Connect with us

Business & Management

Environmental Economists want a “Green Fund” Established

Published

on

Environmental Economists from Makerere University and stakeholders in environment and natural resources sectors have expressed the need for Uganda to establish a Green Fund to finance green initiatives.

The dons have also proposed and re-echoed known initiatives that require mind-set change and government commitment to infrastructural developments that can reduce environmental pollution.

Environmentalists also want part of the Green Fund to come from greatest polluters in the country and the developed countries relative to the damage caused.

Participants in a group photo after the closing ceremony. Sheraton Hotel, Kampala Uganda.
Participants in a group photo after the closing ceremony.

In addition, they want the African voice heard in the global discussion towards mitigation, commitment and transitioning to low carbon economies.

The call was made during the policy dialogue organised by the Environment for Development Initiative (EfD-Mak Centre) at the Kampala Sheraton Hotel as one of the mainstream activities. The dialogue held on December 20, 2023 brought together members of the academia, representatives of private sector, government ministries, departments and agencies, CSOs, manufacturers, and commercial banks on the theme, “Green Financing in Uganda: From Paper to Practice”.

The main aim of the workshop was to engage with the government to have a healthy debate how to finance green transitions and greening starting from the household level. The key message was that there is need to transit, but the transition is not cheap, it is expensive and requires deliberate effort.

Assoc. Prof. Eria Hisali making his opening remarks. Kampala Sheraton Hotel.
Assoc. Prof. Eria Hisali making his opening remarks.

While opening the workshop, the Principal, College of Business and Management Sciences Assoc. Prof. Eria Hisali said the engagement was hinged on twin objectives of attaining low carbon outcomes and high growth outcomes which are environmentally friendly.

As researchers and policy makers, Prof. Hisali interested participants to discuss and understand the current growth landscape, where growth is coming from, and main activities that drive growth and livelihoods.

Within that landscape, the professor advised participants to address the main concerns with regard to sustainability, the environmental concerns with regard to the current sources of growth and the status quo.

A section of participants.
A section of participants.

Hisali also told participants to pose a question of the disruptive effects that come along with  the transitions to low carbon sources of growth; and closely related, the best options to make the transitions and finally, how the green financing strategies can be made attractive for the different actors to take them on.

Outside the green financing alone, Prof. Hisali challenged participants to debate on other options that policy makers can consider to enable the transition to low carbon sources of growth to start taking place.

The Professor also guided participants to have discussions on the framework for enforcement and auditing of the transition process itself, asking, what is it that they can do to ensure that they are tracking the progress made and whatever has been agreed upon at policy level, and ensure it is enforceable and that there are institutions and agencies to enforce that.

Prof. Edward Bbaale contributing during the discussions.
Prof. Edward Bbaale contributing during the discussions.

“The other issues we should be discussing is that what is our voice as Uganda and as the developing world in these discussions towards a low carbon economy. Do we have the voice as anyone else? Or is it that for us we should be making the transition while others are not, where is the equaliser. Are we in future for example going to talk about green imports or it is about us only ensuring that we go green and possibly some powerful nations look on and go to the extent of lip service”. Hisali asked.

In an interview, Prof. Hisali said, the discussion of the African voice in mitigation carbon emissions has picked traction at the global- level questioning whether all countries of the world have the same voice and commitment to addressing matters of environmental sustainability.

“This discussion is important because the transition to low carbon economies come with certain disruptions the way things are done and those disruptions are a cost. They disrupt livelihoods, slow growth and the only way we can be committed to that transition, is when we are sure that it is not only us but that everyone else has the same commitment. We all belong to the planet and we should have the same level of commitment,” Hisali stressed.

Prof. Edward Bbaale speaking during the  dialogue.
Prof. Edward Bbaale speaking during the dialogue.

The Director EfD-Mak Centre Prof. Edward Bbaale noted that although there are  more than one SDGs  focused on the environment and green financing, many countries are not living up to the set aspiration of the SDG. Bbaale is also the Director, Directorate of Research and Graduate Training at Makerere University.

As a university, Prof. Bbaale said, they must undertake research and establish to what extent the country has achieved green energy transitions and inform government where the country is, and what should be done. Through research Bbaale said the university has done a lot to  come up with innovations as solutions to the green transitions such as solar energy solutions and others.

