Connect with us

General

MURBS Declares 34% Fund Value Growth at 7th AGM

Published

on

Financial forecasts at the 6th Makerere University Retirement Benefits Scheme (MURBS) Annual General Meeting (AGM) held in October 2016 were noncommittal especially in the wake of the February 2016 presidential election in Uganda and the then upcoming Kenyan General Election in August 2017. Trustees in their remarks then braced attendees for the worst performance, especially since the East African equity markets, which hold a substantial amount of the Scheme’s investments, are dominated by foreign players. These closely monitor the regional political climate and are known to withdraw their investments whenever any political event that will likely affect the markets looms. The situation was not helped by failing commercial banks in the region and conflict in South Sudan.

Fortunately, whereas the markets behaved as predicted, MURBS’ fund value grew by 34% from UGX 78.2billion as at 30th June 2016 to UGX 104.5billion as at 30th June 2017, thanks largely to retiree contributions and recovery of UGX 10billion as partial settlement of outstanding retirement benefits both from Makerere University.  Addressing Members at the 7th AGM, held on Thursday 26th October 2017, the Chairperson-elect, Board of Trustees Mr. Wilber Grace Naigambi also noted that the Scheme made net returns on investments worth UGX 12.5billion compared to UGX 3.5billion the previous year. “This performance was driven mainly by a positive performance in fixed income owing to high interest rates prevailing on government securities” explained the Chairperson. Government securities in the form of treasury bonds and bills account for approximately 72% of the Scheme’s total investments.

L-R: Dr. John Kitayimbwa, Mr. Wilber Naigambi, Mr. David Ssenoga, Mr. John Peter Okello and Mrs. Dorothy Kabanda at the 7th MURBS AGM

The Scheme’s membership also grew from 3,301 members the previous financial year to 3,763 members. The Chairperson in his remarks introduced the MURBS Departmental Ambassadors Programme, aimed at enhancing the Scheme’s governance by directly involving members who are trained and exposed to the operations of MURBS. “These volunteers will assist with clarifying informal queries from members at departmental level and they will form a team from which potential trustees can be identified and mentored” said Mr. Naigambi.

MURBS emerged winner of the Retirement Benefits Schemes category of the Financial Reporting (FiRe) Award 2016. At the 7th AGM, the Chairperson Mr. Naigambi presented the FiRe Award 2016 to members present. MURBS remains the top institution in this category thanks largely to the work by the Audit Committee headed by Mr. David Ssenoga. Mr. Ssenoga informed the AGM that a new format of the Auditor’s report has since been adopted and the Scheme reasonably complied with new financial reporting guidelines as issued by the Uganda Retirement Benefits Regulatory Authority (URBRA). He further noted that the Scheme duly complies with all Income Tax Requirements and reassured the AGM that MURBS maintains a meticulous track record of all owed to it by the sponsor Makerere University.

L-R: Former MURBS Chairperson-Hajati Fatumah Nakatudde, with retired Trustees Prof. Julius Zake and Mr. Bruce Twesigye at the 7th AGM

The 7th MURBS AGM held in the main hall was a well-attended affair with representation from both University Leadership and staff associations. The days emcee, Mr. Louis Kakinda often used the breaks in between sessions to introduce key members of the University leadership and staff associations. In attendance were; Mr. Bruce Kabaasa-The Chairperson Appointments Board, who represented Eng. Dr. Charles Wana-Etyem, the Chairperson University Council, Ag. Director of Human Resources-Mrs. Dorothy Senoga Zake, Deputy Dean of Students-Mr. Stephen Kateega, members of Council and staff.

Earlier, the Secretary to the Board of Trustees-Dr. John Kitayimbwa had introduced the new Trustees as appointed on 1st April 2017. These are; The Chairperson-Mr. Wilber Grace Naigambi, Mr. John Peter Okello and Mrs. Dorothy Nannozi Kabanda. In addition to Dr. Kitayimbwa who was reappointed as Secretary to the Board, Mr. William Ndoleriire also returned as one of five Trustees of the Board. Mr. David Ssenoga and Dr. Saul Hannington Nsubuga by virtue of their being Chairperson and Member of the Audit Committee respectively are in addition co-opted Members of the Board.

