Incoming Ag. DVCFA-Dr. Josephine Nabukenya (3rd R) and outgoing Ag. DVCFA-Prof. William Bazeyo (2nd R) are joined to cut cake by Prof. Bazeyo’s daughter (R) as staff from the Office of the DVCFA (Rear) applaud at the handover ceremony on 30th November 2020, CTF1, Makerere University, Kampala Uganda.
The outgoing Acting (Ag.) Deputy Vice Chancellor (Finance and Administration)-DVCFA on 30th November 2020 officially handed over office to the incoming Ag. DVCFA Dr. Josephine Nabukenya at a ceremony presided over by the Chairperson of Mak Council Mrs. Lorna Magara. The event held in the Central Teaching Facility 1 (CTF1) was guided by the Ag. University Secretary-Mr. Yusuf Kiranda and witnessed by the Chairperson Finance, Planning, Administration and Investment Committee (FPAIC) of Council-Mr. Bruce Kabaasa, the Vice Chancellor-Prof. Barnabas Nawangwe, Deputy Vice Chancellor (Academic Affairs)-Dr. Umar Kakumba, Members of University Management and Prof. Bazeyo’s family.
In his remarks, the Vice Chancellor paid tribute to Prof. Bazeyo for the tremendous achievements registered which made his own job very easy.
“One of Prof. Bazeyo’s tremendous achievements has been to move the University out of huge debt, with the most outstanding one; the In-House benefits scheme, almost completely settled,” remarked Prof. Nawangwe.
He also commended Prof. Bazeyo for his negotiation skills, which enabled the University to secure the Research and Innovations Fund (Mak-RIF) from the Government of Uganda. Mak-RIF is the first of its kind Government funding dedicated purely to supporting research and innovations at Makerere University, and is open to competitive bidding by any member of staff.
L-R: Prof. Barnabas Nawangwe, Mr. Yusuf Kiranda and Prof. William Bazeyo chat at the handover ceremony
Prof. Nawangwe thanked the outgoing DVCFA for his exemplary service and accepting to continue chairing the inaugural Grants Management Committee (GMC) of Mak-RIF. This selflessness, he noted would help Makerere to become a truly research-led university.
The Vice Chancellor equally expressed gratitude that Prof. Bazeyo was handing over to Dr. Nabukenya who is known for her steadfastness, prolific research and grant winning abilities. “Dr. Nabukenya has been very responsive when called upon to serve on various University Committees and we pledge to continue according you all the necessary support until a substantive DVCFA is appointed.”
In his handover speech, Prof. William Bazeyo thanked God for the negotiation and other skills that have enabled him to be a contribution to Makerere University right from his date of appointment on 23rd August 1993 until he attained the mandatory retirement age on 22nd June 2017. Now serving on a post-retirement contract valid until May 2021, Prof. Bazeyo shared that these skills had enabled him to transform the School of Public Health (MakSPH) from being virtually unknown to the second-best School of Public Health on the African continent.
Speaking about what motivated him to take up the role of DVCFA, Prof. Bazeyo outlined; the Media coverage of Makerere’s indebtedness, need to achieve research-led status, need to improve staff remuneration, unpaid retirement benefits and the absence of an institutional grants policy as some of the challenges that spurred him on.
“On the research front, I am glad to say that today, we have 595 project groups concurrently engaged with full funding by Government under Mak-RIF. And whereas Government had initially committed to avail this funding for only five years, they are now willing to funding every financial year having seen Makerere’s demonstrated capacity,” Prof. Bazeyo said.
Addressing Dr. Nabukenya, the outgoing Ag. DVCFA said, “I have never seen an office as challenging as this but the fact that I have tried means that you too can do the same through initiatives like strategic planning, participatory budgeting and a host of others as outlined in my handover report. I pledge that I will be available to introduce you and support you where you need me.”
Outgoing DVCFA-Prof. WiIliam Bazeyo (L) prepares to handover a copy of his report to Dr. Josephine Nabukenya (R) during the ceremony
In conclusion, Prof. Bazeyo thanked the Chairperson and Members of Council for entrusting him with the role of DVCFA and Prof. Nawangwe for always listening to his proposals and offering much-needed guidance. He thanked Dr. Kakumba for always speaking honestly and Dr. Eria Hisali for continually stepping-in to act on his behalf whenever he was out of office. Prof. Bazeyo equally thanked rest of the members of Management for their support throughout his term of office and staff in the Office of the DVCFA for enabling him to serve efficiently.
