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Mak Launches Public Investment Management Centre of Excellence

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The Public Investment Management (PIM) Centre of Excellence, housed at the College of Business and Management Sciences was on March 10, 2022, launched during the Public Investment Management Open Day held at Makerere University. The launch and Open Day were presided over by Mr. Ashaba Hannington, the Commissioner Projects Analysis and Public Investment Department, who represented the Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija.

The center, with funding from the Foreign Commonwealth and Development Office of the UK government (FCDO) through the World Bank, is expected to build capacity of officers involved in management of public investments. The launch of the center was preceded by an Open Day themed “promoting good practices in managing public investments to raise returns”.

The Centre of Excellence awarded certificates to 26 trainees from various government agencies, following a rigorous training in Financial and Risk Analysis.

Prof. Eria Hisali, the Principal College of Business and Management Sciences (CoBAMS), Makerere University.
Prof. Eria Hisali, the Principal College of Business and Management Sciences (CoBAMS), Makerere University.

In a quest to strengthen public investment management, the government of Uganda through the World Bank Group and Commonwealth and Development Office of the UK Government (FCDO) Multi Donor Trust Fund (MDTF), have supported Implementation of the National Development Plans with interventions carried out through at least seven government institutions. The interventions aimed to strengthen institutions, build technical capacity for relevant government officers, and develop decision making tools including relevant strategies, policies and guidelines, in line with the theory of change and having more efficient and effective systems for public investment management that will ultimately increase the returns on investments and thereby promoting faster growth and the country’s capacity to manage its debt. 

In his opening remarks, Professor Eria Hisali the Principal College of Business and Management Sciences (CoBAMS) who represented Prof. Barnabas Nawangwe the Makerere University Vice Chancellor highlighted how 0.6 of every dollar invested is lost hence the need for capacity building and research amongst government institutions to maximize returns. “Having done this we shall have created a huge data bank for policy makers, it is our sincere hope that then all government projects will be subjected to public scrutiny of our center so that we enhance productivity of our public investment”, added Prof Hisali. He extended the University’s appreciation to the World Bank and the Foreign, Commonwealth and Development Office of the UK Government (FCDO) through UKaid for the tremendous financial support rendered in establishing the PIM Centre of Excellence.

Ms. Mukami Kariuki, the World Bank Country Manager for Uganda.
Ms. Mukami Kariuki, the World Bank Country Manager for Uganda.

On behalf of the World Bank, Ms. Mukami Kariuki, the World Bank Country Manager for Uganda said that such policies help to provide economic stimulus and enhance the stock of public assets even in the times of crisis like the Covid 19 pandemic, which can contribute to the achievement of the long-term development goals of growth and development and poverty reduction.

Ms. Kariuki reiterated how clear it is that high levels of investment cannot yield returns if the quality of projects remains poor and that it should take government and stakeholders high efforts in combating such a big challenge through favorable policies and considerable reforms.

She commended the Government of Uganda for aiming at building capacity of government officials and other stakeholders, and developing decision making tools to increase return on investment thereby promoting more rapid growth.

Dr. Willy Kagarura (L) receives Prof. Eria Hisali at the PIM CoE Exhibition Booth during the Open Day.
Dr. Willy Kagarura (L) receives Prof. Eria Hisali at the PIM CoE Exhibition Booth during the Open Day.

“We are happy to witness the progress made on strengthening the ‘gate-keeping’ role of the Ministry of Finance. Through tapping into technology, the Government of Uganda has developed the Integrated Bank of Projects, an online information portal to streamline preparation, appraisal, and monitoring of execution of public projects,” said Ms. Kariuki. “The World Bank will further engage the government on its Public Investment Management (PIM) agenda, especially on strengthening its PIM policy and regulatory framework, and a financing strategy to manage public debt and ensure a return on investment”.

She closed off by asking government to focus on demonstrating value for money of public investments, building capacity of ministries and its officials and other implementing agencies in project preparation, reserving resources to facilitate implementation of feasibility studies during the pre-investment stage and   formulating a policy framework for public investment management to allow the public scrutinize such investments.

Jordan Martindale who represented FCDO and the British High Commission.
Jordan Martindale who represented FCDO and the British High Commission.

Jordan Martindale who represented the FCDO and British High Commission highlighted the importance of Public Investment scrutiny as a business to every tax payer. She said the systems underlying the appraisal, implementation and monitoring of these projects need to be strengthened.

