The President of the Republic of Uganda has appointed Prof. Ezra Suruma, Chancellor of Makerere University, subsequent to recommendation by the University Council.
Makerere University is the premier University in Africa; a renowned centre of academic excellence, and a hub for research and innovations. In the Thomas Reuters five year (2010-2014) analysis of Africa’s Top ten, Makerere University was ranked one of the most respected Universities in Africa. The ranking which specifically analyses the university reputation in terms of the ability to recruit high-quality staff and students, establish valuable international partnerships, and connect with greater funding prospects featured Makerere as the only University in East and Central Africa.
In exercise of the powers conferred upon the President by Section 30(1) of the Universities and Other Tertiary Institutions Act, the Instrument of Appointment issued and signed by President reads as follows:
“I, Yoweri Kaguta Museveni do hereby appoint: Prof. Ezra Suruma, Chancellor of Makerere University for a period of four years (4) with effect from the date of assumption of duty. Given under my hand and the Public Seal this 2nd day of December 2015.”
With this Instrument of Appointment, Prof. Suruma a distinguished scholar and statesman becomes the third non-Head of State Chancellor of Makerere University.
Chancellor Suruma takes over from Prof. George Mondo Kagonyera, the Second non-Head of State Chancellor who served for two (2) terms from 23rd October 2007 to 23rd October 2015.
The Chancellor is the Titular Head of the University and presides at all assemblies, confers degrees, other academic titles and distinctions of the University.
Who is Prof. Ezra Suruma?
Chancellor Suruma is a distinguished scholar and statesman with a wealth of experience in the field of finance and banking, spanning more than 25 years. He attained a doctorate degree of economics in 1976 from the University of Connecticut, USA; a Masters of Arts in Economics in 1972 and a Bachelor of Science in Finance in 1969, both from Fordham University, New York, USA.
He is a person of high integrity, excellent public relations and with proven ability to market and internationalize the University. Prof. Suruma is a Senior Presidential Advisor responsible for Finance and Planning. He serves on the Board of the National Planning Authority, participates in numerous national and international economic policy discussions and initiates proposals for policy change. He is the Head of the Prime Minister’s Delivery Unit responsible for the implementation of priority programmes of the Uganda Government.
From 2005 to 2009, Prof. Suruma served as the Minister of Finance. He was internationally recognized for his outstanding service when he won the award of Africa’s Best Minister of the Year 2008.
Prof. Suruma has been at the centre of objective interactions and negotiations with numerous financial institutions such as the IMF, World Bank, African Development Bank, China Development Bank among others. He is also a Founder Member of Ugafode Microfinance Ltd, a bank with 12 branches in Uganda.
In 1972, Prof. Suruma began his academic career as Assistant Professor at Florida A&M University, USA. He joined the Makerere University service in 1973. From 1973 to 1975, Mr. Suruma was a Lecturer in the Department of Economics, Makerere University. He returned to Florida A&M University in 1976 as Associate Professor of Economics. In 1979, Dr. Suruma returned to Makerere University at the rank of Senior Lecturer, a position he held until 1981 when he moved to Coppin State University in the USA as Professor and Head of the Department of Management Science. To date, he continues to pursue academic interests with several recent publications including “Advancing Uganda’s Economy: A Personal Account” and “African Perspectives on Sovereign Debt Restructuring”.
Following a distinguished career in universities in Uganda and the Unites States, Prof. Suruma joined Government service in 1987 as the Director of Research in the Central Bank. He rose to the rank of Deputy Governor of the Bank in 1990 and later served as the Chairman/Managing Director of Uganda Commercial Bank.
Between 1990 and 2009, Prof. Suruma held various positions including Chairman Governing Council of the African Export Import Bank from 2008 to 2009; Vice Chairman of the Steering Committee of the Panel of African Finance Ministers from 2007 to 2009; Chairman Governing Council of the East African Development Bank from 2006 to 2009; Chairman Governing Council of the Preferential Trade Area (PTA) Bank from 2007 to 2008; Secretary of the Commission for Fast Tracking the East African Federation from October 2004 to January 2005; and Director of Economic Affairs for the National Resistance Movement Secretariat.
Prof. Suruma has been a significant player in the stabilization, reconstruction, restructuring and management of the Ugandan economy since 1986. He has always maintained a passion for economic justice and economic emancipation of the Ugandan people.
