The Vice Chancellor-Prof. Barnabas Nawangwe (2nd R), Stanbic Bank CEO-Ms. Anne Juuko (R), Ag. DVCFA, Dr. Josephine Nabukenya (3rd R) and other members of Central Management listen to DVCAA-Dr. Umar Kakumba (4th L) during the meeting on 12th April 2021, CTF1, Makerere University.
As Makerere University gears up for celebrations to mark 100 years of existence in the second half of 2022, a team from Stanbic Bank Uganda (SBU) led by Chief Executive Officer (CEO) Ms. Anne Juuko on Monday 12th April, 2021 held discussions with a special session of Central Management on how to deepen collaboration. Chaired by the Vice Chancellor, Prof. Barnabas Nawangwe, the session specifically provided a platform for Stanbic to showcase the non-banking services that Makerere can take advantage of in the quest to become a research-led university.
The special session was prompted by a prior engagements between the Acting (Ag.) Deputy Vice Chancellor (Finance and Administration)-DVCFA, Dr. Josephine Nabukenya and Ms. Juuko, wherein the latter expressed SBU’s interest in partnering with Makerere to deliver her ten year strategic objectives. The Vision for the ten year (2020-2030) strategic plan is “a thought leader of knowledge generation for societal transformation and development”.
“Makerere University’s first strategic goal to translate into a research-led university requires a lot of thinking through on how the different services can be rehabilitated into frameworks that support our vision” remarked Dr. Nabukenya.
The Ag. DVCFA was speaking in reference to the research and innovations ecosystem that needs to be created to ensure that Makerere’s research will over the next 10 years have demonstrable economic, environmental, health and social impacts.
The Vice Chancellor thanked the Ag. DVCFA for initiating the discussions with SBU, noting that this was timely and would help take advantage of the huge potential that the University has to offer. “Thanks to funding from the Government of Uganda through the Makerere UniversityResearch and Innovations Fund (Mak-RIF) we now have hundreds of innovations produced by the various research teams.”
“Our biggest problem at present is the lack of funds to commercialise these innovations. Uganda has no venture capitalists but I believe that with the resources that you (SBU) have, we can work together to help support these innovators” remarked Prof. Nawangwe.
Prior to making her presentation the CEO thanked Makerere University for the supporting SBU’s business thus far, as well as the ensuring that the two partners enjoy a quality relationship with each successive Management team. “We take extra pride when it comes to working with Makerere University,” she added.
Ms. Juuko said the reorganisation of SBU in 2018 to include a holding company (Stanbic Holdings Uganda Limited-SHUL) had enabled the entity to enhance the value of products and services offered to its customers. In addition to SBU, other SHUL subsidiaries; Stanbic Properties Uganda Limited, Stanbic Business Incubator Limited, FlyHub and SBG Securities. These, she noted, enable Stanbic to offer a broader range of services to staff and students beyond banking.
Reflecting on the signing of the Final Investment Decision (FID) on 11th April 2021, the CEO shared that SBU in line with its support for responsible investment through assessing and managing environmental, social and governance risks would take keen interest in oil production. “One of the hottest topics is that oil mining is going to take place in one of the most ecologically sensitive zones. How can we partner with Makerere to ensure that this is conducted in a sustainable way?” she pondered.
The CEO also brought to the attention of Central Management that SBU had in 2020 partnered with the United Nations Development Programme (UNDP) to launch the Youth4Business Innovation and Entrepreneurial Facility as an answer to youth unemployment. As a way forward, she added that Makerere would be brought on board to form a three-way conversation on how best to achieve the facility’s objectives, especially following disruptions to micro, small and medium enterprises (MSMEs) operations caused by COVID-19.
Other topics covered by the SBU presentation included; supporting the Makerere University Staff SACCO to grow their funds, Financial Fitness sessions for staff on how best to invest and grow their earnings, and a laptop loan scheme for staff and students where payments can be made over a period of two to three years. Also shared was how SBU is using data to reduce loan approval for customers to 120seconds as well as introducing alternative systems for making payments and receiving collections such as point of sale devices and virtual wallets tagged to customer phone numbers.
In some of the reactions that followed, the Deputy Vice Chancellor (Academic Affairs)-DVCAA Dr. Umar Kakumba thanked SBU for reaching out to Makerere and advocated for increased internship placements for students in the SHUL subsidiaries. He also called for collaboration at the training level.
“The staff at the College of Business and Management Sciences (CoBAMS) have in the past conducted financial literacy training for various organisations and are ready to partner with Stanbic as they reach out to various communities in their educational programmes,” added Dr. Kakumba.
