A screenshot of the Principal Investigator-Dr. Anthony Tibaingana (R) and members of the research team (L) during the Mak-RIF dissemination event on 11th December 2020, CoBAMS, Makerere University, Kampala Uganda.
According to research conducted by a team from the College of Business and Management Sciences (CoBAMS), Makerere University and partners, entrepreneurs with secondary education were more likely (69%) to start new businesses after skilling compared to those with either primary or post-secondary education. Additionally, 70% of female entrepreneurs started one business after attending a skilling programme compared to 30% of their male counterparts. The findings were revealed at a research dissemination event held on Friday 11th December 2020 at CoBAMS and hosted live on ZOOM.
The research team led by Dr. Anthony Tibaingana was also made up of Dr. Faisal Buyinza, Mr. Emmanuel Ssemuyaga and Ms. Catherine Tumusiime from CoBAMS. Mr. Ronnie Mulongo from the Private Sector Foundation Uganda (PSFU) and Ms. Rita Atukwasa from the Institute for Social Transformation (IST) completed the team. The research which focused on exploring “The Impact of Skilling the Youth and Women in Household Enterprise Start-Up and Performance in Uganda” was funded by the Government of Uganda under the Makerere University Research and Innovations Fund (Mak-RIF).
The data that informed these findings was collected by the research team through surveys and face-to-face interviews in the districts of Kampala, Mukono and Wakiso where skilling Uganda programmes under PSFU, Enterprise Uganda, Uganda Industrial Research Institute and The Africa Institute for Strategic Animal Resource Services and Development (AFRISA) are implemented. The study that began in December 2019 successfully concluded in August 2020 despite the challenges posed by the COVID-19 pandemic and resulting Government guidelines that imposed a lock down and other mitigation measures.
The study objectives were to; identify the methods used in transferring skills, evaluate the contribution of skilling to the start-up of businesses, examine how the training is influencing the performance of existing businesses and examine the strategic interventions on start-ups and performance. Anchored on National Development Plan III (NDP III)’s goal “To Increase Average Household Incomes and Improve the Quality of Life of Ugandans”, the study was also conducted in line with Sustainable Development Goals (SDGs) 1-No Poverty, 8-Decent Work and Economic Growth and 9-Industry, Innovation and Infrastructure.
Presenting some of the findings on selected determinants of start-up, Dr. Tibaingana shared that the per annum average profit for start-ups in the study areas was approximately UGX 276,000 with a maximum of UGX 8 Million reported. “This tells us that much as they are small, these start-ups are making some degree of profit and if they are well supported, they can become bigger and support the Government in its Vision 2040.”
Regarding proprietorship, the results showed that while the majority of businesses (61%) were solely owned, only a dismal number (1%) were registered as Private Limited Companies while partnerships accounted for 29%. The average age of business owners was 32.6 years while the maximum reported age was 72 years.
On a rather good note for the Government and implementing agencies, 92% of respondents attributed the source of their business ideas to the skilling programmes. Buoyed by this finding, Dr. Tibaingana said, “The Government needs to invest more money into skilling because it is helping us to get more business ideas.”
Some of the participants who physically attended the research dissemination held on Friday 11th December 2020.
Delving deeper into the skills acquired during training by education level, the findings revealed that entrepreneurs with secondary dominated the skills acquisition. 59% of them acquired business creation skills, 58% acquired production skills, 51% marketing skills and 50% business management skills. Only 14%, 21%, 17% and 25% of entrepreneurs with primary education acquired the same skills respectively. The skill type reported as most acquired by those with post-secondary education was marketing at 32% while the least acquired was production at 21%.
Skilling methods play an important role in any learning endeavour. The stakes are even higher in an era where start-up capital is hard to find; the methods must guarantee knowledge acquisition and retention if start-ups are to make it past their second year of existence. Thankfully, role play was the most used method at 56% followed by the lecture at 27% and practical at 17%.