Bbaale reported that the EfD-Mak  Centre is  focusing on environment and natural resources, on how to harness and manage the environment for sustainable development, satisfying the needs of the present generation without compromising the needs and the benefits of the future generation.

A section  of participants attending.
A section of participants attending.

As the Environment for Development initiative, Bbaale said, the topic of green financing is based on the fact that the environment has been the most affected resources through deforestation, reclaiming of wetlands, and most of these have come partly through agriculture where forests have been cut unsustainably and for infrastructural developments.

Bbaale warned that most of these developments have taken place without minding about the environment adding that unlike human beings who forgive and forget, nature does not.

“Nature does not forgive and nature does not forget. Actually, at one-time nature will hit back badly. You have seen in Kampala during this season, in the last three months, floods swallowing up people, our fellow human beings dying, cars being swallowed up in a place where you least expect that you are going to meet your death.

Some of the centre research fellows and students attending the dialogue.
Some of the centre research fellows and students attending the dialogue.

We have seen that one being caused by the environment hitting back. Maybe because that very area was a wetland, but during the construction of the house or the building or the road, this was not catered for.” The Director decried.

It is time to protect the environment through mindset change, best practices and investment in green initiatives

Prof. Edward bbaale

Prof. Bbaale stressed that it is now time to talk about protecting the environment against greenhouse gases and, one sure way, apart from mindset change and preaching to the population on the best ways of life, one other way, is through investment.

 He observed that almost 85% of Uganda’s households depend on biomass for cooking, mainly firewood and charcoal. He said, it is dangerous and leads to deforestation,  pollution and  respiratory diseases. The alternatives he said, can come through, for example, using LPG and electricity which are very expensive and require subsidies to make sure that an average household can afford consistently.

Dr. Sam Mugume making the closing remarks.
Dr. Sam Mugume making the closing remarks.

Bbaale called  for mindset change among the citizenry  and re-orientation of the country’s infrastructure to  allow citizens ride bicycles to short distance workplaces to reduce on  use of vehicles and pollution.

“You do not need to board a vehicle if you are coming from 1.5 kilometers away. A bicycle can do that, even 20 kilometers away. But now we need to establish the infrastructure for that. Have lanes that are for bicycles alone. And when you’re riding your bicycle, you are very safe. You will not meet your death because of riding a bicycle.

I’ve interacted with the professors elsewhere in the developed world, and the head of the university, the president of the university rides a bicycle to work. But these people are safe. So the question is, are you safe when you ride a bicycle to go to your place of work? But now, for us to re-orient, we require financing. And also how would you ensure that most of us will be riding electric motorcycles which don’t emit any gases?”. Bbaale said.

Dr. Sam Mugume from the Ministry of Finance delivered the keynote address.
Dr. Sam Mugume from the Ministry of Finance delivered the keynote address.

The don also welcomed the move to the manufacture and use of electric vehicles.

“Okay, how can we, all of us, ensure that we shall at one time be driving electric cars which  require that they are charged to make sure that you have enough current that will take you to Mbarara. This means that as you drive to Mbarara, somewhere, there must be a point where you go and refill your current as you drive an electric car.

 But now, government investment requires that the planning,  programming  and the budgetary processes  are in view or in perspective of the need to finance these green investments.”, He added

The Director explained that some of the issues might require doing adaptation, and so  need adaptation finance while some of the issues would require to finance the disaster, because,for example, the floods bring disasters, landslides and all of these. And so it requires that there is a fund for disasters that happen because people suffer through climate shocks.

Part of the Green Fund should come from the greatest polluters in the country and the Developed countries

prof. edward bbaale
Dr. John Bosco Oryem (R) contributing to the discussion.
Dr. John Bosco Oryem (R) contributing to the discussion.

Prof. Bbaale also noted that Neither Uganda as a country, nor Africa as a continent of Africa,  is not  solely responsible for climate issues  faced.

“…Because our colleagues in the north that are already developed, America, Europe and all that, during the industrial revolution released a lot of greenhouse gases into the environment. And that’s why actually negotiations are going on that the developed countries that actually polluted the environment in the first place should pay.

