The Chair Council, Mrs. Lorna Magara (2nd Left) and Vice Chairperson, Rt. Hon. Daniel Fred Kidega (2nd Right) with Council Members Prof. Sara Ssali (Right) and Mr. Edwin Karugire (Left) during the meeting at CoBAMS on 2nd March 2023.
The Makerere University Council led by its Chair Mrs. Lorna Magara on March 2, 2023 visited the College to introduce the new members and also get acquainted with the operations of the College of Business and Management Sciences (CoBAMS) and how it aligns with the University’s strategic goals.
The College management team, led by the Principal Prof. Eria Hisali shared with the council members what the College is doing to align its self to the Strategic Plan (2020-2030) which aims to transform Makerere into a research-led University, responding to national, regional and global development challenges, as well as contributing to global knowledge generation.
The Principal informed the council that the College awards small grants to different researchers as well as encourages others to apply for external grants. It also encourages publications and has various avenues for dissemination such as seminar series and the policy labs.
Some of the Council Members that attended the meeting.
Prof. Hisali informed the meeting that the College has established an endowment fund in an effort to improve its financial position.
The council members learnt that the College had written a proposal for infrastructure development to the Ministry of Finance, Planning and Economic Development. The proposal is at Development Committee level. The College is optimistic about its funding.
The council members pledged to support the College and advised the leadership to register the PIM Centre of Excellence as an independent organization with legal status.
Council Members interact with CoBAMS Leadership during the meeting.
Other developments the Principal shared included;
The MA Economics students from the College emerged the overall best of the seven participating Universities at the Joint Facility for Electives with an average CGPA of 3.83 out of a maximum of 4.00, which speaks to the quality of programs offered.
Accreditation of BCOM by ACCA Global. Graduates of the Bachelor of Commerce Program now have eight out of the possible nine exemptions.
Partnership with Prudential Assurance Uganda Limited. This gives a cash prize of US$500 to each of the best five final year students on the Program. Even more importantly, they are offered a full scholarship to pursue the professional Actuarial program.
Development of a College based students’ enrolment system in order to improve decision making and service delivery. Students are being sensitized to enroll starting this Semester.
The College also completed a partnership through which the best performing MA Economics Student is absorbed as a Research Fellow at the EPRC
Graduate fellows are recruited for all the Departments. These are proving very helpful in supporting students to appreciate concepts in smaller groupings.
The College Endowment Fund has continued to grow and currently stands at approximately US$100,000. Plans are underway to launch it in order to pave way for the public and well-wishers to contribute.
Infrastructure project: The College has gone through the gatekeeping requirements and the feasibility report is now at DC of MoFPED.
The EAC extended support towards ICT equipment for the School of Statistics and Planning worth US$500,000.
The Government of Uganda took over support to the Public Investment Management Center at the College starting 2022/2023.
The College is supporting efforts to develop an implementation roadmap for the PDM
Researchers at the College have continued to win competitive research grants
The publication record at the College has improved considerably from around 30 publications annually to over 120 for the year 2022.
Community engagements and outreach through the EfD, Entrepreneurship Center, PIM Center, etc.
Revamping of the College website as part of plans to improve visibility of the College
Short term capacity building for the administrative and support staff of the College
The College has finalized discussions on the work process flows and are now due for discussion at the College Administrative Board
The College obtained full accreditation of its REC from the National Council for Science and Technology.
The School of Economics has been selected to host the Annual Centre for the Study of African Economies Conference by the University of Oxford. This is the second time it will be hosted on the African continent and will take place between 27th and 30th November 2023.
The School of Economics is engaging Amazon with regard to skilling in the field of Machine Learning
The School of Business has finalized plans to host a Public Lecture on April 4, 2023 on the theme, “Corporate Governance as a business competitive strategy, consolidating gains and advancing prospects in Africa’s Market”.
Arising from an existing Memorandum of Understanding (September 2021) between University of Padova, Italy (UniPd) and Makerere University (Mak), the two institutions partnered and were jointly granted funding for the Erasmus+ KA171 international credit mobility for students and staff, 2024-2027. At Mak, the Departmental Flow Coordinator is Felix Wamono (PhD) and the project Principal Investigator is Saint Kizito Omala (PhD), both of Department of Statistical Methods and Actuarial Science (DSMAS).
In this regard, the Department of Statistical Methods and Actuarial Science wishes to announce opportunities for students and staff credit mobility to the Department of Statistical Sciences, University of Padova, Italy for the Winter Semester, October 2025 – February 2026.
The selection process shall entail five-steps:
Step 1: Submission of documents by candidates for nomination, with an internal deadline of April 21st, 2025, 05.00 p.m. (EAT) to allow for time to process nomination applications; Step 2: Nomination of candidates who would have applied for nomination; Step 3: Submitting the list of nominated candidates, by April 28th, 2025, to the International Projects and Mobility Office of the University of Padua, Italy; Step 4: Eligibility check and communication to successful candidates by the International Projects and Mobility Office of the University of Padua, Italy; and Step 5: Application for the Mobility opportunity by successful candidates.
Inquiry
Reach out to Dr. F. Wamono on +256 772 467206 Dr. S.K. Omala via +256 772 491545 before April 21st, 2025.
