It was merrymaking at the Freedom Square as 1,819 students of the College of Business and Management Sciences (CoBAMS) received PhDs, masters and undergraduate degrees on the third day of the 73rd Graduation on February 15, 2023. Of these, 891 are male while 928 are female. The college graduated 3 PhDs, 376 Masters, 11 post graduate diplomas and 1,429 undergraduate students.
During the celebrations, one of our partners, Prudential Uganda, rewarded the best 5 performing students from the Bachelor of Science in Actuarial Science with USD500 and a professional study scholarship. The students recognized and their respective CGPAs include; Nanfuka Rebecca Rosette with 4.55, Mukiibi Cyrus with 4.15, Angura Kupa Abraham with 4.02, Mwesigwa Mark Lewis with 4.00 and Akumu Gloria Agnes with 3.99.
One students of the college under the MasterCard Foundations scholarship received an award for exceptional performance. Nanyunja Fatumah got a first class degree in the Bachelor of Business Administration and was awarded a plaque in recognition of her excellent performance. Other high performing students rewarded by the Uganda Bureau of Statistics (UBOS) were Nassali Tendo with a CGPA of 4.7 in the Bachelor of Science in Business Statistics, Ariong Emmanuel with a CGPA of 4.62 in Bachelor of Statistics and Okiria Eric Junior who scored a CGPA of 4.62 in the Bachelor of Science in Quantitative Economics.
The Economic Policy Research Centre (EPRC) also rewarded the best Masters of Economics student Namuleme Hilda with a CGPA of 4.91. Namuleme is set to receive a yearlong young professionals program opportunity tenured at EPRC.
A total of 13,221 graduands will receive degrees and diplomas of Makerere University during the course of the 73rd graduation ceremony. Of these, a total of 102 graduands will graduate with PhDs, 1,378 with Masters, 11,598 with Bachelor’s degrees and 143 with undergraduate and post graduate diplomas. 52 per cent of the graduands are female while 48 % are male. 41 of the 102 PhD graduands and 563 of the 1,378 Masters graduands are female, representing 40% and 41% respectively.
The Vice Chancellor, Prof. Barnabas Nawangwe, congratulated the students, parents and staff of the college. “I also congratulate the members of staff that are graduating today as well as children and spouses of members of staff and their parents or spouses,” the Vice Chancellor said.
Prof. Nawangwe congratulated the Chairperson of Council, Mrs. Lorna Magara and the Vice Chairperson of Council, Rt. Hon. Daniel Fred Kidega upon their re-appointment.
The Vice Chancellor congratulated CoBAMS staff upon the research being carried out in the college, saying Makerere strives to transform into a research-led University. “The Research and Innovations Fund, that was made possible through a Government grant of UGX 30 billion annually, has transformed Makerere tremendously, with very many innovations in agriculture and food security, health, engineering, education, veterinary medicine, artificial intelligence, economics and business management, and the social sciences that are already changing the lives of our people,” he said.
The Vice Chancellor informed the graduands that the university has developed measures to fast track the issuance of transcripts and certificates. Previously, for one to receive the academic documents, he or she was required to clear with more than 10 offices. “We have reviewed this and one is now required to clear with only two (2) offices,” the VC said. Prof. Nawangwe pledged that going ahead, the university would issue transcripts after one month. The VC called on the students to be good ambassadors, to trust in God and to remember that the gates of Makerere will always be open for those that seek more knowledge.
The Chancellor, Prof. Ezra Suruma, who presided over the ceremony congratulated the graduands and commended the PhD research undertaken by the awardees. He particularly commended the research on how we can improve educational attainment in UPE and USE where learning outcomes have continued to be below standard. The study also recommended improving internal financial controls in schools.
“Two other studies in the College of Business and Management Sciences attracted my attention; one was on the demand for healthcare and health insurance in Uganda and the other was about the impact of technical vocational training on employment. There is no doubt that both healthcare health insurance and employment are leading national concerns. I am therefore very pleased to see research coming from Makerere tackling issues that are at the heart of our country’s social and economic welfare,” Prof. Suruma said.
