Business & Management
CoBAMS sets up forum to coordinate academia, innovators & entrepreneurs
The College of Business and Management Sciences (CoBAMS) has set up a forum to facilitate partnerships and transfer of assistance from academia to small and middle-sized innovators and entrepreneurs. The forum was established at the first-ever Entrepreneurs’ Business Breakfast Meeting held in Yusuf Lule Central Teaching Facility, Makerere University on December 7, 2022.
The breakfast meeting was organised by the CoBAMS-based Makerere University Entrepreneurship and Outreach Centre, under the theme, ‘Makerere University’s role in entrepreneurship ecosystem’ The meeting was attended by government agencies, Makerere University faculty and students and a wide array of entrepreneurs in the private sector.
The forum was one of the two engagement platforms agreed upon in the meeting. Giving a wrap-up of the meeting’s discussions and resolutions, the college Principal Prof. Eria Hisali said, “We have agreed to set up two platforms: this one of academics with entrepreneurs and private sector practitioners, and the other for policymakers where we academics will engage with government ministries and agencies. The latter will be known as a policy laboratory. As for the former, the committee of volunteers we have set up today will come up with an appropriate name.”
A committee of ten volunteers was formed. They include;
- Mr. John Kakungulu Walugembe, the executive director of Federation of Small and Medium Enterprises Uganda
- Grace Nanyonga Mugisha, Grana Fish Supplies Ltd
- Kazigati B.L.F, NAADS secretariat
- Seregio Naturinda, Swiftia Devt ltd
- Sajjabi Bamuzala Robert, Uwezo Microfinance
- Nabuuma Teddy, Twin Cakery
- Pamela Nalukwago Ntalo, Pamville Schools
- Ssekimpi Philip Kakembo, Uganda Tailors Association
- Alitubera Martha
- Ssenogo Brian Kimuli
The committee will work with a secretariat to be headed by Dr. Sarah Bimbona, the director of the Makerere University Entrepreneurship and Outreach Centre (MakEOC). It was mandated to pursue the recommendations of the first Entrepreneurs’ Business Breakfast Meeting and plan for future activities which include organizing the second such meeting in June 2023.
It was further resolved that to start with, the forum should convene twice a year, but the committee should meet quite often and keep updating the forum members. The next meeting of the forum should have more numbers in attendance, with more entrepreneurs giving personal testimonies of assistance got from Makerere University.
VACATING COMFORT ZONES
Prof. Hisali was pleased to listen to requests for more practical interaction between academics and entrepreneurs and innovators in the practical economy. “I am happy that our guests are challenging us to get out of our comfort zones as academicians. As a college, we have the knowledge and the manpower – faculty and students – which we can dip into the ecosystem of business and innovation. We are well placed to provide advisory services in areas of funding, taxation and policies, among others,” Prof. Hisali affirmed.
He disclosed that the college works with several stakeholders such as Uganda Revenue Authority, Uganda Registration Services Bureau, women traders in Kampala markets and other communities. This, in addition to designing more practical and relevant academic programmes
Prof. Hisali said the conversation on how the university should guide potential entrepreneurs and investors, what type of skills should be given to students and how to build and sustain a solid bridge among academia, industry, finance and business should continue.
The Head, Department of Marketing and Management, Dr. Peter Turyakira, emphasized that the Makerere University of today is no longer the ivory tower of the past. “We recognize that we are in the knowledge era; so, we share the knowledge we create through publications and conferences; we mentor students through expos and hubs, such that many of them leave campus when they are already employers or employed.”
KEYNOTE SPEAKER JOHN WALUGEMBE
Mr. John Kakungulu Walugembe, the executive director of the 734,000-business-member Federation of Small and Medium Enterprises Uganda, was the keynote speaker. Mr. Walugembe underscored the central role of small and medium enterprises and businesses in the development of countries.
“There is a lot of confusion and lack of exposure in this country. No country has ever developed on the basis of big companies or big investors. It is small and medium-sized enterprises that have built economies in developed countries.” He added that no country can ignore the textile and apparels sector, adding that this sector alone would employ all the youth flocking the Middle East seeking employment.
Mr. Walugembe decried the culture of entrepreneurs working in isolation from one another and the alarming lack of soft skills especially among the youth who dream of becoming rich without sweating. “There are many jobs in this country, but it is very difficult to find honest people,” he lamented.
He also criticized banks in Uganda for concentrating on buying treasury bills and bonds rather than loaning money to businesses, and the tax authority which prefers closing distressed businesses rather than help them survive.
Mr. Walugembe outlined a number of interventions Makerere can make to improve the situation in the ecosystem. He advised Makerere to have a venture fund and raise funds for investment; intellectual property; set up student-led enterprises; and avoid training people for jobs that are dying or no longer exist, among others.