“It has been great partnering with Government with Uganda as they increase their ability to effectively deliver improved Public Investment Management.  Delivering government’s investment pipeline in a manner that offers value for money, timely delivery and the attainment of development outcomes is crucial for achieving the National Development Plan III goals. The UK’s investment of Ush 42.3 billion over the past 5 years has led to evident efficiency gains including an improvement in the capital spending absorption rate which has risen from 60% in 2017 to 86% in 2021, a 4-fold increase in the use of Cost Benefit Analysis to assess projects submitted for approval into the Public Investment Plan, and the successful leveraging of about $600 million in additional development finance,’’ Jordan Martindale, said.

While launching the Public Investment Management (PIM) Center of Excellence, Mr. Ashaba Hannington on behalf of Hon. Matia Kasaija said the theme for the open day was in line with the government strategy for Economic Development through strengthening the country’s competitiveness for sustainable wealth creation, employment and  hopes to achieve it all through the implementation of the Nation Development Plans.

Mr. Ashaba Hannington cuts the ribbon to ribbon to mark the launch of the PIM CoE at the Central Teaching Facility 2 (CTF2), Makerere University.
Mr. Ashaba Hannington cuts the ribbon to ribbon to mark the launch of the PIM CoE at the Central Teaching Facility 2 (CTF2), Makerere University.

“Through this reform agenda, the Government has improved her processes including improvement on screening projects before admission in the public investment plan, decrease in number of non-performing projects, accountability on finances through verifiable output and improvement in mechanism of entry and exit of projects from the public investment plan” he said.

Commissioner Ashaba thanked the funders, implored them for more support and pledged government’s support for the Center to ensure successful implementation of government interventions including the newly launched Parish Develop Model.

Professor Edward Bbaale, the Dean School of Economics and the Principal Investigator of the Center of Excellence said the center looks at building capacity amongst trainers to effectively deliver standardized PIM content, and conducting short courses to improve the country’s capacity in PIM. The Centre also aims at offering professional support as an independent external evaluator to the development committee of Ministry of Finance, Planning and Economic Development (MoFPED) and carrying out research towards improving the PIM framework in Uganda.

Prof. Edward Bbaale, Dean School of Economics, CoBAMS and Principal Investigator of the PIM Centre of Excellence.
Prof. Edward Bbaale, Dean School of Economics, CoBAMS and Principal Investigator of the PIM Centre of Excellence.

He therefore thanked the World Bank and the UK government for the grant, and the Ministry of Finance Planning and Economic Development, Department of Project Analysis for the support. Prof. Bbaale equally thanked the Makerere University Management particularly the Office of the Vice Chancellor for offering space to house the PIM center of Excellence, as well as CoBAMS fraternity and Cambridge resources international for the support and collaboration.

About eight government institutions showcased innovations and research findings from the grant given by the World Bank and FCDO among which included the PIM Center of Excellence that disseminated research findings on the impact of Covid-19 on public investment management in Uganda and the impact evaluation of the Uganda clean cooking supply chain expansion project that focuses on households’ access to cleaner cooking technologies and the Impact of the Luwero Rwenzori Development Program. The National Planning Authority exhibited their building planning capacity for spatial data and greater Kampala metropolitan Area while the Public Procurement and Disposal of Public Assets Authority (PDDA) showcased the Electronic Government Procurement system that enables disposal and procurement of public supplies, works and services through the internet.

Uganda Revenue Authority (URA) showcased its contact center upgrade with voice and chat infrastructure containing interactive video response and incident management to enhance simplicity to clientele and innovations in revenue mobilization. The Uganda Ministry of Lands, Housing and Urban Development exhibited its program that focuses on readying the country for actualization of shared infrastructure corridor and physical development plans operationalization.

The Ministry of Agriculture, Animal Industry and Fisheries exhibited the UgIFT Micro-scale irrigation program, an intensified solar sprinkler system offered at a subsidized price to empower farmers while the Office of the Prime Minister showcased its Enhancement of Productivity, Accountability and Knowledge Systems for Improved Public Investment Outcomes in Education and Health Project.

The newly launched PIM Center for Excellence is equipped with high-tech IT equipment and videoconferencing technologies to support training.

