October 16, 2025: “Salaries alone rarely make people wealthy. Financial growth comes from savings, investments, entrepreneurship and innovation. Those who invest collectively in ventures, saving clubs or small businesses, pool resources for projects, and often live comfortably and educate their children with ease,” said Mr. Sulaiman Kiggundu, the Director-Budget Office at the Parliament of Uganda, during a guest lecture at Makerere University.

Stressing that growing old is not an option, Mr. Kiggundu called upon Ugandans to build their income portfolio through savings and investments so as to enjoy retirement.

Themed, Building Wealth and Securing the Future: Smart Investment and Retirement Strategies for Every Stage of Life, the Lecture organized by the Centre for Teaching and Learning Support at the College of Education and External Studies, attracted both physical and online participants.

Held on 16^th October 2025, the lecture presented to both staff and students, practical pathways to financial independence and retirement planning. The lecture provided a platform to gain essential knowledge on saving, investing wisely, and preparing for a secure financial future.

The Guest Presenter, Mr. Kiggundu delivered an inspiring keynote presentation, blending personal experience with tested and proven financial undertakings/ventures. Mr. Kiggundu is a Ugandan who has accumulated wealth through savings and investments. He is also an investment champion.

During the lecture, Mr. Kiggundu explained that wealth is broader than money-it is independence and choice. He highlighted four key drivers of wealth: Education and Skills, Savings and Investments, Entrepreneurship and Innovation; Discipline and Patience.

Reinforcing a vital message that true wealth is not merely earned, Mr. Kiggundu stressed that wealth is intentionally built through discipline, informed choices, and consistent planning.

“Uganda’s future belongs to those who plan wisely and invest patiently. Your future is determined by what you do today, not tomorrow,” he stated.

With reference to Kenya, Mr. Kiggundu revealed that every Kenyan belongs to a SACCO. However, it is a different scenario in Uganda. “Most Ugandans have a poor saving culture. They have a habit of spending all their income. This is the source of all problems. You must change your attitude,” he advised.

He challenged the participants to listen to the inner voice, and respond to the following questions: Are you insured?  Is your house insured? Do you belong to an investment club? Do you have an automated saving system or a side hustle? Is there an idle piece of land that you could develop?

He urged Makerere University staff to join investment clubs, trusted saving groups, track and monitor their savings in mandatory retirement schemes, acquire investment advisors, and to avoid social obligations that overstretch their income.

He specified some of the common money traps to avoid, including: borrowing to impress, ignoring insurance, mixing family and business money, joining get rich schemes, and not having an emergency fund.

Articulating the importance of investment advisors, he noted that professors and professionals, always engage lawyers and consultants, but forget to hire investment experts, who would guide them on the most viable investments or businesses.  Mr. Kiggundu called upon staff and students to emulate the people in Europe, and /or football players, who earn money, but have professional investment advisors.

Mr. Kiggundu highlighted some of the investment vehicles in Uganda. These include: Bank savings and fixed deposits (low risk, low medium returns), treasury bills and bonds (via Bank of Uganda and bond markets), Uganda Securities Exchange, SACCOs Village savings and Loan Associations and microfinance institutions, Real Estate (to let, plots for development) and agribusiness investment, Pension and retirement schemes (NSSF and private retirement plan), Unit trusts, investment funds, and fintech platforms (select regulator providers), digital skills and side hustles.

Reflecting on his career and life journey from a teaching assistant to his current role, Mr. Kiggundu emphasized that financial security is cultivated through disciplined saving, strategic investment, and thoughtful planning.

Mr. Kiggundu shared invaluable lessons on savings, investment, and retirement planning, stressing that financial literacy is a lifelong journey. He encouraged participants to adopt a mindset where income minus expenses equals savings and investments—allowing money to work for them. He cautioned against living beyond one’s means, highlighting that overspending erodes financial stability regardless of income. Budgeting, automated savings, and prioritizing long-term goals, he noted, are key to building wealth.

“Over the years, I have interacted with various professionals, including public servants and legislators. Some have transitioned into retirement successfully; others have struggled. The difference often lies in one’s mindset about money. Traditionally, people believe that income equals existence—you earn, spend, and survive. But the smarter mindset is that income minus expenses equals savings and investment. The goal is not to work for money alone, but to let money work for you.”

Highlighting the role of entrepreneurship, Mr. Kiggundu shared examples from his personal experiences with investment groups and collective ventures such as tree planting, which generated substantial passive income. He emphasized that while salaries provide stability, wealth grows through diversified investments and long-term projects, strategic land purchases, and real estate.

