Business & Management
17 Government Fisheries officials skilled on Bio-Economics of Fisheries Management
Published
2 years agoon
By
Jane Anyango
Seventeen (17) fisheries experts from the Uganda’s districts of Kampala, Mukono, Masaka. Wakiso and Jinja have been retooled on the bio-economics of fisheries management . The two days training (15th-16th March 2023) held at Makerere University was facilitated by Africa’s and Ghanaian renowned Professor of environmental economics, Wisdom Akpalu.
Prof. Wisdom was invited by the EfD-Mak centre to come and provide training on bio-economics of fisheries management to fisheries officers in Uganda. Prof. Wisdom is the centre Director of EfD Ghana but also the member of the coordination committee of the entire EfD Network and member of the capacity development committee of the EfD Network but also, the leader of the Blue resources for development- a collaborative program within the EfD Network where fisheries fall.

Government fisheries officials were retooled on different aspects including the cost, revenue and profit in fisheries economics, growth functions in fisheries, property rights and resources extraction, policy instruments to regulate overfishing. Other aspects were dynamic equilibrium and the concept of shadow value, destructive fishing practices, resource use externalities and the performance of capture fisheries in Africa.
The training was officially opened by the Principal College of Business and Management Sciences Assoc. Prof. Eria Hisali who congratulated the centre Director for organizing this training and other initiatives adding that, they are important because they add to our visibility as a a college and university and it also takes us to the government and other agencies out there.

Prof. Hisali noted that Fisheries and fish related products are among and still remain among the five leading exports from Uganda while Africa is one of the two continents where the big proportion of the population still lives directly of the fishing activities and Natural resources in general.
“Our concern then, is the way these activities are being undertaken is not sustainable we risk depleting these resources because of population pressure, and unsustainable practices and once that happens it threatens our existence of our continent but also as countries because if we deplete resources and yet we are living directly of the same, then everyone should be starting to imagine what will happen.

What will happen is untold suffering but also direct conflict for the little resources that would have remained and disintegration of countries and societies” he decried
The Principal challenged all participants to look at the strategic importance of the lessons to be undertaken in the two days
“This intervention that the center is undertaking to share insights on how best we can sustainably use these resources becomes very important for the very survival of our countries. I want you to look at this training as a very important one because it speaks of the very basis of our survival as a country and continent”, Prof. Hisali stressed.

Prof. Hisali advised participants to form a network which should go deeper into ideas given by Prof. Wisdom, contextualize them and ensure they are fully applicable to the Ugandan situation and begin influencing sustainable practices and policy.
“Some civil servants at your level tend to under look themselves. You are extremely powerful and you can influence so many things. So go with that confidence and come up with suggestions that are practical, make sense and that can be implemented.
As a university and specifically the center, Hisali pledged full availability to work closely with the fisheries experts and to convene in case they have ideas to work through the nitty gritties and contribute own insights .Prof. Hisali also pledged that the university will equally be available in terms of creating platforms for the works that fisheries experts do to engage wth policy makers.

As they integrate lessons and experiences and insights, and as they develop materials for policy advocacy, the principal implored participants to get back to working places and pass on the message to build capacity in institution to have a critical mass of public servants and members of the community who have a different perspective on the way of handling natural resources and understanding the implications of mismanagement of resources.
“History will judge extremely harshly if we don’t take the necessary actions today to ensure that the next generation of the people in our continent live a better and more meaningful life”
The Principal thanked Prof. Wisdom Akpalu for making time to come to Uganda and Makerere University in particular to share the knowledge, skills and experiences from Ghana, expressing the need for opening up to share cross country comparisons to learn from one another on the basis of areas with commonalities.
Knowledge on the biology and economics of fisheries management critical for practitioners.
Prof. Wisdom Akpalu observed that Africa has very few people who have the expertise in combining the biology and economics of fisheries management which has made fisheries management difficult and unattractive because decision makers usually want to hear about money, stocks have declined, how to improve stocks and how much can be got if stocks are improved, the social economic implications when stocks are improved and cost involved.