So, part of the fund that I’m talking about should come from the developed countries. Part of the fund should come from China, Europe and, part of the fund must come from the United States”, Bbaale asserted.

ED Uganda Manufactures Association attended the dialogue.
ED Uganda Manufactures Association attended the dialogue.

Bbaale added that greatest polluters in the country must pay correctly for what they have damaged.

“We must map and know globally who are the greatest contributors to the climate fund. The same applies to Uganda. We have had the debates. Who are the greatest polluters? If you are running an industry and you are releasing waste products into Lake Victoria, you must pay so that government can use the money you have paid to correct what you have damaged.

 …even if you were just releasing, because of your industrial activity greenhouse gases into the atmosphere, government should be in a position to compute the extent of damage you are causing and therefore you, the private investor, be able to pay for that. And so, government requires to finance activities that constitute green transitions”, Bbaale advised.

A panel from government ministries and agencies, the private sector.
A panel from government ministries and agencies, the private sector.

He said transiting into a green environment has two phases. Number one, is mindset change that is, what we do as human beings, and it also has to do with the real costs which is not cheap.

EfD-Mak Policy Engagement Specialist for Inclusive Green Economy (IGE) Program  Dr. Peter Babyenda said, as a country, continent and globe, there is a lot on paper, but practice is lacking.

Babyenda expressed the need to involve everybody starting from the public, the academia, media, manufacturers and commercial banks among others.

Dr. Peter Babyenda convened the workshop.
Dr. Peter Babyenda convened the workshop.

“We have realized that whenever we are coming up with these policies, more so, to do with banking, the commercial banks which deal with the person are not part of the negotiations yet there is no local person who goes directly to the central bank. So we need to involve banks right away from planning to implementation”, He said.

Babyenda also said, there is need to invest in mindset change and be able to raise funds locally as a country.

“We cannot plan for green financing where 80% of the budget is from the donors So, we need to mobilise the funds locally through contributions from emitting manufacturers, people in Agriculture and fossil fuels,” He said

Babyenda also said there is need to define the products clearly starting where the green financing will go for instance investments in tree planting, subsidizing environmentally friendly technologies including the cooking among others.

Jane Anyango is the Communication Officer EfD Uganda

Jane Anyango

Business & Management

“Professionalism is Key in Management Success,” said Mr. Peter Mubiru

Published

on

CoBAMS Management and Staff witness as join the Outgoing College Bursar-Mr. Peter Mubiru officially hands over to Mr. George Lusiba on 31st August 2026. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

“I have enjoyed working with educated and brilliant people,” remarked Mr. Peter Mubiru at the handover of the office of the College Bursar held on 31st August 2026 at the College of Business and Management Sciences.

Reflecting on his career journey at Makerere University, which commenced in 1998, Mr. Mubiru who has served with dedication and distinction said: “Professionalism is key in management success.”

Outgoing College Bursar, Mr. Peter Mubiru reflecting on his career journey. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Outgoing College Bursar, Mr. Peter Mubiru reflecting on his career journey.

Mr. Mubiru reached the mandatory retirement age on 25th August 2026, marking the end of a career spanning nearly three decades in Makerere University’s audit and financial management functions. In his 28 years of service, which he described as a rich and rewarding experience, Mr. Mubiru held the following positions: Assistant Internal Auditor, Head of Revenue and Expenditure Office, Principal Accountant, and College Bursar.

Addressing the College leadership and staff as well as University officials from the Directorate of Internal Audit, and the Directorate of Finance who convened to witness the colourful handover ceremony to Mr. George Lusiba, Mr. Mubiru appreciated the different offices at the University for their cooperation throughout his years of service.

In a very special way, he was delighted to note that Mr. George Lusiba who was taking over the mantle as the new College Bursar has worked with him closely in the execution of several tasks and activities within the Directorate of Finance. “To Mr. Lusiba, I wish you the best of luck in the position of the College Bursar,” said Mr. Mubiru.

From Internal Audit to Financial Management

Mr. Mubiru joined the University service in 1998 as Assistant Internal Auditor, a position that he held for one year. During this period, Mr. Mubiru prepared a report examining the collection and management of revenue at Makerere University.