Delivering the concluding remarks, the Vice Chancellor thanked the Ag. DVCFA for initiating discussions with SBU as well as the CEO and her team for sparing time to meet with Central Management. “Together, Makerere as the premier and largest University and Stanbic as the largest bank operating in Uganda can do a lot to transform this country.”
The parties agreed to formalise the collaboration by signing Memorandum of Understanding at a later date.
The two-week training programme aims to equip government officers with practical skills to assess project viability, manage investment risks and ensure public resources deliver value for money.
The Public Investment Management Centre of Excellence (PIM CoE) is strengthening the capacity of government officers to undertake financial appraisal and risk analysis of public investment projects through a two-week training programme designed to improve the quality of project preparation, appraisal and decision-making in Uganda.
The training, which started in Fort Portal on October 19, 2026, brought together participants from various government ministries, departments and agencies (MDAs), alongside facilitators from Makerere University, the Ministry of Finance, Planning and Economic Development, Cambridge Resources International (CRI), the National Planning Authority and the Uganda Development Bank.
Officially opening the training on behalf of the Permanent Secretary/Secretary to the Treasury, Ms Esther Ayebare, Acting Assistant Commissioner in the Project Analysis and Public Investment Department of the Ministry of Finance, Planning and Economic Development, emphasised the importance of rigorous project appraisal in strengthening Uganda’s public investment management system.
She noted that projects admitted into the public investment plan must be aligned with national priorities, technically sound, financially viable and capable of delivering value for money.
“Government must be able to compare investment alternatives and ensure that only viable projects proceed through the public investment process,” she emphasised.
Ms Esther Ayebare, Acting Assistant Commissioner in the Project Analysis and Public Investment Department of the Ministry of Finance, Planning and Economic Development
Ms Ayebare explained that sound appraisal enables government to make informed investment decisions, maximise returns on public expenditure and ensure that limited public resources are directed towards projects with the greatest potential to deliver development outcomes.
Building practical skills for better investment decisions
The training builds on the Public Investment Management course conducted in June, which introduced participants to Uganda’s public investment management framework, including project conceptualisation, stakeholder analysis, project costing, implementation action plans, the Integrated Bank of Projects, and monitoring and evaluation of public investment reforms.
The current programme advances this foundation by equipping participants with technical competencies in financial appraisal, financial modelling and risk analysis.
Participants will explore integrated investment appraisal, alternative investment criteria, cash-flow statements, inflation and exchange-rate movements, asset valuation, project financing, project scale and timing, risk-sharing arrangements and cost-effectiveness analysis.
Through practical exercises and case studies, participants will apply these concepts to investment scenarios in sectors such as roads, health, education and water. The programme will also examine how climate change, social considerations and other risks can be integrated into project preparation and appraisal.
Ms Ayebare encouraged participants to engage actively with the facilitators, question the practical application of the tools and consider how the skills acquired could improve investment decisions within their respective institutions.
She also reminded participants that the programme includes an examination and that certification requires more than attendance. Participants are expected to demonstrate an understanding of the concepts and acquire practical skills that they can apply in their work.
Reducing dependence on externally prepared studies
A key objective of the training is to strengthen the ability of government institutions to undertake high-quality project appraisal studies using their own technical teams.
Public officers gather for a specialized training session at the Public Investment Management Center of Excellence (PIM COE) to enhance their skills in making sound and strategic public investment decisions.
Ms Ayebare observed that many studies submitted to the Development Committee have traditionally been prepared by external consultants, often at considerable cost. Building the capacity of public officers to conduct these studies independently can help institutions strengthen their technical expertise and improve the quality of project proposals presented for consideration.
She urged participants to take full advantage of the facilitators’ expertise and return to their institutions equipped to undertake sound financial appraisals and provide evidence-based advice to decision-makers.
She further emphasised that project approval requires thorough preparation, analysis and justification, rather than simply identifying available funding and proposing a project to utilise it.
Strengthening public investment management through capacity development
In his remarks, Prof. Edward Bbaale, Director of the PIM CoE, thanked the Ministry of Finance for its financial support and for identifying participants from government institutions. He also recognised the contributions of the facilitators and partner institutions in delivering the programme.
Prof. Edward Bbaale, Director of the PIM CoE
Prof. Bbaale noted that the Centre’s work extends beyond training to include research and advisory services aimed at improving public investment management practices. He encouraged continued collaboration with government institutions and other partners to advance research, knowledge sharing and capacity development.
Speaking during the training, Dr John Sseruyange, Manager of the PIM CoE, highlighted the importance of commitment, active participation and punctuality throughout the programme. He encouraged participants to engage with the facilitators, ask questions and apply the knowledge gained to the projects they support.