Prof. James Kigongo a retiree on contract makes his contribution during the 7th MURBS AGM

In his address to the AGM and in response to some of the questions raised by members especially regarding the safety of their investments in seemingly unpredictable equity markets, Dr. Kitayimbwa reassured the gathering that the Scheme’s fund managers; Sanlam Investments East Africa and GenAfrica Asset Managers, are some of the best in the region and keenly follow market trends to return the best value on investment.

“All investments made by the fund managers on behalf of MURBS are informed by an actuary’s inventory” said Dr. Kitayimbwa. “Our investments are also guided by an investment horizon; which in our case, based on the average age of our membership, is 15years. We have to ensure that whereas we seeking the best investments to grow the fund value, we maintain a certain level of liquidity to pay members who are eligible to leave the scheme” he further explained.

L-R: Principal Pensions Officer-Ms. Susan Khaitsa, Mr. Joseph Njuguna-Octagon, Mr. Wilson Kayindi-KPMG and other service providers listen to proceedings during the interactive session

Responding to members who also felt that it was unfair to struggle with constantly rising interest rates on loans taken from commercial banks and yet they could borrow against their benefits portfolio, Dr. Kitayimbwa shared that MURBS is regulated by URBRA which has strict conditions under which a member may access their benefits, the key being upon retirement. He however reassured the AGM that URBRA is fronting the Retirement Benefits Sector Liberalisation Bill, which will hopefully provide for more flexible ways of accessing benefits to support mortgages, foot treatment costs and other needs. He further restored confidence in the members that there benefits are protected by law and in the unforeseeable event that the Scheme’s bankers were to go under, the regulator would first and foremost ensure that retirement benefits are secured before any other depositors are considered for compensation.

To reiterate Dr. Kitayimbwa’s point, Prof. Jean Barya-MURBS’ Senior Legal Counsel advised Scheme members to take keen interest and actively participate in the debates around the Retirement Benefits Sector Liberalisation Bill and the National Health Insurance Scheme bill. “Education and Health are two of the largest expenditures that we incur in life. You therefore need to be interested in these bills because we shall all benefit if they are passed in a proper manner.”

A cross-section of MURBS service providers; Octagon, Sanlam, GenAfrica, Stanbic and KPMG, at the 7th AGM

In closing the 7th AGM, the Chairperson Mr. Naigambi thanked all members for sparing time to attend the event in large numbers and urged them to further study the report they had received as well as all information on the MURBS website. “I encourage you to embrace the idea of additional voluntary contributions (AVC) in addition to the 5% by Makerere to further boost your benefits at the time of retirement” he concluded.

Article by Public Relations Office

Mark Wamai

Continue Reading

General

Mastercard Foundation Scholars at Makerere University encouraged to participate in philanthropy work

Published

on

Prof. Helen Nambalirwa Nkabala addressing the gathering on behalf of DVC F&A, Prof. Ireeta. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.

By Carol Kasujja Adii and Bernard Buteera

Mastercard Foundation Scholars at Makerere University have been encouraged to embrace the spirit of philanthropy as a vital foundation for fostering stronger and more resilient communities. This inspiring call to action took place during the 2025 Community Open Day at the Freedom Square on Saturday, September 6, 2025, where hundreds of Mastercard Scholars, Scholar-alumni, and partners of the Scholars Program gathered to initiate a fundraising drive for the signature Annual Scholars Day of Service.

The Annual Scholars Day of Service stands as a hallmark event through which the Scholars give back to the community in impactful and sustainable ways. During a keynote address titled “How Philanthropy Shapes Resilient Communities,” Prof. Winston Tumps Ireeta, the Deputy Vice Chancellor of Finance and Administration, emphasised that while local philanthropy is not a new concept in Uganda, a more intentional mobilisation of this giving back power is necessary to address broader social challenges.

“Communities that mobilise their own resources—financial, human, and material—are empowered to take ownership of their development. Ownership naturally leads to sustainability, ensuring that solutions emerge from local knowledge, context, and values rather than being imposed from the outside. This approach is essential for effectively tackling our social challenges,” Prof. Ireeta stated.

A cross-section of scholar-alumni, listening attentively during the event. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
A cross-section of scholar-alumni, listening attentively during the event.

In his remarks delivered by Prof. Helen Nambalirwa Nkabala, the Principal of the College of Humanities and Social Sciences, Prof. Ireeta highlighted the importance of nurturing the inherent power of local giving. He urged the celebration of current local philanthropic efforts, which can be initiated at the individual, religious, and community levels.