He commended the spirit of hard work, endurance, self-control and discipline among the students, adding that the degrees being awarded are testimony to the hardships, the discipline, the commitment, the pain and the tears the students have shed over decades of academic struggle.
He also appreciated the parents for the financial support to the students despite the economic hardships.
To the graduands, the chancellor said, “the hour has now come for you to go out to the field, to fight the good fight, to run the race for which you have been preparing. I appeal to you to remember love in the middle of the tough battles ahead. Remember love. Pray for the possibility of joy in a sad world. Ponder the possibility of godliness and contentment in a broken world. Remember love in an apparently loveless world.”
Highlights of the year 2022 as we celebrate
Government, through the Ministry of Finance, Planning and Economic Development accepted to take over support of the Public Investment Management Centre of Excellence at the College. The Centre supports government to provide advanced practical oriented training in Tools for Public Investment Analysis as well as research.
The Environment for Development Centre won funding to the tune of 400,000 USD from SIDA to support capacity building for senior government officials in the area of Inclusive Green Economy. This is part of the ongoing efforts globally to ensure inclusive and sustainable economic growth. The Center also successfully hosted the Joint Cross Country Workshop of the global network of EfD Centers at an event that took place in Kampala in July 2022.
The quality of Programmes at the College has continued to attract valuable partnerships. The ACCA Global accredited our Bachelor of Commerce Degree program and in so doing has given an exemption of eight of the possible thirteen papers to students graduating from our Bachelor of Commerce Degree Programme. The College also partnered with Prudential Assurance Uganda Limited to recognize outstanding students of Actuarial Science Programme. The leading five students graduating from the Programme will receive a full scholarship to pursue the Professional Actuarial qualification in addition to a cash prize of 500 USD.
The Makerere University Public Investment Management Centre of Excellence and the Ministry of Finance, Planning and Economic Development (MoFPED) have today 22nd April 2024 started training of public officers in Public Investment Management. The team is undertaking the Economic Appraisal and Stakeholder Analysis module. The training, being held in Mbarara, was opened by Director, Directorate of Research and Graduate Training (DRGT) Prof. Bbaale Edward and Commissioner Ashaba Hannington represented by Ms. Gertrude Aerone Basiima.
Environmental economists and graduate students from Makerere University held a meeting with government officials to identify research and data gaps to address the persistent environmental and natural resources (ENR) challenges in Uganda.
The two-day researchers’ training organized by EfD Uganda was held at Esella Country Hotel in Kampala, on 14th and 15th March 2024,
Local Government (LG) representatives were brought on board to help understand policy research questions in the local government that researchers can leverage to generate evidence to inform policy implementation and improvement in service delivery and environmental protection in general. The District Natural Resources Officer for Wakiso, Rebecca Ssabaganzi, was the lead facilitator.
The national policymakers, on the other hand, presented policy, capacity, research, and data gaps that researchers can focus on to improve their work. Ronald Kaggwa from the National Planning Authority facilitated the training.
Center Director Edward Bbaale said the purpose of the workshop was to identify what natural resources and environmental issues are being pitched in National Development Plan (NDP) IV and how Uganda is transiting from NDP III to NDP IV to inform their research.
“This is a great opportunity for our researchers to have a deeper discussion with the local government and National Planning Authority on critical issues and that the government is focusing on so we can ensure that our research is policy-relevant,” said Edward Bbaale.
He urged the government to reduce taxes on renewable energy as a key tool to encourage the public to drop the use of biomass which has negative effects on the environment and human health.
“Transitioning from the dirty sources of energy to the cleaner sources of energy is a very expensive venture and it requires infrastructure investments. We would like to hear about green financing and what the government is planning to do to raise the money,” he remarked.
From the Local Government presentation, Ms. Rebecca Ssabaganzi focused on the role of Local Government in protection of natural resources, the structures, challenges and capacity gaps for research. Ssabaganzi stressed the need to raise public awareness on the sustainable use of the environment and conservation as an obligation for everyone, the need for mindset change for the public to adopt alternative energy sources and investing in eco-tourism as well as the regulation of building substances and valuation as a basis for revenue assessments and best development use.
