General
Dr. Martin Aliker to Prof. Maggie Kigozi: The Legacy of MakEF
Published
4 years agoon

The Outgoing Chairperson, Makerere University Endowment Fund (MakEF) Board of Trustees, Dr. Martin J. Aliker has in his handover speech reported that the Inaugural Board grew the onshore fund from scratch to UGX 1.2 Billion by the end of their tenure in 2019. This was at a function presided over by the Chairperson of Council, Mrs. Lorna Magara on 30th September 2021 in the Central Teaching Facility 2 (CTF2) Auditorium to inaugurate the new MakEF Board.
Dr. Aliker’s remarks read on his behalf by member of the Pioneer Board, Mr. Barnabas Tumusingize reported that this growth was made possible through several income generating activities including the MakEF Run (MakRun).
“The onshore return on investment during our tenure was 14.5 percent. All this investment was undertaken through treasury bills, bonds, equities and cash deposits. Our Board considered investing in securities as the primary approach to growing the Fund through capital appreciation” read Dr. Aliker’s speech.
During their tenure, the Inaugural Board appointed a fund administrator, fund manager and custodian for the efficient management of the onshore endowment fund. The onshore fund is complemented by an offshore fund managed in the United Kingdom (U.K.).

Dr. Aliker nevertheless noted that despite its popularity in the global north, the idea of university endowment funds was nascent in Makerere and the African continent. “For instance, there are a few studies that have been conducted to examine the utility and systematic trends that bear useful lessons for the Board and other stakeholders” he added.
He concluded by wishing the incoming board chaired by Professor Maggie Kigozi success. “We commit our availability for consultations as and when the need arises, as We Build for the Future.”
The Vice Chancellor, Prof. Barnabas Nawangwe who was represented by the Principal College of Business and Management Sciences (CoBAMS), Dr. Eria Hisali in his remarks extended sincere gratitude to the outgoing MakEF Board for the pioneer efforts and dedication, despite the fact that the concept of endowment funds is yet to be fully appreciated in this part of the world.
Prof. Nawangwe commended the outgoing board for;
- Identifying and entering into contract with two fund managers; GenAfrica Asset Management Limited for the onshore fund and Crown Agents Investment Management for the offshore fund based in the UK.
- Their oversight that enabled prudence in investment that resulted in a commendable return on investment. The onshore fund grew from nothing in 2014 to the current UGX 1.5 Billion, while the offshore fund is now valued at 1.5 Million GBP (approximately UGX 7.1 Billion)
- Popularising MakEF through various activities such as the MakRun held in 2017, 2018 and 2019.
- Reaching out and encouraging Colleges at the University to contribute to the fund. CoBAMS positively responded by establishing a college fund.
- Reaching out to institutions affiliated to Makerere University such as Makerere College School and encouraging them to contribute to the fund in response to a resolution by the University Council.
The Vice Chancellor acknowledged that whereas endowment was still in its infancy, the Management looks forward to a future where MakEF would be able to support; the University’s academic endeavours, financial aid to deserving students from humble backgrounds, the University’s research agenda and the University’s long-term strategic planning.
“I would like to start by inviting everyone to join me in appreciating the contribution of Dr. Martin Aliker and the members of the outgoing Board of Trustees, whose dedicated service has led us to this day” remarked Mrs. Lorna Magara, the Chairperson of Council as she commenced her address.

The Board chaired by Dr. Aliker was also made up of; Ambassador Edith Sempala, Mr. Martin Owiny, Mr. Barnabas R. Tumusingize, Mr. Grace Isabirye, Prof. John Ddumba-Ssentamu and Hon. Gerald Karuhanga.
She observed that it was over seven years since the University Council established MakEF at its 130th Meeting held on 20th February 2014, motivated by the dream to build a sustainable financial base for Makerere and diversify revenue beyond the reliance on student fees and Government subvention.
“The motivation to set up Makerere University Endowment Fund is much more critical today than it was then. The financial demands of the University will continue to rise following the current and future ambitions in research and innovation, along with the need to implement new technologies for teaching and learning” remarked the Chairperson Council.
She added that although MakEF was still modest in comparison to the initiatives of Makerere’s international peers, she was confident that the Fund was on the right path, thanks to the strong foundation laid by Dr. Aliker and the pioneer Board of Trustees.
“It will be up to the new Board to pursue the multiple opportunities available amongst alumni, local and international philanthropists, the private sector, government and development partners to raise the Fund to greater heights” added Mrs. Magara.