He offered practical advice to participants including starting small with savings, building emergency funds, joining investment clubs or SACCOs, and seeking professional guidance before committing to investments. He highlighted the need for insurance, writing wills, and separating personal/family from business finances as crucial safeguards.

To the young professionals, Mr. Kiggundu advised them to develop skills and take on side hustles, emphasizing independence and smart resource management. For mid-career individuals, he recommended consolidating finances and preparing for retirement while maintaining disciplined lifestyles-free of unnecessary debt. He underscored patience, consistency, and informed decision-making as pillars of sustainable wealth creation.

Some of the leaders who graced the lecture with their personal presence include: The Principal of the CEES-Professor Anthony Muwagga Mugagga, the Dean of the School of Education-Associate Professor Mathias Mulumba Bwanika, and the Director of the Centre for Teaching and Learning Support-Dr. Dorothy Sebbowa.

Prof. Anthony Mugagga, CEES Principal shared a compelling story of how small, but consistent investments can yield life-changing results. He revealed that while at the university, as a student in the 1980s, he engaged in modest business ventures such as buying and selling reams of paper. These humble beginnings allowed him to purchase a plot of land in Namugongo for UGX 350,000 in 1990, now valued at over UGX 1.5 billion.  “It was small money then, but it taught me the power of saving and investing early,” he revealed.

Prof. Mugagga reflected on financial disparities, contrasting the struggles of some highly paid professionals with the resilience of lower-income earners. “I have seen professors who worked with the World Bank and IMF returning home with dollars and pounds, only to struggle because they never invested wisely,” he observed. “Meanwhile, a primary school teacher earning 215,000/= manages to survive. The difference lies in discipline and planning.”

He candidly shared lessons from ventures that proved challenging, such as investing in the transport sector- owning taxis and boda-bodas, cautioning younger generations to make informed choices. “At my age, I have learned that wealth is built on patience, wisdom, and good advice. Younger people still have time to correct where we went wrong.”

Associate Professor Mathias Mulumba, Dean of the School of Education, underscored the universal relevance of the discussion. He emphasized that the session was valuable not only for those nearing retirement, but also for newly appointed staff, and students yet to begin their professional journeys.

He likened salaried employment to standing on a stage: a time of recognition, admiration, and responsibility, “but no one remains on that stage forever. What matters is what we have prepared for that moment.” He urged participants to take actionable steps from the guest lecture.

Dr. Dorothy Sebbowa, Director of CTLS and Senior Lecturer at CEES, acknowledged Dr. Charles Kyasanku and Dr. Badru Musisi for moderating the session.

Dr. Sebbowa stated that developing sound financial habits is crucial at every stage in life. She explained that the session aimed to empower participants with tools for long-term financial security.

“Understanding how to make informed financial choices and prepare for retirement at every stage of life empowers individuals and communities. Whether you’re starting your career, at mid-level, or approaching retirement, developing sound investment and financial planning habits is key to long-term stability and security.”

Dr. Sebbowa provided an overview of CTLS, describing it as an innovation hub dedicated to enhancing teaching and learning through learner-centered pedagogies and continuous professional development. The Centre promotes transformative teaching, entrepreneurship, communication skills, and soft skills development, aligned with Uganda’s national development goals, through partnerships both locally and internationally.

Dr. Sebbowa reaffirmed CTLS’s dedication to supporting educators, learners, and professionals with innovative and practical learning solutions. She commended the College leadership for their support and extended appreciation to participants for demonstrating commitment to continuous learning and responsible financial stewardship.  

Makerere University has signed a five-year Memorandum of Understanding (MoU) with the International Rescue Committee to formalize undertakings in research, innovation & partnerships.

Signed in September 2025 by the Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe and the Country Director, International Rescue Committee,  Mr. Elijah Okeyo, the MoU provides a framework to implement research intensive programmes, promote innovative teaching and learning, internationalization, and contribute to societal transformation.

According to Mr. Okeyo, the MoU re-affirms Makerere University as the academic partner of the International Rescue Committee (IRC). “This MoU formalizes IRC’s working relationship with Makerere University. This framework empowers both institutions to tap into opportunities together. We believe in equal partnership. Makerere University commits to being our partner in research to contribute to evidence based humanitarian undertakings,” he said.

Under this collaboration, Makerere University and IRC will work on developing child-centered learning resources, innovative curricula, and policy-relevant research to enhance the quality of education in crisis-affected regions.

At Makerere University, the MoU brings on board, the College of Education and External Studies (CEES), Makerere University Institute of Teacher Education and Research (MITER), and the Early Childhood Care and Education (ECCE) Research Centre.

