Business & Management

Makerere University-Prudential Assurance sign MoU

Published

3 years ago

October 24, 2022

The Vice Chancellor, Prof. Barnabas Nwangwe (Right) shakes hands with Mr. Tetteh Ayitevie, the CEO of Prudential Assurance after the MoU signing on 21st October 2022 at Makerere University.

Makerere University and Prudential Assurance Uganda on October 21th, 2022 signed a partnership to establish the “Prudential Actuarial Support Scheme” (PASS) at the college of Business and Management Sciences.

The Memorandum of Understanding was signed by Vice Chancellor Prof. Barnabas Nawangwe and Mr Tetteh Ayitevie, the CEO of Prudential Assurance.

This memorandum of understanding looks at the establishment of a scheme that looks to promote development of actuarial capacity through rewarding excellent students in actuarial science as well as supporting top graduate students with mentorship, internship opportunities and financial assistance to become certified actuaries at the College of Business and Management sciences (CoBAMS).

Each year one top student from Makerere University will be offered a one-year apprenticeship at Prudential and the top five students of Actuarial Science will each be rewarded with USD 500 upon graduation. Prudential will also cover the cost of all examinations written by the students.

Professor Eria Hisali the Principal College of Business and Management Sciences which is the beneficiary college highlighted that it is such another important day for the university for yet again to partner with prudential a few days after ACCA Global to boost training in the Bachelors of Commerce and Actuarial Sciences.

“The Choice of partnering with Prudential and ACCA Global speak to an initiative of quality assurance and our strategic focus set in place by CoBAMS to ensure standard and professionalism for our students”. Said Professor Hisali who thanked Prudential Assurance Uganda for always thinking about Makerere University.

Speaking during the launch, Mr. Tetteh Ayitevie, CEO- Prudential said “As a business, promoting professionalism within the industry is important. This program seeks to pave the path for graduates in actuarial science to sign up for professional affiliate programs as a way of deepening their knowledge of insurance from a business perspective”.

Mr. Ayitevie added that by this partnership, a seed of transformation in the economic development of Uganda has been sown since the country is on the move evident by the steadily increasing uptake of Insurance as reported by the Insurance regulatory Authority (IRA) of Uganda.

Mr. Ivan Kilameri who represented the Chief Executive Director Insurance Regulatory Authority Uganda Al-Hajji Kaddunabi Lubega, said the PASS program is a timely endeavor, coming at a time when the insurance industry is noticing a rise in the demand for insurance financial services.

“Insurance is a vehicle through which people cultivate their financial security and cultivate their wealth and largely hinged on actuarial science. This program is timely and will go a long way in increasing the number of certified actuaries in the industry,” concluded Mr. Kilameri.

Professor Barnabas Nawangwe the Vice Chancellor Makerere University, thanked Prudential for the initiative that will go a long way in making certification more attractive to students highlighting how tremendously Makerere has impacted the world in every discipline to an extent that every country in the world at least has a product from the “Ivory Tower”.

Prof Nawangwe added that considering the experience Prudential has in insurance, he is convinced beyond measure that it will guide and mentor not only Makerere University students but also staff to improve their lives and careers at large.

The Prudential Actuarial Support Scheme (PASS) is a deliberate move by Prudential to contribute to the growth of Insurance Industry in Uganda and ensure that the sector has required resources to develop products that meet the needs of the customers.

This similar program by prudential is also run in Kenya and Ghana since 2014 and 2015 respectively and very intentional that due to this program, at least 25 actuarial students will be supported by 2027.

Related Topics:actuarial CoBAMS insurance Internship IRA mentorship MoU regulator students

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Business & Management

Cementing the Mak-UNISA partnership: Prof. Sarah Ssali meets Dr. Sizile Makola

Published

3 days ago

April 15, 2026

Ritah Namisango

L-R: Associate Prof. Godfrey Akileng, Dean,School of Business, Visiting Scholar-Dr. Sizile Makola, DVCAA-Prof. Sarah Ssali, Ms. Agnes Sansa-PhD Student during the meeting on 13th April 2026.

On 13^th April 2026, Prof. Sarah Ssali, the Deputy Vice Chancellor (Academic Affairs) of Makerere University, hosted Dr. Sizile Makola, a Visiting Scholar and Senior Lecturer from the University of South Africa (UNISA).

Makerere University and the University of South Africa committed to partnership and collaboration through a signed Memorandum of Understanding (MoU). Consequently, Dr. Makola, a researcher and an expert in human resource and business management is scheduled to spend two weeks at Makerere University, interacting with the leadership at different levels, researchers, students, as well as staff in the Department of Marketing and Management, School of Business under the College of Business and Management Sciences (CoBAMS).

Additionally, the visit accords Dr. Makola the golden opportunity to finalise her comparative studies with members of staff from the Department of Marketing and Management on behalf of Makerere University for the Ugandan context.

The meeting between the Deputy Vice Chancellor (Academic Affairs) and Dr. Sizile Makola was attended by Associate Professor Godfrey Akileng-the Dean, School of Business, and Ms. Agnes Sansa from the Department of Marketing and Management.

Welcoming the Visiting Scholar, the Deputy Vice Chancellor (Academic Affairs) urged Dr. Makola to solidify the Memorandum of Understanding (MoU) between both universities through academic exchanges and deepening scholarship on African-centred leadership.