According to Mr. Mubiru, the recommendations in the report impressed the University Management and Council. Consequently, he was transferred from Internal Audit to the Finance Department, where he served as Head of Revenue and Expenditure, presenting to him an opportunity to contribute directly to implementing some of the recommendations. He was later promoted to Principal Accountant, which positioned him to serve the College of Business and Management Sciences, and a key specialist in financial management and implementation within the University and beyond.

At the College level, Mr. Mubiru has been responsible of overseeing the financial functions within the college, management of the college annual budgeting processes, preparing financial reports at the university and college level, and ensuring compliance with financial guidelines of the university.

He acknowledged the tremendous support received from the following members of staff whom he has been supervising at the College level:  Mr. Charles Ssuna, Ms. Florence Amoding, and Ms. Mary Taaka.

Recognition of impactful service

The Principal of the College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale, applauded Mr. Peter Mubiru, for his dedicated service and contribution to the College over the years.

The Principal CoBAMS, Prof. Edward Bbaale,delivering his appreciation remarks. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
The Principal CoBAMS, Prof. Edward Bbaale,delivering his appreciation remarks.

He welcomed the incoming College Bursar, Mr. George Lusiba, and expressed the readiness of the College leadership and staff to work with him to ensure an efficient and effective financial management function. “Through his service, Mr. Lusiba will contribute to the continued growth and effective administration of the College,” said the Principal.

A Legacy of Leadership and Mentorship

Associate Professor Godfrey Akileng, Dean-School of Business, offers commendations to Mr. Peter Mubiru. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Associate Professor Godfrey Akileng, Dean-School of Business, offers commendations to Mr. Peter Mubiru.

The Dean, School of Business, Associate Professor Godfrey Akileng praised Mr. Peter Mubiru for the outstanding service, leadership, and mentorship.

“Mr. Mubiru is a straightforward and dedicated professional whose contributions had left a lasting impact on the School of Business and the wider university community,” he added.

He encouraged Mr. Mubiru to embrace retirement as an opportunity to pursue new ventures, wishing him good health, fulfillment, and God’s abundant blessings.

Compliance and Continuity in Office Transitions

Mr. Patrick Akonyet, Director of Internal Audit, highlights the public service standing orders. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Mr. Patrick Akonyet, Director of Internal Audit, highlights the public service standing orders.

Mr. Patrick Akonyet, the Head of the Internal Audit Directorate at Makerere University, highlighted the Public Service Standing Orders that govern the handover of office. He noted that these guidelines provide the minimum standards for conducting a lawful and transparent handover, accountability and safeguarding of public resources, as well as promoting continuity in institutional operations.

Collaboration, Accountability and Financial Stewardship

Delivering his acceptance remarks, Mr. Lusiba pledged to work with the College leadership, staff and stakeholders in the execution of the financial management function.

Incoming College Bursar, Mr. George Lusiba, delivering his acceptance remarks. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Incoming College Bursar, Mr. George Lusiba, delivering his acceptance remarks.

“I am deeply honoured to take on the responsibility of the College Bursar. I thank the College leadership and staff for the warm welcome and I pledge to collaborate with everyone to strengthen financial stewardship, accountability and service to excellence.”

The handover ceremony was witnessed by following university staff: Prof. Edward Bbaale-Principal, Associate Professor James Wokadala-Deputy Principal, Dean, School of Business-Associate Professor Godfrey Akileng, Dean, School of Economics-Associate Professor Ibrahim Mike Okumu, Dean, School of Statistics and Planning-Dr. Margaret Banga, Mr. Patrick Akonyet-Head of Internal Audit, Mr. George Turyamureeba-Deputy University Bursar, Ms Racheal Ikiriza-College Human Resource, Mr. David Ikoma-College Procurement Officer, Ms. Ritah Namisango-Principal Communication Officer, Ms. Stella Butamanya-School Registrar, Mr. Joseph Ikarokok-Chief Custodian, Mr. Julius Muhwezi-Planning Officer and among other members of staff at the College level.

