General
Prof. Nawangwe applauds the partnership between Makerere University & Mastercard Foundation
By Bernard Buteera
The Vice Chancellor, Prof. Barnabas Nawangwe, has applauded the partnership that exists between Makerere University and Mastercard Foundation. He said this during the Networking luncheon he hosted in honour of Mastercard Foundation Scholars at Makerere, who won the Resolution Fellowship project at Baobab summit in Kigali.
“Mastercard Foundation is one of the biggest partners for Makerere University and we are so proud of this partnership which has borne a lot of fruit” Prof. Nawangwe said.
The Vice Chancellor thanked the Scholars of Mastercard Foundation for being creative and innovative, and for making Uganda and Makerere University proud, when they won 6 out of the 9 Resolution projects that were given grants at the Baobab summit in Kigali.
“I would like to thank the young people whom we are celebrating today, who made me proud as the Vice Chancellor of Makerere, when they swept almost all the awards at the global stage” Prof. Nawangwe said. He further revealed that during the summit in Kigali, they kept reading Makerere University during the awarding of projects, and at some point he pretended not to be happy, because he was in the company of other Vice Chancellors, but inside of him he was beaming with joy.
”The Resolution social venture projects are extremely important in many ways; Firstly, they encourage young people to be creative and innovative, so that they are able to come with initiatives and projects, which enable them to create their own jobs, instead of moving around looking for jobs which have become fewer, while the population is growing.” Prof. Nawangwe emphasised.
On his part, the Deputy Vice Chancellor, Academic Affairs, and also the Chairperson of the Steering Committee of Mastercard Foundation Scholars Program at Makerere University, Prof. Umar Kakumba, applauded Mastercard Foundation for the support it renders to young people not only in Uganda and Makerere University, but also all over the world.
Prof. Kakumba further enumerated the different initiatives Mastercard Foundation at Makerere University which had created profound effect to the young people in Africa and Uganda in particular.
“As a country and specifically as Makerere University, we cannot run away from the idea of developing young people, because they are the current and next generation of leaders, innovators and change makers. We have a duty to skill, mentor and provide them with the continuous capacity to innovate and create economic opportunities for themselves and other young people.” Prof. Kakumba said.
Prof. Kakumba called upon the Makerere University community to emulate what Mastercard Foundation Scholars Program was doing in terms training and skilling the young people at Makerere University.
”The rest of the university faculty should emulate what Mastercard Foundation ScholarsProgram was doing, for instance every student of Makerere University should have a mentor, and also undergo entrepreneurship training.” Prof. Kakumba pointed out.
Prof. Kakumba further revaled that going forward Makerere University was going to adopt a strategy where the University would make Entrepreneurship as a first choice career pathway.
”We are all aware of the challenges of youth unemployment in Africa and Uganda in particular. As an institution of learning, Makerere University needs to normalize entrepreneurship as a first choice career pathway for all the graduates.” Prof. Kakumba said.
The Country Director, Mastercard Foundation – Uganda, Mr. Adrian Bukenya, revealed the Foundation was happy with the partnership with Makerere University, which dates back to 2013 with the establishment of the Scholars Program.
”Mastercard Foundation is proud of the partnership with Makerere University, which began with the Scholars Program in 2013, that has educated and empowered over 1000 young people to study at Makerere University.” Mr. Bukenya said.
Mr. Bukenya pointed out that the Foundation was happy to support young people beyond the Scholars Program, to ensute that every young person transitions to diginified and fullfilling work.
”As a Foundation we want a world where young people are included and are thriving and their leadership and contributions matter. A future where young people are driving transformative change and achieving their full potential.” Mr. Bukenya said.
Ms. Pauline Gangla,the Head of the Scholars Program, Eastern and Southern Africa Partner Network at Mastercard Foundation, thanked Makerere University for both the academic and entrepreneurship the university had imparted on the Scholars of Mastercard Foundation.