DESIGN LABS, PUBLIC INVESTMENT MANAGEMENT CENTRE
Dr. Cathy Mbidde, the manager at Makerere University Innovation Hub, said the hub had embarked on the task of retrieving research documents archived in the library and translating them into usable innovations and products. She disclosed that with UNDP support, Makerere University is going to set up nine design labs for making machines and equipment, among other uses.
Prof. Hisali reported that government has given money to the college to set up a Centre of Public Investment Management. He said the centre has started supporting the implementation of many government initiatives and the improvement of the management performance of Saccos and SMEs. It would also absorb many of the students who would give free service as part of their training.
Non-Makerere participants put forward a number of challenges they face and pieces of advice on how the university should collaborate with them going forward. For example, they requested the university to help them gain exposure through foreign visits, avail advisory databases that can provide information and guidance on what kind of business one can start with which amount of capital or skills.
Participants also asked the university to train their students in soft skills, character, morality and discipline. Lack of self-confidence and a persevering spirit and shortage of locally made machines and equipment were pointed out as major obstacles to growth and survival of many businesses.
Business & Management
PIM Centre Awards Certificates to Over 35 Officials Trained in Essentials of Public Investment Management
The Public Investment Management (PIM) Centre of Excellence at Makerere University has awarded certificates to more than 35 public officials who successfully completed a three-day training in the Essentials of Public Investment Management (PIM).
The training, held from September 23rd to 26th, 2025 at the College of Business and Management Sciences, aimed at strengthening the capacity of government officials to effectively identify, prepare, and implement public projects.
The closing ceremony was officiated by Ms. Belinda Bisamaza, who represented the Permanent Secretary/Secretary to the Treasury (PS/ST). In her remarks, Ms. Bisamaza commended participants for their commitment, noting that the training had offered a solid foundation in the entire PIM cycle — from project conceptualization and profiling, through monitoring and evaluation (M&E), to the use of the Integrated Bank of Projects (IBP), Environmental and Social Risk Management, and Public-Private Partnerships (PPPs).
“With these skills, you can contribute meaningfully to improving the quality of proposals submitted to the IBP, ensure better risk management, and enhance implementation through robust monitoring frameworks,” she said, adding that participants were now better prepared for advanced modules on financial appraisal, risk analysis, and stakeholder engagement.
Representing the PIM Centre, Prof. Eria Hisali highlighted the need for well-prepared projects that directly contribute to economic growth. “We must move away from the practice of developing projects only when funding is required. Instead, we should create a strong bank of quality projects from which government can easily draw,” he said.
The Manager of the PIM Centre, Dr. John Sseruyange, expressed gratitude to the participants and trainers for their dedication. He noted that the facilitators were drawn from Makerere University, the National Planning Authority (NPA), and the Ministry of Finance, Planning and Economic Development (MoFPED). Dr. Sseruyange also revealed that the Centre would be rolling out further in-depth training modules and creating opportunities for alumni to engage in consultancy and research work. The PIM Centre hosts the training as part of broader efforts by Makerere University, MoFPED, and NPA to strengthen Uganda’s public investment management systems, ensuring value for money, improved service delivery, and sustainable economic development.
Business & Management
PIM Centre Makerere, Graduates Second Cohort of Certificate in Financial Implications – Integrated Regulatory Cost-Benefit Analysis
Jinja, September 5, 2025
Thirty-one government officers from Ministries, Departments, and Agencies (MDAs) have successfully completed a two-week intensive training in the Certificate of Financial Implications (CFI) – Integrated Regulatory Cost-Benefit Analysis. The certification ceremony was held at the Pearl on the Nile Hotel, Jinja, marking another milestone in Uganda’s efforts to institutionalize evidence-based and fiscally responsible policymaking.
The training, delivered by the Makerere University Public Investment Management (PIM) Centre of Excellence in partnership with the Ministry of Finance, Planning and Economic Development (MoFPED), and National Planning Authority equipped participants with practical skills to evaluate policy and legislative proposals for their financial, economic, and social implications.
Speaking at the closing ceremony, Mr. Paul Mwanja, Commissioner for Infrastructure & Social Services at MoFPED, who represented the Permanent Secretary, commended the officers for their commitment at a time when government institutions are finalizing the Auditor General’s audits, implementing the FY2025/26 budget, rolling out the National Development Plan IV’s tenfold growth strategy, and preparing for the 2026 General Elections.
“Your participation affirms a collective commitment across Government to strengthen the quality, transparency, and credibility of public policymaking in Uganda,” Mr. Mwanja said. He urged graduates to return to their institutions as champions of reform, share their knowledge with colleagues, and drive the change needed in Public Finance Management. He also announced that the next cohort of the training will take place in January 2026.
Prof. Ibrahim Mike Okumu, Dean of the School of Economics at Makerere University, delivered the graduation address, highlighting the certificate’s importance in addressing Uganda’s triple challenge of scale, scarcity, and speed.
“This program does something unique. It teaches you not only to ask whether a policy or project is beneficial, but also whether it is affordable and resilient under real fiscal constraints,” Prof. Okumu noted. He challenged graduates to apply their skills at project, portfolio, and policy levels—ensuring value for money and enhancing public trust in government spending.