In her acceptance speech, Dr. Josephine Nabukenya thanked the University Council for giving her the opportunity to act as DVCFA, a role she pledged to use wisely. “I thank the Chairperson Council, Mrs. Lorna Magara, Vice Chancellor, Deputy Vice Chancellor (Academic Affairs) and all members of Management for being part of this handover ceremony. I am humbled to be assigned the role of next Acting DVCFA, a great responsibility and at the same time, a great honour.”
She paid tribute to her predecessor Prof. Bazeyo for the achievements registered during his term of leadership and for not losing sight of his goals especially in research, despite the challenges faced. She attributed this to Prof. Bazeyo’s passion for Makerere University, which has been a good driving force during his three years in office.
Dr. Nabukenya nevertheless made appealed to her outgoing colleague to continue working with the institution to cement the successes that had been registered during his term. She pledged to work hand in hand with her colleagues in Top Management to ensure that several projects currently being undertaken such as automation of services are accomplished.
Mrs. Lorna Magara (C) chats with Dr. Umar Kakumba (L) and Prof. William Bazeyo after the handover ceremony
In her remarks, the Chairperson Council thanked Prof. William Bazeyo for his selfless service to Makerere University, especially for his role in spearheading negotiations with Government to secure the remainder of funds owed to the Makerere University Retirement Benefits Scheme (MURBS). Mrs. Magara noted that the University Council is still looking forward to working with Prof. Bazeyo in various capacities.
Turning to Dr. Nabukenya, the Chairperson noted that the University Council celebrates her as a woman who has ascended to a top position of University Management. She nevertheless noted that Dr. Nabukenya’s prolific record made her a good candidate for the position. “Drawing on the gender card was never a necessity in considering your candidature because your past attainments in research and especially automation made you a perfect fit for the role.”
Quoting Proverbs 22:1 “A good name is to be chosen rather than great riches, Loving favor rather than silver and gold”, Mrs. Magara urged Dr. Nabukenya focus on leaving a legacy in Makerere University because her legacy would outlive her. She added that Council’s expectations of the DVCFA role are high but nevertheless expressed confidence that Dr. Nabukenya would deliver as much as Prof. Bazeyo had and hopefully, exceed expectations.
The Chairperson noted that whereas the University aspires to be research-led, the institution should not conduct research just for the sake. “Our drive must be to conduct research that responds to the National Development Agenda” remarked Mrs. Magara before posing a question, “What do we need to do to ensure that Makerere becomes the Think Tank for the National Development Agenda?”
She concluded her remarks by pledging the University Council’s and her personal support to the new Ag. DVCFA and urged Dr. Nabukenya to stay focused on her duties.
Members of Management also present included the University Librarian-Dr. Helen Byamugisha, University Bursar-Mr. Evarist Bainomugisha, Director Estates and Works Directorate-Eng. Christina Kakeeto, Director Internal Audit-Mr. Walter Yorac Nono, Ag. Director Legal Affairs-Mr. Hudson Musoke, Representing the Ag. Director Human Resources-Mr. Deus Mujuni Tayari and other officials.
On 4th December, 2025, over 200 final-year students gathered at the School of Pharmacy Auditorium for the highly engaging Career & Financial Literacy Symposium, hosted by the 91st Students’ Guild, in partnership with the Makerere Advancement Office and the DFCU Foundation.
The symposium centred on student advancement through strategic partnership, convening students, administrators and development partners for a practical conversation on career readiness, financial literacy, employability, and personal development.
Advancement Through Partnerships
Speaking on behalf of the Makerere Advancement Office, Mr Awel Uwihanganye, Chief Advancement Officer, underscored the importance of partnerships such as the one with DFCU Foundation. He highlighted their importance in equipping students with marketplace skills and opportunities vital for individual growth after University.
Mr. Awel Uwihanganye addressing the students at the Symposium.
He reflected on the university journey as a formative period for ideas, innovation, and lifelong relationships, noting that:
“University is where impressions are made, and future networks are born. The friendships, character, and collaborations you develop here become foundations for careers, enterprises and leadership later in life.”