So, by bringing the biology and economics together one is able to paint a much better picture that is more appreciated by policy makers.
“The message is clear. We cannot manage what do not know. We cannot manage if we do not have some level of technical knowledge of how the fisheries operate and it is not sufficient to just have knowledge of the biology of fish the size, movement etc”, Wisdom stated.
Wisdom described Fisheries as an interesting area because it has so many dimensions that requires one to understand both the biology that is, how the fish grows, the thresholds in nature that you cannot harvest beyond a certain threshold or else the stock can collapse. And then you have to add the dimension of economics that when these fishes are harvested, they are harvested for economic and social reasons, as a source of food and also sold in the market that brings in the issue of cost, revenue and how does these influence the way we manage the resource.

“By providing them this knowledge, they now have a better sense of how to bring the knowledge in the biology and economics together to distinguish between concepts such as maximum sustainable yield which is the maximum quantity of fish that we can catch on a yearly basis and maximum economic yield which is the quantity to catch to generate the highest economic benefit.
Usually, the maximum economic yield may be lower than the maximum sustainable yield which means to make a lot of money, or to make the highest possible profit from the fisheries, you may have to deploy a lesser level of effort than you are aiming to catch the maxim you can catch on a yearly basis for society to consume”. The professor explained.

He further explained that sometimes the biology will recommend catching up to maxim yield but, the economics may recommend to restrict the catch because when you catch all, the profits you make is lower. If you reduce the catch at a lower level, other things have to come in, the social consideration, whether fishing for profit or other reason and how to incorporate those reasons in the basic model so as to appreciate things beyond economic gains or pure profits from economics.
Prof. Wisdom commended the participants for the active participation and ability to grasp the subject matter.
“I have been quite impressed. When I was coming, I knew they were going to be faculty graduate students etc. Only to see practitioners, people who were in the field doing fisheries work . I was wondering whether they are a cut for a course like this. But to my surprise, with all the concepts that I had to go through they were very comfortable.
“They showed the clear understanding of the concept and they were looking for more and when I gave exercises they did it clearly and gave me the answers. It has been quiet impressive and it shows that they have potential and the zeal, they have the interest and they will put what they have learnt to practice”. He appreciated.

Prof. Wisdom encourage the university to continue with this type of collaboration adding that the EfD Network within the continent has a lot expertise and potential that can be harnessed for the benefit of individual countries and the continent.
“With this type of interaction we share knowledge and sometimes we tend to undervalue this knowledge that we share but I believe that if we have to change things for better for the continent, we have to begin to make use of our expertise and experiences in a platform like this.
Today, it is bio-economics of fisheries management and next time it should be something also relevant for the continent This was a very good positive initiative, I applaud the university and encourage them to continue” He said.