At the end of the dissemination, the research team made some policy recommendations. These included;
Government measures aimed at easing business registration, access to external start-up capital and business training should be encouraged to promote investment in enterprises that are starting up.
Skilling centres should be spread throughout the country so that entrepreneurs in rural areas can also benefit.
Training syllabus should be developed to accommodate a calibrated training for all.
Training materials should be made available to aid the practical method which is critical in skilling
Business partnerships and limited companies should be encouraged to enhance big start-up businesses as potential sources of gainful employment and enterprise performance.
On behalf of the Principal Dr. Eria Hisali, the Deputy Principal CoBAMS, Dr. Bruno Yawe thanked Dr. Tibaingana, Dr. Buyinza and the research team for conducting the study on an important aspect of Uganda’s education sector. He equally thanked Mak-RIF for sponsoring the study and in a special way thanked Dr. Godfrey Akileng, the Dean School of Business, CoBAMS for providing the leadership that has enabled research to thrive.
Representing Mak-RIF, Dr. John Mutenyo a Member of the Grants Management Committee (GMC) commended Prof. William Bazeyo for his efforts in ensuring that the University secured funding from the Government to specifically support research and innovations. He equally appealed to Dr. Tibaingana and the research team to write more proposals when the next call is advertised.
Poor households in low-income countries face numerous risks, from extreme weather events to illness and crop failure. With limited savings and assets, even small shocks can have devastating consequences on welfare. While formal insurance products can potentially help mitigate these risks, their uptake remains remarkably low among rural smallholder farmers, who instead primarily rely on informal risk-sharing networks. This pattern persists despite evidence suggesting that informal insurance mechanisms provide incomplete coverage against shocks. These shocks translate into shortfalls in income and consumption (Karlan et al. 2014, Morduch 1999).
Studying the impact of insurance on farmers’ economic behaviour
In Nanyiti and Pamuk (2025), we focus on smallholder farmers in rural Uganda and examine how different insurance arrangements affect their economic behaviour and decision-making. Uganda provides an ideal setting to explore these questions, as only 1% of adults have formal insurance coverage, despite 67% of households depending on agriculture for their livelihoods. By comparing behaviour under formal insurance (provided by registered companies) versus informal insurance (peer-to-peer transfers), we gain insights into why formal insurance uptake remains low and how farmers respond to different risk management options.
Using a real effort task experiment, we investigate whether the incentives created by these different insurance arrangements influence productivity and risk management decisions. Our findings reveal important behavioural responses that help explain observed patterns in insurance uptake and suggest potential approaches for improving the design and adoption of formal insurance products. We find that farmers exerted less effort under informal insurance but not under formal insurance coverage, and increased their level of formal insurance coverage after experiencing a bad outcome.
The Principal, College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale participated in the Partnership for Action on Green Economy (PAGE) Academy in Rabat, Morocco, from 21 to 23 May 2025. The Academy, themed “Financing a Just Transition to Green and Circular Economies,” convened representatives from PAGE countries across the region.
It was designed to enhance knowledge and promote innovative, inclusive mechanisms for financing and implementing green and just transitions in Africa. The event provided a vital platform for peer learning and knowledge exchange, drawing on best practices and African case studies.
Prof. Bbaale participated in Master Class 3, which explored strategies and partnerships for scaling up training in green and inclusive finance. The session highlighted regional policy trends, rising demand for relevant skills, and importance of collaboration among governments and financial institutions.
Prof. Bbaale contributed to discussions on two critical issues:
How economics departments are adapting curricula to respond to the evolving field of green and, inclusive finance and,
The role of academic research in shaping green financing instruments and supporting reform efforts.
The Principal shared how Makerere University has taken a proactive, multidimensional approach to embedding green and inclusive finance into its economics curriculum. This includes a strong emphasis on technical modelling skills, policy relevance, and cross-disciplinary learning. He highlighted that Makerere is emerging as a regional leader in climate-informed economics education, positioning itself to contribute meaningfully to Africa’s green transition.