Mr. Uwihanganye encouraged students to embrace entrepreneurship, creativity and innovation, arguing that the emerging workforce is driven by technology, multi-tasking ability and idea generation rather than traditional single-path employment. He challenged students to build businesses, use digital platforms productively, and regard employment as only one income stream, not the only one.
The Student Perspective — Discipline, Skills and Trust
Speaking on student growth and personal development, Dr. Rodney Rugyema, Deputy Dean of Students, highlighted the realities facing new graduates, especially those entering the job market for the first time. With humour and honesty, he urged students to approach growth intentionally and responsibly.
Dr. Rodney Rugyema giving his remarks during the symposium.
He called for delayed gratification, financial discipline and long-term decision-making, reminding students that wealth is built, not wished for. He emphasised the importance of skills beyond academic papers, stating that students must be equipped to create value, adapt, learn continuously, and gain competence relevant to modern work demands.
Dr. Rugyema underscored that trust, integrity and reliability remain the most non-negotiable pillars of professional advancement.
“Let people trust you enough to lend you an opportunity. Be a person who delivers. Your reputation is currency; it travels to rooms you are not in.” He noted
Financial Literacy for the Next Generation
The keynote training session was delivered by Mr. Simon Omara, Business Advisor representing the DFCU Foundation, who walked students through a highly practical presentation on financial planning, savings culture, credit management, record-keeping, career positioning and entrepreneurship.
Mr. Simon Omara equipping the students with financial literacy skills.
With more than 10,000 graduates annually and less than 35% securing employment within the first year, Mr. Omara challenged students to practice financial and career ownership early. His presentation explored:
Key Competencies Students Must Build
Financial management with a focus on budgeting, saving, and investing early
Career readiness, CV development, interview skills, and personal branding
Entrepreneurship and income diversification
Record keeping and credit management
Professional conduct and workplace preparation
He reminded students that the future belongs to those who are financially literate, skilled, trusted and entrepreneurial. Through relatable examples and actionable frameworks such as the 70–20–10 rule, the 7-second CV scan, and the 90-day post-graduation growth plan, Mr. Omara equipped participants with practical knowledge they could act upon immediately.
Why This Symposium Matters
This event stands as a testament to the power of partnership-driven student advancement, a core mandate of the Makerere Advancement Office. By convening industry partners like DFCU Foundation, the University continues to ensure that students graduate not only with knowledge, but with tools and readiness for opportunity.
The symposium strengthened linkages between academia and the labour market, expanded students’ perspective on financial independence, and emphasised the value of entrepreneurship, networks and character in shaping future leadership
The Makerere Advancement Office remains committed to facilitating opportunities that empower students to thrive beyond the gates of the University, through partnerships, mentorship, capacity-building, and exposure to real-world skillsets.
“ A degree alone is no longer enough. With partnership, preparation and purpose, our students can build futures anchored in knowledge, opportunity and resilience.” Mr Awel Uwihanganye noted during his remarks.
Caroline Kainomugisha is the Communications Officer, Makerere Advancement Office
WEE-DiFine, a BRAC Institute of Governance and Development (BIGD) led initiative made possible through funding from the Bill & Melinda Gates Foundation, is now accepting expressions of interest on a rolling basis for research projects that enhance the understanding of the role of digital financial services (DFS) in the economic empowerment of women by generating evidence on the causal mechanisms between the two.
Geographies of interest
WEE-DiFine is open to proposals from Sub-Saharan Africa, South Asia, and Southeast Asia. A comprehensive list of eligible countries is available in our FAQ document on our Resources page here. However, proposals from the following nine countries will be prioritized:
India
Bangladesh
Pakistan
Indonesia
Nigeria
Kenya
Tanzania
Uganda
Ethiopia
Deadline: December 15, 2025 at 11:59 pm Bangladesh Standard time (BST) i.e. 8:59 pm EAT.
Makerere University on 3rd December, 2025 hosted the Tumusiime Mutebile Annual Lecture, a tradition established to honour the life and legacy of the late Prof. Emmanuel Tumusiime-Mutebile, an outstanding alumnus and former Governor of the Bank of Uganda who passed away in 2022. The lecture not only reflects on his remarkable contribution to Uganda’s economic leadership, but also highlights how innovation, resilience, and intergenerational vision can shape Africa’s future.