She congratulated the new Board upon their appointment and wished them a fruitful tenure. “It is my greatest honour to inaugurate the new Board of Trustees, as We build for the Future” she concluded.
In her acceptance speech, Prof. Maggie Kigozi admitted that it was a great honour to serve as the second Chairperson of Board of Trustees of MakEF, following in the footsteps of Dr. Martin J. Aliker and the commendable work done by his pioneer Board.
“ Makerere University is not only a premier institution of higher learning in Africa but also my alma mater.” Professor Kigozi enthused before adding, “It was truly an honour and a privilege to have been selected. So many people would have loved to be with us here and so we do not overlook the privilege of having been given those years to study at Makerere.”

Turning to the Mrs. Magara, the first female Chairperson of Council in Makerere’s history she said, “To be here working with you will be such an honour and the young girls out there watching us, watching you, watching me are motivated. They know they can aim for the highest.”
Prof. Kigozi shared that the incoming board would deliberate and agree upon a robust visibility and mobilization campaign hinged on the following;
- A digital platform to profile alumni from all over the world and mobilize them to contribute to ongoing activities such as the MakRun
- Increasing MakEF’s online presence through a dedicated website that highlights the Fund’s projects and various ways through which contributions can be made
She added that her board would develop an investment plan for the purpose of diversifying MakEF’s investment portfolio so as to grow the asset selection and minimise potential investment risks.
“From my experience in the investment world, I am aware that an investor’s asset allocation decision has a strong bearing on portfolio performance of a Fund. Together with my colleagues, we will review the asset allocations and in consultation with existing policies, determine the best options for the Fund” pledged Prof. Kigozi.
As she concluded her remarks, the Incoming MakEF Board Chairperson highlighted that there was a lack of empirical studies specific to the nascent endowment fund terrain on the continent, which made it difficult for institutions like MakEF to systematically examine trends in the endowment sector as a whole. She therefore implored the university to invest in research in this area, which would eventually benefit both the Board and MakEF’s portfolio.
The new members of the MakEF Board of Trustees are;
- Professor Maggie Kigozi – Chairperson
- Associate Professor Umar Kakumba – Member
- Mr. Martin Owiny – Member
- Ms Anne Juuko – Member
- Mr. Kenneth Mugambe – Member
- Mr. Barnabas R. Tumusingize – Member
- Mr. William Ndoleriire – Member
Please see Downloads for brief profiles of the new MakEF Board and Speeches from the event.
You may like
-
Enhancing Data Quality: NutriFishPlus Research Assistants Retooled Ahead of Baseline Survey
-
Call For Applications: Annual Innovation Commercialisation Award
-
International Fellows Recruitment – Wellcome Sanger Institute
-
Makerere University Launches Knowledge-Sharing Platform to Drive Innovation and Economic Growth
-
Makerere University CoBAMS Staff celebrate 2025 achievements
-
Makerere University Leaders Call for Excellence in Research and Supervision as Academic Staff and PhD Students Receive Certificates
General
Press Statement: Makerere 76th Graduation Ceremony
Published
1 day agoon
January 28, 2026By
Mak Editor
Makerere University’s 76th graduation ceremony will be held from February 24th – 27th, 2026, at the Makerere University Freedom Square, starting at 8.30am. During the 76th graduation ceremony, we shall confer degrees and award certificates to 185 PhDs, 2034 Masters, 6,043 bachelors, 137 postgraduate diplomas and 33 diplomas.
I am proud to announce that in comparison to the 75th graduation, we have registered a 30% growth in graduate student output. This is a result of our strategic decision to prioritize graduate education per our research-led agenda.
I also wish to announce that the transcripts have been finalized and are ready for pick up. Today, I am handing over the ready transcripts to the College principals and can be picked up from respective Colleges even before the graduation ceremony.
Important to Note:
In preparation for the graduation ceremony, the University wishes to note the following:
- Pre-graduation clearances
Graduands are reminded to clear all necessary payments such as tuition and all graduation
fees. It is also important to check with your College to ensure your name is on the graduation
list and all mandatory clearances with university officials have been finalized. Note and
internalize the graduation schedule (attached) to know which day you are graduating. - Securing the graduation gowns
Graduation gowns will be issued starting from 2nd February 2026 from the University Hall (Dinning Hall), Monday to Friday, from 9am to 4pm. To collect your gown, check and ensure your name appears on the Senate Graduation list, present your student number or National ID, and proof of payment for the gown. - Security requirements
- Attendance: For each day of graduation, entrance to the graduation ground will be by invitation only. Graduands will be issued with invitation cards which permits two guests per graduand. Do not come with more than two people or they will not be allowed access to the graduation venue. Graduands are encouraged to arrive to settle at the Freedom Square by 7am on graduation day to for a seamless flow of planned activities including the necessary security checks.
