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.
Poster for Public Lecture on Research Collaboration Across Borders hosted at Makerere University College of Business and Management Sciences.
Delivering the public lecture, titled: Research Collaboration across borders, Prof. Ken Kamoche from Nottingham University, urged researchers at Makerere University, to undertake research that will strengthen and empower Africa, including fields that are ignored.
“My research has focused on those pertinent issues and fields that are always ignored. I call upon you to re-consider undertaking research in the fields of knowledge management, innovations, indigenous knowledge, identity, artificial intelligence (AI) and Africa at large,” said Prof. Kamoche.
Acknowledging that he had undertaken tremendous research and publication in human resource management and organizational studies, Prof. Kamoche testified that he took a paradigm shift to focus on the values that underpin the organizational behaviour.
Held at Makerere University Yusuf Lule Central Teaching Facility Auditorium on 3rd March 2026, the public lecture attracted faculty from Makerere University, Kyambogo University, Uganda Christian University, administrators, researchers, and students. Before heading to the public lecture, Prof. Kamoche held a discipline-specific meeting with academic staff at the School of Business under the College of Business and Management Sciences (CoBAMS) at Makerere University.
The Africa Research Group: Fostering Global Scholarly Engagement and CapacityBuilding
Prof. Ken Kamoche of the University of Nottingham and Director of the Africa Research Group (ARG) highlights the role in bridging the scholarly divide and strengthening research collaboration.
Prof. Kamoche highlighted the establishment of the Africa Research Group to address the gap in engagement between scholars in Africa and their counterparts in Europe, Asia, and North America.
Established in 2012, the Africa Research Group at Nottingham University Business School provides a platform to spur knowledge transfer across disciplines and continents.
“I am here to inspire you to do research. If you are looking for a platform, I invite you to utilize the Africa Research Group. We have been able to give researchers from Africa a voice. We welcome research students at all levels,” Prof. Kamoche said.
He pointed out that the Africa Research Group provides mentorship to postgraduate and early-career researchers, supports doctoral supervision, joint publications, and funding applications. Prof. Kamoche encouraged students and faculty members to participate in future activities and pursue collaborative research opportunities.
What inspires Prof. Kamoche?
Responding to a question from the students who admired his commitment to research, publication, authorship, Prof. Kamoche said: “The desire to make a difference and share knowledge with others, and make an impact.”
Research collaboration
Dr. Christopher Muganga-a Member of faculty School of Business,CoBAMS College Moderatoring the Public Lecture.
During the public lecture, Dr. Christopher Muganga, Dr. Seperia Wanyama, and Dr. Anthony Tibaingana from the School of Business, and Dr. John Mushomi from the School of Statistics and Planning, emphasized the importance of research and collaboration in the transformation of countries and societies in general. The members of faculty stressed the importance of knowledge sharing and exchange of ideas, authorship and publication, mentorship, joint research undertakings and networking.
Makerere University Students listening to the proceedings of the Public Lecture.
Global academic collaboration
Dr. Seperia Bwadene Wanyama, a member of faculty & expert in Human Resource Management-School of Business, College of Business and Management Sciences.
Dr. Seperia Wanyama highlighted the significance of the public lecture in creating opportunities for collaboration, knowledge exchange, and the collective advancement of academic and societal understanding.
“The event serves as a platform for fostering diversity in academia, bringing together researchers, students, and administrators to engage in shared learning,” he said.
He applauded Prof. Ken Kamoche for his distinguished contributions global academic collaboration and research. He credited Prof. Kamoche for his willingness to share valuable insights on research collaboration across borders. He urged participants to remain active and engaged throughout the session.
Talent Management and Cross-Continental Collaboration
Prof. Kamoche commended Makerere University for hosting him, reflecting on the golden opportunity to engage with students, faculty, and researchers. He shared insights from his extensive academic journey, research contributions, and initiatives to strengthen collaboration across Africa, Asia, and the West.
Reflecting on talent management and organizational leadership, Prof. Kamoche noted that he has maintained a strong focus on leveraging his international experiences to foster cross-continental academic collaborations and address challenges relevant to both African and global contexts.
Focusing on talent management, Prof. Kamoche shared insights from his extensive research, explaining how organizations often take an “exclusive” approach, concentrating resources on a small group of high-performing individuals seen as the main drivers of value. He also highlighted a different perspective: the “inclusive” approach, which recognizes that every employee has unique skills that can contribute to the organization’s success.
Using recent research in Kenya’s banking sector, published in the South African Journal of Human Resource Management, Prof. Kamoche illustrated how talent management connects closely with innovation, employee engagement, and confidence. His findings indicated that while high performers are essential, sustainable success comes from balancing focus on star performers with developing the wider workforce.
Prof. Kamoche reflected on earlier studies conducted in Hong Kong, which examined the experiences of employees identified as “high potential.” He noted that being labeled talented can be a double-edged sword, creating pressure, high expectations, and sometimes causing employees to rethink their career priorities over time.