“I would like to thank the University for the Academic Support and entrepreneurship training given to the Scholars of Mastercard Foundation, here at Makerere University. During the summit it was evident in the way the Scholars pitched their projects, the level of confidence they exhibited was very high.” Ms. Gangla revealed.
Ms. Gangla pointed out that the Foundation was very keen on safe guarding measures, to ensure safety and security of the young in the University.
“The Foundation was keen on safe guarding measures, where there is zero tolerance to any form of misconduct against young people. Young people should be treated with respect and dignity within the University and their communities.” Ms. Gangla pointed out.
Prof. Justine Namaalwa, the Program Coordinator, Mastercard Foundation Scholars Program at Makerere University, thanked the University and the Foundation for the visionary partnership which has created profound impact in the University and the country in general.
“We are here to celebrate innovation and creativity exhibited by Mastercard Foundation Scholars over time since 2017, when Scholars started competing in the Resolution Venture Challenge, and all these are fruits of the visionary partnership between Mastercard Foundation and Makerere University.” Prof. Namaalwa revealed.
Prof. Namaalwa pointed out the Scholars Program at Makerere University was proud of the 21 Resolution Social Venture (SVC) projects and 46 Scholars Entrepreneurship Fund (SEF) which Scholars has established and were making profound impact in their communities. She further revealed that projects had created both personal social development for the Scholars and their communities. She thanked the Vice Chancellor and the entire management, the Steering Committee, the Mentors and all other stakeholders who had supported scholars to grow their projects.
Bernard Buteera is the Communications Officer, Mastercard Foundation Scholars Program at Makerere University.
Business & Management
Mak and ACCA Career Workshop: Students tipped on success, professionalism and the future of accountancy
On Tuesday 1st April 2025, over600 students from the College of Business and Management Sciences convened at Makerere University Yusuf Lule Central Teaching Facility Auditorium to participate in the Career workshop that provided an invaluable platform for students to engage with industry leaders, gain insights into career prospects and professional development within the accounting and finance sectors.
Organized by the Association of Chartered Certified Accountants (ACCA) in Uganda in partnership with Makerere University Department of Accounting and Finance, School of Business under the College of Business and Management Sciences, the Career workshop also presented a platform to celebrate the academic achievements of the ten (10) Bachelor of Commerce students who graduated with First Class degrees-Honours Division during the Makerere University 75th Graduation ceremony held in January 2025.
Prior to the workshop, the Dean, School of Business, Dr. Godfrey Akileng in an interview with the College’s Communication Office, disclosed that celebrating the academic achievements of the students who obtained First Class degrees would inspire the current students to excel. In addition, Dr. Akileng noted that the presence of graduates who excelled at the Career workshop would lead to networking and peer mentorship possibilities with the current students.
During the Career workshop, speakers from Makerere University and ACCA Uganda re-affirmed their commitment to equipping graduates with the knowledge, skills and tools needed to excel in a rapidly evolving job market.
To understand the future of accountancy, students listened to presentations featuring the relevance of the accounting and finance in today’s job market by Dr. Eric Nzibonera; Insights on the collaboration with ACCA by Ms Charlotte Kukunda; Discussion of the global career opportunities in accounting and how ACCA supports professional development by Ms Jackie Mbabazi; and a keynote speech titled, An exploration of the skills and trends shaping the future of the accounting and finance industries in the 21st Century by Mr. Robert Busuulwa.
In his address, the Principal of the College of Business and Management Sciences, Prof. Edward Bbaale acknowledged the School of Business for proritising career talks and mentorship sessions for students.
“To the students, the Career workshop presents you with a chance to envision your career, and what you want to be, or what you want to study,” he said.
The Principal underscored the critical importance of bridging the gap between the academia and industry. He highlighted the instrumental role of partnerships, particularly the collaboration between Makerere University and ACCA in equipping students with globally competitive skills and certifications.
Prof. Bbaale emphasized that in the 21st century, this interface isn’t merely an option but “a necessity,” echoing the sentiments of both the keynote speaker, Mr. Robert Busuulwa, and ACCA partners.