- Prohibited items: Prohibited items include firearms, sharp instruments like mirrors and knives, alcohol, cell or batteries and chemicals, canned food and drinks, laptops, flashes and hard disks, radios including pocket radios, bottled drinks, cameras, large bags or any other heavy items.
- Media: All media and journalists who wish to cover the ceremony must be pre-accredited by the Makerere University Public Relations office or they will not be allowed to access the ceremony venue. The access point for accredited media personnel will be the Senate Building.
- Parking: There will be two designated parking areas; Rugby Grounds for those coming through the Eastern and Main Gate; and the second one is the Makerere University Main Grounds at Makerere College School. For VVIPs, VIPs and procession parking will be at CTF1, Directorate of Legal parking, St Francis and St Augustine parking, JICA and Senate Building.
- Access Control: To ease traffic flow and management, the University has planned three access points to the graduation venue: the School of Social Sciences, Senate Building and the University Swimming Pool.
- For help and inquiries
- Starting February 2, 2026, the Academic Registrar ’s Office and Graduation Committee will set up an information tent outside the Senate Building to provide guidance and handle all inquiries pertaining to graduation.
General
Re-Advert for the Position of the Second Deputy Vice Chancellor
Published
2 days agoon
January 27, 2026By
Mak Editor
Makerere University is governed by the Universities and Other Tertiary Institutions Act, Cap 262. The University is seeking applications from suitably qualified applicants for the position of Second Deputy Vice-Chancellor. The Second Deputy Vice Chancellor holds a pivotal role in financial governance, institutional planning, and administrative leadership.
1. POSITION: SECOND DEPUTY VICE-CHANCELLOR
2. SALARY SCALE: PU2
3: DUTY STATION: MAKERERE UNIVERSITY
4. ROLE
The Second Deputy Vice-Chancellor will report to the Vice–Chancellor and shall:
- Assist the Vice Chancellor in performance of his or her functions and in that regard shall oversee the finances and administration of the University;
- Be responsible for the Planning and Development of the University and,
- Perform such other functions that may be delegated to him or her by the Vice Chancellor or assigned by the University Council.
5. PURPOSE OF THE JOB
To provide strategic leadership and ensure efficient and sound financial, human and fiscal resources management in the University.
6. DUTIES AND RESPONSIBILITIES
- Provide leadership in Strategic planning and governance, leadership and administrative experience, Human resource and performance Management, Stakeholder engagement and collaboration.
- Provide leadership in preparation and implementation of the University’s recurrent and capital budgets.
- Monitor the development and implementation of the University’s accounting procedures, manuals and other documents relating to financial control and Management as per approved financial regulations.
- Oversee income and expenditure of all income generating units of the University.
- Coordinate the production of the University-wide Financial Reports by Colleges and Units.
- Management of human resources in the University.
- Oversee the management of University Estates and Assets.
7. CANDIDATE SPECIFICATION
- Hold a PhD or any other academic doctorate.
- Be at the rank of associate or full professor level in an institution whose academic ranking is comparable with that of Makerere University as accepted by Senate.
- Be a Ugandan citizen within the age bracket of 40 to 65 years at the time of application.
7.1 Academic Qualifications
- Earned a Ph.D. or equivalent doctorate should be acceptable by Senate.
- At least five years of financial or administrative leadership experience at the level of school dean/director or higher in a higher education institution, public service, or corporate institutions.
- Supervised at least ten (10) postgraduate students (Master’s and Ph.D.) to completion. At least three of the students must be at the PhD level.
7.2 Strategic Planning and Governance
- Experience in leading large administrative teams at the level of dean or higher, demonstrating efficiency and productivity.
- Proven record in developing and executing strategic plans, aligning financial and administrative objectives with institutional goals.
- Evidence of developing and implementing financial policies that have improved financial efficiency, transparency, and risk management.
- Evidence of implementing organisational restructuring or process improvements to ensure operational efficiency.
- Ability to develop and implement institutional policies, ensuring compliance with national higher education and financial regulations.
7.3 Leadership & Administrative Experience
- Minimum 5 years of senior academic leadership in a recognized institution comparable with that of Makerere University, as accepted by Senate.
- Demonstrated experience in managing budgets exceeding UGX 500,000,000=, ensuring financial sustainability and accountability.
