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School of Business Staff undertake Capacity Building

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In a bid to keep abreast with the changing trends in the business sector, staff of the School of Business, College of Business and Management Sciences (CoBAMS), led by the Dean Dr. Akileng Godfrey on November 3, 2021 spent the day interacting with players in the private sector. The staff undertook the capacity building as part of their continuous professional development. 

The staff heard from Mr. Kakande Robert, the MD of Finca Uganda who shared an analysis of the performance of the financial sector in Uganda. The participants learnt that despite the Covid–19 pandemic, the banks saw an increase in cash deposits by 20% and a decline in the loan portfolios by 14%. This was attributed to the decline in trade, owing to the travel restrictions. This was also compounded by the fact that Ugandans are generally a risk averse population. Many people, about 49%, borrow from informal lenders such as friends, family and investment groups. It was noted that only 11% of the population keep their money in banks. About 43% keep money in saving groups, 27% keep it at home while 23% keep it on mobile phones.

The Dean, School of Business, Dr. Akileng Godfrey (standing) makes his remarks.
The Dean, School of Business, Dr. Akileng Godfrey (standing) makes his remarks.

This, Mr. Kakande said calls for a national financial inclusion strategy. Some of the emerging and contemporary issues in the financial sector include digitization. The world is growing exponentially, which calls for new ways of doing things. The development of the internet, artificial Intelligence, Internet of things has forced banks to digitize all their services. This Mr. Kakande said, has helped improve customer experiences and reduce the number of people transacting in the banking hall. Today, Uganda has 28 million mobile phone users, 12.1 million internet users and 3.6 million social media users. This means the financial sector also has got to evolve and meet the demands of these customers. This has seen the development of online banking, bank to phone transactions, which have greatly improved the financial sector.

The participants learnt that Bank of Uganda, had issued new regulations for commercial banks, in an effort to secure depositors money. This, Mr. Kakande called the BASEI 11 Capital Accord Framework.  Commercial banks are now required to have operating capital of Shs150 billion up from Shs25 billion, while tier 4 institutions such microfinance institutions are required to have capital of Shs5billion up from Shs500 million. BOU has also set out to regulate the Mobile Money business which is being run by the telecommunication companies.

Mr. Kakande Robert, MD Finca Uganda shares an analysis of the performance of the financial sector in Uganda.
Mr. Kakande Robert, MD Finca Uganda shares an analysis of the performance of the financial sector in Uganda.

Another emerging issue is Bancassurance. This is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank’s customers. In this partnership, bank staff and tellers become the point of sale and point of contact for the customer. Agency banking is another contemporary trend that the financial institutions have adopted. This has also been done in an effort to extend the bank to the clients.

On the issue of high interest rates charged by the banks, Mr. Kakande said, this is because the credit risk among the population is high.  The emergence of Infrastructure bonds is something the financial sector players also have to look at in the future.

Participants listen keenly to Mr. Kakande's presentation.
Participants listen keenly to Mr. Kakande’s presentation.

The staff also got an opportunity to interact with Mrs. Immaculate Ngulumi, the Marketing Manager of Centenary Bank. She shared how the service industry has been able to attract and retain clients. Mrs. Ngulumi said that because service is not a tangible product, the service providers have to appeal to the emotions of people. This, she said calls for investment in 3 Ps (People, processes and physical evidence). The people/staff, she said, have to be well trained, motivated and treated well, so that they can pass on this positivity to the clients. The processes have to be quick and seamless while the ambiance must be good. She shared with the team, the 4 aspects of managing services

  1. Managing customer relationships
  2. Managing service quality
  3. Managing service productivity
  4. Managing staff and positioning services

Mrs. Ngulumi concluded by saying that in the service industry, the customer does not buy a product, they buy the experience, so give them the best experience.

Other topics discussed included the International Financial Reporting Standards and the role of the private sector in public sector procurement.

The Dean School of Business, Dr. Godfrey Akileng thanked the participants for attending and the facilitators for making time to share with his team.

Betty Kyakuwa is the Principal Communication Officer, CoBAMS

Betty Kyakuwa
Betty Kyakuwa

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CoBAMS Orientation: Principal urges first year students to prioritize academics

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Some of the CoBAMS First Year Students that filled the Yusuf Lule Central Teaching Facility Auditorium to the brim on 5th August 2025. College of Business and Management Sciences (CoBAMS) Orientation for First Year Students 5th-8th August 2025, Day One, 5th August 2025, Yusuf Lule Central Teaching Facility Auditorium, Makerere University, Kampala Uganda, East Africa.