Pleased with Mr. Peter Mubiru’s record of a service, Dr John Bosco Oryema, a member of faculty at the College of Business and Management Sciences said: “Congratulations upon reaching the mandatory retirement. You served with a smile and dedication. I remember when you were the Chief Cashier in the Main Building, you supported many of us in processing the Staff Development Fund. Enjoy the fruits of the hard work.”

Goodwill messages from staff and colleagues

Dr Jude Mugarura: It was a great service coupled with commitment and professionalism. Well done my dear brother, Mr. Peter Mubiru.

Dr Faisal Buyinza: Dear Peter Mubiru, congratulations upon your dedicated service to Makerere University.

Dr Zaina Nakabuye: Congratulations Mr. Peter Mubiru upon reaching this milestone.

Dr Aisha Nanyiti: Congratulations Mr. Peter Mubiru on your dedicated service.

Dr Susan Namirembe Kavuma: Well done Mr. Peter Mubiru, we wish you the best in your new chapter of your life.

Dr Issa  Sekatawa: My brother, you have served. We enjoyed our brotherhood before I joined Makerere University

Dr Christopher Muganga: Mr. Peter Mubiru, for your great service to Makerere University and humanity at large, and all the best in your upcoming engagements.

Agnes Ssempebwa: Congratulations Mr. Peter Mubiru on your dedicated service, I wish you od’s blessings in your new chapter of life

Geoffrey Nuwagaba: Thank you Mr. Peter Mubiru for serving us diligently and retire with flowers. I pray that more gates open for you in the next endeavours.

Dr. Patricia Ndugga: Congratulations Mr. Peter Mubiru on your diligent service. Best wishes ahead.

Emmanuel Ssemuyaga: Congratulations on your retirement. It has been a pleasure and privilege working with you. I truly enjoyed the time we interacted, and your contribution, warmth, and collegiality made the experience both exciting and memorable.

Peter Kisaakye: Congratulations Mr. Peter Mubiru. Wishing you well.

Dr Sarah Bimbona: Congratulations. Wishing you all the best in the new Chapter.

Dr Godfrey Akileng: Congratulations. Thank you for completing your tour of duty in building for the future. Your diligent contribution and professionalism leaves a mark. You have been a brother. May the good Lord bless you abundantly.

Dr Kasim Sendawula: Well done Mr. Peter Mubiru. We have indeed enjoyed your dedicated service. May the Almighty God bless you as you embark on a new chapter of life.

Dr Marion Nanyanzi: Congratulations Mr. Peter Mubiru. May the Almighty God bless and guide you as you begin a new chapter.

Dr John Mushomi: Well done Mr. Peter Mubiru. Thanks for keeping young and cool. I am sure work has just started at yours as you retire. The world needs your service more than ever before.

Tadeo Masimengo: May you be blessed as you retire from Makerere University

Dr Peter Babyenda: Thank you for the work well done. Best wishes.

Chris Alioni:  Congratulations Mr. Peter Mubiru. You have served well.

Dr Stephen Wandera:  Congratulations Mr. Peter Mubiru. You have served us well. I will miss this great partnership and collegial work ethic.

Dr Lillian Tukahirwa: You have served Makerere University with dedication. To God be the glory for the accomplishments and good work.

Jude Sebuliba: Congratulations Mr. Peter Mubiru. I wish you a successful and fruitful re-engagement.

Patience R. Mushengyezi: Congratulations Mr. Peter Mubiru. May God guide you in your next phase.

Paneah Asiimwe: You are a good man. Mr. Peter Mubiru, enjoy your retirement.

Dan Kiganda: Congratulations Mr. Peter Mubiru. Thank you for the dedicated service.

Eric Tumwesigye: Enjoy your next deployments because definitely, you are going for fresh and awesome deployments.

Pictorial:

CoBAMS Management and Staff join the Outgoing College Bursar at Official Handover of Office. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
CoBAMS Management and Staff join the Outgoing College Bursar at Official Handover of Office.

Staff directly overseen by the outgoing CoBAMS Bursar pose together for a photo session during the handover. Mr. Peter Mubiru handover of the office of the College Bursar to Mr. George Lusiba, 31st August 2026, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Staff directly overseen by the outgoing CoBAMS Bursar pose together for a photo session during the handover.