“To foster a culture of giving, we need to create platforms that promote structured, transparent, and impactful contributions,” he argued. “It’s crucial to strengthen our generosity, particularly among the youth, and cultivate a society where giving is valued as a core aspect of leadership and citizenship.”

Prof. Ireeta further noted, “The future of our Communities’ strength lies not in distant promises but in our own hands and collective actions. By fostering local philanthropy, we can build a society that is not only fairer but also more resilient and united.

Mr. John Osuna, speaking on behalf of the Program Director, Prof. Justine Namaalwa, at the event. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
Mr. John Osuna, speaking on behalf of the Program Director, Prof. Justine Namaalwa, at the event.

In his welcoming remarks, Mr. John Osuna, Transition Lead for the Mastercard Foundation Scholars Program at Makerere University, who spoke on behalf of the Program Director, Prof. Justine Namaalwa, expressed gratitude to the Scholars for their collaborative efforts in turning the idea of giving back into reality.

“Let us embody humility, kindness, and compassion through actionable philanthropy. By doing so, we can create lasting impacts, enhancing our reputation as a community that genuinely cares,” Mr. Osuna stated.

The Community Open Day was organised under the inspiring theme: “Nurturing Philanthropy for Resilient Communities,” paving the way for future initiatives that strengthen community bonds through collective generosity.

A cross-section of the alumni making their pledges towards the scholars give back project. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
A cross-section of the alumni making their pledges towards the scholars give back project.

“We believe that through nurturing philanthropy for resilient communities, our communities shall be able to organise themselves to build resilience beyond what we shall give back,” Mr. Osuna explained.

The vibrant event saw Scholars and Scholar-alumni actively participating by bringing items for auction and buying tickets for the raffle draw as a means of mobilising resources for the construction of a ventilated pit latrine, renovation of two classroom blocks and providing tanks for harvesting clean water for Bwera Primary School in Kabale District.

Speaking at the event, Mrs. Agnes Katumba, the Director of Katumba Estates, one of the long-standing partners of the Scholars Program at Makerere University, tasked the Scholars to embrace the heart of giving back without expecting something in return.

Ms. Agnes Katumba, the Director, Katumba Estates Ltd handing over part of her pledge towards the Scholars Giveback project. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
Ms. Agnes Katumba, the Director, Katumba Estates Ltd handing over part of her pledge towards the Scholars Giveback project.

“I thank the Mastercard Foundation; they not only provide scholarships but also give back to the community. I have been able to grow because of them. For scholars, you do not have to wait to be wealthy to give back; every coin counts,” Mrs. Katumba said.

Katumba Estates Ltd contributed three million shillings to the Scholars Give Back project. Another long-standing partner, DFCU Bank, pledged over sh10 million towards the Scholars’ building project.

The Representative from DFCU making the pledge to support Scholars Giveback project on behalf of the Bank. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
The Representative from DFCU making the pledge to support Scholars Giveback project on behalf of the Bank.

In her presentation, Ms. Malvin Akwara, a Mastercard Foundation Scholar-alumna, urged current Scholars to contribute to their communities in various ways, including mentorship and guiding young people.

Ms. Malvin Akwara, a Scholar-alumna addressing fellow Scholars and alumni at the event. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
Ms. Malvin Akwara, a Scholar-alumna addressing fellow Scholars and alumni at the event.

“We are all here because someone chose to give. During my first year at Makerere, I contributed to some young man’s school fees back home in my community. The young man is now in his second year at Makerere. You don’t have to be wealthy to make an impact; be intentional in your giving, and you will witness the difference it makes. There is no greater fulfilment than helping someone in need,” Akwara stated.

Some of the Scholars praying for their raffle draw tickets to win. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
Some of the Scholars praying for their raffle draw tickets to win.

The event was punctuated with a number of activities that ranged from auctioning items, raffle draws, exhibitions, quizzes and a lot of games and fun.

The winner of the grand draw walked away with a flat screen TV. Mastercard Foundation Scholars Community Open Day, September 6, 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.
The winner of the grand draw walked away with a flat screen TV.

Carol Kasujja and Bernard Buteera form the communications team for the Scholars Programme at Makerere University.

Mak Editor

Continue Reading

General

First-Year Student’s Joining Instructions 2025/26

Published

on

Dear Students; Class of 2025/2026
I am very delighted to welcome you to Makerere University. You are joining a Premier University and I hope you all are excited to start your new academic journey. We would like to first congratulate all of you for successfully overcoming the many challenges you have all faced, from completing high school to choosing a university and a study program and the extensive delays in the admission process you experienced.