Namaganda Ruth, the Fisheries officer from Mukono District Local Government said:
“The training was very productive to me in that being on the frontline of managing the fisheries, it gives you a clear picture of how you can predict and advise fishermen as the primary beneficiaries of the resource. At the district level, when policies are being developed, we can guide the technical officers, our superiors and politicians on how to effectively manage the resources.
If possible, the centre should organize more training in other aspects of natural resources because management is so diverse”.
Maganda Moses is the Senior Environmental Officer from Jinja District Local Government. He said:
“The training was very good. Much of what we are missing in government is attaching an economic value to what we do. We do not have those basics of making those estimates and calculations. But at least now, I have an idea of what I can do in case they need such information or data. The training was on how we can collect data on a particular resource of the fisheries sector.
So it was a very good training only that the training period of two days was inadequate and probably and we need further training in that, and even those who did not benefit from this, it would be good to introduce them to such training so that they are equipped with skills of generating data in the fisheries sector”.
Importance of the Fisheries sector
Fisheries according to Prof. Wisdom plays a key role in our social economic social being world over and on the continent. In Ghana, for example about 60% of the animal protein needed comes from fisheries and this because the other types of animal protein are either unavailable, scarce or expensive. So a lot of people derive that requirement from fish.
The same applies in Uganda, where people would have loved to eat fish but because fish is not readily available. So that fact that we have less than 10% of animal protein from fish, is not that people do not like fish but because it is outside the reach of the majority of people.
On the other hand, Wisdom asserts that fisheries are resources that if properly managed they can last forever but then these fisheries are over capitalized and over fished in Ghana and Uganda. So, the fisheries sector is extremely important for job create employing a huge number of the population, giving animal protein requirement,.
“Fisheries products provides foreign exchange because a lot of money is spent through foreign exchange in Uganda through Nile perch processing and export .So the sector is critical and beyond just being important even the value alone to the fish that is harvested is about 2.1% of the Ugandan GDP and that is why it was important for the government officials to be retooled”. Prof. Wisdom explained.
Key issues affecting the fisheries sector
Prof. Wisdom noted that the fisheries sector both in Ghana and Uganda are troubled with so many challenges . One of those is over-capitalization where there are too many vessels, canoes, boats and that has to be reduced. There is also lack of proper management and so much competition for stocks from different sub-sectors that is leading to over exploitation of stock.
There is use of all sorts of destructive methods because there is competition for stock as fisher men tend to think that they can use other illegal means to be able to catch more fish. Some use explosive dynamites, small size nets, small filament nets which are all over the places posing a serious challenge within the industry.
But most importantly there is lack of knowledge and capacity to be able to appreciate the impact of all problems on the stocks, harvest, profits and gains that generated from these resources.
Key policy interventions Uganda can emulate from Ghana
From the discussions and interactions with the fisheries experts, Prof. Wisdom noted that Ghana and Uganda it appears have similar challenges including over capacity in the fishing activities taking place, low political and foreign interests in the fisheries sector with foreigners coming in to compete with locals.
In Ghana, Wisdom said, there are areas dedicated to small scale fishing and the aim is to secure livelihoods of poor people living along coastal communities, with specific marked spaces that are reserved for local fishermen so that they can have some catch.
Uganda can learn that Ghana has demarcated where and what locals and foreigners can fish.
“We should also priorities local fishermen viz-a-viz foreign vessels and if possible impose enough taxes on the foreign vessels and use those taxes to take care of local fishermen. We realized that we can gain efficiency by allowing foreign vessels to fish species that local people find difficult to catch and make sure we get taxes that can support local fishing industry so that local fishermen are not denied their basic livelihoods.
Ghana according Prof. Wisdom has clauses and policies where within specific areas fishermen are not supposed to fish to allow the stocks to recover. From the discussion with the fisheries officials, Uganda also did it once or twice but has not done it for some time. It is time for Uganda to revisit and try to implement this policies because there are clear ecological benefits and improvement in catches of fisher folks.
Although Uganda has marine police like in Ghana, Ghana in addition has other established local institutions. There is what is called, “landing beach enforcement committee” where local people constitute themselves into enforcement units and they are able to control some of the illegal practices about fisher folks that Uganda can learn from.

Ghana as explained by Prof. Wisdom has a strong collaboration between research, academia and policy makers working at the ministries and then, the stakeholders the fisher folks and civil society organizations. That platform he advised should be encouraged to be created so that it will not be one sided decision, it will be a platform where researchers, fisher folks, civil society organizations and the ministries can always come together to discuss issues of common interest.
Ghana has also established the scientific and technical committee of the Fisheries commission compromising stakeholders such as people from academia who identify and investigate issues for discussion and advise the commission to implement issues observed and Uganda can learn from this.
In Ghana’s fishing communities, there is what they call, “the fish queens or mummies”. These are women who take key roles in post-harvest activities and the fish queen is the leader of women engaged in fish processing and trading and typically, they are the ones who determine the pricing of fish. When the fisher folks come from the sea, they observe the catches of a few vessels like the first three canoes and are able to tell what the supply of the day would be and that guides them to determine the price per measure would be and they announce that price and every fisherman that comes has to sell at that price. So they play that key role of determining the price of fish and all fishermen on that day obey that particular price.