Ritah Namisango
Ritah Namisango

Continue Reading

Business & Management

The Gambia Benchmarks Makerere’s Public Investment Management Model

Published

on

Prof. Edward Bbaale and Prof. Eria Hisali pose for a group photo with Mr Baboucarr Jobe, his delegation and officials on 28th August 2026. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.

The Gambia is looking to deepen its public investment management (PIM) systems by drawing lessons from Uganda, with a high-level delegation from the West African country visiting Makerere University’s Public Investment Management (PIM) Centre of Excellence to benchmark Uganda’s experience.

The delegation, led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, visited Makerere University’s Public Investment Management (PIM) Centre of Excellence to learn from Uganda’s approach to project conceptualisation, appraisal, implementation, monitoring and evaluation.

The visit is part of wider reforms being undertaken by The Gambia to strengthen its economic, judicial and institutional systems, with public investment management identified as a critical area for improvement.

Speaking during the visit, Mr Jobe said The Gambia had embarked on PIM reforms in collaboration with the International Monetary Fund (IMF), which advised the country to benchmark its systems against countries with relevant experience.

“Several countries were recommended, but we ultimately chose Uganda. I am happy to say that we are glad we selected Uganda for this assignment,” he said.

He noted that although the delegation initially intended to focus specifically on public investment management, the visit had exposed them to broader areas with potential for cooperation between Uganda and The Gambia.

The delegation also visited Makerere University’s Innovation Centre, where it explored initiatives that could support collaboration between the two countries in advancing economic development.

Mr Jobe said institutions in The Gambia, including the University of The Gambia and the Civil Service University, could potentially collaborate with Makerere University and its Innovation Centre.

Closing gaps in public investment

Mr Jobe identified project conceptualisation, project evaluation, project implementation, monitoring and evaluation as some of the major gaps in The Gambia’s public investment management system.

He said the delegation was particularly impressed by Uganda’s systematic approach to managing public investments and the collaboration among institutions involved in the process.

Mr Baboucarr Jobe. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Mr Baboucarr Jobe.

“What has impressed us in Uganda is the manner in which the public investment management process is carried out step by step,” he said.

The Gambian delegation also observed collaboration among key government institutions, including the Ministry of Finance, Office of the Prime Minister, Office of the President and other stakeholders.

Mr Jobe said such institutional collaboration was an important lesson that The Gambia would seek to replicate.

The delegation had an opportunity to participate in a Development Committee meeting, where they observed how different government offices work together to advance Uganda’s development priorities.

Makerere Centre plays key role

The visit was hosted by the Public Investment Management Centre of Excellence, which is integrated into Uganda’s broader public investment management system.

Prof. Edward Bbaale welcomed the Gambian delegation and said the visit provided an opportunity for peer learning and exchange of practical experiences between the two countries.

He said countries were at different stages of strengthening their public investment systems, making peer learning an important avenue for identifying approaches that could be adapted to different institutional contexts.

Prof. Edward Bbaale. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Edward Bbaale.

“We hope to share not only what has worked well, but also some of the challenges we have encountered and the lessons we have drawn from them,” Prof. Bbaale said.

He encouraged the delegation to engage openly with the Makerere team, ask questions and share their own experiences to ensure that the benchmarking exercise was practical and mutually beneficial.

Building capacity for better investments

Prof. Eria Hisali, who presented an overview of the Centre, emphasised the importance of strengthening public investment systems to ensure that limited public resources are used effectively.

He explained that capital investments remain a key driver of economic growth, but governments often face resource constraints that make it impossible to implement every proposed project.

A strong public investment management system, he said, enables governments to assess and select projects based on their potential returns and development impact.

The Centre aims to support this process by building a pool of well-prepared projects at different stages of development, enabling government to make informed decisions about which projects to finance and implement.

Prof. Eria Hisali (L) presents Makerere's Souvenir Coffee Table Book to Mr Baboucarr Jobe (R). Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Eria Hisali (L) presents Makerere University‘s Souvenir Coffee Table Book to Mr Baboucarr Jobe (R).