He further emphasized that Uganda’s pioneering approach to integrated CFI-CBA positions the country as a leader in Africa and beyond: “You, Uganda’s first CFI-CBA graduates, are now part of a global brain trust. Your work will speak to investors, parliaments, development partners, and above all, the Ugandan people.”
Dr. John Sseruyange, Manager of the PIM Centre of Excellence, expressed appreciation to participants for their active engagement throughout the training and thanked MoFPED and the faculty drawn from Makerere University, the National Planning Authority, Ministry of Finance, and the Ministry of Energy for their technical support.
The Certificate of Financial Implications – Integrated Regulatory Cost-Benefit Analysis was introduced following the Revised Guidelines for Financial Clearance, effective July 1, 2025. The guidelines require MDAs to prepare their own financial implications statements, subject to rigorous cost-benefit analysis, thereby strengthening linkages between fiscal responsibility and regulatory impact assessments.
With the successful completion of the second cohort, Uganda is steadily building a critical mass of professionals capable of embedding cost-benefit thinking across government, ensuring every shilling delivers maximum impact for citizens.
The Public Investment Management Centre of Excellence (PIM CoE) at Makerere University held its Steering Committee meeting on 4th September 2025 at Mestil Hotel in Kampala. The session, attended by all members, focused on reviewing progress, reflecting on achievements from the past financial year, and charting the way forward for the Centre.
About the PIM Centre of Excellence
The PIM CoE was established in March 2022 at Makerere University’s College of Business and Management Sciences (CoBAMS), in partnership with the Ministry of Finance, Planning and Economic Development (MoFPED). Its purpose is to strengthen Uganda’s public investment management system through training, research, and advisory services.
The Steering Committee plays a critical role in oversight, review, coordination, and advisory functions, guiding the Centre’s work and ensuring that public investment processes align with national development priorities.
Highlights from the Meeting
Speaking at the meeting, Dr. Joseph Muvawala, the Executive Director of the National Planning Authority, praised the October 2024 Annual PIM Conference for expanding perspectives on project design and delivery. He emphasized the importance of shifting from theory to practice in training, advocating for students and officials to engage with real-world projects. He also underscored the Centre’s new autonomy—transitioning from a subvention to a vote—which gives it greater independence but also demands stronger financial accountability. Dr. Muvawala further called for a permanent physical home for the Centre, noting that sufficient resources are available to make this possible and that negotiations with government are underway.
Mr. Ashaba Hannington, Director Budget at MoFPED, shared key achievements from the 2024/25 financial year. He noted that the Annual PIM Conference, organised jointly by MoFPED and the Centre, provided a vital platform for stakeholders to reflect on progress in public investment management.
Mr. Ashaba reaffirmed MoFPED’s commitment to working closely with the Centre to strengthen Uganda’s public investment capacity.
Prof. Eria Hisali, Co–Principal Investigator of the PIM CoE, outlined strategies to increase the Centre’s vibrancy and impact. He emphasized direct project engagement, advisory services, and peer reviews as ways to bridge the gap between theory and practice. Looking ahead, he revealed plans for a Master’s program in Economic and Investment Modelling, a Training of Trainers (ToT) initiative, and deeper practical capacity-building efforts.
Prof. Hisali also noted several successful trainings from the past year, including:
- 46 staff from MDAs trained in Essentials of PIM.
- 59 participants across two cohorts trained in Financial Appraisal and Risk Analysis.
- 25 participants trained in Economic Appraisal and Stakeholder Analysis.
He proposed the introduction of a “trailer feasibility test” to evaluate whether completed projects deliver benefits as projected and to address optimism bias in project planning.
Dr. John Seruyange, Manager of the PIM CoE, highlighted the Centre’s growing regional footprint. Beyond Uganda, six central government officers from Somalia have been trained in Infrastructure Asset Management, generating further interest in advanced training from Somalia, Zimbabwe, and Somaliland. To position itself as a regional hub, the Centre is preparing a prospectus to market its courses across Africa and beyond.
Why It Matters
The Steering Committee reaffirmed its commitment to ensuring that the PIM CoE remains a leading think tank and capacity-building hub for government and regional partners. By improving the appraisal, financing, and implementation of public projects, the Centre is strengthening accountability, enhancing service delivery, and contributing to Uganda’s broader development goals.
-
General6 days agoADVERT: Mature Age Entry Scheme Examinations – 2026/2027
-
General2 weeks agoProf. Sarah Ssali Appointed Deputy Vice Chancellor (Academic Affairs)
-
General6 days agoDFCU Bank Uganda Supports the Mastercard Foundation Scholars’ Giveback Initiatives
-
General2 weeks agoCall for Applications: Israel AgroStudies Apprenticeship Programme 2025-2026
-
Computing & IS1 day agoICT Bootcamp for Vacists (P7, S4 & S6), Students & Professionals