebration of green energy but also of medical innovation, as it coincided with the unveiling of drones designed to deliver life-saving drugs to hard-to-reach areas such as Buvuma and Kalangala Islands. This dual initiative underscores IDI’s commitment to combining technological innovation with public health solutions that have tangible impact.

In his remarks, Vice Chancellor Prof. Barnabas Nawangwe expressed deep pride in Makerere University’s academic excellence and innovation culture. “Today, I am very proud to be the Vice-Chancellor of Makerere. We continue to shine because of our centres of excellence, like IDI,” he said. He also emphasized the importance of continued investment in science and technology to combat epidemics, strengthen health systems, and bridge Africa’s persistent energy gap through sustainable options like solar power.
Prof. Samuel Abimerech Luboga, Chair of the Board of Directors at IDI, thanked the university leadership for their consistent support and lauded the solar project’s environmental and social impact. “This project, empowering our campus with renewable energy, demonstrates our commitment to the environmental, social and governance agenda,” he said. Prof. Luboga reaffirmed the Board’s commitment to ensuring that all IDI initiatives deliver real value to communities. “We pledge to continue this oversight and ensure that every investment from solar panels to data labs drives impact and accountability,” he emphasized. He called upon researchers, innovators, and the broader community to rally behind the shared vision of a healthier and more sustainable future.
Ms. Susan Lamunu Shereni, Head of Finance and Administration at IDI, presented an update on the Institute’s sustainability initiatives, revealing that IDI has already installed solar systems in 150 health facilities across Uganda. “Infectious Disease Institute was first founded to address the sustainability concern specifically goal number three of the Sustainable Development Goals which is good health and wellbeing,” she said, “but in the process of doing that we’ve addressed other SDGs.” She noted that the solar system continues to generate power even on cloudy days and projects an annual savings of $85,000—enabling a full return on investment within five years. “We will also reduce carbon footpring by about 25,000 kg,” she added.

The solar project, valued at $380,000, represents a bold step toward achieving energy efficiency and reliability in the delivery of critical healthcare services.
In the same event, IDI also introduced its Medical Drones Project, launched through its Academy—a collaboration between Makerere University and the Ministry of Health established a decade ago. Mr. Patrick, the project coordinator, shared that the drone initiative is targeted at solving transportation challenges in underserved regions such as West Nile and Kalangala. “We have been delivering Antiretroviral drugs (ARV’s) to Kalangala for almost four years now,” he said. He reported impressive outcomes, including a 100% mutation treatment rate in the first 24 months and 95% viral suppression among recipients.
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MUTIC Board Inauguration Marks New Beginning for Innovative Minds
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July 25, 2025
The Vice Chancellor, Prof. Barnabas Nawangwe on Thursday, July 24, 2025 officially presided over the inauguration of the Advisory Board of Makerere University Technology and Innovation Centre (MUTIC). The move aims to enhance, encourage and nurture innovation and research among the young people and the country at large in order to fight poverty and nurture job creators other than job seekers.
The newly-appointed Advisory Board members of MUTIC are; Prof. Winston Tumps Ireeta the Chairperson of the Board representing Makerere University Council, Dr. Cathy IIikor Mbidde, Ag. Manager, MUTIC and Board Secretary, Dr. Dorothy K. Okello-Dean School of Engineering, representing Science-based colleges, Dr. Ivan Engoru from the School of Law representing Humanities-based colleges, Ms. Rhinah Akankunda-91st Guild Minister for Information, Research and Computer Technology representing the Students Guild, Dr. David Gonahasa representing the Ministry for Science, Technology and Innovation, Mr. Japheth Kawanguzi-Team Leader at the Innovation Village representing the Private Sector, and Dr. Peter Kimbowa-Board Member Private Sector Foundation of Uganda (PSFU). Each expressed their appreciation for having been given the opportunity to carry the responsibility and play a role in achieving the University’s goals.
The inauguration event was preceded by a tour of the Makerere University Innovation Pod (Mak UniPod) that highlighted the innovations such as; the new Malaria treatment (Maisha Syrup), new soybean varieties, an Intern Database Management application that tracks internship at the Mak UniPod, a long-range e-bike by Redvers limited, an off-grid irrigation water pump by Matia Ategeka, among other innovations. The board members also toured Mak UniPod’s photo, video and audio studios as well as the Makerere AI and Data Science Research Lab.

Speaking at the inauguration of the MUTIC Advisory Board, the Vice Chancellor, Prof Barnabas Nawangwe highlighted the marginalization of Africa and the need for the continent to rise again, despite political and other hurdles. “Africa is gradually awakening”, he said.
He also discussed Africa’s low involvement in global research, contributing only 3% to the world’s knowledge despite people’s arguments that Africa is the wealthiest continent.
The Vice Chancellor further emphasized the need for Africa to increase its research and educational investment to improve its development. “Nobody is going to industrialize Africa except its young people through those innovations, through beginning small and big enterprises”. Said Prof. Nawangwe.
In addition to winning research grants and establishing centres of excellence, the Vice Chancellor emphasized the need to invest in the innovation hubs at the University as a way of encouraging the young minds to be innovators. “We have been establishing centers for research and emphasizing the need for products, not just coming up with research for the sake but moving this to commercial products”, he stated.
“We have made progress in Makerere’s strategy to be a more research intensive and become a research-led University”, said Prof. Nawangwe. He acknowledged the innovative work that is going on in the University’s innovative hubs such as the Food and Technology and Business Incubation Centre at the College of Agricultural and Environmental Sciences (CAES), Mak UnIPod and the Makerere AI and Data Science Research Lab at the College of Computing and Information Sciences (CoCIS).

However, Prof. Nawangwe regretted that some members of society still demoralize and discourage the innovations of the young people instead of encouraging them to continue being big thinkers and innovators. He attributed this behavior as a mindset problem among the population which he said that if this continued, the nation will never develop. To this, he said that they are going to introduce a mindset course in the University aimed at nurturing innovative and creative minds.
He also explained the role of universities in producing business managers and administrators, as entrepreneurs need to work through Universities in order to access better resources and support. Prof. Nawangwe noted the importance of government funding for innovation, which has steadily increased at Makerere University and the need for Universities to take ownership of these initiatives. He equally appreciated UNDP Uganda for their support towards establishing the Mak UniPod.
The chairperson of the Advisory Board for MUTIC, Prof. Winston Tumps Ireeta expressed his appreciation to the University Council and Management for entrusting him with such big responsibility of carrying forward the center to reach greater heights in achieving their goals.
He explained that MUTIC has come at a defining moment in the University’s journey where the demand for research-informed solutions, innovation and meaningful engagement with society has never been greater.
“This center has been designed not just to inspire ideas but to engineer solutions. It will be an engine of innovation, where curiosity is natured, partnerships are cultivated and discoveries are transformed into impact”, said Prof. Ireeta.
He further said, “Through MUTIC, Makerere University will not only respond to societal needs, we will anticipate them. We will shape the future, not merely react to it”.
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