To concretize the MoU, the Principal of the College of Education and External Studies, Prof. Anthony Muwagga Mugagga convened a partnership meeting on Friday 12th September 2025  involving a delegation from the International Rescue Committee (IRC), Dr. David Kabugo, the Deputy Director of Makerere University Institute of Teacher Education and Research (MITER),  and Ms. Ritah Namisango, the Principal Communication Officer.

The delegation from the International Rescue Committee (IRC) consisted of the following: Mr. Elijah Okeyo-Country Director, Mr. Vincent Wanyama-Senior Program Development and Quality Coordinator,  Mr. Richard Omasete-Policy and Advocacy PlayMatters, and Ms. Janet Nambuya-Grants and Partnerships Coordinator.

The MoU focuses on the following areas of interest: Early Childhood Development, joint research and capacity building in education, the plight of refugees and the host communities, humanitarian aid, as well as, evidence based research to inform the education policy.

In line with its mandate, IRC brings onboard, its unmatched expertise in helping children in crisis-affected areas. The MoU therefore positions both institutions to undertake a leading role in the protection of children and families through evidence based research, access to education, and humanitarian undertakings.

Dr. Kabugo, the Deputy Director MITER, noted that the MoU opens new opportunities for joint efforts in research, training, and policy. He said: “We are committed to co-designing practitioner research, engaging in professional development, and generating evidence to guide the education policy in Uganda and beyond.” Dr. Kabugo explained that this partnership builds on years of cooperation between CEES and IRC, especially in child-centered methods such as play-based learning.

Prof. Mugagga described the MOU as a practical framework that connects Makerere University’s research with IRC’s field experiences. He stated that the College of Education and External Studies (CEES) conducts programmes focused on the future of the young people through training and empowering students/teachers. He articulated that the College significantly impacts on the education sector through delivery of quality academic programmes and research under the School of Education, School of  Distance and Lifelong Learning, and the East African School of Higher Education Studies and Development.

“Our strongest synergy is education and early child-focused care,” Prof. Mugagga emphasized. He revealed that the collaboration presents CEES with a strong and reliable partner (IRC), which stands for protection and the well-being of children and families. “Through this MoU, both CEES and IRC, will significantly contribute to improving education for children, families, and communities impacted by conflict and crisis.”

Prof. Mugagga commended IRC for the earlier support and expertise extended to the College in the development of the early childhood centre, and working together to provide valuable input during the Ministry of Education and Sports’ consultative process that led to the Early Childhood development policy.

Reflecting on the increasing number of refugees enrolling for studies at Makerere University, Prof. Mugagga  said: “ IRC has come at the right time. The College will tap into the IRC expertise to teach our staff and learners components in refugee education. They will equip our students and teachers with knowledge and skills in refugee education. Some of our students will cooperate with IRC to undertake research in refugee settlement and host communities.”

Prof. Mugagga implored both MITER and IRC to undertake research and develop modules on refugee education, parenting, re-tooling street children, integration of a health component into the curriculum, and management of truamatised students/learners who come from areas affected by war, conflict and crisis.

On the issue of play materials, Prof. Mugagga stressed that already made play materials derial creativing. “Both CEES and IRC should work towards a context that empowers children and learners to ignite their creative potential by developing home-made play materials,” he submitted.

About IRC

Stating a brief profile history about IRC, Mr. Okeyo explained that IRC is a global non-profit organisation that provides humanitarian aid and assistance to people affected by conflict and disaster. IRC has been active in Uganda since 1998, originally assisting displaced populations in Northern Uganda and later expanding its efforts to refugee settlements and urban areas.. Currently, IRC operates more than 35 health facilities in refugee settlements and runs a variety of programs in health, education, protection, and economic recovery. IRC also undertakes projects focusing on early childhood development, prevention of gender-based violence, and protection of refugees and families.

On 6^th August 2025, the College of Education and External Studies (CEES) held a lively orientation ceremony to equip new students with the requisite knowledge required to gain a deeper understanding of the College structures, academic programmes, services, and, its contribution to the University’s core functions of teaching and learning, research and innovations, knowledge transfer partnerships, and community engagement.

The College consists of three (3) schools namely, the School of Education, the School of Distance and Lifelong Learning, and the East African School of Higher Education Studies and Development. The College wide orientation brought onboard first year students from the respective Schools who filled Makerere University Yusuf Lule Central Teaching Facility Auditorium and its gallery to the brim.

Organised by the College Administration, the 91^st College Guild Council (CGC), and student leaders at the College, the Orientation featured presentations from the Office of the Principal, Dean of the School of Education, Dean of the School of Distance and Lifelong Learning, College Registrar, College Bursar, College Librarian, College Communication Office, College Chief Custodian, Makerere University Counselling and Guidance Centre, and Directorate for ICT Support (DICTS). The students also listened to highlights from student leaders, presentations on Safeguarding, the Emerging Leaders Program, and participated in an interactive question and answer session.