- Proven ability to mobilize resources, secure grants, and attract external funding to support institutional growth.
- Experience in conducting financial forecasting, cost control measures, and investment strategies to optimize institutional resources.
- Track record of leading financial audits and compliance assessments in alignment with national and international financial regulations.
- Experience in handling procurement, asset management, and infrastructure development, ensuring transparency and value for money.
7.4 Human Resource and Performance Management
- Track record of leading workforce planning, recruitment, and talent development strategies, ensuring a high-performance institutional culture.
- Experience in implementing performance-based appraisal systems, leading to improved staff efficiency and accountability.
- Proven ability to foster industrial harmony, resolving labour disputes and improving employer-employee relations.
7.5 Infrastructure Development and Resource Optimization
- Experience in overseeing capital development projects, ensuring timely delivery and cost efficiency.
- Track record of overseeing the maintenance and expansion of university facilities, enhancing institutional infrastructure.
- Proven ability to negotiate and manage contracts for outsourced services, ensuring cost-effectiveness and quality standards.
7.6 Digital Transformation and ICT Integration
- Experience in integrating ICT solutions in financial and administrative operations, improving service delivery and efficiency.
- Evidence steering the automation of financial, procurement, and HR systems, reducing paperwork and improving real-time decision making.
- Proven ability to implement cybersecurity measures that safeguard institutional financial and administrative data.
7.7 Stakeholder Engagement & Collaboration
- Demonstrated experience in building partnerships with government agencies, donors, private sector investors, and international organizations to enhance institutional funding.
- Proven ability to engage faculty, students, and staff in financial decision-making, ensuring transparency and inclusivity.
- Experience in negotiating contracts, partnerships, and collaborations that have led to financial and administrative growth.
7.8 Personal Attributes
- High level of integrity, transparency, and ethical leadership, with a record of financial prudence.
- Strong analytical, problem-solving, and decision-making skills, backed by evidence of successfully managing complex financial and administrative challenges.
- Excellent communication, negotiation, and interpersonal skills, ensuring effective stakeholder engagement.
- A visionary leader with the ability to drive financial sustainability. administrative efficiency, and institutional growth.
8. REMUNERATION
An attractive remuneration package that is in accordance with Makerere University terms and conditions of service.
9. TENURE
The Second Deputy Vice Chancellor shall hold office for a period of five years and shall be eligible for re-appointment for one more term.
10. METHOD OF APPLICATION
Interested applicants are invited to submit their application letters. The following documents shall comprise a complete application:
- A signed letter of application;
- A vision statement;
- Curriculum Vitae with contact details signed and dated by the applicant;
- Copies of required minimum number of publications;
- Certified copies of academic transcripts and certificates;
- Three (3) letters of recommendation;
- Copies of letters of appointment to leadership positions at the level of Dean of a School in a national accredited university or other academic institution;
- A copy of the applicant’s National Identity Card or passport;
- A copy of the last clearance from the Inspector General of Government or other equivalent national body;
- Referees should be advised to send confidential reference letters, addressed to the Chairperson Search Committee for the Position of Second Deputy Vice Chancellor and delivered directly to the address below by 5:00 pm on Friday 13th February, 2026;
- The references should cover the following areas: the applicant’s academic credential, experience, leadership, managerial and administrative skills and personal integrity.
Both Hardcopy and Electronic (Email) applications shall be accepted.
- Hardcopy applications: Both confidential letters and sealed applications marked “CONFIDENTIAL: POSITION OF SECOND DEPUTY VICE CHANCELLOR” should be addressed to:
SECRETARY SEARCH COMMITTEE
THE ACADEMIC REGISTRAR
MAKERERE UNIVERSITY
6TH Floor, ROOM 602, SENATE BUILDING
P.O.BOX 7062, KAMPALA, UGANDA
- Electronic media (e-mail) applications should have all the above documents scanned and emailed to search.dvcfa@mak.ac.ug by 5.00 pm East African Standard Time on Friday 13th February, 2026.
Please note that:
- Incomplete applications or applications received after the closing date and time will not be considered.
- Only shortlisted applicants shall be contacted.
- Applicants who responded to the advertisements published on 31st December 2025 (The New Vision) and 2nd January 2026 (The Daily Monitor) do not need to re-apply.
For more Information and inquiries:
Visit our website https://mak.ac.ug/search-for-dvcs OR email us on search.dvcfa@mak.ac.ug OR Call Telephone number: +256-414-532634 during working hours (between 8:00 am to 5:00 pm Monday to Friday).