Dr Sseruyange also acknowledged the Government of Uganda, through the Ministry of Finance, Planning and Economic Development, for financing the training, and appreciated Cambridge Resources International for its continued support towards improving public investment preparation and analysis in Uganda.
The training reflects ongoing efforts to strengthen Uganda’s public investment management system by equipping public officers with the knowledge and practical competencies needed to assess projects rigorously, identify potential risks and make informed investment decisions.
By developing in-house expertise across government institutions, the programme seeks to contribute to better-prepared projects, more efficient use of public resources and improved delivery of Uganda’s development priorities.
President Yoweri K. Museveni while officiating as Chief Guest at the Julius Nyerere Annual Symposium 2026: Nyerere-Museveni Dialogue at Makerere University called upon the audience not to merely hold Nyerere’s Legacy as a historical footprint but as a masterplan for the future that remains unfinished. Organised by the Julius Nyerere Leadership Centre (JNLC), the symposium was a two day event that started with “ekyooto” on 13th October at the JNLC gardens and climaxed on 14th October in Freedom Square. The second day hinged on the theme: Borrowing from the Past, Building the Future.
In the President’s message delivered by Rt. Hon. Dr. Crispus Walter Kiyonga the Second Deputy Prime Minister and Chancellor of Makerere University, the president spotlighted, “Mwalimu Nyerere as the greatest African that ever lived in terms of contribution to the African people’s efforts for freedom, human rights, and dignity.”
This greatness, he notes, spilled not just to political ideals but also to economics and security. The President agreed with him and warned that “freedom without economic transformation and economic prosperity, without a robust strategic security, remains incomplete.”
Reaching out to the younger generation of scholars and leaders, the President issued a strong warning to move beyond simply remembering Nyerere to action. He said, “you must carry forward the torch of pan-Africanism, reject sectarianism and tribalism, build our regional markets, and champion the total political integration of our motherland.”
Rt. Hon. Dr. Crispus Walter Kiyonga delivering the President’s message at the Symposium.
He appreciated Mwalimu for his; unwavering support for the struggle of the East African Federation, courageous backing of the armed anti-colonial struggles in the southern half of Africa, principled and decisive support for the anti-Idi Amin struggle, pro-people and pro-unity policies that kept Tanzania peaceful for decades, and ensuring that Tanzania remained a strategic rear base for the entire African resistance.
As a believer in Nyerere’s ideals, the President urged the audience to honor Mwalimu “not merely through commemorative speeches, but through completing the historical task of uniting, defending, and prospering our motherland,” for the motive is to ensure that the independence wars won by our predecessors were not in vain.
To this note, he reiterated the case for Uganda, saying “we shall never forget his profound contribution” to Africa.
Professor Nyamsenda’s Keynote Unparked Pan-Africanism
During the Nyerere-Museveni Dialogue symposium at Makerere University, Professor Sabatho Nyamsenda, a lecturer at the University of Dar es Salaam delivered the Keynote Address titled “The Unfinished African Project: From Liberation Legacies to a New Generation of Transformation” during the symposium”.
He started on a lighter noticing “Nyerere is being Ugandanised.” This he said looking at the annual Public Lectures dedicated to his name and felt like challenging his home institutions to follow suit.
At the calm of the room, he presented a critique of the current state of Pan-Africanism, arguing that it has been grabbed by the ruling elites, a challenge Professor Nyamsenda identifies to have started in the period of 1960 -1980.
Professor Sabatho Nyamsenda delivering the Keynote Address.
He explained that it was around this time period that Pan-Africanism was snatched away from the masses and it became a state project. Currently, he said the ideology exists in two forms: Boardroom and Street Pan-Africanism.
Professor, characterised Boardroom Pan-Africanism as a State Project. He said “boardroom Pan-Africanism sits comfortably with imperialism and elite-centered accumulation.” While Street Pan-Africanism to which Professor advocates, he emphasised that historically, this approach “united the African liberation movement and liberated the African continent from the most barbaric colonial powers.”
As he concluded, Professor Nyamsenda joined Mwalimu and the President of Uganda in urging youth to consider joining and leading the struggle for a better Africa.
Role of JNLC in Realising Nyerere’s Ideas
Professor Saturninus Kasozi Mulindwa, the JNLC Board Chair highlighted the primary objective of the center as “imparting knowledge and sharing experiences from the old generations to the new generations.” Therefore, JNLC contributes to the actualisation of Nyerere’s ideas by focusing on the development of the next generation of African leaders.
To supplement this, Dr. Nansozi K. Mwanga the Executive Director at JNLC said that the center is committed to “nurturing ethical, conscious, and transformative leaders inspired by Mwalimu’s ideas of service, human dignity, self-reliance, and Pan-African solidarity.”