The College Principal, Prof. Anthony Muwagga Mugagga represented by the Deputy Principal, Prof. Ronald Bisaso, congratulated the new students upon joining Makerere University, a renowned hub for academic excellence, research and innovations.

Citing the ongoing implementation of the competence based education in Uganda and beyond, the College Principal challenged the new students to study the trends in order to tap into the opportunities and networks. He advised the students to re-position themselves as a new breed of teachers, professionals and change agents focused on societal transformation by positively impacting learners.

“You have joined the College, at a time, when the Government of Uganda through the Ministry of Education and Sports, the National Curriculum Development Centre, Makerere University, and other reputable partners, are implementing Competence Based Education (CBE) at the Secondary levels, national teacher training institutions, and at the university level. You should position yourself to play a central role in the delivery of competence based education at the different levels of the education system,” he stated.

The Principal urged the new students to concentrate on academics, build positive networks, form discipline specific discussion groups, actively participate in College and University-wide activities.

Speaking in his capacity as the Deputy Principal, Prof. Bisaso outlined three (3) pillars that would enable the first year students to excel in academics.  “If you wish to earn your degree and graduate with excellent grades, prioritize classroom learning, independent research and practical internships. This should be coupled with maximum engagement in learning, regular attendance and meeting of set deadlines,” said Prof. Bisaso.

Convinced that quality education begins with quality educators, the Deputy Principal guided students to invest time and resources to become quality teachers.  He counselled them to embrace digitalization and e-learning, seek mentorship from those who have excelled in life, acquire professional skills, and adopt acceptable societal values and standards.

Prof. Bisaso encouraged the new students to take on leadership positions within the College and at the University level.  “I recognize the College Guild Council, Makerere University Education Students Association (MESA) and other structures within the College that present our students with leadership opportunities. I charge you to take on leadership positions such as Class Representative, Discipline specific association leadership slots, among others. You should be a holistic student gifted in academics, leadership and other aspects of life at campus,” he remarked.

In the same vein, he recognized the Chairperson of the 91^st College Guild Council (CGC), Hon. Samuel Asingya and his team, student associations such as MESA, for working in partnership with the College administration to host a successful orientation ceremony.

Delivering his remarks, the Dean-School of Education, Associate Prof. Mathias Mulumba Bwanika notified the first year students that Uganda needs educators who will inspire the future workforce.

Emphasizing the importance of attaining a good class of degree, Associate Prof. Mulumba Bwanika said: “Admission into the University is only the start – the real challenge is graduating with a degree that reflects your true potential.”

To achieve the desired outcome, Associate Prof. Mulumba Bwanika advised the students as follows: “You should have a work plan. Plan your day, week and semester. Attend all your lectures, read ahead of your lecturer, undertake research on different topics, form discussion groups, be punctual and disciplined.”  He encouraged the first year students to consult and engage the Heads of Department, Subject and Program Coordinators, the College Administration and student leaders.

Tasking the students to consider joining the academia (teaching staff), research and the administrative arms of the University in future, he reminded the audience that he too was once a student. He testified that he was one of those students who focused on academics, and over the years, he is reaping the fruits of hard-work, discipline, and resilience. 

He re-affirmed Makerere University’s zero-tolerance for sexual harassment, when he said: “No student should feel pressured to compromise their values.  I request you to read the Policy and Regulations against sexual harassment, and the Makerere University Safeguarding Policy.”

Highlighting Makerere University’s strong academic support systems, the Dean, School of Distance and Lifelong Learning, Dr. Harriet Nabushawo, urged the students to effectively utilize the teaching and learning facilities in their academic pursuits.  She reported that the School houses the Department of Open, Distance and e-Learning, which is championing e-learning and digital pedagogies.

The Dean mentioned that the School prioritizes student affairs through an open communication approach, involvement and engagement. She called upon students to have a positive attitude towards voluntary work, and cited Mr. Oscar Kizito, who accepted to volunteer at a very short notice, to provide sign language interpretation services at the orientation. She noted that this gesture alone had made him known to a wider audience, who wouldn’t hesitate to recommend his sign language interpretation services, when the opportunity arose. Dr. Nabushawo therefore called upon students to seize every opportunity and get the best out of it.

Representing Mr. Henry Nsubuga, the Deputy Chief of Counselling and Guidance Services, Ms. Rosemary Nalwanga, a Senior Counsellor, implored the students to have a sense of purpose. “Life is more than a degree. You need to learn other skills outside your degree. Be cooperative,” she guided.