MAKERERE UNIVERSITY IS AN EQUAL OPPORTUNITY EMPLOYER
Prof. Mukadasi Buyinza
ACADEMIC REGISTRAR
General
Press Statement: Makerere University Congratulates Former Staff and Students on Successful Election to Public Office
Published
2 days agoon
January 27, 2026By
Mak Editor
Makerere University warmly congratulates its former staff and students who emerged victorious in the 2026 national elections. Their success is a source of immense pride to the University and a strong affirmation of Makerere’s efforts to not only nurture academic excellence but also free expression and leadership. It is evidence of Makerere’s enduring impact and contribution to leadership, public service, and national development.
We are particularly pleased to recognize the following distinguished members of the Makerere University community who emerged victorious:
- Dr. Kiyonga Crispus Walter, Chancellor of Makerere University, on his election as MP for Bukonzo West.
- Rt. Hon. Tayebwa Thomas, former Chair, Finance, Planning, Administration, and Investment Committee of the University Council, on his re-election unopposed as MP for Ruhinda North and approval by the NRM Central Executive Committee (CEC) as Deputy Speaker 12th Parliament.
- Mr. Kabaasa Bruce Balaba, Chair, Finance, Planning, Administration, and Investment Committee of the University Council, on his election as MP for Rubanda County West.
- Hon. Nobert Mao, former Guild President, on his re-election as MP for Laroo-Pece.
- Mr. Alionzi Lawrence, former Guild President of Makerere University, on his election as Lord Mayor of Arua City.
- Mr. Maseruka Robert, former Guild President of Makerere University, on his election as MP for Mukono South.
- Mr. Gyaviira Lubowa Ssebina, former Deputy Bursar of Makerere University, on his election as MP for Nyendo–Mukungwe.
- Prof. Lubega George Willy, former Staff at College of Veterinary Medicine, Animal Resources and Biosecurity (COVAB), on his election as MP for Bugangaizi South.
- Prof. Ahebwa Wilber Manyisa, former Staff at College of Agricultural and Environmental Sciences (CAES), on his election as MP for Nakaseke North.
- Dr. Asiimwe Florence Akiiki, former Staff at College of Humanities and Social Sciences (CHUSS), on her election as Woman MP for Masindi District.
- Dr. Kasigwa Gerald, former Staff at College of Business and Management Sciences (CoBAMS), on his election as MP for Kigorobya County.
- Hon. Adeke Anna Ebaju, former Guild President, on her re-election as Woman MP for Soroti District.
- Hon. Onekalit Denis Amere, former Guild President, on his re-election as MP for Kitgum Municipality.
- Hon. Karuhanga Gerald, former Guild President, on his re-election as MP for Ntungamo Municipality.
- Hon. Aber Lillian, former Vice Guild President, on her re-election as Woman MP for Kitgum District.
- Hon. Nyamutoro Phiona, former Vice Guild President, on her election as Woman MPfor Nebbi District.
- Dr. Lakisa Mercy Faith, former Vice Guild President, on her election as Woman MP for Alebtong District.
- Ms. Lenia Charity Kevin, former Vice Guild President MUBS, on her election as MP for Vurra County.
- Dr. Nambassa Shamim, former Guild President, on her election as LC V Woman Councilor for Kawempe South.
- Dr. Nalukwago Judith, former Vice Guild President, on her election as LC V Woman Councilor for Makindye West.
- Ms. Nattabi Margaret, former Vice Guild President, on her election as Female Youth Councilor for Mukono Municipality.
- Mr. Kizito Abasi, former Guild Minister, on his election as LC V Chairman for Lwengo District.
- Ms. Ssonko H. Namuganga, former Guild Minister, on her election as Female Youth Councilor for Kalungu District.
Makerere values dialogue, democracy, and responsible citizenship, and continues to make deliberate and progressive efforts to enhance participation in leadership and governance. We are confident they will serve with dedication, wisdom, and integrity.
We Build for the Future.
Trending
-
General1 week agoPress Release: Semester II Set to Start 10th Feb, 76th Graduation Dates Confirmed
-
General2 days agoPress Statement: Makerere University Congratulates Former Staff and Students on Successful Election to Public Office
-
Innovation1 week agoCall For Applications: Annual Innovation Commercialisation Award
-
Computing & IS2 weeks agoCoCIS CIPSD Short Courses Jan-Mar 2026
-
Agriculture & Environment1 week agoCall for Applications: QCF Postdoctoral Research Fellowships