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Mak Unlocks its Financial Potential through Property Investment

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On 5th December 2017, hundreds of potential investors convened at Serena Hotel Kampala to participate in the Makerere University Property Investor Conference organized by the Makerere University Holdings Limited (Mak Holdings Limited).

Officially opened by the Chancellor Prof. Ezra Suruma represented by the Chairperson of Council Eng. Dr. Charles Wana Etyem, the conference attracted national, regional and international property development stakeholders including financiers, developers, advisors, fund managers, investment managers and introduced them to grand investment opportunities of more than 32 acres of Makerere University Prime land that awaits development. The prime land is located in three areas of Kampala that is the Main Campus, Kololo and Makindye; upscale of the Kampala suburb.

Chaired by Dr. Charles Mbire, the Mak Holdings Limited Board of Directors consists of the following members: Mr. Charles Ocici, Prof. William Bazeyo, Ms. Ruth Biyinzika Musoke, Mr. Dan Kasirye, Dr. Winifred Tarinyeba-Kiryabwire and Dr. Gorrettie Nsubuga Nabanoga.

L-R: Chair Council-Eng. Dr. Charles Wana-Etyem, DVCFA-Prof. William Bazeyo and Vice Chancellor-Prof. Barnabas Nawangwe share a light moment during the Investors Conference

Addressing investors at the conference, Dr. Charles Mbire said that Makerere University is looking for potential investors who have the key to unlock the University investments to enable the proposed projects to take off. “We are looking for bidders to bring forward innovative plans for financing and implementing the project, including investment of their own or in collaboration with others, to maximize the project benefits,” he said.

The projects are envisaged to diversify the university financial resources and transform the institution into a modern university of the 21st century.  The projects to be undertaken include;
Project 1: Conference Centre and 3-Star Hotel at the current Makerere University Guest House
Project 2: 5 Star Luxury Hotel, Commercial Centre and Upmarket Apartments – Kololo
Project 3: Gated Community and Upmarket Apartments – Makindye
Project 4: Student Accommodation at Makerere University Main Campus
Project 5: Student Centre at Makerere University Main Campus among others

Dr. Mbire remarked that the property development shall be undertaken by means of private sector participation and investment and Mak Holdings Limited is duly mandated and authorized to evaluate, procure and oversee the projects.  The envisaged project structure is for a development lease of 49 years with a lease premium and annual lease paid up by the project company.

L-R: Dr. Gorettie Nabanoga, Ms. Ruth Biyinzika Musoke, Mr. Cyriaco Kabagambe, Prof. Edward Kirumira, Eng. Christina Kakeeto, Mr. Frank Kitumba at the Investors Conference

The Project will be implemented as a developmental lease contractual arrangement wherein the private proponent will be required to design, construct and finance the project facilities and assume construction related risks arising from cost overruns, delays and other performance risks connected to construction.

“This is a Build, Operate and Transfer venture where after 49 years, all the developments on the land will be transferred to Makerere University.  The investors are expected to recover their capital investment on the land between 7-10 years and start enjoying the profits for the rest of the years,” he said.

In a speech read by the Chairperson of Makerere University Council, Eng. Charles Wana Etyem, the Makerere University Chancellor Prof. Ezra Suruma, commended the move by the University to diversify the resources through private-public investor partnerships.  

“At Makerere University, we are renowned for teaching; our academic skills and talent are commendable.   However, with this conference we want to chart out new territories that will ensure that the University which is at the forefront of Uganda’s Innovation can reach its full financial potential,” he said.  

Some of the Bidders and their representatives that attended the First Ever Makerere University Property Investor Conference, 5th December 2017, Kampala Serena Hotel

The Chancellor recognized the visionary leadership of Eng. Dr. Charles Wana Etyem during the process of resourcing finance for the University. He thanked Prof. Nawangwe and the Management team for setting a new precedent in the great history of Makerere University and the country at large. He thanked the Chair Board Mak Holdings Limited Dr. Mbire as well as the Planning and Development Department for the milestone and great contribution towards a successful investor’s conference.

Over the past few decades, Makerere University has been facing financial challenges amidst abundance of resources. According to the Vice Chancellor Prof. Barnabas Nawangwe, Makerere University has for so many years depended on Government and donor funding which is inadequate given the enormous resources required to implement University activities.

According to Prof. Nawangwe, there is a need for Makerere University to revamp its financial resources and ensure that the institution becomes financially sustainable if it is to transform into a modern university.

Makerere University is one of the best universities in Africa and world at large. We pride to be the top research institution in Africa, we are destined to be the prime movers of our country and our continent however, we can only do that when we are financially stable,” the Vice Chancellor said.

The Cake cutting ceremony at the Property Investor Conference was carried out by Prof. Barnabas Nawangwe, Hon. Irene Ovonji-Odida, Eng. Dr. Charles Wana-Etyem and Dr. Charles Mbire as L-R: Prof. William Bazeyo, Dr. Gorettie Nabanoga, Ms. Ruth Biyinzika Musoke, H.E. King Caesar Augustus Mulenga and Dr. Charles Ibingira witness during the Investors Conference

The Acting Deputy Vice Chancellor in charge of Finance and Administration, Prof. William Bazeyo welcomed the investors and assured them of the university support and necessary information they need during the process of securing investment bids and proposals.