As you are about to begin one of the most exciting times in your life, you should acknowledge and appreciate your efforts and achievements so far. I am aware that as a fresher, you are filled with hope and ambition, and I encourage you to take a moment to reflect on the road that has brought you here. I know that you have worked hard and overcome many obstacles
to reach this point. So, take a moment to savor this achievement and be proud of yourselves.

Now, as you step into the next phase of your lives, I want to remind you that this is a time of growth and exploration. You will face new challenges, make new friends, and gain experiences that will shape you into the person you will become. This is the time to embrace new opportunities, learn from your mistakes, and never stop growing.

I also want to emphasise the importance of hard work, determination, and resilience. These are the qualities that will help you overcome any obstacle and succeed in your endeavors. Remember to keep your focus on your goals and work towards them with determination.
I encourage you to approach your studies with a growth mindset. This means that you believe that your abilities can be developed through hard work and perseverance. Remember that failure is not the end, but rather an opportunity to learn and grow.

Professor Buyinza Mukadasi (PhD)
Academic Registrar

Mak Editor

Continue Reading

General

Transform Ivory Tower into Impact Tower – First-ever CEOs’ Summit

Published

on

Rt. Hon. Rukia Nakadama Isanga (4th Right), Hon. Balaam Barugahara (4th Left), Prof. Barnabas Nawangwe (Rear: 3rd Left), and Mr. George Turyamureeba (3rd Right) with Members of Management and stakeholders at the First Ever Alumni CEOs Summit on 2nd September 2025. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.

Makerere University, through the Makerere University Convocation (MUC), has hosted the first-ever CEOs/Investors’ Round Table Summit on Tuesday, 2nd September 2025. The historic event brought together alumni, Chief Executive Officers (CEOs), and stakeholders in a distinguished assembly aimed at re-imagining the university’s role in national and continental transformation.

The Convocation, which serves as a critical forum for foresight and life-transformational dialogue, unveiled five transformative points carefully crafted to transform Makerere from a symbolic “ivory tower” into an “impact tower” that influences the country and the world more than ever before.

Government Endorsement and Call to Action

The Chief Guest, Prime Minister Rt. Hon. Robinah Nabbanja, was represented at the event by the 3rd Deputy Prime Minister, Rt. Hon. Rukia Nakadama Isanga. She conveyed warm greetings from H.E. the President of Uganda, Gen. Yoweri Kaguta Museveni, and the Rt. Hon. Prime Minister.

She commended the Convocation for convening under the summit under a significant and timely theme: “Exploring the Opportunities for Entrepreneurship, Innovation and Value Creation for Accelerated Socio-Economic Integration and Development of Sub-Saharan Africa.”

Rt. Hon. Rukia Nakadama Isanga. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Rt. Hon. Rukia Nakadama Isanga.

She described the summit as not just a gathering but a journey and a call to action, urging academia, industry, and government to align efforts with Uganda’s and Africa’s transformation priorities.

Framing her remarks around the World Bank’s guiding principles—Trust, Humility, Inclusion, Collaboration, and Knowledge—she explained:

  • “Trust must be built between government, academia, and business… the gathering reflects the trust in CEOs and investors to walk this journey together.”
  • “Humility requires listening and learning, recognizing that no single institution has all the answers.”
  • “Inclusion reminds us that no youth, woman, or marginalized group should be left behind in transformation.”
  • “Collaboration is the currency of progress, necessary for solving complex challenges across sectors.”
  • “Knowledge remains our greatest asset, with Makerere University demonstrating its importance in moving from ivory towers to communities to transform lives.”
Current and Former Guild Leaders including Mr. Wilbrod Owor (CEO, Uganda Bankers Association) pose for a group photo with dignitaries. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Current and Former Guild Leaders including Mr. Wilbrod Owor (CEO, Uganda Bankers Association) pose for a group photo with dignitaries.