Welcoming the first year students to Makerere University, and to the College of Business and Management Sciences in particular, the Principal-Prof. Edward Bbaale said: “Prioritize your academics. I urge you to remain focused. This is your season of hard work. You are here to contribute to the transformation of Uganda and the world at large.”

The Principal made the remarks on Day One (5th August 2025) of the College of Business and Management Sciences (CoBAMS) Orientation.  Organised by the College Management and 91st College Guild Council, the Orientation is scheduled to take place from 5th to 8th August 2025 at Makerere University Yusuf Lule Central Teaching Facility (CTF2 Auditorium).

The Principal congratulated the first year students upon joining CoBAMS-the leading training unit and supply chain of professionals in economics, business, statistics and planning fields.

“We are proud to be shaping the future economists, business leaders, entrepreneurs, policy analysts, actuaries, and statisticians who will go on to transform industries, drive public policy, and make impactful decisions globally,” he remarked.

Prof. Bbaale pointed out that the College consists of three (3) schools namely Economics, Business, as well as Statistics and Planning. Providing a brief on the leadership of the College, he mentioned the Deputy Principal-Associate Professor James Wokadala, the Dean, School of Economics-Associate Professor Ibrahim Mike Okumu, the Dean, School of Business-Associate Professor Godfrey Akileng, and the Dean, School of Statistics and Planning-Dr. Margaret Banga. With reference to the orientation programme, he informed the students that they would have specialized sessions with the Deans and staff of the respective schools on 6th August 2025. The Principal also acknowledged Heads of Departments, and the College Management Board as key players in leadership.

Prof. Edward Bbaale makes his remarks. College of Business and Management Sciences (CoBAMS) Orientation for First Year Students 5th-8th August 2025, Day One, 5th August 2025, Yusuf Lule Central Teaching Facility Auditorium, Makerere University, Kampala Uganda, East Africa.
Prof. Edward Bbaale makes his remarks.

Inspired by the rich and celebrated history of Makerere (established in 1922), Prof. Bbaale notified the students that the institution celebrated 100 years of excellent service to humanity in 2022, and has built a reputation that transcends borders. “The name, Makerere University is recognized, respected, and revered. I call upon you, to wholeheartedly guard and protect the institution’s name and reputation,” he said.

Tackling safety and well-being, Prof. Bbaale guided that safeguarding starts with an individual. He encouraged the students to read the Makerere University Safeguarding Policy to understand the safeguarding concerns, guidelines and responsibilities of the respective Offices. He informed the students that the College had safeguarding champions including a student representative, who have been trained to handle the safeguarding concerns, and to work closely with the students’ body to identify and report safeguarding matters.

He also cautioned the students against any forms of misconduct. “The University is committed to ensuring zero tolerance against sexual harassment, and exam malpractices. During the orientation, staff from the Gender Mainstreaming Directorate will provide a brief on the Policy and Regulations against Sexual Harassment, and the College Registrars will guide you on the academic policies.”

The address by the Principal set the pace for presentations on the following critical matters: Life at Campus, Guidance and Counselling, Makerere University Tuition Policy, Information Technology and Library resources, the Emerging Leaders Program (ELP), and a networking session with the 91st College student leaders.

Building on to the Principal’s powerful message, the following University officials interacted and engaged students on 5th August 2025:  Ms Juliet Mirembe Ssewankambo-Acting College Registrar,  Ms. Rose Nalwanga-Senior Counsellor,  Dr. Peace Musiimenta-Representative of the Emerging Leaders program team,  Mr. Peter Mubiru-College Bursar,  Ms. Claire Nakaseeta-from the College Library, Mr. Gilbert Nsazimaana-DICTS,  Ms. Namazzi Madrine Kayima-School of Economics Registrar, Ms. Stella Butamanya-School of Statistics and Planning Registrar, Ms. Ritah Namisango-Principal Communication Officer, and Mr. Moses Kibirango-Web Administrator.