In Ghana, the fisheries industry especially the artisanal vessels are supposed to be Ghanaian. The semi-industrial vessels are also supposed to be owned by Ghanaians and including industrial trawlers are also supposed to be owned by Ghanaians. But because the Ghanaian don’t have the capacity to own the trawlers, they go into a hire purchase agreement and the agreement tends to be rooted in corruption. Those who claim to have hired the vessels do it on behalf of foreigners who disguise as experts on how to manage vessels but are the true beneficiaries. At the end of the day they end up catching the fish they are not supposed to and make a lot of money. So there are Vessel Monitoring Systems that are installed on vessels to monitor and track them and to know where exactly they are operating.
Prof. Wisdom says he has been recommending installation of video devices so that the activities can be watched at a distance so that they can be regulated better and avoid exploitation. By installing video devices on boats and vessels that target big species like the Nile perch to monitor them, the benefits cost will be 21 to 1.
Remarks by the Director EfD-Mak centre
Prof. Edward Bbaale welcomed participants to Makarere University and the EfD Centre. In a special way, Prof. Bbaale thanked the visiting professor for moving all the way from Ghana to come and facilitate the workshop.

Bbaale also extended appreciation to the university management and the Principal CoBAMS for facilitating and overseeing the center’s operations.
He thanked participants for making time to come to Makerere saying, they were selected because they were instrumental in their duty station assuring them that the training will focus on what they do at their places of work.
Prof. Bbaale assured participants that none of the participants was selected by Makerere but letters were write to their bosses who selected them. He said by the end of the training, they would have changed the way they perceived things and the way they would want to go deeper into bio economics of fisheries management.
He assured participants that the facilitator is one of the best environmental economists in Africa.
“We have a person that has invested a lot of time in the work for which he is sharing with us. He has had a lot of experience working with international organizations before he came back to work with a university in Ghana and also to established the EfD centre in Ghana”

He thanked Prof. Wisdom for creating this collaboration saying, the center is developing capacity in different areas and would be glad to visit Ghana and share the experiences.
“Uganda is an agricultural country and the government officers you see here are very few compared to the need that we have, that means that may be another time we shall invite you for another cohort because here, are people from the ministry of agriculture, environmental police, and colleagues from different local governments from different districts. It means that to have lasting impact we must require that we have several rounds of this nature”, Bbaale added.
Prof. Wisdom Akpalu
Prof. Wisdom is the Centre Director of EfD Ghana but also the member of the coordination committee of the entire EfD Network and member of the capacity development committee of the EfD Network but importantly, the leader of the Blue resources for development- a collaborative program within the EfD Network where fisheries is. He obtained a PhD in economics from the University of Gothenburg Sweden 2006. He is currently Dean, of the School of Research and Graduate Studies at the Ghana Institute of Management and Public Administration. Prof Wisdom is also the President of the African Association of Environmental and Resource Economists in Africa. His research focuses on social economics of natural resource management including fisheries management, economics of crime and punishment and economic institutions.
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Business & Management
CoBAMS Orientation: Principal urges first year students to prioritize academics
Published
2 days agoon
August 7, 2025
Welcoming the first year students to Makerere University, and to the College of Business and Management Sciences in particular, the Principal-Prof. Edward Bbaale said: “Prioritize your academics. I urge you to remain focused. This is your season of hard work. You are here to contribute to the transformation of Uganda and the world at large.”
The Principal made the remarks on Day One (5th August 2025) of the College of Business and Management Sciences (CoBAMS) Orientation. Organised by the College Management and 91st College Guild Council, the Orientation is scheduled to take place from 5th to 8th August 2025 at Makerere University Yusuf Lule Central Teaching Facility (CTF2 Auditorium).
The Principal congratulated the first year students upon joining CoBAMS-the leading training unit and supply chain of professionals in economics, business, statistics and planning fields.
“We are proud to be shaping the future economists, business leaders, entrepreneurs, policy analysts, actuaries, and statisticians who will go on to transform industries, drive public policy, and make impactful decisions globally,” he remarked.
Prof. Bbaale pointed out that the College consists of three (3) schools namely Economics, Business, as well as Statistics and Planning. Providing a brief on the leadership of the College, he mentioned the Deputy Principal-Associate Professor James Wokadala, the Dean, School of Economics-Associate Professor Ibrahim Mike Okumu, the Dean, School of Business-Associate Professor Godfrey Akileng, and the Dean, School of Statistics and Planning-Dr. Margaret Banga. With reference to the orientation programme, he informed the students that they would have specialized sessions with the Deans and staff of the respective schools on 6th August 2025. The Principal also acknowledged Heads of Departments, and the College Management Board as key players in leadership.