She explained that poor management of water, environment, and natural resources coupled with the worsening effects of climate change have resulted in high exposure to hazards and disasters, with limited capacity for climate change adaptation and mitigation, low disaster risk planning and rampant degradation of the environment and natural resources caused by low enforcement capacity.
From the national planning perspective, Ronald Kaggwa highlighted the persistent ENR management challenges inherited from NDPI, II, III to IV.
These include deteriorating state of ENR, enforcement and compliance challenges, limited use of economic incentives and income poverty among the ENR-dependent populations. Kaggwa also reported that there is low value-addition to ENR, excessive reliance on the market prices to make major decisions and challenges on how to balance the benefits and real costs of natural resource conservation.
Kaggwa proposed some thematic areas for research to inform policy. These include reviewing policy, legal, and institutional frameworks for effective ENR governance and management; reviewing the effectiveness and efficiency of the program approach to ENR governance and the likely impacts of the rationalization of ENR institutions on performance;
Other research areas proposed are coordination, regulation, and monitoring of ENR management at LG and national levels, exploring the feasibility of economic instruments for ENR management, and the public good and trans-boundary nature of ENRs and governance challenges.
Key takeaways from the workshop
From the presentations and group discussions, the meeting agreed on key thematic areas for research including valuation of existing resources, appropriate mix of policies, stocktaking of existing data and the role of decentralization in protecting the environment. Other proposed areas are climate financing and transitioning to a low-carbon economy, cost-benefit analysis for an energy transition and climate change and its effects
The meeting also resolved to strengthen collaborations between Makerere University‘s existing projects, government ministries, departments and agencies, development partners and international agencies, financial institutions, and civil society organizations.
EfD-Mak to prepare research proposals and tailored courses
Uganda’s IGE policy engagement specialist Peter Babyenda said the meeting identified the capacity gaps in Local Governments that the center can fill, by preparing tailored courses to address gaps.The courses would entail training Local Government workers in data collection, evaluation of natural resources, stakeholder engagement, mindset change, and feasibility studies
For the researchers, the meeting informed them of where they are needed and their role at a national level.
“We are preparing our research proposals to have multidisciplinary research projects, which means, we need sociologists, accountants, statisticians for data collection, etc. but also, a partnership between academia and policymakers”, Peter Babyenda said.
The center will build on key issues generated from the meeting.
Jane Anyango is the Communication Officer EfD Uganda
Makerere University in collaboration with three partner companies have recognized and awarded best performing business graduates of the 74th graduation who were conferred with bachelors and Masters in January.
The companies including Prudential Uganda, ACCA, and EPRC presented to graduates with cash prizes, mentorship and training opportunities in the companies.
The recognizing and awarding ceremony was held at the School of Business, Makerere University on March 12 from where 12 graduates from the College of Business and Management Sciences (CoBAMS) received their prizes.
While addressing the graduates and their parents, Prof Barnabas Nawangwe, the University Vice Chancellor, congratulated the awardees upon obtaining good degrees.
“It is very difficult to get a good Makerere degree. If you are being honoured you have got a first class, you must count yourself extremely clever and also blessed by God,” Prof Nawangwe said.
The VC said he has struggled to create a conducive learning environment for the students by restoring discipline among the students to connect them to the world.
“We have been trying hard to restore discipline and people didn’t know. So if you go anywhere in the world people know Makerere is a serious university and you will be considered favourably compared to other people.”
Makerere has maintained partnership with companies already thriving in the industry to help students get exposed to the field of their work and also get opportunities through graduate training to gain experience.
Prof Nawangwe has signed several memorandums of understanding over the years with those companies and the relationship have been so helpful especially for self-growth of Makerere products.
“Our partners are in the industry understand it better than we do. When they come and inspire you, they add to what we have done here to encourage you and give you more confidence that you can go out in the world and serve humanity and succeed,” the VC told graduates.
He encouraged students to look out for opportunities across the world.
“We are living in a very competitive world because currently you may find there are around 200,000 students in Uganda with degrees and yet jobs are very scarce.”