He advised students to visualise themselves as “global candidates” and pursue their careers with diligence and passion, taking the lessons from the workshop seriously and seeking continuous professional development. Prof. Bbaale stressed the significance of “building oneself, moulding oneself” through education, training, and experience, advocating for a focus on human capital development over immediate financial gain.
He emphasized the importance of “volunteering to work” in orderto gain experience and build a professional network. He reaffirmed the College’s commitment to strengthening collaborations to ensure graduates are academically competent and well-prepared to navigate the evolving job market.
Dr. Eric Nzibonera, the Head, Department of Accounting and Finance at the College of Business and Management Sciences highlighted the significance of career guidance events for University students. He explained that career workshops provide a valuable opportunity for students to “make a choice about a particular career,” a privilege he noted was not always available to students in the past. Dr. Nzibonera believed the workshop was a chance for students to learn from experienced professionals, guiding them towards informed decisions about their future careers.
Convinced that the workshop presented a golden opportunity to students to learn from experienced professionals, Dr. Nzibonera called upon students to leverage such moments to listen to the respective presenters, prepare to ask questions on professionalism, accreditation and career paths.
Focusing on the relevance of accounting and finance in today’s job market, Dr. Nzibonera reiterated that the accounting profession is very central in the day to day lives of individuals. “Inall realms of business, in whatever you do, you need some scheme or some kind of accounting that works,” he remarked. He noted that this underlines the universal applicability of financial literacy, whether pursuing careers directly related to the field.
The Country Manager, ACCA Uganda, Ms Charlotte Kukunda informed the students who turned up in big numbers, that the Career workshop was anchored in the programmes and activities that Makerere University and ACCA Uganda agreed to undertake when both entities signed a Memorandum of Understanding (MoU) in July 2022.
Ms Kukunda affirmed that ACCA Uganda values its strategic partnership with Makerere University, which has been mutually beneficial and fruitful. To expound this argument, Ms Kukunda highlighted the achievements which included: 660 students enrolled for ACCA programme, curriculum reviews of Makerere University accounting programmes, re-accreditation of the Bachelor of Commerce Accounting in June 2022, annual recognition of best accounting students since 2022, tutor capacity building workshops conducted at the College, lecturers granted access to the Education Hub, and hosting of three student career workshops annually.
She outlined the areas of collaboration with Makerere University as follows: accreditation of accounting programmes, co-development of teaching programmes that align and support the University edge resources and professional insights, employability through supporting students’ career and skills development, access to ACCA member networks to support Makerere University guest lectures/panels/conference speakers, and faculty skills development support in their teaching, learning and assessment.
The Country Manager said the Career workshop is planned, deliberate and intentional because ACCA classifies Makerere University students as strategic business leaders who are being nurtured, trained and prepared to drive the economy. She clarified that the ACCA programme is not limited to only students studying accounting. According to Ms Kukunda, the ACCA programme embraces a broader range of disciplines and positions students for global competitiveness.
Ms. Kukunda encouraged students to explore the information resources on the ACCA website to tap into the opportunities that will enhance their financial acumen. She urged students to perceive themselves as global citizens. “When you perceive yourself as that, you are the right candidate for pursuing these globally accredited qualifications,” she said. She reinforced the value of connections and valuable networks with industry professionals, assuring students that their future is filled with potential and opportunities.
Feeding into Ms Kukunda’s presentation, Ms Jackie Mbabazi, the Business Relationship Manager at ACCA Uganda highlighted the significance of the ACCA qualification in shaping future leaders. She affirmed that ACCA is “a forward-thinking qualification” connected to vital sectors and stakeholders globally.
Ms. Mbabazi emphasized the global reach of the ACCA. “We are present in 180 countries. As you plan your professional journey, consider the ACCA qualification that is going to make you professional. Technology has enabled us to work beyond borders. Having globally recognized qualifications such as ACCA positions you to work globally,” she elaborated.