Inspired by the rich and celebrated history of Makerere (established in 1922), Prof. Bbaale notified the students that the institution celebrated 100 years of excellent service to humanity in 2022, and has built a reputation that transcends borders. “The name, Makerere University is recognized, respected, and revered. I call upon you, to wholeheartedly guard and protect the institution’s name and reputation,” he said.
Tackling safety and well-being, Prof. Bbaale guided that safeguarding starts with an individual. He encouraged the students to read the Makerere University Safeguarding Policy to understand the safeguarding concerns, guidelines and responsibilities of the respective Offices. He informed the students that the College had safeguarding champions including a student representative, who have been trained to handle the safeguarding concerns, and to work closely with the students’ body to identify and report safeguarding matters.
He also cautioned the students against any forms of misconduct. “The University is committed to ensuring zero tolerance against sexual harassment, and exam malpractices. During the orientation, staff from the Gender Mainstreaming Directorate will provide a brief on the Policy and Regulations against Sexual Harassment, and the College Registrars will guide you on the academic policies.”
The address by the Principal set the pace for presentations on the following critical matters: Life at Campus, Guidance and Counselling, Makerere University Tuition Policy, Information Technology and Library resources, the Emerging Leaders Program (ELP), and a networking session with the 91st College student leaders.
Building on to the Principal’s powerful message, the following University officials interacted and engaged students on 5th August 2025: Ms Juliet Mirembe Ssewankambo-Acting College Registrar, Ms. Rose Nalwanga-Senior Counsellor, Dr. Peace Musiimenta-Representative of the Emerging Leaders program team, Mr. Peter Mubiru-College Bursar, Ms. Claire Nakaseeta-from the College Library, Mr. Gilbert Nsazimaana-DICTS, Ms. Namazzi Madrine Kayima-School of Economics Registrar, Ms. Stella Butamanya-School of Statistics and Planning Registrar, Ms. Ritah Namisango-Principal Communication Officer, and Mr. Moses Kibirango-Web Administrator.

From 6th to 8th August 2025, the student centered orientation features sessions on the following: Academic policies, orientation meetings with leadership of the respective Schools, understanding the responsibility of a student, health and wellness, brainteaser activities, gender mainstreaming, sensitization about the Red Cross, tour of the library and exposure to resources, as well as IT and hands-on-training.
Delighted that the first year students had turned up in big numbers, filling the auditorium to the brim, the Chairperson of the 91st College Guild Council, Fahad Ssozi Batte, said the 2025 orientation was planned to provide a rich and rewarding experience to students, as they commence the academic year 2025/2026. In addition, Ssozi Batte noted that the information and knowledge shared would provide a firm foundation to the students about life on campus. He thanked the entire College student leadership for remaining steadfast in the advancement of student interests.

Business & Management
COVID-19 Deepened Food Insecurity Among Uganda’s Urban Poor, With Women Hit Hardest, EfD Study Finds
Published
1 week agoon
July 31, 2025By
Jane Anyango
Kampala – July 31, 2025
A study by researchers from the EfD-Mak Centre at Makerere University has revealed stark gender differences in the impact of COVID-19 on food security among Uganda’s urban poor, with female-headed households bearing the brunt of the crisis. The findings were presented at a stakeholder dissemination meeting held at Tick Hotel in Kawempe Division, Kampala.
The research, led by Dr. Fred Matovu, Fred Kasalirwe, and Anitah Kyamugabwa, focused on Kawempe Division, one of Kampala’s most densely populated and low-income areas. Using data from a 2022 household survey of 415 respondents, along with focus group discussions and interviews with key government stakeholders, the study examined how the COVID-19 pandemic and related economic disruptions worsened food security in informal urban settings.