This year’s edition was anchored on three key pillars—intergenerational leadership, economic resilience, and the power of innovation—themes that defined Prof. Mutebile’s career and continue to influence national development. Through this annual series, the University upholds his memory while also celebrating other African leaders whose work has left a lasting mark on the continent, using their legacies to inspire thoughtful dialogue, policy reflection, and the next generation of transformative thinkers.
Celebrating an Enduring Legacy
In her remarks, the Acting Vice Chancellor, Prof. Sarah Ssali, reflected on Prof. Mutebile’s lifelong commitment to excellence, integrity, and the transformative power of education. She highlighted his journey from a student leader at Makerere to one of the country’s most influential economic thinkers, noting how his leadership in monetary policy, fiscal reform, and economic stabilization reshaped Uganda’s economic trajectory.
Prof. Sarah Ssali.
Prof. Ssali emphasized that this public lecture series not only honours Mutebile’s legacy but also bridges academia and practice—challenging students, scholars, and national leaders to pursue knowledge that serves the public good. She expressed gratitude to the Bank of Uganda under Dr. Michael Atingi-Ego, dfcu Bank, the GRO Foundation, the Mutebile family, and the Advancement Office for their continued support in sustaining a platform that nurtures economic thought leadership and inspires future generations.
Rt. Hon. Emeritus Amama Mbabazi, a lifelong friend and contemporary of the late Prof. Emmanuel Tumusiime-Mutebile, delivered a deeply personal reflection during the lecture. He recalled their shared beginnings as young student leaders at Makerere, their early political activism, and the historical moments that shaped both their lives and the nation. Speaking as both confidant and colleague, he emphasized Mutebile’s disciplined approach to economic policy, his unwavering belief in strong, accountable institutions, and his commitment to evidence-based, long-term decision making. Mbabazi outlined three pillars of Mutebile’s legacy—policy integrity, institutional strength, and leadership that prepares the next generation—values he affirmed are central to the work of the Tumusiime Foundation, which he now chairs.
Rt. Hon. Amama Mbabazi (Centre) shows of the Makerere necktie presented to him by Prof. Frank N. Mwiine (Left) and Prof. Edward Bbaale at the lecture.
He underscored the critical role of the private sector in Africa’s transformation, stressing the need for productivity-driven economies, skilled young people, and policy ecosystems that encourage innovation. He further called for intergenerational leadership that deliberately transfers knowledge, builds enduring institutions, and creates real opportunities for young Africans to lead. In closing, he urged academia, policymakers, and industry to work in partnership, noting that Africa’s progress depends on disciplined leadership, investment in human capital, and a shared commitment to building a future stronger than the present.
Fiscal Policies that have stood the test of time
The Governor of the Bank of Uganda, Dr. Michael Atingi-Ego, honored the late Prof. Emmanuel Tumusiime-Mutebile with a heartfelt tribute, praising him as “a great tree whose roots ran deep beneath the soil of this nation, nourishing all who followed.” He noted that Uganda continues to benefit from the “shade” of the policies Mutebile planted during his 21-year tenure—policies that stabilized the economy, strengthened institutions, and protected the financial system through multiple crises. He highlighted Mutebile’s role in restoring price stability through cash budgeting, bringing inflation down from triple digits to single digits, guiding the country through the 2008 global financial crisis with disciplined monetary policy, and maintaining public trust during the 2011 inflation spike through clear and transparent communication.
Dr. Michael Atingi-Ego.
Dr. Atingi-Ego also credited him for steering Uganda safely through the COVID-19 pandemic by introducing liquidity support for banks, credit relief for borrowers, and targeted foreign exchange interventions. Reflecting on Mutebile’s long-term impact, the Governor remarked, “These are the ideas he planted—he never lived to enjoy the shade of the tree, but today, the country rests under it.” He further celebrated Mutebile’s commitment to innovation, citing the 2016 amendments to the Financial Institutions Act that unlocked agency banking, bancassurance, and Islamic banking—reforms that today anchor Uganda’s impressive financial inclusion gains.