On Friday 23rd May 2025, a delegation from the African Economic Research Consortium (AERC) visited Makerere University to strengthen partnership with the School of Economics through re-engineering economic research, capacity building, policy formulation and collaboration to impact Africa’s development and transformation.
The Engagement meeting focusing on shaping Africa’s future in research and development brought on board academic and administrative staff from the School of Economics under the College of Business and Management Sciences (CoBAMS) and the AERC delegation comprising: Prof. Victor Murinde-Executive Director, Dr. Charles Owino-Manager of Strategic Partnerships and Resource Mobilisation, Ms Anna Owino-Personal Assistant to the Director and Ms Veronica Nanyanzi from State House-Uganda.
Underscoring the importance of the engagement meeting, Prof. Murinde said, “Following the keen observation of the recent global economic shifts and geopolitical uncertainty, the AERC seeks strategic partnerships with African governments and institutions to chart the roadmap through research and co-production of evidence-based economic solutions.”
Following the theme, Understanding the future of research and training collaboration with AERC, Prof. Murinde explained that the interaction also presents an opportunity to discuss the AERC Strategic Plan (2025-2035) titled, “Re-inventing the AERC for Delivering Africa’s Economic Prosperity, in which AERC is embarking on a comprehensive reform agenda, designed to strengthen research excellence, enhance policy impact and secure long-term institutional sustainability.
Prof. Victor Murinde, Executive Director of AERC (Left) and Prof. Ibrahim Mike Okumu, Dean, School of Economics (Right).
Concerned about the visibility and recognition of African researchers, Prof. Murinde reported that AERC will ensure that they are acknowledged with their names included in the publications. On the issue of network membership, EARC is considering the following categories: The distinguished service award, AERC Fellows, AERC Associates, and AERC Affiliates.
Distinguished service award-Presented to those individuals who started the work in 1988
AERC Fellows-Researchers who are active in research and capacity building
AERC Associates-For Mid-Career researchers
AERC Affiliates-For Masters’ and PhD students
The AERC was established in 1988, when a group of African scholars and Africanists voiced concern over the disconnect between economic research and policy formulation in Africa. According to the Executive Director, the founders of AERC observed that much of the existing economic research was either inapplicable to Africa’s economic challenges or inadequately utilized in local policymaking. Consequently, the group conceptualized a framework for fostering high-quality economic research tailored to Africa’s specific needs.
The collaboration between the AERC and Makerere University through its School of Economics started in 1988, and has led to impactful economic research in Africa, notable publications, increase in the number of faculty with PhDs at the School of Economics as well as mentorship.
Acknowledging Makerere University School of Economics as a key stakeholder in AERC, Prof. Murinde said, “Without your participation over the last 37 years, AERC would not be here.”
Some of the staff participating in the engagement meeting.
The Executive Director described AERC as a network of members and universities focused on providing evidence based research for policy making in Africa. Stating the key achievements, Prof. Murinde said, “A framework has been put in place to conduct research and collaboration, with AERC providing a network to work with economists across Africa. He added that the AERC has linked up the various Deans in the Member Universities in Africa both in research and the common programmes that they conduct.
Reflecting on the AERC’s journey, he noted that in 1988, the School of Economics could mention one or two members of faculty with PhDs. Over the years, with AERC’s support to research and capacity building, the School of Economics has built a critical mass of faculty with PhDs. He highlighted that some Ugandan economists have worked with the EARC Secretariat and the EARC Board. He pointed out that the most active Ugandan economists in the AERC network are based at the following entities: Makerere University (School of Economics, College of Business and Management Sciences), Bank of Uganda, Economic Policy Research Centre (the think tank), Ministry of Finance, Planning and Economic Development, National Planning Authority, Ministry of Trade, Industry and Cooperatives, and Uganda Development Bank.
In his remarks, the Dean of the School of Economics, Associate Prof. Ibrahim Mike Okumu credited AERC for its continued collaboration, which has significantly contributed to the growth of the School. He appreciated EARC for supporting research, scholarships provided to Masters’ and PhD fellows, support for ICT infrastructure development, and contribution towards the construction of the School of Economics building.