Speaking on behalf of the EfD Uganda Director, Dr. Peter Babyenda stressed that Uganda’s current social protection structures are inadequate, especially for the most vulnerable. He called for policy frameworks that are informed by grassroots realities. “We need policies that involve those affected from the ground up, especially the urban poor who live on daily incomes. During COVID-19, these groups suffered immensely when lockdowns were imposed without consultations,” he said.
The study, titled “Differences in COVID-19 Effects on Food Security and Adaptive Strategies among the Urban Poor: Experiences from Uganda and Tanzania”, was conducted between 2022 and 2023 in collaboration with EfD Tanzania. In Uganda, the research focused on how urban poverty intersected with gender and food insecurity.

Presenting the findings, Fred Kasalirwe reported that poor urban households, especially those relying on informal employment, were disproportionately affected due to low and unstable incomes. The containment measures introduced in March 2020 including stay-at-home orders, closure of schools, suspension of public transport, and night curfews had a devastating effect on daily earners. As economic activity halted, access to food, healthcare, and essential services declined sharply.
The research found that food security and dietary quality worsened for both male- and female-headed households. However, the impact was more severe for female-headed households due to greater caregiving responsibilities and fewer income-generating opportunities. With limited access to social safety nets, families resorted to extreme coping strategies such as selling household assets, depleting savings, and changing their diets involuntarily. Kasalirwe noted that government food assistance during the crisis was inconsistent and insufficient.

He explained that female-headed households faced unique challenges, often balancing caregiving with limited means to earn income during lockdowns. “These households suffered more from income shocks, leading to worsened nutrition among children and the elderly,” he said. Most had to rely on informal networks or personal savings to survive.
The study also noted an unexpected finding: persons with disabilities experienced relatively improved food security during the crisis, likely due to targeted social support. However, this level of support was not extended to most households, exposing critical gaps in Uganda’s social protection systems.

While the COVID-19 pandemic was a primary focus, researchers emphasized that food insecurity among the urban poor in Uganda has been driven by a wider series of shocks. These include prolonged droughts, floods, mudslides, economic recessions and the suspension of major aid programs such as USAID. Each of these events has further strained already fragile food systems and household resilience.
Kasalirwe warned that unless Uganda adopts robust and inclusive social protection policies, the country will remain vulnerable to future crises. He urged the government to consider gender-responsive strategies that recognize the disproportionate burden carried by women and informal workers. “Government programs often collapse because communities are not involved in designing or owning them,” he said. “What we need is a bottom-up approach where self-help mechanisms and community buy-ins are developed alongside government interventions.”

He further noted that while COVID-19 provided the context for the study, the findings are applicable to a wide range of future shocks, including public health emergencies, climate change, and global economic downturns. “We’ve seen floods in Mbale, Ebola outbreaks, and the ripple effects of the Ukraine war. We need systems that don’t crumble when funding dries up,” he said.
The researchers urged both the government and development partners to shift focus from emergency responses to long-term resilience building. They emphasized that coping strategies such as selling productive assets or reducing food intake are impoverishing and unsustainable. The study called for a strong policy framework that prioritizes food security, supports vulnerable populations, and enhances urban livelihoods.

The study recommends a participatory approach that actively involves vulnerable communities in the design and implementation of social protection programs. It also calls for the establishment of community-based safety nets that are sustainable even in the absence of regular government funding. The researchers stressed the importance of gender-sensitive planning, especially in informal settlements where women face heightened challenges during economic shocks. Additionally, the government is urged to streamline its social protection initiatives through the Ministry of Gender, Labour and Social Development, ensuring effective outreach and awareness to reach those most at risk.
The research was funded by the EfD Global Hub and coordinated by the EfD-Mak Centre. Participants at the dissemination meeting echoed the urgency of addressing urban food insecurity and preparing more effectively for future crises.
More photos from the workshop