Ms. Mbabazi further pointed out the “forward-thinking qualification” attributes of ACCA. These include: Empowering individuals to be digitally relevant, creating ethical and trusted professionals, global recognition, professionals who add value, access to the most up to date syllabus on the market, and continuous learning for trainees as well as access to the global employability platform.
She also discussed the importance of adapting to technological advancements, stating, “You need to adapt and make sure technology is at the heart of what you are doing.”
Ms. Mbabazi articulated that ethics is at the centre of the ACCA programme. “ACCA programmes uphold ethics in building professionals. I urge you to avoid any form of fraud,” she emphasized.
The captivating presentations from the College of Business and Management Sciences and ACCA Uganda set the pace for the students to listen to a powerful keynote speech. Dr. Martin Bakundana introduced the keynote speaker, Mr. Robert Busuulwa, the founder and Managing Partner of Forvis Mazars in Uganda with over 30 years of tested and proven experience.
Mr. Robert Busuulwa’s keynote speech embodied words of wisdom and lived experiences that require an individual to be responsible for his or her destiny.
He guided the students that being successful is a personal choice and commitment. “If you want to be successful, dedicate time and study success,” he advised.
“When you plan to do something, focus and concentrate. Pursue your ambitions and career aspirations with determination and confidence,” he added.
He castigated the popular phrase where individuals believe that it is the government responsible for their success and development. That statements calling upon the government to “assist” individuals should be discarded. “True liberation is about understanding who you are, your strengths and weakness, and what you can do as an individual to leverage your strength,” he stated.
He emphasized the importance of acquiring relevant skills, urging students to consider what they needed to demonstrate to future employers, particularly in light of evolving trends such as AI, robotics, and big data. “What are the skills that you are expected to demonstrate?” he asked, reflecting on the broadening scope of skills in the field.
Using lively examples, the keynote speaker informed the audience that he had to create time to be at Makerere University on 1st April 2025 to speak to the students. He reported that he manages a very tight schedule, but if you want and value something, you work towards it, and ensure it is a possibility.
“I am here because I created time and convinced myself that I should join you today. I love mentorship and interacting with people. I love being here. I have to return to society, what it has given me through qualifications, life and experiences. Through this career workshop, I am exactly doing that,” he said.
Mr. Busuulwa shared anecdotes from his academic journey and connecting with young minds poised for the future. He reinforced the notion that the landscape of accounting has changed dramatically, moving from traditional number-crunching to roles involving Environmental, Social, and Governance (ESG) factors, financial crime, and IT consulting.
Mr. Busuulwa mentioned that with the trends in the accounting profession, students and practitioners are presented with diverse career paths.
Mr. Busuulwa encouraged students to understand and appreciate their potential. “Every one of you here has the potential. I urge you to believe in your capabilities,” he said. He cautioned students and young people in general against limiting beliefs. Citing the power of thinking and its effects on the choices that individuals make, he stated, “If you think you can’t do it, you will not.”
He inspired students to actively shape their careers, stressing the need for adaptability and continuous learning. He appealed to the students to always empower their minds and souls with positive statements such as “Whatever it is, I am going to be successful,” he remarked.
The Career workshop moderated by Ms Sylvia Namujjuzi, Assistant Lecturer at the College of Business and Management Sciences assisted by Mr. Jonathan Basalirwa, a third year student, ended on a high note with presentation of awards of excellence to the best ten (10) First Class Honours Division graduates, and a networking session involving the respective speakers and students.
The Principal thanked the Dean, School of Business- Dr. Godfrey Akileng, Dr. Eric Nzibonera, Ms Sylvia Namujjuzi, Mr. John Ogema, the Makerere University Accountancy Bureau, and the team from ACCA Uganda for organizing the Career workshop 2025.
The discussions involving Makerere University staff namely Prof. Edward Bbaale, Dr. Eric Nzibonera, ACCA Uganda-Ms Charlotte Kukunda and Ms Jackie Mbabazi, and the Keynote Speaker Mr. Robert Busuulwa emphasized the necessity of bridging the gap between academic training and real-world skills.
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