Betty Kyakuwa
Betty Kyakuwa

Business & Management

“Professionalism is Key in Management Success,” said Mr. Peter Mubiru

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CoBAMS Management and Staff witness as join the Outgoing College Bursar-Mr. Peter Mubiru officially hands over to Mr. George Lusiba on 31st August 2026. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

“I have enjoyed working with educated and brilliant people,” remarked Mr. Peter Mubiru at the handover of the office of the College Bursar held on 31st August 2026 at the College of Business and Management Sciences.

Reflecting on his career journey at Makerere University, which commenced in 1998, Mr. Mubiru who has served with dedication and distinction said: “Professionalism is key in management success.”

Outgoing College Bursar, Mr. Peter Mubiru reflecting on his career journey. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Outgoing College Bursar, Mr. Peter Mubiru reflecting on his career journey.

Mr. Mubiru reached the mandatory retirement age on 25th August 2026, marking the end of a career spanning nearly three decades in Makerere University’s audit and financial management functions. In his 28 years of service, which he described as a rich and rewarding experience, Mr. Mubiru held the following positions: Assistant Internal Auditor, Head of Revenue and Expenditure Office, Principal Accountant, and College Bursar.

Addressing the College leadership and staff as well as University officials from the Directorate of Internal Audit, and the Directorate of Finance who convened to witness the colourful handover ceremony to Mr. George Lusiba, Mr. Mubiru appreciated the different offices at the University for their cooperation throughout his years of service.

In a very special way, he was delighted to note that Mr. George Lusiba who was taking over the mantle as the new College Bursar has worked with him closely in the execution of several tasks and activities within the Directorate of Finance. “To Mr. Lusiba, I wish you the best of luck in the position of the College Bursar,” said Mr. Mubiru.

From Internal Audit to Financial Management

Mr. Mubiru joined the University service in 1998 as Assistant Internal Auditor, a position that he held for one year. During this period, Mr. Mubiru prepared a report examining the collection and management of revenue at Makerere University.

According to Mr. Mubiru, the recommendations in the report impressed the University Management and Council. Consequently, he was transferred from Internal Audit to the Finance Department, where he served as Head of Revenue and Expenditure, presenting to him an opportunity to contribute directly to implementing some of the recommendations. He was later promoted to Principal Accountant, which positioned him to serve the College of Business and Management Sciences, and a key specialist in financial management and implementation within the University and beyond.

At the College level, Mr. Mubiru has been responsible of overseeing the financial functions within the college, management of the college annual budgeting processes, preparing financial reports at the university and college level, and ensuring compliance with financial guidelines of the university.

He acknowledged the tremendous support received from the following members of staff whom he has been supervising at the College level:  Mr. Charles Ssuna, Ms. Florence Amoding, and Ms. Mary Taaka.

Recognition of impactful service

The Principal of the College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale, applauded Mr. Peter Mubiru, for his dedicated service and contribution to the College over the years.

The Principal CoBAMS, Prof. Edward Bbaale,delivering his appreciation remarks. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
The Principal CoBAMS, Prof. Edward Bbaale,delivering his appreciation remarks.

He welcomed the incoming College Bursar, Mr. George Lusiba, and expressed the readiness of the College leadership and staff to work with him to ensure an efficient and effective financial management function. “Through his service, Mr. Lusiba will contribute to the continued growth and effective administration of the College,” said the Principal.

A Legacy of Leadership and Mentorship

Associate Professor Godfrey Akileng, Dean-School of Business, offers commendations to Mr. Peter Mubiru. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Associate Professor Godfrey Akileng, Dean-School of Business, offers commendations to Mr. Peter Mubiru.

The Dean, School of Business, Associate Professor Godfrey Akileng praised Mr. Peter Mubiru for the outstanding service, leadership, and mentorship.

“Mr. Mubiru is a straightforward and dedicated professional whose contributions had left a lasting impact on the School of Business and the wider university community,” he added.

He encouraged Mr. Mubiru to embrace retirement as an opportunity to pursue new ventures, wishing him good health, fulfillment, and God’s abundant blessings.

Compliance and Continuity in Office Transitions

Mr. Patrick Akonyet, Director of Internal Audit, highlights the public service standing orders. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Mr. Patrick Akonyet, Director of Internal Audit, highlights the public service standing orders.

Mr. Patrick Akonyet, the Head of the Internal Audit Directorate at Makerere University, highlighted the Public Service Standing Orders that govern the handover of office. He noted that these guidelines provide the minimum standards for conducting a lawful and transparent handover, accountability and safeguarding of public resources, as well as promoting continuity in institutional operations.