“I would like to assure you that the project potential is big and we will do anything possible to make sure that you find minimum constraints in these projects.  As the Management we are ready to work with you, as we transform Makerere University and Uganda at large,” he said.

In a presentation, Judy Rugasira Kyanda, the Managing Director of Knight Frank-a leading independent real estate consultancy in Uganda, said there is potential for viable investment on all Makerere University land and properties.

Article By: Mak Public Relations Office

Mark Wamai

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Call for Applications: Admission to Postgraduate Programmes 2026/2027

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SoL Graduands celebrate after being conferred upon their awards. 75th Graduation Ceremony, Day 1, CoCIS, CEES, CoVAB and School of Law. 13th January 2025, Freedom Square, Makerere University, Kampala Uganda, East Africa.

The Academic Registrar, Makerere University invites applications for admission to Graduate Programmes (Postgraduate Diplomas, Masters and Doctoral Degree Programmes) for the 2026/2027 Academic Year. Applicants should have obtained at least a first or second class degree (or its equivalent) from a Chartered University at the time of completion. Applicants should also possess a Uganda Certificate of Education (or its equivalent) and a Uganda Advanced Certificate of Education (or its equivalent).

Sponsorship:

All Graduate Programmes are PRIVATELY-SPONSORED. Therefore, applicants seeking sponsorship should have their applications endorsed by their respective sponsors where applicable. Applicants should note that the various fees payable to the University indicated for the various programmes EXCLUDE functional fees, accommodation, books, research and other expenses.

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Simon Mungudit: Mak’s Best Performing Male Science Student & Rising Star in Petroleum Geoscience

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Simon Mungudit emerged the best performing male science student this year. He is set to graduate from Makerere University, Kampala Uganda, East Africa on 24th February 2026 in the Freedom Square.

At just 24 years old, Simon Mungudit from the College of Natural Sciences (CoNAS) has etched his name in the academic history of Makerere University, having emerged as the overall best male student in the Sciences, an achievement earned through perseverance, discipline, and an unrelenting pursuit of excellence.

Mungudit is set to graduate during 76th graduation ceremony scheduled for 24th to 27th February 2026, having attained a CGPA of 4.76 in the Bachelor of Science in Petroleum Geoscience and Production. His academic interests-Reservoir Engineering, Petrophysics, and Drilling-reflect a deep understanding of the subsurface sciences that power modern energy systems.

Early Life and Journey to Academic Excellence

Born to Mr. Owor Thomas, a Game Ranger with the Uganda Wildlife Authority at Murchison Falls National Park, and Ms. Lilly Obewun Grace of Akuru Bridge Village, Nyaravur Sub-County in Nebbi District, Mungudit’s journey to academic excellence began far from the lecture halls of Makerere. At Karuma Primary School, Mungudit scored 12 aggregates in the Primary Leaving Examinations (PLE), setting the pace for his future success. He proceeded to St. Daniel Comboni College, Nebbi, where he attained 14 aggregates in 8 subjects at O’ Level. He then joined Namilyango College, one of the best secondary schools in Uganda, where he studied Physics, Chemistry, and Mathematics (PCM) and scored 19 points, results that secured him government sponsorship to pursue a Bachelor of Science in Petroleum Geoscience and Production at Makerere University.

Gratitude to his mentors and sponsors

Behind these milestones lies a story of humility, gratitude and opportunity. Mungudit credits his parents for supporting his primary and O’ Level education and expresses gratitude to TotalEnergies, which provided a full bursary for his A’ Level studies, covering tuition, upkeep, and medical care. He also acknowledges the Government of Uganda for sponsoring his university education, a factor he says motivated him to excel.

At Makerere, Mungudit thrived in an environment that blended rigorous academics with mentorship. He pays tribute to his lecturers, particularly Dr. Arthur Batte, Head, Department of Geology and Petroleum Studies, for their unwavering commitment to nurturing students and pushing them to excel.

“I always aimed to excel,” Mungudit says. “Together with a few colleagues, we formed a group and held discussions on a daily. This, coupled with a conducive study environment, prayer, and discipline, enabled us to attain excellent grades.”

Dr Arthur Batte describes Mungidit as a humble yet very intelligent student.

Achievements and Professional Experience

Beyond academics, Mungudit consistently demonstrated expertise in petroleum engineering. In 2024, he led a team that won the Reservoir Modelling Challenge, organized by the American Association of Petroleum Geologists (AAPG) Makerere University Chapter, earning prize money and a sponsored field trip to the Tilenga Project courtesy of COSL. He was First Runner-Up in the Petro Bowl competitions of 2023 and 2025, a highly competitive petroleum knowledge quiz organized by the Society of Petroleum Engineers (SPE) Uganda Section. He served as a Student Officer for the SPE Makerere University Chapter in 2023, and in 2024, he chaired the Organizing Committee of the SPE Annual Students’ Technical Conference and Exhibition, helping bridge the gap between academia and industry.