He went to Washington in 2010 as a Distinguished Visiting Fellow at the Brookings Institution and in 2014, the Brookings Institution Press published his book, Advancing the Ugandan Economy, A personal account. He is also a Distinguished Fellow of the Centre for International Governance Innovation, Canada.
The Installation Ceremony for the Chancellor will be held on 18th January 2016
Makerere University has noted the serious concerns raised publicly through social media video posts regarding the conduct of a member of staff. We recognise that such matters can cause profound distress and that it takes courage to speak about experiences of harm. The University takes all matters relating to the safety, dignity, and welfare of its students, staff, and visitors with the utmost seriousness.
Makerere maintains a zero-tolerance policy toward sexual harassment, gender-based violence, and any form of misconduct that threatens the well-being of members of the University community. Formal reports of sexual harassment are handled through established procedures with the seriousness they deserve.
The University has deliberately put clear policies and procedures in place, including the Safeguarding Policy, the Policy and Regulations Against Sexual Harassment, and staff disciplinary processes. These are designed to ensure that any formal complaints received are investigated thoroughly, fairly, and confidentially, while upholding the principles of natural justice and due process for all parties.
Students, staff, and visitors who have concerns are encouraged to make a formal report through the available channels, including the Gender Mainstreaming Directorate, the Office of the Dean of Students, or MakSafeSpace (the University’s online platform that facilitates anonymous and confidential reporting). Professional support services remain available at the University Counselling and Guidance Centre for those who need them.
Makerere University remains committed to fostering a safe, respectful, and inclusive learning and working environment for all. We will continue to strengthen our systems for prevention, reporting, and accountability.
Dr. James Magara, a futurist and Chairman of Yobel Biashara Initiative stood before an audience at Makerere University on September 30, 2026, and projected a map of the world. It was upside down.
He asked the room if anything was wrong, and as the audience hesitated, he revealed that “in 1569, the Flemish cartographer and geographer whose name was Gerardus Mercator, developed a map now known as the Mercator projection. It represented the curved shape of the Earth on a flat map.” He simplified it saying, the Mercator map accurately shows direction and local shape, but it distorts the size of places, especially those that are located near the poles. He pointed out that the map distorts the size of continents, making Greenland appear as large as Africa, when in reality, Africa is 14 times larger.
Fixing the map was easy and free, it took one vote, Dr Magara said, referencing the recent United Nations resolution that encouraged accurate area projections. Indeed fixing the map was easy but the actual material weight of this continent and its institutions that run within the world economy is why dialogues like this exist. “Until we (Africa) fund our own institutions ourselves, the continental agenda will keep belonging to whoever writes the check.”
This and more were part of Dr. Magara’s opening remarks while delivering a keynote at the YOBEL Biashara Conference 2026 hosted at Makerere University School of Public Health Auditorium.
Ms. Doreen Katangaza shakes hands with Dr. James Magara after his keynote address.
The event, was co-hosted by the CASTLE Think Tank, YOBEL Biashara, and Makerere University under the theme: “Africa’s Agency in an Era of Geopolitical Change: Trade, Investment and Economic Transformation,” brought together a diverse assembly of policymakers, academics, and private sector leaders.
Representing Dr. Adam Mugume the Chief Guest who could not make it due to unavoidable circumstances, Ms. Doreen Katangaza, a researcher and economist at the Bank of Uganda (BoU) delivered his remarks while reflecting on Dr. Magara’s keynote.
She explained “what agency means in economic policy, is not isolation, it’s not withdrawal, but the capacity to choose, to negotiate, and to act.”
She emphasized that relying on external factors or rhetoric is insufficient for long-term transformation. Instead, she suggests that agency is defined by internal strength and the ability to act independently. As she states, “Africa’s agency will not only be secured by rhetoric. It will be built through capabilities. The capability to produce, the capability to finance development, capability to manage shocks and above all, capability to make choices based on our own long-term interests and people’s priorities.”
University Secretary-Mr. Yusuf Kiranda (L) and other attendees interact with Dr. James Magara at the Conference.