She then unveiled a “massive transformation purpose”, commissioning five working teams led by CEOs and investors. The teams, nominated lead persons, and their respective objectives included:

  1. From Ivory Tower to Impact Tower – Dr. Patricia Ojangole (UDB) with Patrick Ayota (NSSF), translating research into market-ready innovations.
  2. Diaspora Dividend vs Brain Drain – Jennifer Bamuturaki (Uganda Airlines) with Michael Mugabi (Housing Finance Bank), harnessing diaspora capital, skills, and mentorship.
  3. Intergenerational Knowledge Bridges – Fabian Kasi (Centenary Bank) with Ajay Kumar (Quality Chemicals), institutionalizing mentorship and reverse mentorship.
  4. Climate and Infrastructure Leadership – Proscovia Nabbanja (UNOC) with Silver Mugisha (NWSC), anchoring research in energy security, green transition, and infrastructure.
  5. Pan-African Digital and AI Advantage – Sylvia Mulinge (MTN Uganda) with Mumba Kalifungwa (Stanbic Bank), positioning Makerere as Africa’s digital and AI hub.

She pledged full government support, noting that the teams would convene in the Office of the President. “This summit is not ceremonial but a covenant,” she stressed.

The Minister’s Reflection

Hon. Balaam Barugahara, State Minister for Gender, Labour and Social Development in charge of Children and Youth Affairs, emphasized that the summit was not a party but a process of transformation.

Hon. Balaam Barugahara gestures. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Hon. Balaam Barugahara gestures.

Drawing from personal experience, he recalled joining Makerere in 2000 and completing his degree in seven years due to balancing work, hustling for fees, and studying. He praised the university’s role in shaping his success and highlighted recent developments such as the renovation of Mary Stuart Hall and revamping the Main and Western gates, as milestones that have enhanced Makerere’s image. He equally applauded the curbing of staff and student unrest.

He noted that the summit aimed to facilitate networking, mentorship, career opportunities, and university development, signalling collective commitment to Uganda’s transformation.

Council’s Vision: A Legacy Re-imagined

Representing Makerere University Council Chairperson Ms. Lorna Magara, Prof. Sarah Ssali described the summit as a “historic alumni CEO investor round table” and a reaffirmation of Makerere’s role in Africa’s development. She described the university as a “cradle of leadership, innovation and resilience”, noting that the gathering’s objectives included fostering partnerships, showcasing research, launching a fundraising drive, and strengthening alumni engagement. Prof. Ssali emphasized that alumni relations must go beyond occasional financial contributions during events, to continuous communication and genuine relationships. “This summit marks the start of a journey, not just an isolated event,” she reechoed.

Prof. Sarah Ssali. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Prof. Sarah Ssali.

Vice Chancellor on Unlocking Makerere’s Potential

Reflecting on the theme of his bid for the Office of Vice Chancellor, “Unlocking the Potential of Makerere University,” Prof. Barnabas Nawangwe noted that while many only celebrate the absence of strikes, behind the calmness is a vibrant transformation.

He highlighted Makerere’s alumni strength, with over 20,000 CEOs globally, and underscored their contributions to Uganda’s economy, governance, health, sports, and research. “What would Uganda do without Makerere?” he pondered. Prof. Nawangwe quickly added that the moment was ripe for Makerere to collaborate more with diaspora alumni so as to tap into fast-evolving niches such as blockchain.

Prof. Barnabas Nawangwe. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Prof. Barnabas Nawangwe.

Convocation’s Strategic Role

MUC Chairperson CPA George Mugabi Turyamureeba outlined the Convocation’s mission to support the university’s growth and well-being. He highlighted innovations such as the Convocation House, the annual luncheon for first-class graduates and their parents, mentorship programs, and the MUC SACCO as initiatives that his team had established and promoted during the term so far. The Chairperson nevertheless urged the CEOs present to enable the Convocation have greater impact collaborating on existing as well as envisaged projects such as the Convocation Innovation Centre.

CPA George Turyamureeba. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
CPA George Turyamureeba.

Adding her voice, Vice Chairperson Ms. Grace Cherotich Ruto urged participants—described as “movers and shakers” of Uganda’s economy—to ensure that their decisions today would be celebrated by future generations.

CPA George Turyamureeba (Right) and Ms. Grace Cherotich Ruto (2nd Right) and members of the Convocation Team. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
CPA George Turyamureeba (Right) and Ms. Grace Cherotich Ruto (2nd Right) and members of the Convocation Team.

Keynote Address: The Journey’s Just Began

In his keynote, Dr. Peter Kimbowa, Founder and Board Chair of the CEO Summit and Makerere alumnus, congratulated his alma mater on the initiative and reaffirmed the Convocation’s strategic role.

