On Monday 29th February 2016, Makerere University together with the Association of Chartered Certified Accountants (ACCA) Uganda signed an auxiliary Memorandum of Understanding to provide professional courses and standards to Makerere University students studying Bachelor of Commerce at a subsidized fee.
The auxiliary Memorandum of Understanding (MoU) will equally support the students to enhance their professional development and careers in accounting, business and finance.
In October 2014, ACCA Uganda and Makerere University developed a collaborative relationship when both institutions signed a Memorandum of Understanding to promote sustainable development of the Accountancy profession in Uganda. The parties equally agreed to share best practices in accounting, business and finance required by global standards.
According to the Dean School of Business-Makerere University College of Business and Management Sciences (CoBAMS) Dr. Umar Kakumba, the auxiliary Memorandum of Understanding (MoU) would strengthen the students’ enrollment for ACCA and also support the School of Business and the College at large to offer business and management services in a broader spectrum.
Emphasizing the need for professional standards, Dr. Kakumba encouraged students to utilize the available opportunity and enroll for the ACCA programme.
“This is a stepping stone in fulfilling the demands and trends of a contemporary accountancy world. For the world to recognize you as a fully-fledged Accountant, you have to possess high quality professionalism with certain aspects of ethics, skills accompanied by an international achievement,” he said.
On behalf of ACCA Uganda, Ms. Beatrice Isagayite said that the auxiliary Memorandum of Understanding (MoU) will provide students with an opportunity to access the ACCA Unique Discount Programme.
“Every student who will have registered before the completion of his or her undergraduate/postgraduate studies will be entitled to a heavily subsidized initial registration fee, free subscription for 2016 and they will be exempted from the GBP 309 examination fee for a period of 12 months,” she said.
“At ACCA, we believe that accountants bring value to economies in all stages of development. We aim at developing capacity in the profession and encourage the adoption of consistent global standards. Our value is aligned to the needs of employers in all sectors and we ensure that, through qualifications, we prepare accountants for business,” she added.
She recognized Makerere’s efforts in providing highest quality and international skills to accounting students when she said, “Makerere University is one of the top 50 universities globally contributing the largest number of graduates pursuing ACCA. We are happy to work with you. ACCA is confident that we shall build on the strength that both our institutions are known for the positive deliverance outcome to all our stakeholders,” said Ms. Isagayite.
The Head of Department, Accounting and Finance in the College of Business and Management Sciences, Dr. Godfrey Akileng highlighted some of the benefits realized since October 2014 when Makerere University and ACCA Uganda signed the MoU.
“During the Makerere University 66th Graduation Ceremony held in January 2016, ACCA awarded the best student in Bachelor of Commerce [Accounting Option] Mr. Mugyema Edmond with a grant of £1000. The Association has also rendered generous academic support towards our students. It has awarded the best Accounting and Finance student every year with a profound prize of 1000pounds in terms of scholarship and a chance to study ACCA,” he explained.
The Acting Principal-College of Business and Management Sciences (CoBAMS), Dr. Eria Hisali congratulated the team from School of Business for yet another important milestone.
“I am happy to learn that this relationship is growing and developing tremendously. What we are seeing today is a testimony to what has been taking place over the past two years. Thank you so much and we appreciate your commitment,” he said.
On behalf of students, Mr. Muriisa Isaac said that Makerere University’s efforts to enhance her long term collaboration with ACCA have laid a strong foundation for more students to enroll for ACCA Professional course.
“ACCA is a professional course and a key accountancy requirement which provides students with professional skills. This means that a student who has undergone this training is exposed to more job opportunities,” said Muriisa.
By Nabatte Proscovia and Charles Iga, Mak Public Relations Office
Veteran Professor changed Makerere and Higher Education
When Professor John Ssebuwufu ambled up to receive a certificate of recognition for his ‘exceptional’ contribution to higher education from the Regional Universities Forum for Capacity Building in Agriculture (RUFORUM) at Makerere University (MU), he was thinking of many things, such as rewarding staff, that he could have done differently to impact university education more.
But he did what he could have done, under the circumstances.
He presided over MU (in 1993) when student enrolment was 5,000 and left in 2004 when the population was surging to more than 15,000.
He emphasised the use of information communication technologies in almost all the institutions he had been involved in and sent many academic staff on exchanges to boost research and innovation. Now, more African universities engage in ground-breaking research.
So, he proceeded to accept his recognition and make his acceptance speech, which was mostly about gratitude.
Ssebuwufu, 74, who is currently the chancellor at Kyambogo University and the vice-chancellor of the University of Kisubi, is credited for his exemplary leadership and pragmatic methods that have shaped higher education in Uganda and Africa as a whole.
Japan Africa Dream Scholarship (JADS) Program 2021/2022
The Japan Africa Dream Scholarship (JADS) Program is a capacity building project by the AfDB and Japan which was initiated in 2017 with the aim of providing two-year scholarship awards to highly achieving African graduate students to enable them to undergo post-graduate studies (i.e. a two-year Master’s degree program) in selected priority development areas on the continent and Japan. The overarching goal the AfDB and the Government of Japan seek to attain is to enhance skills and human resources development in Africa in under the Bank’s High 5s agenda (i.e. “Feed Africa”, “Light up Africa”, “Industrialize Africa”, “Integrate Africa” and “Improve the quality of life of the people of Africa”) and key Japanese development assistance initiatives. JADS core areas of study focus include energy, agriculture, health, environmental sustainability, and engineering. The program also seeks to promote inter-university collaboration and university-industry partnerships between Japan and Africa. Upon completion of their studies, the JADS scholars are expected to return to their home countries to apply and disseminate their newly acquired knowledge and skills in the public and private sectors, and contribute to national and continental socio-economic development.
About the JADS program
The JADS Program is open to applicants from AfDB member countries with relevant professional experience and a history of supporting their countries’ development efforts who are applying to a graduate degree program in energy development and related discipline. The program does not provide scholarships to any other graduate degree program.
The scholarship program provides tuition, a monthly living stipend, round-trip airfare, health insurance, and travel allowance.
Upon completion of their studies, the beneficiary scholars are expected to return to their home countries to apply and disseminate their newly acquired knowledge and skills, and contribute to the promotion of sustainable development of their countries.
Who is Eligible to Apply?
The program is open to those who have gained admission to an approved Masters degree course at a Japanese partner university. Candidates should be 35 years old or younger; in good health; with a Bachelor’s degree or its equivalent in the energy area or related area; and have a superior academic record. Upon completion of their study programs, scholars are expected to return to their home country to contribute to its economic and social development.
- Applicant requests for information and application forms and procedures from the chosen JADS partner university. For any inquiries, please contact JADS@AFDB.ORG
- Applicant completes required documents and sends them to the university.
- University evaluates and selects applicants.
- University sends selected candidates to the AfDB.
- AfDB reviews submissions from universities, prepares and approves the final list.
- AfDB contacts selected awardees, and informs the universities.
WHS Regional Meeting Africa 2021: Finance Chairperson’s Update
SOPs: Our plan is to have 200 sets of people in different spacious rooms…Prof. Tonny j. oyana, finance chairperson whs regional meeting africa
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