L-R, Mrs. Juliet Ssewankambo (AG.Colllege Registrar), Mr. Gilbert Nizeyimaana (DICTS), Prof. Edward Bbaale (Principal), Mr. Peter Mubiru (College Bursar), Ms Rose Nalwanga (Senior Counselor), and Ms Claire Nakaseeta-representing the College Librarian. College of Business and Management Sciences (CoBAMS) Orientation for First Year Students 5th-8th August 2025, Day One, 5th August 2025, Yusuf Lule Central Teaching Facility Auditorium, Makerere University, Kampala Uganda, East Africa.
L-R, Mrs. Juliet Ssewankambo (AG.Colllege Registrar), Mr. Gilbert Nizeyimaana (DICTS), Prof. Edward Bbaale (Principal), Mr. Peter Mubiru (College Bursar), Ms Rose Nalwanga (Senior Counselor), and Ms Claire Nakaseeta-representing the College Librarian.

From 6th to 8th August 2025, the student centered orientation features sessions on the following: Academic policies, orientation meetings with leadership of the respective Schools, understanding the responsibility of a student, health and wellness, brainteaser activities, gender mainstreaming, sensitization about the Red Cross, tour of the library and exposure to resources, as well as IT and hands-on-training.

Delighted that the first year students had turned up in big numbers, filling the auditorium to the brim, the Chairperson of the 91st College Guild Council, Fahad Ssozi Batte, said the 2025 orientation was planned to provide a rich and rewarding experience to students, as they commence the academic year 2025/2026. In addition, Ssozi Batte noted that the information and knowledge shared would provide a firm foundation to the students about life on campus. He thanked the entire College student leadership for remaining steadfast in the advancement of student interests.

Fahad Ssozi Batte (Centre in a suit) and some of the student leaders coordinating the four days Orientation at CoBAMS. College of Business and Management Sciences (CoBAMS) Orientation for First Year Students 5th-8th August 2025, Day One, 5th August 2025, Yusuf Lule Central Teaching Facility Auditorium, Makerere University, Kampala Uganda, East Africa.
Fahad Ssozi Batte (Centre in a suit) and some of the student leaders coordinating the four days Orientation at CoBAMS.

Ritah Namisango
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COVID-19 Deepened Food Insecurity Among Uganda’s Urban Poor, With Women Hit Hardest, EfD Study Finds

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Some of the stakeholders in a group photo after the dissemination workshop. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.

Kampala – July 31, 2025

A study by researchers from the EfD-Mak Centre at Makerere University has revealed stark gender differences in the impact of COVID-19 on food security among Uganda’s urban poor, with female-headed households bearing the brunt of the crisis. The findings were presented at a stakeholder dissemination meeting held at Tick Hotel in Kawempe Division, Kampala.

The research, led by Dr. Fred Matovu, Fred Kasalirwe, and Anitah Kyamugabwa, focused on Kawempe Division, one of Kampala’s most densely populated and low-income areas. Using data from a 2022 household survey of 415 respondents, along with focus group discussions and interviews with key government stakeholders, the study examined how the COVID-19 pandemic and related economic disruptions worsened food security in informal urban settings.

Peter Babyenda speaking during the dissemination workshop. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
Peter Babyenda speaking during the dissemination workshop.

Speaking on behalf of the EfD Uganda Director, Dr. Peter Babyenda stressed that Uganda’s current social protection structures are inadequate, especially for the most vulnerable. He called for policy frameworks that are informed by grassroots realities. “We need policies that involve those affected from the ground up, especially the urban poor who live on daily incomes. During COVID-19, these groups suffered immensely when lockdowns were imposed without consultations,” he said.

The study, titled “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, was conducted between 2022 and 2023 in collaboration with EfD Tanzania. In Uganda, the research focused on how urban poverty intersected with gender and food insecurity.

Peter Babyenda representing the Director EfD-Mak Centre. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
Peter Babyenda representing the Director EfD-Mak Centre.

Presenting the findings, Fred Kasalirwe reported that poor urban households, especially those relying on informal employment, were disproportionately affected due to low and unstable incomes. The containment measures introduced in March 2020 including stay-at-home orders, closure of schools, suspension of public transport, and night curfews had a devastating effect on daily earners. As economic activity halted, access to food, healthcare, and essential services declined sharply.

The research found that food security and dietary quality worsened for both male- and female-headed households. However, the impact was more severe for female-headed households due to greater caregiving responsibilities and fewer income-generating opportunities. With limited access to social safety nets, families resorted to extreme coping strategies such as selling household assets, depleting savings, and changing their diets involuntarily. Kasalirwe noted that government food assistance during the crisis was inconsistent and insufficient.