Collaboration, Accountability and Financial Stewardship

Delivering his acceptance remarks, Mr. Lusiba pledged to work with the College leadership, staff and stakeholders in the execution of the financial management function.

Incoming College Bursar, Mr. George Lusiba, delivering his acceptance remarks. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Incoming College Bursar, Mr. George Lusiba, delivering his acceptance remarks.

“I am deeply honoured to take on the responsibility of the College Bursar. I thank the College leadership and staff for the warm welcome and I pledge to collaborate with everyone to strengthen financial stewardship, accountability and service to excellence.”

The handover ceremony was witnessed by following university staff: Prof. Edward Bbaale-Principal, Associate Professor James Wokadala-Deputy Principal, Dean, School of Business-Associate Professor Godfrey Akileng, Dean, School of Economics-Associate Professor Ibrahim Mike Okumu, Dean, School of Statistics and Planning-Dr. Margaret Banga, Mr. Patrick Akonyet-Head of Internal Audit, Mr. George Turyamureeba-Deputy University Bursar, Ms Racheal Ikiriza-College Human Resource, Mr. David Ikoma-College Procurement Officer, Ms. Ritah Namisango-Principal Communication Officer, Ms. Stella Butamanya-School Registrar, Mr. Joseph Ikarokok-Chief Custodian, Mr. Julius Muhwezi-Planning Officer and among other members of staff at the College level.

Pleased with Mr. Peter Mubiru’s record of a service, Dr John Bosco Oryema, a member of faculty at the College of Business and Management Sciences said: “Congratulations upon reaching the mandatory retirement. You served with a smile and dedication. I remember when you were the Chief Cashier in the Main Building, you supported many of us in processing the Staff Development Fund. Enjoy the fruits of the hard work.”

Goodwill messages from staff and colleagues

Dr Jude Mugarura: It was a great service coupled with commitment and professionalism. Well done my dear brother, Mr. Peter Mubiru.

Dr Faisal Buyinza: Dear Peter Mubiru, congratulations upon your dedicated service to Makerere University.

Dr Zaina Nakabuye: Congratulations Mr. Peter Mubiru upon reaching this milestone.

Dr Aisha Nanyiti: Congratulations Mr. Peter Mubiru on your dedicated service.

Dr Susan Namirembe Kavuma: Well done Mr. Peter Mubiru, we wish you the best in your new chapter of your life.

Dr Issa  Sekatawa: My brother, you have served. We enjoyed our brotherhood before I joined Makerere University

Dr Christopher Muganga: Mr. Peter Mubiru, for your great service to Makerere University and humanity at large, and all the best in your upcoming engagements.

Agnes Ssempebwa: Congratulations Mr. Peter Mubiru on your dedicated service, I wish you od’s blessings in your new chapter of life

Geoffrey Nuwagaba: Thank you Mr. Peter Mubiru for serving us diligently and retire with flowers. I pray that more gates open for you in the next endeavours.

Dr. Patricia Ndugga: Congratulations Mr. Peter Mubiru on your diligent service. Best wishes ahead.

Emmanuel Ssemuyaga: Congratulations on your retirement. It has been a pleasure and privilege working with you. I truly enjoyed the time we interacted, and your contribution, warmth, and collegiality made the experience both exciting and memorable.

Peter Kisaakye: Congratulations Mr. Peter Mubiru. Wishing you well.

Dr Sarah Bimbona: Congratulations. Wishing you all the best in the new Chapter.

Dr Godfrey Akileng: Congratulations. Thank you for completing your tour of duty in building for the future. Your diligent contribution and professionalism leaves a mark. You have been a brother. May the good Lord bless you abundantly.

Dr Kasim Sendawula: Well done Mr. Peter Mubiru. We have indeed enjoyed your dedicated service. May the Almighty God bless you as you embark on a new chapter of life.

Dr Marion Nanyanzi: Congratulations Mr. Peter Mubiru. May the Almighty God bless and guide you as you begin a new chapter.

Dr John Mushomi: Well done Mr. Peter Mubiru. Thanks for keeping young and cool. I am sure work has just started at yours as you retire. The world needs your service more than ever before.

Tadeo Masimengo: May you be blessed as you retire from Makerere University

Dr Peter Babyenda: Thank you for the work well done. Best wishes.

Chris Alioni:  Congratulations Mr. Peter Mubiru. You have served well.