Intergenerational Leadership blends agility and emotional intelligence
Eng. Dr. F. F. Tusubira delivered a compelling and deeply reflective keynote, grounding the theme “Intergenerational Leadership, Economic Resilience and the Power of Innovation” in both history and lived institutional experience. He expressed serious concern that although Africa is the world’s youngest continent—with over 65% of its population below 35—its systems continue to sideline young people from leadership and national decision-making, even as they are repeatedly called “leaders of tomorrow.” He argued that this generational exclusion is not merely unfair but dangerous, warning that nations cannot secure economic resilience while locking out the very demographic best equipped to navigate a rapidly evolving, technology-driven world.
Eng. Dr. F.F. Tusubira.
Drawing on African proverbs, global case studies, and personal anecdotes from Makerere and national institutions, he demonstrated how younger generations bring idealism, agility, innovation, and risk-taking—qualities essential for competitiveness—while older generations contribute emotional intelligence, institutional memory and a heightened sense of danger. He emphasized that progress requires blending these strengths through deliberate structures: fair representation of youth in boards and executive spaces, shared decision-making, reverse mentorship, and an institutional culture that values every generational perspective.
Eng. Dr. F.F. Tusubira (Centre) poses with an oil painting of the Main Building presented to him by Prof. Frank N. Mwiine (Left) and Prof. Edward Bbaale after he delivered the keynote address.
Dr. Tusubira also highlighted the urgent need for education reform, criticizing the continent’s entrenched “learning to pass exams” culture and calling for systems that cultivate creativity, problem-solving, and technical capability. He cautioned that without investing in human capital, digital literacy, and inclusive innovation ecosystems, Africa risks losing the very foundation of future competitiveness. His message was clear and powerful: intergenerational leadership is not optional—it is a survival strategy for institutions, businesses, and nations, especially in an era where, as he quoted, “it is not the strongest who survive, but those most responsive to change.”
The lecture was further enriched by an engaging panel discussion, which was moderated by Prof. Edward Bbaale, the Principal, College of Business and Management Sciences. He opened the discussion by deliberately centering today’s students and emerging leaders, framing the session as an intellectual reflection on the life, values and legacy of the late Prof. Emmanuel Tumusiime-Mutebile. He positioned the lecture’s theme — Shaping Africa’s Future: Intergenerational Leadership, Economic Resilience and the Power of Innovation — as urgent and practical, and introduced a cross-disciplinary panel whose expertise mirrors that urgency: Eng. Dr. F. F. Tusubira, Mr. Charles Mudiwa the Managing Director Dfcu Bank, and Prof. Faisal Buyinza the Ag. Dean, School of Economics.
Left to Right: Moderator-Prof. Edward Bbale with Panelists-Prof. Faisal Buyinza, Mr. Charles Mudiwa and Eng. Dr. F.F. Tusubira.
Prof. Bbaale’s moderation enabled panelists to offer guidance on structural and cultural barriers to youth inclusion, the role of institutions in building resilience, and how academia, industry and policy can work together to turn innovation into jobs and scalable solutions — all the while reserving time for direct audience engagement and practical policy takeaways. Collectively, the panelists urged dismantling age-biased barriers and credential rigidities, creating new entry points and “tables” for youth leadership, scaling finance and training for startups and agribusiness, reforming pedagogy to prioritise skills and creativity, and deepening public-private-academic partnerships so innovation becomes inclusive growth rather than isolated experimentation.
The Family’s heartfelt appreciation
Mrs. Betty Tumusiime-Mutebile delivered heartfelt closing remarks, offering gratitude on behalf of the family and the Tumusiime-Mutebile Foundation. Speaking with deep emotion, she reflected on the late Professor’s character—his honesty, humility, hard work, and unwavering commitment to service above self. She thanked Makerere University, the Bank of Uganda, the Foundation’s leadership, and the many friends and colleagues who have continued to uphold his legacy, noting that although nearly four years have passed since his departure, his memory remains vivid and powerful for the family.
Mrs. Betty Tumusiime-Mutebilie.
She recalled his devotion to both his public duty and his home, sharing personal stories of his leadership within the family and his steadfast faith that shaped their daily lives. Mrs. Tumusiime-Mutebile also highlighted the Foundation’s ongoing work in youth skilling, ethical governance, and private-sector development—initiatives rooted in his own vision. She concluded by inviting continued partnership to sustain the legacy he built, and led the gathering in singing his favourite chorus, a tender tribute to a man whose influence, she said, endures through the lives he touched.