Fred Kasalirwe presenting the study findings. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
Fred Kasalirwe presenting the study findings.

He explained that female-headed households faced unique challenges, often balancing caregiving with limited means to earn income during lockdowns. “These households suffered more from income shocks, leading to worsened nutrition among children and the elderly,” he said. Most had to rely on informal networks or personal savings to survive.

The study also noted an unexpected finding: persons with disabilities experienced relatively improved food security during the crisis, likely due to targeted social support. However, this level of support was not extended to most households, exposing critical gaps in Uganda’s social protection systems.

Fred Kasalirwe presenting the research findings at Tick Hotel in Kawempe. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
Fred Kasalirwe presenting the research findings at Tick Hotel in Kawempe.

While the COVID-19 pandemic was a primary focus, researchers emphasized that food insecurity among the urban poor in Uganda has been driven by a wider series of shocks. These include prolonged droughts, floods, mudslides, economic recessions and the suspension of major aid programs such as USAID. Each of these events has further strained already fragile food systems and household resilience.

Kasalirwe warned that unless Uganda adopts robust and inclusive social protection policies, the country will remain vulnerable to future crises. He urged the government to consider gender-responsive strategies that recognize the disproportionate burden carried by women and informal workers. “Government programs often collapse because communities are not involved in designing or owning them,” he said. “What we need is a bottom-up approach where self-help mechanisms and community buy-ins are developed alongside government interventions.”

A stakeholder contributes during the discussions. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
A stakeholder contributes during the discussions.

He further noted that while COVID-19 provided the context for the study, the findings are applicable to a wide range of future shocks, including public health emergencies, climate change, and global economic downturns. “We’ve seen floods in Mbale, Ebola outbreaks, and the ripple effects of the Ukraine war. We need systems that don’t crumble when funding dries up,” he said.

The researchers urged both the government and development partners to shift focus from emergency responses to long-term resilience building. They emphasized that coping strategies such as selling productive assets or reducing food intake are impoverishing and unsustainable. The study called for a strong policy framework that prioritizes food security, supports vulnerable populations, and enhances urban livelihoods.

A participant makes contribution to the study finding. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
A participant makes contribution to the study finding.

The study recommends a participatory approach that actively involves vulnerable communities in the design and implementation of social protection programs. It also calls for the establishment of community-based safety nets that are sustainable even in the absence of regular government funding. The researchers stressed the importance of gender-sensitive planning, especially in informal settlements where women face heightened challenges during economic shocks. Additionally, the government is urged to streamline its social protection initiatives through the Ministry of Gender, Labour and Social Development, ensuring effective outreach and awareness to reach those most at risk.

The research was funded by the EfD Global Hub and coordinated by the EfD-Mak Centre. Participants at the dissemination meeting echoed the urgency of addressing urban food insecurity and preparing more effectively for future crises.

More photos from the workshop

A participant contributes during the discussion. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
A participant contributes during the discussion.

A local government official clarifies on some issues during the discussion. Dissemination by EfD-Mak Centre at Makerere University of study “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, conducted between 2022 and 2023 in collaboration with EfD Tanzania, Tick Hotel Kawempe Division, Kampala Uganda, East Africa.
A local government official clarifies on some issues during the discussion.

Jane Anyango is the Communication Officer EfD Uganda.

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Prof. Edward Bbaale endorses newly founded Mak-CoBAMS SACCO

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L-R: Dr. Christopher Alioni (Interim General Secretary), Dr. Peter Babyenda (Interim Chair), Prof. Edward Bbaale (Principal), Assoc. Prof. James Wokadala (Deputy Principal), Mr. Juliet Mirembe Ssewankambo (Mobilizer) and Mr. Peter Mubiru (Interim Treasurer). Prof. Edward Bbaale, the Principal of the College of Business and Management Sciences (CoBAMS) endorsed the newly-established College SACCO by enrolling as a member on 22nd July 2025, Makerere University, Kampala Uganda, East Africa.

By Ritah Namisango and Monica Meeme

On Tuesday 22nd July 2025, Prof. Edward Bbaale, the Principal of the College of Business and Management Sciences (CoBAMS) endorsed the newly-established College SACCO by enrolling as a member.

The Mak-CoBAMS SACCO, which was inaugurated on 14th July 2025, provides a platform to improve the economic well-being and quality of life of members through accessible financial services, provision of affordable loans, promotion of a savings and investment culture, financial security, and potential dividends.