Dr Stephen Wandera:  Congratulations Mr. Peter Mubiru. You have served us well. I will miss this great partnership and collegial work ethic.

Dr Lillian Tukahirwa: You have served Makerere University with dedication. To God be the glory for the accomplishments and good work.

Jude Sebuliba: Congratulations Mr. Peter Mubiru. I wish you a successful and fruitful re-engagement.

Patience R. Mushengyezi: Congratulations Mr. Peter Mubiru. May God guide you in your next phase.

Paneah Asiimwe: You are a good man. Mr. Peter Mubiru, enjoy your retirement.

Dan Kiganda: Congratulations Mr. Peter Mubiru. Thank you for the dedicated service.

Eric Tumwesigye: Enjoy your next deployments because definitely, you are going for fresh and awesome deployments.

Pictorial:

CoBAMS Management and Staff join the Outgoing College Bursar at Official Handover of Office. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
CoBAMS Management and Staff join the Outgoing College Bursar at Official Handover of Office.

Staff directly overseen by the outgoing CoBAMS Bursar pose together for a photo session during the handover. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Staff directly overseen by the outgoing CoBAMS Bursar pose together for a photo session during the handover.

Ritah Namisango
Ritah Namisango

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The Gambia Benchmarks Makerere’s Public Investment Management Model

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Prof. Edward Bbaale and Prof. Eria Hisali pose for a group photo with Mr Baboucarr Jobe, his delegation and officials on 28th August 2026. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.

The Gambia is looking to deepen its public investment management (PIM) systems by drawing lessons from Uganda, with a high-level delegation from the West African country visiting Makerere University’s Public Investment Management (PIM) Centre of Excellence to benchmark Uganda’s experience.

The delegation, led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, visited Makerere University’s Public Investment Management (PIM) Centre of Excellence to learn from Uganda’s approach to project conceptualisation, appraisal, implementation, monitoring and evaluation.

The visit is part of wider reforms being undertaken by The Gambia to strengthen its economic, judicial and institutional systems, with public investment management identified as a critical area for improvement.

Speaking during the visit, Mr Jobe said The Gambia had embarked on PIM reforms in collaboration with the International Monetary Fund (IMF), which advised the country to benchmark its systems against countries with relevant experience.

“Several countries were recommended, but we ultimately chose Uganda. I am happy to say that we are glad we selected Uganda for this assignment,” he said.

He noted that although the delegation initially intended to focus specifically on public investment management, the visit had exposed them to broader areas with potential for cooperation between Uganda and The Gambia.

The delegation also visited Makerere University’s Innovation Centre, where it explored initiatives that could support collaboration between the two countries in advancing economic development.

Mr Jobe said institutions in The Gambia, including the University of The Gambia and the Civil Service University, could potentially collaborate with Makerere University and its Innovation Centre.

Closing gaps in public investment

Mr Jobe identified project conceptualisation, project evaluation, project implementation, monitoring and evaluation as some of the major gaps in The Gambia’s public investment management system.

He said the delegation was particularly impressed by Uganda’s systematic approach to managing public investments and the collaboration among institutions involved in the process.

Mr Baboucarr Jobe. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Mr Baboucarr Jobe.

“What has impressed us in Uganda is the manner in which the public investment management process is carried out step by step,” he said.

The Gambian delegation also observed collaboration among key government institutions, including the Ministry of Finance, Office of the Prime Minister, Office of the President and other stakeholders.

Mr Jobe said such institutional collaboration was an important lesson that The Gambia would seek to replicate.

The delegation had an opportunity to participate in a Development Committee meeting, where they observed how different government offices work together to advance Uganda’s development priorities.

Makerere Centre plays key role

The visit was hosted by the Public Investment Management Centre of Excellence, which is integrated into Uganda’s broader public investment management system.

Prof. Edward Bbaale welcomed the Gambian delegation and said the visit provided an opportunity for peer learning and exchange of practical experiences between the two countries.

He said countries were at different stages of strengthening their public investment systems, making peer learning an important avenue for identifying approaches that could be adapted to different institutional contexts.

Prof. Edward Bbaale. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Edward Bbaale.

“We hope to share not only what has worked well, but also some of the challenges we have encountered and the lessons we have drawn from them,” Prof. Bbaale said.

He encouraged the delegation to engage openly with the Makerere team, ask questions and share their own experiences to ensure that the benchmarking exercise was practical and mutually beneficial.