Prof. Ssali shared a brief trajectory that has shaped Uganda’s workspace. She mentioned the critical role of three pillars that have fundamentally influenced the human resource development landscape in Uganda namely: Cultural practices, Structural Adjustment Programs (SAP), and Spirituality/Religion. She also acknowledged the distinct historical differences between Uganda and South Africa.

Dr. Makola’s discussion with the Deputy Vice Chancellor (Academic Affairs) also featured the ongoing comparative study that Dr. Sizile Makola and Ms. Agnes Sansa are conducting in relation to how organizational and human resource management conditions shape the recognition and conversion of women leadership resilience in Uganda and South Africa.

The study is titled: Ubuntu/Obuntu Bulamu, Emotional Capital and Women’s Leadership Resilience: A Comparative Study Across Public and Private Sectors in South Africa and Uganda.

Impressed by the ongoing study, Prof. Ssali implored the visiting faculty-Dr. Sizile Makola to share with her the findings in due course.

Prof. Ssali expressed the readiness of the Office of the Deputy Vice Chancellor (Academic Affairs) to work with the different units within Makerere University, and the University of South Africa, to support programmes aimed at strengthening collaboration, partnership, research, and internationalization.

On 10^th April 2026, Dr. Makola delivered a captivating guest lecture titled,Re-Imagining Human Resource Management in Africa, targeting undergraduate and postgraduate students pursuing human resource management courses at Makerere University.

Emphasizing the need to integrate indigenous knowledge and organizational practice, Dr. Makola argued that researchers should theorize from African contexts, treat indigenous knowledge as a source of theory, use methodologies capturing moral, communal, and context-bound dimensions of work, and build concepts from African languages, values, and institutional histories.

She stressed the need for African-centered human resource management thinking, rather than just adding local case studies to Western frameworks. Dr. Makola’s argument was informed by limitations of Western human resource management frameworks, which assume autonomous individuals, formal institutions, and technical organizations, which are separate from family and community.

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Business & Management

Call For Applications: Student Mobility – University of Padova, Italy (Oct 2026-Jan 2027)

Published

5 days ago

April 14, 2026

Mak Editor

Group Photo of the trainers and trainees that took part in the workshop on multivariate statistics and time series analysis, held 11th-20th June 2024 between the School of Statistics and Planning, CoBAMS and University of Padova, Italy. Makerere University School of Statistics and Planning-University of Padova, Italy dynamic workshop on multivariate statistics and time series analysis, 11th to 20th June 2024, Makerere University, Kampala Uganda, East Africa.

Arising from an existing Memorandum of Understanding (until September 2028) between University of Padova, Italy (UniPd) and Makerere University (Mak), the two institutions partnered and will jointly implement the Bilateral Agreement for the mobility for students between 2026 and 2027. At Mak, the Departmental Flow Coordinator is Symon Peter Wandiembe (PhD) and the project Principal Investigator and Contact Person is Saint Kizito Omala (PhD), both of Department of Statistical Methods and Actuarial Science (DSMAS).

In this regard, the Department of Statistical Methods and Actuarial Science wishes to announce opportunities for student mobility to the Department of Statistical Sciences, University of Padova, Italy for the Winter Semester, October 2026 – January 2027.

The selection process shall entail five-steps:

Step 1: Submission of documents by candidates for nomination, with an internal deadline of April 20^th, 2026, 05.00 p.m. (EAT) to allow for time to process nomination applications;
Step 2: Meeting of the Nomination Committee to review documents received from applicants;
Step 3: Submitting the list of nominated candidates, by April 30^th, 2026, to the International Projects and Mobility Office of the University of Padua, Italy;
Step 4: Eligibility check and communication to successful candidates by the International Projects and Mobility Office of the University of Padua, Italy; and
Step 5: Application for the Mobility opportunity by successful candidates.

Please see download for detailed call.

Inquiry

S.K. Omala via +256 772 491545 before April 20^th, 2026.

Advert Bilateral UniPd_Mak_Agreement_for Student Mobility Download

Business & Management

Mak CoBAMS Hosts UNISA’s Dr. Sizile Makola

Published

1 week ago

April 8, 2026

Ritah Namisango

L-R: Dr. Zaina Nakabuye, Dr. Jude Mugarura, Dr. Agnes Sansa, Dr. Sizile Makola, Prof Edward Bbaale and Dr. Anthony Tibaingana at the 8th April 2026 meeting in the Office of the Principal. Principal of the College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale welcomes Dr. Sizile Makola, a Senior Lecturer in Human Resource Management from the University of South Africa (UNISA), to the College and Makerere University, Kampala Uganda, East Africa, 8th April 2026.

On Wednesday 8^th April 2026 the Principal of the College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale received and welcomed, Dr. Sizile Makola, a Senior Lecturer in Human Resource Management from the University of South Africa (UNISA), to the College and Makerere University.

The interaction meeting held in the Office of the Principal brought onboard the following members of staff from the Department of Marketing and Management, School of Business: Dr. Jude Mugarura, Dr. Zaina Nakabuye, Dr. Agnes Sansa, and Dr. Anthony Tibaingana.

Dr.Sizile Makola is visiting Makerere University for two (2) weeks to cement the MoU between Makerere University and UNISA and to finalise her comparative studies with staff from the department of marketing and management on behalf of Makerere University for the Ugandan context.

Dr. Makola is scheduled to deliver an interactive guest lecture to undergraduate and postgraduate human resource management students on Friday 10^th April 2026 from 2:00pm to 4:00pm in the School of Business, Conference Hall.