Ultimately, Ms. Katangaza aligned with all speakers mobilising for a holistic approach involving government, the private sector, and academia to build these foundations. She noted that the Bank of Uganda is committed to harmonising policies and payment systems to support this, but success depends on whether these ideas translate into tangible outcomes, such as stronger institutions and resilient economies, when stakeholders reconvene in the future.
She concluded by congratulating the YOBEL Biashara Initiative, CASTLE Think Tank, and Makerere University for organizing the forum “a platform for thoughtful discussion about Africa’s economic future.” She thanked all the speakers, all panelists, and participants for their valuable contribution and attention during her communication and entire event.
Cost of Institutional Dependence to the Continent
Dr. Magara’s address was his critique of the continent’s institutional funding. He pointed out that member states currently fund only 24% of the African Union’s own program budget. Charity begins at home, he stated. With 76% out of every dollar the African Union spends coming from partners outside the continent. He argued that this dependency is self-inflicted and fixable.
He advised that if we genuinely want a technology-creating continent, the work has to start in the primary school classroom, not in the university innovation hub. He added, while also highlighting that Africa’s research and development spending sits at 0.4 percent of GDP, far below the world average.
Dr. James Magara.
Dr. Magara also addressed the implementation gap that has affected the continent for decades. He suggested that the failure to execute on well-crafted strategies is not just a capacity problem, but a result of selfish interests within. Some people are benefiting from the way things are, he explained. So, if they change, they will lose the benefit.
As a futurist and leadership strategist, Dr. Magara used his keynote address to also dismantle some of the comfortable narratives often repeated in policy circles. He challenged the audience to reconsider the concept of agency, arguing that choice only becomes agency when backed by the capacity to act. He pushed back against the common narrative that Africa’s youth population is automatically a demographic dividend.
A youth bulge without a falling birth rate, without matching job creation is not a dividend, he warned. It is a dependency burden wearing dividends lobbying.
Dr. Magara said, “if you ask any panel anywhere on this continent why Africa has not industrialised, you will get the same three answers almost every single time. Not enough skills, not enough infrastructure, not enough finance. And all of this is true. All of it is real. None of it should be dismissed.” But none of those three answers explains a much stranger fact sitting right in front of us, “why have we been writing almost identical strategy documents, making almost identical recommendations for 30 years plus.”
Dr. James Magara presents his keynote address.
He urged the room to be honest about the reality of the labor market, noting that every year, between 10 and 12 million Africans enter the labor market, while economies create roughly three million formal jobs. That gap cannot close itself, he stated. And it does not close by wishing it away in a policy document.
Engagement with Dr. Magara’s Keynote
The keynote featured significant engagement, primarily from Professor Pamela Mbabazi, Ms. Allen-Sophia Asiimwe, and Dr. Fred NK Muhumuza, who offered diverse perspectives that somewhat aligned with, and at certain points challenged his arguments.
Professor Pamela Mbabazi, Executive Chairperson of the National Planning Authority (NPA), offered a government perspective on the issues raised. She acknowledged the disconnect between some policy and deep thinking. Siding with Dr. Magara, there is a visible rush into making decisions without having deep thinking and engaging with amazing think tanks like YOBEL, CASTLE, she admitted.
Prof. Pamela Mbabazi.
She called for a more intentional approach to policymaking, urging think tanks to collaborate more closely with government bodies like the NPA. She explained that countries like China did not get to where they are by accident, they were intentional to include their think tanks into policy making and no decisions were made haphazardly.
Professor Mbabazi suggested that as a country and continent we can have our think tanks drive policy if we want to build a five-hundred-billion-dollar economy by 2040.
She concluded her submission joining Dr Magara in questioning whether Africa could credibly speak of strategic agency when the institutions through which agency is exercised remain substantially dependent on financing from elsewhere.
Allen Sophia Asiimwe the Deputy CEO/Chief of Programme at trademark Africa addressed the conference via zoom, and expressed she was happy “when Dr. Magara started off with a question on the size of Africa on the map and in reality, it matters.”
Ms. Allen Sophia Asiimwe contributes virtually.
However, she challenged some of his assertions on financing. She requested to push back on this very strongly saying “If you look at how Africa is made up, a lot of our countries are still very poor,” arguing that the continent’s economic reality as of now requires external support.