Building capacity for better investments

Prof. Eria Hisali, who presented an overview of the Centre, emphasised the importance of strengthening public investment systems to ensure that limited public resources are used effectively.

He explained that capital investments remain a key driver of economic growth, but governments often face resource constraints that make it impossible to implement every proposed project.

A strong public investment management system, he said, enables governments to assess and select projects based on their potential returns and development impact.

The Centre aims to support this process by building a pool of well-prepared projects at different stages of development, enabling government to make informed decisions about which projects to finance and implement.

Prof. Eria Hisali (L) presents Makerere's Souvenir Coffee Table Book to Mr Baboucarr Jobe (R). Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Eria Hisali (L) presents Makerere University‘s Souvenir Coffee Table Book to Mr Baboucarr Jobe (R).

The PIM Centre of Excellence was established with support from the Foreign, Commonwealth and Development Office (FCDO), the UK Trust Fund and the Government of Uganda. It initially operated as a project before being mainstreamed into the Government of Uganda, with its resources now coming directly from government.

Since its establishment, the Centre has trained 526 public-sector officials in areas related to public investment management.

Its training programmes cover key stages of the PIM cycle, including project conceptualisation, integrated analysis, feasibility studies, financial and economic appraisal, risk analysis, project execution, procurement and evaluation.

Strengthening South–South cooperation

For Mr Jobe, the visit was also an opportunity to challenge the tendency of African countries to look outside the continent for solutions to development challenges.

He argued that African countries operate in broadly similar environments and face many common challenges, making the continent an important source of knowledge and practical solutions.

“We need to move away from always looking outside Africa for solutions. There are many valuable initiatives being undertaken by our African brothers and sisters, and it is important that we learn from one another,” he said.

Prof. Eria Hisali takes the delegation on a brief guided tour of the Main Campus. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Eria Hisali takes the delegation on a brief guided tour of the Main Campus.

He proposed stronger partnerships between institutions in Uganda and The Gambia, including possible collaboration between universities and civil service training institutions.

“This visit is one step in that direction. South–South cooperation needs to be further strengthened,” he said.

Investing limited resources for greater impact

The Gambian delegation’s interest in public investment management is closely linked to the country’s development challenges.

According to Mr Jobe, The Gambia’s GDP is currently just under US$3 billion, with annual economic growth estimated at between five and six per cent. Inflation has declined significantly from double-digit levels to approximately seven per cent, although poverty remains high at more than 50 per cent.

He said strengthening public investment management was therefore essential to ensuring that the country’s limited public resources generate tangible benefits for citizens.

Prof. Edward Bbaale takes the delegation on a guided tour of the upcoming Makerere Museum. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Edward Bbaale takes the delegation on a guided tour of the upcoming Makerere Museum.

“This visit will help us ensure that public investment and the limited public resources available to us are utilised efficiently and provide benefits to the average Gambian,” he said.

He added that achieving value for money from public resources would enable citizens to experience greater benefits from government investments and contribute to poverty reduction. The visit marked an important step towards strengthening institutional cooperation between Uganda and The Gambia, while positioning Makerere University and its PIM Centre of Excellence as a potential partner in building public-sector capacity beyond Uganda.

Betty Kyakuwa
Betty Kyakuwa

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Makerere University Inaugural Conference on Noonomy Paves way for Centre of Excellence in Africa

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Seated L-R: Prof. Sarah Ssali, Mr. Sergey Lobanov-Head of Mission, Russian Embassy in Uganda, Prof. Nikolay D. Dmitriev, Prof. Edward Bbaale, Dr. Robert Ngobi, Mr. Davis Vuningoma and Prof. Ibrahim Mike Okumu with Dr. Peter Babyenda and CoBAMS Students (Standing) on 20th August 2026. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa

Makerere University on 20th August 2026, hosted the historic inaugural conference on the Theory of Noonomy, bringing together scholars, policymakers, international partners and students to explore a bold new paradigm for addressing modernity’s deepest crises. Organised by the School of Economics, College of Business and Management Sciences (CoBAMS) in collaboration with the S.Y. Witte Institute for New Industrial Development, St. Petersburg Polytechnic University, Russia and supported by the Makerere University Research and Innovations Fund (Mak-RIF), the conference was held under the theme “The Theory of Noonomy and Its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation.”

The event held in the Senior Common Room, Main Building underscored Makerere’s strategic commitment to thought leadership in Africa’s transformation, positioning the University as a continental hub for alternative development thinking.