Jane Anyango is the Communication Officer EfD Uganda.
Business & Management
Prof. Edward Bbaale endorses newly founded Mak-CoBAMS SACCO
Published
2 weeks agoon
July 24, 2025
By Ritah Namisango and Monica Meeme
On Tuesday 22nd July 2025, Prof. Edward Bbaale, the Principal of the College of Business and Management Sciences (CoBAMS) endorsed the newly-established College SACCO by enrolling as a member.
The Mak-CoBAMS SACCO, which was inaugurated on 14th July 2025, provides a platform to improve the economic well-being and quality of life of members through accessible financial services, provision of affordable loans, promotion of a savings and investment culture, financial security, and potential dividends.
The interim Committee that was instituted to kick-start the SACCO has been working under the guidance of the Deputy Principal, Associate Prof. James Wokadala as Patron.
Tasked with finalizing the operations of the SACCO, the Interim Committee, chaired by Dr. Peter Babyenda consists of the following members: Dr. Allen Kabagenyi-Vice Chairperson, Dr. Christopher Alioni-General Secretary, Mr. Peter Mubiru-Treasurer, and Mrs. Juliet Mirembe Ssewankambo-Mobilizer. The Committee members representing the three schools include: Mr. Fred Kasarirwe-School of Economics, Dr. Marion Nanyanzi-School of Business, and Dr. Hellen Namawejje-School of Statistics and Planning. Mr. Joseph Ikarok represents support staff on the SACCO.

As the SACCO kicks off, the Committee agreed on the following contributions: Membership fee of 20,000/=, Annual subscription fee of 30,000/=, a minimum of ten shares at 100,000/= per member, and a minimum monthly contribution of 50,000/=.
The Committee believes that the rates set are manageable by members of staff. According to the Chairperson, Dr. Babyenda, the Committee is enrolling members. He stated that the minimum monthly saving of 50,000/= is a priority, and also called upon each member to pay up the minimum 10 shares before 31st July 2025.
Congratulating the College Principal, Prof. Bbaale upon becoming a member of the Mak-CoBAMS SACCO, the interim General Secretary-Dr. Alioni, reported that they need at least 30 members to start operations.
Following his enrollment as a Member, Prof. Bbaale, lauded the team for the establishment of the SACCO, a long-awaited intervention that will provide financial support to staff members. He thanked Associate Prof. James Wokadala for his resilience and dedication to making this initiative a reality.
Prof. Bbaale explained that the SACCO is well-aligned with the college’s research and academic programs, which focus on business, economics, statistics and planning.He highlighted the critical need for accessible finance, citing it as one of the leading constraints to development and business growth. The SACCO will fill a significant gap by providing staff members with financial support at reasonable interest rates.

Prof. Bbaale believes that the SACCO will transcend his tenure and become a lasting legacy for the college, providing benefits to staff members for years to come. He commended the interim committee for their hard work and commitment to establishing the SACCO. He expressed confidence in the team’s ability to manage the SACCO effectively, citing their strong work ethic and dedication.
Pledging his full support towards the SACCO, Prof. Bbaale rallied members of staff to join the initiative and participate in its activities and programmes. He stated that the SACCO will have a positive impact on the college community, addressing financial constraints and improving the well-being of staff.
The Deputy Principal, Associate Prof. Wokadala, acknowledged the College Principal for hosting the meeting and guiding the process leading to the establishment of the SACCO. He noted that the SACCO is a long-standing dream of the college’s formulators and a game-changer for the institution. To this end, the College Board unanimously welcomed the idea and set up an interim committee to oversee its implementation.
Associate Prof. Wokadala commended the colleagues who volunteered to steer the initiative, expressing confidence that the SACCO would become vibrant and successful. He visualised the SACCO evolving into a microfinance institution or bank with member support.
The Deputy Principal reported that the Principal’s office provided a contribution of 3,000,000/= to kick-start the SACCO’s activities, which would be accounted for by the committee. He emphasized transparency and accountability in managing the funds, noting that the committee would account for every shilling received, and present a report to the Annual General Meeting (AGM).
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