On the issue of building positive relationships, Ms. Nalwanga advised students to acquire good friends. “Positive friends impact your future,” she stated.

Ms. Nalwanga explained that the Counselling and Guidance Centre exists to ensure that the emotional wellbeing of students is catered for.  “I advise you not to take drugs. If you have any fears that you have failed to control, please come to Makerere University Counselling and Guidance Centre.”

Delivering her remarks, the College Registrar, Mrs. Joanna Kayaga Kiwana introduced the School Registrars present namely Ms. Molly Nantongo and Ms. Sandra Ampiire. The College Registrar tipped the first year students on academic policies, registration procedures, change of course guidelines, among other key aspects. She underscored the importance of timely registration. “Without registration, you are not an eligible student. You need to fulfill the registration procedures in order to access university services and facilities. Based on her experience, Mrs. Kayaga Kiwana reminded the students that their academic journey involves planning, discipline, listening to words of wisdom, holding on to your faith and being prayerful.

Ms. Ritah Namisango, the Principal Communication Officer, implored the students to participate in college events/functions, be goodwill ambassadors of the College, navigate the College website (https://cees.mak.ac.ug), and follow the College Social media pages, to be specific on X (formerly Twitter) on @MakCEES.

The College Bursar, Mr. Stephen Kayima, represented by Mr. Godfrey Wasikye sensitized students on the financial policies and payment guidelines. He appealed to students to adhere to the Fees Policy and the stipulated timelines. He stressed the need to document and keep a record of financial transactions during one’s academic journey, and urged the students to always consult the office of the College Bursar regarding financial obligations to the University.

On behalf of DICTS, Mr. Yunusu Musisi briefed the first year students on the different online academic and support systems. He appealed to the students to embrace digitization in order to utilise the systems. Mr. Musisi informed the students that the online systems are accessible and convenient. He requested them to always follow the social media platforms run by DICTS for instant messages including videos guiding students on how to use the particular systems such as the Makerere University e-Learning Environment (MUELE).

“MUELE helps students to access course materials, participate in online discussions and submit academic assignments virtually. The Makerere University students’ portal provides a platform for students to register, enroll for the semester, and keeps track of the students’ academic progress,” he reported.

On safety and well-being while on campus, Dr. Michael Walimbwa, a Senior Lecturer at CEES, and a Safeguarding Champion, described safeguarding as a means of protecting yourself and others from harm, exploitation and abuse. Safeguarding, he noted, stands for being safe, informed and empowered. Dr. Walimbwa tasked the students to read the Makerere University Safeguarding Policy, and to always report safeguarding concerns to the respective offices and safeguarding champions.

In her remarks, the College Librarian, Ms. Grace Akello presented the wide range of library services at the College. Regarding library users with special needs, Ms. Akello stated that the library team ensures that a member of staff is designated to provide sign language interpretation services.

The Chief Custodian, Ms. Agnes Nambuya emphasized handling University property entrusted to students during their studies with care. She requested the students to notify the Office of the Principal as well as the Chief Custodian, on matters pertaining to facilities and university property.

Presenting the Emerging Leaders Program (ELP) framework and its benefits, Ms. Laeticia Asasira and Hon. Miracle Nassazi sensitized students on character, leadership, values and embracing a purpose-driven lifestyle.  They rallied students to participate in the short trainings and activities organized by the ELP in order to be grounded in leadership, ethics, character building and formation.

The following university staff participated in the orientation ceremony: Prof. Ronald Bisaso-Deputy Principal, Associate Prof. Mathias Mulumba Bwanika-Dean of the School of Education, Dr. Harriet Nabushawo-Dean, School of Distance and Lifelong Learning, Mrs. Joanna Kayaga Kiwana-College Registrar, School Registrars (Ms. Molly Nantongo and Ms. Sandra Ampiire), Dr. Michael Walimbwa-Senior Lecturer, Mr. Vincent Muwonge-Coordinator BECE, Ms. Ritah Namisango-Principal Communication Officer, Mr. Emmanuel Lubega-Office of the Principal, Ms. Rosemary Nalwanga-Senior Counsellor, Mr. Godfrey Wasikye-Office of the College Bursar, Mr. Yunusu Musisi-DICTS, Ms. Agnes Nambuya-Chief Custodian, Ms. Grace Akello-College Librarian, and Mr. Moses Kibirango-Web Administrator.

The proceedings of the CEES Orientation were moderated by Ms. Ritah Namisango-Principal Communication Officer, assisted by student leaders namely Hon. David Ocola and Hon. Kenneth Mbabali.