She explained their focus is on several key areas with training as core. They have “trained over 1,500 young people and young leaders from across Uganda.”, and developed leadership programs “grounded in ethical decision-making, civic responsibility, public service, and action.”
Dr. Nansozi K. Mwanga
In her remarks, it was observed that training alone is not enough; they are also doing mentorship, to provide opportunities for networking and learning from experienced leaders. There are already testimonies when you visit the Centre wall of fame. To which Dr. Nansozi revealed “leadership development matters when learning becomes service and meaningful action.”
The Centre remains proud of those they have touched and are eager to support as many cohorts.
Julius Nyerere Family Pour their Heart out
Mama Maria Nyerere, addressed the Symposium virtually and commended the Centre for keeping Mwalimu’s values alive.
As a memory of her husband, she reminded the audience that his greatest legacy was anchored on the values by which he lived: service, humility, integrity, unity and love for Africa and its people. She also urged the young people to take up leadership responsibilities and lead with humility, integrity and always remember the people they serve.
Mama Nyerere also advised the youth to learn from those who came before them like her husband with courage to build a better Africa for their generation and those who will come after them.
Joining Mama Nyerere, on behalf of the Nyerere family was Ms. Julia Nyerere, a granddaughter, who attended physically and thanked H.E. Kaguta Museveni for supporting the establishment of the Julius Nyerere Centre at Makerere University and also commended the Keynote Speaker Professor Nyamsenda for Critiquing Nyerere’s ideas.
Julia further shared an understanding of her grand-father’s interest in preserving humanity as a moral.
As a family they are happy that his (Nyerere) values and legacies continue to inspire Africa and beyond.
Ms. Julia Nyerere.
Appreciation for All who Made the Symposium Possible
Addressing the symposium, the Vice Chancellor of Makerere University, represented by Professor Henry Alinaitwe the Deputy Vice Chancellor in Charge of Finance and Administration expressed the University’s appreciation and commitment.
He thanked “the government of Uganda for the support they are giving to the Julius Nyerere Leadership Center,” and requested Dr. Kiyonga to “convey the message to the fountain of honour for this initiative that Makerere University is happy for, and is going on well.”
To the leadership of the Center, he specifically thanked the Director Dr. Nansozi for her focused leadership. He stated, “I commend my friend, Dr. Nansozi, for the work that you are doing.”
Prof. Henry Alinaitwe
Professor Alinaitwe also emphasized “we” value these symposiums, saying, “as a university, we acknowledge that such activities create great visibility.”
Dr. Kiyonga was also thanked for delivering the President’s message, together with veterans like Professor Kabwegyere, among other distinguished guests and partners that attended.
Professor Tarsis Bazana Kabwegyere as well appreciated all and emphasised the collective duty of the youth in building the next generation.
He advised “your responsibility is to identify and build Africa forward, building on the legacies and foundations of our forefathers,”.
The Professor also argued that “being young on its own is not a virtue. It is what you are when you are young.” He challenges the audience to avoid being ignorant and claim that you are young.
Background of the Nyerere Symposium
The Julius Nyerere Annual Symposium is an intergenerational gathering hosted at Makerere University. For more than six years now, it has been connecting past leadership legacies of Nyerere and other revolutionaries with current regional and continental priorities under the (JNLC) centre.
The Julius Nyerere Leadership Centre (JNLC) serves as a training ground and research hub designed to mentor the next generation of African leaders. Co-hosted by Makerere University and the Uganda Management Institute (UMI), the Centre bridges the gap between older statesmen and youth by focusing on Pan-African ideals, ethical governance, and social transformation.
Makerere University School of Public Health, through the Department of Health Policy, Planning and Management, is accepting applications for a two-week online short course on Introduction to Decision Modelling for Economic Evaluation.
The course will introduce participants to the principles and practical application of decision modelling in economic evaluation, covering Markov modelling, evidence synthesis, model development, validation, sensitivity analysis and interpretation of results to inform policy and resource allocation.
Convened by Dr. Elizabeth Ekirapa, Associate Professor of Health Economics at MakSPH, the course will feature Dr. Joseph Babigumira, Managing Consultant at GHE Consulting, as Guest Lecturer.
The training targets health professionals, researchers, policymakers, students and other individuals interested in applying decision modelling to economic evaluation.
Dates: 9–20 November 2026 Time: 3:00–6:00 PM EAT Mode: Online via Zoom Fees: UGX 800,000 (Ugandans) | USD 270 (non-Ugandans) Application Deadline: 1 November 2026