Comparative Insights on Asian Management and Strategic African Partnerships
Prof. Kamoche shared insights from his comparative research on Asian management practices, tracing his academic interest in Asia back to his graduate studies at Oxford. There, he examined Japanese management systems at a time when Japan’s economic model was admired worldwide. Through interviews with senior human resource executives in major Japanese corporations, he sought to understand the foundations of their organizational success.
Prof. Kamoche observed that while African countries are familiar with Western business systems, their understanding of Asian management philosophies remains limited. His research highlighted key differences in operational practices, particularly in areas such as time management and efficiency.
“Some Chinese infrastructure projects run continuously, reflecting a highly results-driven approach,” he noted. He acknowledged challenges raised by local employees regarding cultural differences, labor practices, and the need for more equitable engagement.
Prof. Kamoche emphasized that Chinese investment in Africa is far from uniform, encompassing state-owned enterprises, private firms, and long-term individual entrepreneurs. “African countries must strategically leverage these partnerships to maximize both economic and social benefits while protecting local interests,” he argued.
Dr. Anthony Tibaingana commends Prof. Kamoche’s Scholarly Impact
Dr. Anthony Tibaingana, Acting Dean of the School of Business,MakCoBAMS compliments Prof. Ken Kamoche for his insightful presentation on international research collaboration.
The Acting Dean of the School of Business, Dr. Anthony Tibaingana, lauded Prof. Kamoche for delivering an insightful lecture at Makerere University, describing the presentation as an exceptional exposition of knowledge and scholarship.
Dr. Tibaingana highlighted the significance of Prof. Kamoche’s return to Africa, describing it as a meaningful reconnection with his roots and a contribution to the continent’s intellectual growth.
The Acting Dean commended the depth of the presentation, particularly its insights into human resource management, leadership, and talent development. He emphasized that Africa, with its youthful population, presents both opportunity and responsibility for scholars to generate research-based solutions to the continent’s challenges.
He underscored the need for academia to address pressing issues such as leadership gaps, institutional weaknesses, and talent retention within universities and organizations.
Dr. Tibaingana encouraged faculty and students to continue engaging through research networks and ongoing conversations facilitated by the Africa Research Group at Nottingham University Business School.
Staff of CoBAMS attend the public lecture, reaffirming the university’s commitment to teaching, research, community engagement, and strong academic partnerships.
He reaffirmed the university’s commitment to teaching, research, and community outreach, noting that such engagements contribute to long-term academic partnerships and future institutional growth.
Moderated by Dr. Christopher Muganga from the School of Business, the public lecture concluded with the presentation of Makerere University Souvenirs to Prof. Kamoche and networking engagements with students.
Monica Meeme contributed to this story as a Guest Writer
Thirty public officers from various Ministries, Departments and Agencies (MDAs) have successfully completed a two-week intensive training in Integrated Regulatory Cost-Benefit Analysis (IRCBA), culminating in the award of certificates at a closing ceremony held on 27th February 2026 at the Pearl on the Nile Hotel in Jinja.
The training was jointly organized by the Public Investment Management Centre of Excellence at Makerere University and the Ministry of Finance, Planning and Economic Development (MoFPED), in collaboration with the Infrastructure and Social Services Department (ISSD) and the National Planning Authority (NPA). It focused on operationalizing the Revised Guidelines for the Issuance of Certificates of Financial Implication (CFIs), which came into effect on 1st July 2025.
A Strategic Reform for Fiscal Credibility
In closing remarks delivered on by Commissioner Paul Patrick Mwanja behalf of the Permanent Secretary/Secretary to the Treasury, participants were commended for undertaking the training during a demanding budget cycle, when many MDAs are simultaneously preparing the FY 2026/27 Budget, executing the FY 2025/26 Budget, and implementing the National Development Plan IV and the Tenfold Growth Strategy.
Commissioner Mwanja presents a certificate to one of the participants Kayemba Jonah Fred.
The PS/ST emphasized that the revised Guidelines mark a significant shift toward a more transparent, data-driven, consultative, and analytically rigorous approach to evaluating policy and legislative proposals. Participants were equipped to assess fiscal implications, evaluate economic and socio-economic impacts, analyze distributional effects, and address uncertainty using structured analytical tools.
They were reminded that training alone is not sufficient, the real test lies in consistent application. As members of the third cohort, they were challenged to serve as reform ambassadors, championing evidence-based policymaking and strengthening analytical standards across government.
Bridging Academia and Public Service
Delivering the official closing remarks, the Director of the PIM Centre of Excellence, Prof. Edward Bbaale, commended participants for their active engagement and unwavering commitment throughout the training.