He recalled in 1970s, when he was a student at Makerere and they were not more than 2000 people studying at the time and it was a sure deal for all of them to get employed somewhere.
He discouraged graduates against walking on the streets of Kampala looking for jobs and encouraged them to try out international opportunities and self-employment.
“The good thing the population in the rest of the world is going down. It is only in Africa where the population is going up. With the decrease in population, there are many countries where there is a big deficit of skilled workforce.”
Prof Eria Hisali, Principal COBAMS, pledged more support to this year’s academic giants and promised to provide them with all the necessary assistance they may need.
“We have quite a number of initiatives and when we call upon you to participate in some of them, please respond positively. We are still fully available to support you in any way possible,” Prof Hisali said.
The principal lauded the VC for his tireless efforts to partner with different companies through MOUs he signs every now and then.
“For any MOU that comes his way, Prof Nawangwe has been there for us to sign them on behalf of the university,” he said.
Prudential Assurance
The CEO of Prudential Assurance, Mr Tetteh Ayitevie congratulated the graduands saying “your relentless pursuit of knowledge and your unwavering determination have set you apart as the best and brightest in their field.”
Mr. Tetteh revealed that with the support of their Support Scheme, the awardees are not only receiving financial assistance but also mentorship and internship opportunities that will propel them towards success in their future endeavours.
Prudential Uganda rewarded the top five Actuarial Science students with $500 each.
Additionally, through the Prudential Actuarial Support Scheme (PASS), these students will receive scholarships fully covering their professional exam fees.
In total, Prudential Uganda has dedicated one hundred and thirty-five million shillings (UGX 135,000,000) to support the students.
The country Manager of ACCA Uganda, Ms Charlotte Kukunda, said while awarding the best student of Bachelor of Commerce, Mr ………………. And reminded the students of the exception that ACCA granted students of Commerce (Accounting). The students get 9 exceptions at ACCA level.
Ms Fatumah Namubiru from Economic Policy Research Centre (EPRC), congratulated the Sebuliba Jude, upon emerging the best Masters of Economics students and also called on the female students to strive hard to be among the best. Jude received a placement as a research fellow at EPRC and Shs1.5million.
Best students
Jude Sebuliba, the best student in the Masters of Arts in Economics with CGPA of 4.95, said the conducive learning environment created space and time for them to read his books.
“I dedicated much of my time to books, perseverance, God and parents were all part of my journey up to this milestone I have reached today,” Sebuliba said.
His research was about the impact of remittances to inflation in Uganda and his findings revealed that there is a positive impact between inflation and remittances.
“Many people go out but we don’t know the impact of the money they get to our economy.”
The best Master’s student now is eyeing a PhD if any opportunity avails and is currently blessed with a job at the Economic Research Policy Centre of Makerere University where he is employed as a researcher.
Derrick Amanya, Bachelor of Commerce (BCOM) graduate, scored a first class of CGPA 4.54 and attributes excellence to hard work and group discussions.
The research he conducted from Mbarara District was about ‘How sustainability can be adopted in furniture” He looked at ways to make furniture that has metallic components in an effort to reduce deforestation in the country.
“My research found out that if certain components of furniture are used on metallic components, it can reduce on depletion of forests to up to 60 percent,” Amanya’s findings revealed.
The fresh graduate is now enrolled for CPA and he is sitting his first exams in June, thanks to great partners, the ACCCA.
Anneliz Namuddu, B. Sc. Actuarial Science graduate, as well prioritized discussions after believing at University if you are not a part of any discussion group, you cannot understand the concepts.
“I always trusted God in addition to serious attention I gave to books and ensuring that she prepared for her exams in time not waiting for the last minute to panic.
Her research was about factors influencing expenditure among women in rural areas of Uganda. And used secondary data which she converted in to small variables that were convenient for her.
The research findings indicated the expenditure is mostly influenced by the sources of income women are getting and from the kind of family they are in. Is it a single parent home or are they married.
“I thank Prudential for the scholarship they gave me to do the certification that confirms me to be a qualified actuary,” Namuddu said.