With that said, she shifted the focus from external funding to internal inefficiencies, agreeing that Africa is sabotaging its own growth through non-tariff barriers, noting, “we are self-sabotaging. If we opened up for trade, if we allowed goods to cross the borders, we may actually make a big difference,” Ms. Asiimwe discussed.
Dr. Fred Muhumuza a prominent Ugandan development economist, senior lecturer, and policy advisor also engaged with the views on economic planning and indicators.
He agreed that think tanks are an issue, and that they must be embraced for the better. We must think about our problems, talk about them, and see what sense we make to ourselves.
Dr. Fred Muhumuza.
Dr. Muhumuza questioned the premise that the source of financing is the primary issue, suggesting that the quality of the plan being financed is more critical.
Major General Gregory Mugisha Muntuyera, added his voice to Dr Magara’s arguing that beyond map size, Africa’s development is hindered not by a lack of potential, but by a mindset of dependency. Drawing a contrast to the conditioning of elephants in India mastered by small humans.
The General stated, “we have got the knowledge, we have got the qualifications, but we have been conditioned.”
He emphasized that true progress requires discipline for ” without this nothing is going to happen” regardless of how many conferences are held.
The Cost of a Broken System
Ms. Eseza Mulyagonja, a member of the YOBEL Biashara board, as one of the opening speakers, issued a strong reminder of the urgency required in addressing the continent’s challenges.
Ms. Mulyagonja shared a story so dear to her, of a young boy in a village who died after being bitten by a snake because he was not in school, for his fees were unpaid. She used this to illustrate the human cost of broken systems and advised that we do not have to wait for calamity to strike, since this is a story that is so common.
Ms. Eseza Mulyagonja.
She said as a continent, we have got to confront these things saying if we do not bring these stories close to home, we will not be propelled to change the direction for the better.
MAKERERE-CASTLE-YOBEL A PARTNERSHIP FOR AFRICA’S TRANSFORMATION
Representing Professor Sarah Ssali, the First Deputy Vice Chancellor in charge of Academic Affairs, Professor Edward Bbaale the Principal College of Business and Management Sciences, emphasised the institution’s commitment to being an active partner in national and continental transformation acknowledging the global economic order is undergoing profound change, characterised by geopolitical realignment and an accelerating energy transition.
Prof. Edward Bbaale.
“These questions cannot be settled in just one conference. These are conversations that we’re going to have to continue even after here. So once again, I thank our chief guest, our keynote speaker, our discussants, our partners, the organizers, and every one of you who have made this time a meaningful time spent and made meaningful contributions to Africa’s future.
“The important question, therefore, is not simply how Africa will be affected by these changes, but how Africa will shape them”, Professor Bbaale remarked.
Crowning the remarks from the host institution, Makere University Chairperson of Council Dr. Lorna Magara appreciated everyone that was present for this noble conversation.
She said, “I trust that each of us leaves today with at least one idea that we are going to execute for the good of our continent.”
Dr. Lorna Magara shares a light moment with other dignitaries during the Conference.
She proposed that the first item on the agenda of the YOBEL Biashara 2027 conference should be looking at the scorecard of what has been done to see that Africa increasingly moves from being a passive recipient of global economic decisions to becoming an active participant in shaping the rules, institutions, and partnerships that determine its development direction.
Makerere University confirms with deep sadness the death of Kabuye Kelvin Charles, a second-year student pursuing a Bachelor’s degree in Architecture at the College of Engineering, Design, Art and Technology (CEDAT).
On the early morning of 28th September 2026, the body of the deceased was discovered on campus inside the fence that houses the MTN mast opposite the University Library. University security promptly reported the matter to Makerere Police Station. Police officers responded immediately and have handed over the investigation to the Wandegeya Homicide Desk and Scene of Crime Officers.
The cause of death is not known at this time; however, a post-mortem examination has been requested, and investigations remain ongoing. The University is fully cooperating with the Uganda Police Force.
The University Management extends its heartfelt condolences to the family, friends, and classmates of the late Kabuye Kelvin. We share in this profound loss and pain.
Members of the University community who may be affected by this incident are encouraged to seek assistance. Counselling and psychosocial support services are available to all students and staff through the University Counselling and Guidance Centre. Makerere University remains committed to the safety and well-being of its students and staff.
We will provide further updates as official information becomes available from the investigating authorities.