Stressing AERC’s contribution to research at the School of Economics, Prof. Okumu said, “AERC provided opportunities to ‘fresh’ fellows to write proposals. AERC would focus on building the idea. AERC has nurtured most of us into professional researchers/scholars.”
Engagement meeting in session.
The Dean disclosed that in addition to research, some of the personalities nurtured by AERC took on academic leadership positions and have significantly contributed to the growth of the College/School. Some of the personalities include: Prof. John Ddumba-Ssentamu-former Principal and Vice Chancellor of Makerere University, Prof. Eria Hisali-former Principal of the College, Prof. Bruno Yawe-former Deputy Principal, Prof. Edward Bbaale-Principal of the College, Dr. Sarah Ssewanyana-Executive Director, Economic Research Policy Centre, and among others.
Presentation of the AERC strategic plan (2025-2035)
The remarks set the pace for the gist of the engagement meeting, which focused on presentation of the areas of transformation and the new research programmes respectively.
In the presentation, Prof. Murinde explained that AERC was reconfiguring its strategic direction in 2025-2035, to concentrate on the key strategic reform options organized around eight (8) core areas. They include: Research Offerings, Graduate Training, Policy Engagement for research impact, The Consortium structure and governance, Entrenching network membership, Enhanced resource mobilization for financial sustainability, Geographical inclusion, and Possible risks to the planned reforms and how to mitigate them.
Regarding the policy engagement for research impact, Prof. Murinde noted that the ground had shifted with policy makers advocating for the need to embed research into their operations. He reported that the governance structure was going to change to a more inclusive and participatory approach bringing on board stakeholders in research and capacity building.
Prof. Murinde highlighted that the new strategic plan would focus on the following new research programmes:
Security, Governance and Economic Fragility in Africa
Industrial Policy and Growth Strategies in Africa
Unlocking Africa’s Digital Potential for Economic Prosperity
Africa in a Changing World: Jobs through Trade and AfCTA
Informal Cross Border Trade (ICBT) in Africa: measurement and welfare of women, youth and their families
Human Capital, Labour Markets and Migration
Climate Change: Food Systems, Climate Finance, Climate Risk and Resilience
Africa’s Trade and Investment Strategy on China
Macroeconomic Modelling, Management and Policy Reform
Input into the AERC Strategic Plan
The participants observed that the proposed linkage between policy makers and the private sector as well as the approach of co-designing research with policy makers, would contribute significantly to research uptake.
L-R: Ogwal Denis, Proscovia Taaka and Diphus Tugume, Graduate Students participating in the Engagement meeting.
Discussing the new research programmes, the participants suggested that AERC incorporates the following aspects: Integration of Natural resources management into economic modelling; Environmental Management; Interlinkages of Youth unemployment and the Green economy; Value Chains and Emerging threats such as fake products; Urbanisation; Youth and Substance Abuse; Health economics; the Informal Sector; and Agricultural Production.
Voices of the Graduate Students
Contributing to the discussion, the graduate students namely Proscovia Taaka, Diphus Tugume and Denis Ogwal urged AERC to continue supporting the collaborative Masters programme (CMAP) in Economics.
Way forward
Prof. Murinde thanked the participants for the valuable contributions that will definitely enrich the AERC strategic plan. He indicated that some of the proposed themes/ideas, would be considered as work streams within the different research programmes. The future is centered on PhD students at Makerere University and other member Universities formulating research questions in line with the new research programmes. AERC is working on a database of researchers in Africa to facilitate speed-dating in research. AERC plans a twinning programme for African universities, which will enhance joint supervision for PhD students. He pointed out that on completion of the PhD, there will be an opportunity for a post-doc Fellowship. He emphasized that researchers who win “big” projects will be encouraged to have work streams. He revealed a plan for each School of Economics in Africa to access publications across the entire membership.