He described the programme as both timely and strategic, designed to equip officers with practical tools to prepare robust Statements of Financial Implication (SFIs) that support credible issuance of CFIs. He noted that strong financial analysis enhances fiscal discipline, policy coherence, and the overall quality of legislation and public policy in Uganda.
Prof. Bbaale underscored the longstanding partnership between Makerere University and the Ministry of Finance, highlighting how it continues to bridge academia and public service by combining analytical rigor with practical policy experience. He emphasized that the collaborative model — bringing together faculty from the College of Business and Management Sciences and practitioners from Government, reflects the core vision of the PIM Centre of Excellence: strengthening national systems through evidence-based policymaking.
Commissioner Mwanja presents a certificate to one of the participants Nanyonga Elizabeth Kutesa. In the background is Prof. Edward Bbaale.
During the two weeks, participants gained hands-on experience in applying cost-benefit analysis across four critical dimensions: budgetary analysis, socio-economic analysis, distributive impacts, and risk assessment. Prof. Bbaale encouraged them to return to their institutions as agents of transformation, improving evaluation frameworks, strengthening regulatory decisions, and ensuring that public interventions deliver value for money and long-term development impact.
He also reaffirmed the Centre’s broader mandate beyond training, noting its recent support to the revision of Development Committee Guidelines, assessment of public investment performance since NDP I, and hosting of the Second Public Investment Management Conference in August 2025.”
Building from “Zero Kilometre”
Earlier, the Manager of the PIM Centre of Excellence highlighted the practical approach adopted during the training. Participants began with blank Excel sheets and built analytical models from scratch, likened to the engineering concept of starting at “zero kilometre,” where construction begins from the very starting point and progresses step by step.
The interactive sessions enabled participants from diverse disciplines, including policy analysts, planners and statisticians, to interrogate assumptions, refine costing approaches, and debate implementation and enforcement frameworks. Their sector-specific insights enriched the learning process and strengthened the analytical models developed.
The Manager noted that excellence is not about knowing everything, but about bringing together the right expertise. Facilitators from MoFPED, NPA, the Office of the President, and Makerere University ensured that theory remained grounded in practical government realities.
Participants Applaud Practical and Engaging Sessions
Speaking on behalf of the cohort, a participant described the training as highly engaging and transformative. The combination of theory and practical application, coupled with patient facilitation, allowed officers from varied professional backgrounds to learn from one another.
Some of the Participants that took part in the training.
The participant highlighted the final day’s discussions as the most impactful, expressing confidence that the knowledge gained would enhance policy analysis and improve the quality of programmes and projects across MDAs.
Certificates Awarded
The ceremony concluded with the award of certificates to all 30 participants in recognition of their successful completion of the IRCBA training. The certification marks another milestone in Government’s effort to build a critical mass of experts capable of institutionalizing rigorous financial and economic analysis in public policy processes.
As the workshop was formally declared closed, participants were encouraged to apply their newly acquired skills consistently, mentor colleagues, and contribute to strengthening fiscal governance across Government.
The PIM Centre of Excellence reaffirmed its commitment to continuous research, policy advisory support, and capacity building as Uganda advances toward more credible, transparent, and sustainable public decision-making.
A delegation from Botswana’s public investments sector on 25th February 2026 visited Makerere University’s Public Investment Management Centre of Excellence to benchmark its sustainable training model and draw lessons from Uganda’s well-established Public Investment Management (PIM) framework.
The team, composed of specialists in public investments, is exploring ways to strengthen capacity within Botswana’s public sector institutions. The delegation underscored the importance of structured and sustainable capacity-building programmes, noting that effective public investment management is central to driving national development and ensuring value for money in public projects.
During the engagement, the Botswana team sought to understand the Centre’s operational model, including how it designs and delivers training programmes that remain impactful over time. Particular interest was placed on the Centre’s approach to sustainable training delivery, the documentation of challenges and successes, and mechanisms used to ensure that public officers acquire long-term, practical skills that translate into improved project planning, appraisal, and implementation.
The visiting delegation commended Uganda’s commitment to institutionalizing PIM training and emphasized that cross-country learning is vital for strengthening public financial management systems across Africa. They observed that Uganda’s experience offers practical insights into building a resilient and responsive PIM framework anchored in continuous professional development.
As part of their recommendations, the delegation proposed the introduction of a hybrid training model to enhance accessibility for international participants. Under this approach, the theoretical components of PIM courses would be delivered online, allowing participants to engage remotely from Botswana and other countries. This would then be followed by in-person sessions in Uganda focused on hands-on, experiential learning at the Centre.
According to the delegation, such a model would significantly reduce travel costs and time while preserving the value of face-to-face practical training. The hybrid approach would also provide flexibility for busy public officers, enabling them to balance professional responsibilities with structured learning.
The visit further strengthened regional collaboration and reaffirmed the role of Uganda’s Public Investment Management Centre of Excellence as a hub for capacity development in public investment management across the continent.