He emphasized that the Round Table Summit should not be seen as a one-time event but as an ongoing journey, echoing American Football Player Jalen Hurts’ mantra: “There’s no arrival. Only the journey.” Dr. Kimbowa defined the Convocation as a community of leaders, alumni, and faculty united by heritage and vision. He described it as a bridge connecting:

  • The past to the future,
  • Business and industry to academia, and
  • Learning to market needs.
Dr. Peter Kimbowa. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Dr. Peter Kimbowa.

He stressed that the Convocation’s ultimate goal was to transform Makerere into a self-sustaining engine of innovation, opportunity, and national transformation. Drawing on corporate insights, he challenged participants to always ask “what is the next opportunity?” and warned against complacency. He unpacked the massive transformation purpose structured around five working teams which MUC has developed, whereby corporate chief executives from Uganda are called upon to lead collaboration with the university. He highlighted the importance of mobilizing talent to connect with successful Ugandan alumni, underscoring the need for local CEOs to harness talent in the diaspora. He emphasized deliberate action, mobilization of global alumni talent, and collaboration between CEOs and the university to sustain transformation

Members of Management from Left to Right: Mr. Paul Agaba-Procurement and Disposal Unit, Mr. Simon Kizito-Deputy University Secretary, Prof. Robert Wamala-Director Research Innovations and Partnerships, and Prof. Ruth Nalumaga-University Librarian. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Members of Management from Left to Right: Mr. Paul Agaba-Procurement and Disposal Unit, Mr. Simon Kizito-Deputy University Secretary, Prof. Robert Wamala-Director Research Innovations and Partnerships, and Prof. Ruth Nalumaga-University Librarian.

Panel Discussions and Triple Helix Framework

The day’s panel discussion featured Mr. Samuel Mwogeza (Executive Director, Stanbic Bank), Mr. Peter Sibukule (Headmaster, Busoga College Mwiri), Mr. Clovice Bright Irumba (Petroleum Authority of Uganda), and Ms. Grace Cherotich.

Mr. Mwogeza stressed the need to commercialize university prototypes and ideas. He explained that banks like Stanbic use their networks to strengthen innovators’ business cases, preparing them for market entry. Mr. Sibukule on the other hand called for transformation of mindsets right from secondary school level so that students are well primed to communicate, collaborate, uphold integrity and good work attitudes over qualifications in the marketplace. Mr. Irumba highlighted efforts by the PAU to create more opportunities for Ugandan entities to get involved in the oil and gas sector thanks to gaps highlighted by a study undertaken by the Economic Policy Research Centre (EPRC). Ms. Cherotich on the other hand invited CEOs to take interest in research outputs of the Makerere University Research and Innovations Fund (Mak-RIF) and reassured the audience of the Convocation’s readiness to provide a trusted platform for engagement with industry.

Panelists from Left to Right: Ms. Grace Cherotich Ruto, Mr. Samuel Mwogeza, Mr. Peter Sibukule and Mr. Clovice Bright Irumba with Moderator-Dr. William Tayeebwa. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Panelists from Left to Right: Ms. Grace Cherotich Ruto, Mr. Samuel Mwogeza, Mr. Peter Sibukule and Mr. Clovice Bright Irumba with Moderator-Dr. William Tayeebwa.

Contributing to the day’s discussion, Prof. Eriabu Lugujjo, Executive Director of the Uganda Vice Chancellors’ Forum (UVF), reminded the audience of the “Triple Helix” model and it’s underlying policy frameworks that in the recent past guided collaboration between universities, government, and the private sector. He observed Uganda’s lack of a robust framework, and called for policies that tie tax incentives to university support by corporations and other business entities.

Prof. Eriabu Lugujjo. Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Prof. Eriabu Lugujjo.

Proceedings

The inaugural edition of the summit was moderated by Dr. Tayeebwa William from the Department of Journalism and Communication who doubles as Managing Editor Makerere University Press and Dr. Viola Karungi from the Department of Performing Arts and Film (PAF).

Dr. Viola Karungi (Left) and Dr. William Tayeebwa (Right). Makerere University Convocation (MUC) first-ever CEOs/Investors’ Round Table Summit, 2nd September 2025, Convocation House, Edge Road, Kampala Uganda, East Africa.
Dr. Viola Karungi (Left) and Dr. William Tayeebwa (Right).

The PAF team took charge of the leading the anthems and day’s entertainment, which included a poetic presentation of the Makerere University Anthem.

Eve Nakyanzi
Eve Nakyanzi

Continue Reading

Trending