A two-week intensive training in Financial Appraisal and Risk Analysis for government officers across Ministries, Departments, and Agencies (MDAs) concluded today April 11, 2025 at the Pearl on the Nile Hotel in Jinja. The training, delivered under the Programme on Financial Appraisal and Risk Analysis (PIAR) and spearheaded by the Public Investment Management Centre of Excellence (PIM CoE) at Makerere University, sought to bridge long-standing capacity gaps in the preparation, appraisal, and review of public sector projects.
The event was officially closed by Dr. Hennery Ssebukeera, representing the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance, Planning and Economic Development (MoFPED). Dr. Ssebukeera highlighted that the training was designed in response to a comprehensive needs assessment, which revealed persistent gaps in government officers’ abilities to carry out cost-benefit and cost-effectiveness analyses, and to prepare or assess pre-feasibility and feasibility studies.
One of the participants receives a certificate from Dr. Hennery Ssebukeera who represented the PSST, as Ms. Esther Ayebare, Assistant Commissioner PAP and Prof. Eria Hisali Look on.
“Many government projects have not been properly appraised due to limited internal capacity,” Dr. Ssebukeera stated. “Too often, we rely on external consultants to prepare feasibility studies, yet our officers are not adequately equipped to interrogate or validate those studies.” He expressed confidence that participants now possess practical skills to analyze topics such as risk analysis, financial modelling, discount rates, project finance, and consumer surplus. “You are now in a position to not only prepare but also critically evaluate complex project documentation,” he added.
Ms. Esther Ayebare, Acting Assistant Commissioner in the Public Investment Management Department at MoFPED, acknowledged the participants’ dedication and active engagement. “As the unit that hosts the Development Committee, we are pleased that this training has added critical skills to help you prepare and submit viable public projects,” she said, calling on the participants to be part of building a sustainable pipeline of investment-ready projects.
Participants attending the training.
In his remarks, Dr. John Sseruyange, Manager of the PIM CoE, emphasized that this training is only the beginning. “While we’ve now completed the financial appraisal component, the next step is Economic Appraisal and Stakeholder Analysis—where we evaluate a project’s broader impact on society and the economy,” he said. He also extended appreciation to the Government of Uganda, particularly MoFPED, for funding the training, as well as to Ms. Esther Ayebare and other facilitators for their unwavering commitment.
Prof. Eria Hisali, who represented the Principal of the College of Business and Management Sciences, praised the participants for navigating what would typically be a semester-long course within just two weeks. “This is a practical, work-oriented training. The knowledge you’ve gained here should be applicable immediately,” he said. He further invited the graduates to attend the upcoming Public Investment Management Conference in August 2025 to share their experiences and provide feedback.
Participants attending the training.
Participants also expressed their gratitude. One quoted the Quran, saying, “Whoever gives you knowledge has given you everything,” in appreciation of the facilitators and the opportunity to learn.
The PIAR program, jointly implemented by Makerere University, MoFPED, the National Planning Authority (NPA), and Cambridge Resources International (CRI), includes two modules: the just-completed Financial Appraisal and Risk Analysis, and the upcoming Economic Appraisal and Stakeholder Analysis. As Uganda continues to push for better value from public investments, trainings like this are building a critical mass of experts who will ensure that every shilling invested delivers real impact.
The Public Investment Management Centre of Excellence (PIM CoE) at Makerere University has resumed its in-depth training program for government officials in Financial Appraisal and Risk Analysis. The two-week training, held in Jinja, brings together public officers from various Ministries, Departments, and Agencies (MDAs) across Uganda.
The training was officially opened by Ms. Esther Ayebare, who represented the Permanent Secretary and Secretary to the Treasury (PSST) at the Ministry of Finance, Planning and Economic Development (MoFPED). She emphasized the Ministry’s commitment to strengthening public sector capacity under the Public Investment Management System (PIMS) framework.
Ms. Ayebare underscored the importance of the training in building the technical capacity required for sound investment decision-making. “This training will empower you to make informed decisions, assess financial viability, and identify risks that could impact investment outcomes,” she noted.
Professor Edward Bbaale, Principal Investigator of the PIM CoE, he expressed appreciation to MoFPED for its financial support and strategic collaboration in organizing the training and nominating participants. “Your continued support is instrumental in enhancing the skills and capacity of government workers in Public Investment Management,” he said. He further acknowledged the role of Vice Chancellors, Permanent Secretaries, and CAOs in nominating participants and reaffirmed Makerere’s commitment to delivering transformative learning through a blend of theory and hands-on project appraisal.
Participants in the training will engage with real-world projects in sectors such as roads, health, energy, and education. Upon successful completion, they will receive a prestigious tripartite certificate from Makerere University, MoFPED, and Queen’s University in Canada. The training features facilitators from Cambridge Resources International, the International Growth Centre, the National Planning Authority, and MoFPED, offering a curriculum rooted in global best practices.
Participants were encouraged to not only apply the knowledge in their respective roles but also to mentor colleagues, thereby broadening the reach and impact of the program.
The PIM CoE continues to play a pivotal role in shaping Uganda’s public investment landscape through research, advisory services, and outreach. Recent milestones include the revision of the Development Committee guidelines and the convening of a national PIM conference in October 2024.
With the resumption of this training, Uganda takes yet another step toward fostering a skilled public sector capable of steering high-impact investments for sustainable national development.