Bold Thinking Amid Global Crises

Representing Vice Chancellor Prof. Barnabas Nawangwe, the Deputy Vice Chancellor in charge of Academic Affairs (DVCAA), Prof. Sarah Ssali described the gathering as both timely and historic.

“Across the globe, we continue to witness systemic crises rooted in market fundamentalism, unchecked resource depletion, and the ideology of growth for the sake of growth. These contradictions are not abstract, but they manifest in climate change, widening inequality, and the erosion of social cohesion” Prof. Ssali stated.

On this note, she lauded the Theory of Noonomy, developed by Prof. Sergey Bodrunov, as a transformative lens. She noted that Prof. Sergey Bodrunov’s Theory of Noonomy that prioritizes reason, humanistic values and solidarism, offers a sustainable path forward in the midst of global crises driven by market fundamentalism, resource depletion and endless growth, exacerbated by climate change, inequality, and social erosion. The Theory envisions a shift to a New Industrial Society of the Second Generation (NIS.2) where knowledge, technology, and human potential drive progress.

Prof. Sarah Ssali. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Sarah Ssali.

“Hosting this conference is not accidental,” Prof. Ssali affirmed, adding that it “Reflects our commitment to shaping debates that matter for Africa’s future.” She outlined the conference’s five core objectives: to introduce and contextualise Noonomy within Africa’s socio-economic realities; to explore solutions to systemic challenges such as inequality, resource scarcity and climate change; to identify pathways for integrating Noonomy principles into policy, education and institutional frameworks; to foster collaboration among scholars, policymakers and practitioners; and to lay the groundwork for establishing a Noonomy Centre at the School of Economics, CoBAMS.

She added that once established, the Centre will serve as a hub for continental dialogue, research, and innovation, hence positioning Makerere and her partners to “transform the theory of Noonomy into a living agenda for Africa, that prioritizes knowledge, human potential, and sustainable transformation”.

Noonomy’s Emphasis of Knowledge as the Primary Productive Force

Prof. Sergey Bodrunov, Director of the S.Y. Witte Institute and author of the theory, addressed the conference virtually and underscored Noonomy’s relevance in an era of technological power that can either destroy or elevate humanity. He argued that neoliberal models have entrenched inequality and ecological crises, while the gradual removal of humans from direct material processes open a path to a non-economic mode of satisfying rational human needs.

Prof. Sarah Ssali (L) and Prof. Nikolay D. Dmitriev (R) and member of the delegation from Russia (C). College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Sarah Ssali (L) and Prof. Nikolay D. Dmitriev (R) and member of the delegation from Russia (C).

Additionally, Prof. Nikolay Dmitriev, Director of the S.Y. Witte Institute expanded on the practical implications for Africa. He stressed that technological sovereignty must be pursued without repeating the dependency traps of earlier industrialisation. Cognitive technologies, he noted, can either subordinate humans to the technosphere or place technology in service of human potential. On the other hand, he noted that Africa’s rapid demographic growth and cultural diversity make it a critical laboratory for Noonomy’s application.

Panel Scrutinizes Noonomy under the lens of Ugandan Realities

Moderating the high-level panel, the Principal CoBAMS, Prof. Edward Bbaale, set the stage with a question on the Ugandan context: Can the country move from a technology-consuming economy to a knowledge-producing one while remaining human-centred and inclusive? He outlined three tests any technology adoption should pass under a Noonomy lens; productivity, human development, and inclusion.

“The first test is the productivity test. Does it improve what society can produce? The second test is the human development test. Does it expand skills, creativity, capabilities, and quality of life? And then number three, the inclusion test. Are its benefits widely spread, or does it deepen exclusion?” Prof. Bbale pondered, as he equally thought to interrogate how the theory aligns with Uganda’s tenfold growth strategy and National Development Plan IV.

Panellists included Prof. Robert Wamala-Director of Research, Innovations and Partnerships (DRIP), Makerere University, Dr. Robert Ngobi-Director Policy Research, National Planning Authority (NPA), Mr. Davis Vuningoma who represented Dr. Albert Musisi-Commissioner Macroeconomic Department, Ministry of Finance, Planning and Economic Development (MoFPED) and Prof. Nikolay D. Dmitriev. Discussions centred on mainstreaming knowledge as a productive force in national planning, financing long-term knowledge-intensive capabilities, and ensuring industrialisation expands rather than displaces human potential.