The interim Committee that was instituted to kick-start the SACCO has been working under the guidance of the Deputy Principal, Associate Prof. James Wokadala as Patron.

Tasked with finalizing the operations of the SACCO, the Interim Committee, chaired by Dr. Peter Babyenda consists of the following members: Dr. Allen Kabagenyi-Vice Chairperson, Dr. Christopher Alioni-General Secretary, Mr. Peter Mubiru-Treasurer, and Mrs. Juliet Mirembe Ssewankambo-Mobilizer. The Committee members representing the three schools include: Mr. Fred Kasarirwe-School of Economics, Dr. Marion Nanyanzi-School of Business, and Dr. Hellen Namawejje-School of Statistics and Planning. Mr. Joseph Ikarok represents support staff on the SACCO.

L-R: Mrs. Juliet Mirembe Ssewankambo, Dr. Christopher Alioni, Dr. Peter Babyenda, Assoc. Prof. James Wokadala, Mr. Peter Mubiru, and Prof. Edward Bbaale interact. Prof. Edward Bbaale, the Principal of the College of Business and Management Sciences (CoBAMS) endorsed the newly-established College SACCO by enrolling as a member on 22nd July 2025, Makerere University, Kampala Uganda, East Africa.
L-R: Mrs. Juliet Mirembe Ssewankambo, Dr. Christopher Alioni, Dr. Peter Babyenda, Assoc. Prof. James Wokadala, Mr. Peter Mubiru, and Prof. Edward Bbaale interact.

As the SACCO kicks off, the Committee agreed on the following contributions: Membership fee of 20,000/=, Annual subscription fee of 30,000/=, a minimum of ten shares at 100,000/= per member, and a minimum monthly contribution of 50,000/=.

The Committee believes that the rates set are manageable by members of staff. According to the Chairperson, Dr. Babyenda, the Committee is enrolling members. He stated that the minimum monthly saving of 50,000/= is a priority, and also called upon each member to pay up the minimum 10 shares before 31st July 2025.

Congratulating the College Principal, Prof. Bbaale upon becoming a member of the Mak-CoBAMS SACCO, the interim General Secretary-Dr. Alioni, reported that they need at least 30 members to start operations.

Following his enrollment as a Member, Prof. Bbaale, lauded the team for the establishment of the SACCO, a long-awaited intervention that will provide financial support to staff members. He thanked Associate Prof. James Wokadala for his resilience and dedication to making this initiative a reality. 

Prof. Bbaale explained that the SACCO is well-aligned with the college’s research and academic programs, which focus on business, economics, statistics and planning.He highlighted the critical need for accessible finance, citing it as one of the leading constraints to development and business growth. The SACCO will fill a significant gap by providing staff members with financial support at reasonable interest rates. 

Prof. Edward Bbaale, the Principal of the College of Business and Management Sciences (CoBAMS) endorsed the newly-established College SACCO by enrolling as a member on 22nd July 2025, Makerere University, Kampala Uganda, East Africa.
Prof. Edward Bbaale makes his remarks.

Prof. Bbaale believes that the SACCO will transcend his tenure and become a lasting legacy for the college, providing benefits to staff members for years to come. He commended the interim committee for their hard work and commitment to establishing the SACCO. He expressed confidence in the team’s ability to manage the SACCO effectively, citing their strong work ethic and dedication.

Pledging his full support towards the SACCO, Prof. Bbaale rallied members of staff to join the initiative and participate in its activities and programmes. He stated that the SACCO will have a positive impact on the college community, addressing financial constraints and improving the well-being of staff. 

The Deputy Principal, Associate Prof. Wokadala, acknowledged the College Principal for hosting the meeting and guiding the process leading to the establishment of the SACCO. He noted that the SACCO is a long-standing dream of the college’s formulators and a game-changer for the institution. To this end, the College Board unanimously welcomed the idea and set up an interim committee to oversee its implementation.

Associate Prof. Wokadala commended the colleagues who volunteered to steer the initiative, expressing confidence that the SACCO would become vibrant and successful. He visualised the SACCO evolving into a microfinance institution or bank with member support.

The Deputy Principal reported that the Principal’s office provided a contribution of 3,000,000/= to kick-start the SACCO’s activities, which would be accounted for by the committee. He emphasized transparency and accountability in managing the funds, noting that the committee would account for every shilling received, and present a report to the Annual General Meeting (AGM).

Ritah Namisango
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