His learning extended beyond the classroom. During his internship, he worked with TotalEnergies, where he applied petrophysics skills to analyze gas-while-drilling data for formation evaluation, hands-on exposure that sharpened his professional competence. At Makerere University, he mastered PetroMod 2018, a critical software tool in oil and gas exploration. After completing his studies in June 2025, Mungudit trained with the Uganda National Oil Company (UNOC), participating in the 2D seismic acquisition in the Kasurubani Block in Buliisa and Hoima districts.

Mungudit currently works as the Special Projects Coordinator for the Society of Petroleum Engineers (SPE) Uganda Section Student Liaison Committee.

Future Plans

Mungudit hopes to work in the oil and gas industry in the upstream sector as a geoscientist. He also plans to pursue further studies in petroleum engineering.

From a village in Nebbi to the forefront of petroleum geoscience, Mungudit’s story is one of an opportunity seized and potential realized. It is a testament to what is possible when talent meets support, and when determination is guided by faith, mentorship, and service. As Uganda’s oil and gas sector continues to evolve, Mungudit stands as a symbol of the skilled, principled professionals poised to shape its future.

The CoNAS fraternity congratulates Mungudit on this noble achievement.

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Hasifa Kabejja

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Press Statement: Makerere 76th Graduation Ceremony

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Prof. Barnabas Nawangwe (Centre) presents one of the printed batches of transcripts the Registrar College of Computing and Information Sciences (CoCIS)-Ms. Ruth Iteu Eyoku (2nd Right) as Right to Left: DVCAA-Prof. Sarah Ssali, AR-Prof. Buyinza Mukadasi and Ms. Prossy Nakayiki witness on 28th January 2026. Vice Chancellor's Press Briefing on the 76th Graduation due to be held 24th-27th February 2026 at Makerere University, Kampala Uganda, East Africa.

Makerere University’s 76th graduation ceremony will be held from February 24th – 27th, 2026, at the Makerere University Freedom Square, starting at 8.30am. During the 76th graduation ceremony, we shall confer degrees and award certificates to 185 PhDs, 2034 Masters, 6,043 bachelors, 137 postgraduate diplomas and 33 diplomas.

I am proud to announce that in comparison to the 75th graduation, we have registered a 30% growth in graduate student output. This is a result of our strategic decision to prioritize graduate education per our research-led agenda.

I also wish to announce that the transcripts have been finalized and are ready for pick up. Today, I am handing over the ready transcripts to the College principals and can be picked up from respective Colleges even before the graduation ceremony.

Important to Note:

In preparation for the graduation ceremony, the University wishes to note the following:

  1. Pre-graduation clearances
    Graduands are reminded to clear all necessary payments such as tuition and all graduation
    fees. It is also important to check with your College to ensure your name is on the graduation
    list and all mandatory clearances with university officials have been finalized. Note and
    internalize the graduation schedule (attached) to know which day you are graduating.
  2. Securing the graduation gowns
    Graduation gowns will be issued starting from 2nd February 2026 from the University Hall (Dinning Hall), Monday to Friday, from 9am to 4pm. To collect your gown, check and ensure your name appears on the Senate Graduation list, present your student number or National ID, and proof of payment for the gown.
  3. Security requirements
    • Attendance: For each day of graduation, entrance to the graduation ground will be by invitation only. Graduands will be issued with invitation cards which permits two guests per graduand. Do not come with more than two people or they will not be allowed access to the graduation venue. Graduands are encouraged to arrive to settle at the Freedom Square by 7am on graduation day to for a seamless flow of planned activities including the necessary security checks.
    • Prohibited items: Prohibited items include firearms, sharp instruments like mirrors and knives, alcohol, cell or batteries and chemicals, canned food and drinks, laptops, flashes and hard disks, radios including pocket radios, bottled drinks, cameras, large bags or any other heavy items.
    • Media: All media and journalists who wish to cover the ceremony must be pre-accredited by the Makerere University Public Relations office or they will not be allowed to access the ceremony venue. The access point for accredited media personnel will be the Senate Building.
    • Parking: There will be two designated parking areas; Rugby Grounds for those coming through the Eastern and Main Gate; and the second one is the Makerere University Main Grounds at Makerere College School. For VVIPs, VIPs and procession parking will be at CTF1, Directorate of Legal parking, St Francis and St Augustine parking, JICA and Senate Building.
    • Access Control: To ease traffic flow and management, the University has planned three access points to the graduation venue: the School of Social Sciences, Senate Building and the University Swimming Pool.
  4. For help and inquiries
    • Starting February 2, 2026, the Academic Registrar ’s Office and Graduation Committee will set up an information tent outside the Senate Building to provide guidance and handle all inquiries pertaining to graduation.


Mak Editor

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