Prof. Wamala emphasised the need to Africanise the theory, “We should not simply import the concept… Our role should be to interrogate, Africanise and generate evidence on what a knowledge and intelligence-driven economy means in the African context.” He proposed an interdisciplinary research programme, curriculum transformation from knowledge transmission to intelligence development, and the creation of an African Noonomy network led by Makerere.

L-R: Prof. Edward Bbaale with Panelists-Mr. Davis Vuningoma, Dr. Robert Ngobi, Prof. Robert Wamala and Prof. Nikolay D. Dmitriev. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
L-R: Prof. Edward Bbaale with Panelists-Mr. Davis Vuningoma, Dr. Robert Ngobi, Prof. Robert Wamala and Prof. Nikolay D. Dmitriev.

Dr. Ngobi in his submission noted that although the principles of Noonomy are already addressed by aspects of developing planning, he pointed to the need to address a series of “missing middles” attributed to: reliable and well-costed electricity supply to support hi-tech industries; infrastructure in form of roads, digital infrastructure; seamless interconnectivity in the form of mass rapid transport systems for people and goods; mass education systems; mass health systems that are not only sensitive to local diseases but also viable for medical tourism; as well as knowledge research and innovation informed by national priorities.

Addressing financing of national development priorities, Mr. Vuningoma emphasised the Government appreciation of the need to fund Science, Technology and Innovation (STI) as a pillar for economic transformation. As such he shared that over UGX 1 Trillion had been allocated to the STI sector to support innovations particularly in health.

Prof. Dmitriev on his part addressed the research topics that should become priorities for the first stage of cooperation between Makerere University and the World Association of Noonomy and the S.Y. Witte Institute of Noonomy and New Industrial Development.

Questions from the floor and online participants focused on inclusivity of youth and women, reconciliation of Artificial Intelligence (AI) with African cultural values and indigenous knowledge, and mechanisms to prevent elite capture of automated production. Panelists stressed that Noonomy’s emphasis on solidarity and human-centred development provides the ethical foundation for addressing these concerns through joint research.

Courtesy Call on the Vice Chancellor

Key on the agenda of the visiting delegation was a courtesy call on the Vice Chancellor, Prof. Barnabas Nawangwe. In his remarks, Prof. Nawangwe thanked Prof. Sergey D. Bodrunov, author of the Theory of Noonomy and Prof. Dmitriev for choosing Makerere out of all African Universities as partner in advancement of future collaborations and research. He added that setting up a Centre of Excellence in Noonomy at the School of Economics would bolster the University’s aspirations to become Africa’s thought leader in knowledge generation for societal transformation and development.

Prof. Barnabas Nawangwe shakes hands with Prof. Nikolay D. Dmitriev. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Barnabas Nawangwe shakes hands with Prof. Nikolay D. Dmitriev.

Transitioning from Dialogue to Institutional Action

In his closing remarks, Dean of the School of Economics, Prof. Ibrahim Mike Okumu described the conference as the start of a sustained institutional relationship rather than a one-off event. He committed the School to developing a concrete research agenda with named outputs and timelines, including joint studies on automation and labour markets in African economies, doctoral exchanges, and empirical testing of Noonomy claims against Ugandan and East African data.

“Let us treat Noonomy as a diagnostic, not a blueprint,” Prof. Okumu urged. “Its greatest value to us is not a policy program awaiting adoption, but a lens sharpening the questions our own planners must answer directly. How do we build human and creative capacity alongside industrial capacity rather than after it? How does this school develop a research agenda that studies Uganda’s own transition rather than import a finished framework wholesale?” he pondered.

Prof. Barnabas Nawangwe (2nd L) and Prof. Nikolay D. Dmitriev (2nd R) with Prof. Ibrahim Mike Okumu (R) and Ms. Ritah Namisango (L) during the courtesy call. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Barnabas Nawangwe (2nd L) and Prof. Nikolay D. Dmitriev (2nd R) with Prof. Ibrahim Mike Okumu (R) and Ms. Ritah Namisango (L) during the courtesy call.

He announced Makerere’s forthcoming participation in the World Association of Noonomy Congress in Italy and reiterated the University’s determination to establish the proposed Noonomy Centre as a hub for continental dialogue, research and innovation.

The conference concluded with exchanges of gifts, group photographs and expressions of gratitude to partners including the Government of Uganda through Mak-RIF, the Russian Embassy, and the S.Y. Witte Institute.

Mak Editor

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