The PIM Centre of Excellence was established with support from the Foreign, Commonwealth and Development Office (FCDO), the UK Trust Fund and the Government of Uganda. It initially operated as a project before being mainstreamed into the Government of Uganda, with its resources now coming directly from government.

Since its establishment, the Centre has trained 526 public-sector officials in areas related to public investment management.

Its training programmes cover key stages of the PIM cycle, including project conceptualisation, integrated analysis, feasibility studies, financial and economic appraisal, risk analysis, project execution, procurement and evaluation.

Strengthening South–South cooperation

For Mr Jobe, the visit was also an opportunity to challenge the tendency of African countries to look outside the continent for solutions to development challenges.

He argued that African countries operate in broadly similar environments and face many common challenges, making the continent an important source of knowledge and practical solutions.

“We need to move away from always looking outside Africa for solutions. There are many valuable initiatives being undertaken by our African brothers and sisters, and it is important that we learn from one another,” he said.

Prof. Eria Hisali takes the delegation on a brief guided tour of the Main Campus. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Eria Hisali takes the delegation on a brief guided tour of the Main Campus.

He proposed stronger partnerships between institutions in Uganda and The Gambia, including possible collaboration between universities and civil service training institutions.

“This visit is one step in that direction. South–South cooperation needs to be further strengthened,” he said.

Investing limited resources for greater impact

The Gambian delegation’s interest in public investment management is closely linked to the country’s development challenges.

According to Mr Jobe, The Gambia’s GDP is currently just under US$3 billion, with annual economic growth estimated at between five and six per cent. Inflation has declined significantly from double-digit levels to approximately seven per cent, although poverty remains high at more than 50 per cent.

He said strengthening public investment management was therefore essential to ensuring that the country’s limited public resources generate tangible benefits for citizens.

Prof. Edward Bbaale takes the delegation on a guided tour of the upcoming Makerere Museum. Public Investment Management (PIM) Centre of Excellence hosts high-level delegation from The Gambia led by Mr Baboucarr Jobe, Permanent Secretary in The Gambia’s Ministry of Finance, 28th August 2026, Makerere University, Kampala Uganda, East Africa.
Prof. Edward Bbaale takes the delegation on a guided tour of the upcoming Makerere Museum.

“This visit will help us ensure that public investment and the limited public resources available to us are utilised efficiently and provide benefits to the average Gambian,” he said.

He added that achieving value for money from public resources would enable citizens to experience greater benefits from government investments and contribute to poverty reduction. The visit marked an important step towards strengthening institutional cooperation between Uganda and The Gambia, while positioning Makerere University and its PIM Centre of Excellence as a potential partner in building public-sector capacity beyond Uganda.

Betty Kyakuwa
Betty Kyakuwa

Continue Reading

Business & Management

Makerere University Inaugural Conference on Noonomy Paves way for Centre of Excellence in Africa

Published

on

Seated L-R: Prof. Sarah Ssali, Mr. Sergey Lobanov-Head of Mission, Russian Embassy in Uganda, Prof. Nikolay D. Dmitriev, Prof. Edward Bbaale, Dr. Robert Ngobi, Mr. Davis Vuningoma and Prof. Ibrahim Mike Okumu with Dr. Peter Babyenda and CoBAMS Students (Standing) on 20th August 2026. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa

Makerere University on 20th August 2026, hosted the historic inaugural conference on the Theory of Noonomy, bringing together scholars, policymakers, international partners and students to explore a bold new paradigm for addressing modernity’s deepest crises. Organised by the School of Economics, College of Business and Management Sciences (CoBAMS) in collaboration with the S.Y. Witte Institute for New Industrial Development, St. Petersburg Polytechnic University, Russia and supported by the Makerere University Research and Innovations Fund (Mak-RIF), the conference was held under the theme “The Theory of Noonomy and Its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation.”

The event held in the Senior Common Room, Main Building underscored Makerere’s strategic commitment to thought leadership in Africa’s transformation, positioning the University as a continental hub for alternative development thinking.

Bold Thinking Amid Global Crises

Representing Vice Chancellor Prof. Barnabas Nawangwe, the Deputy Vice Chancellor in charge of Academic Affairs (DVCAA), Prof. Sarah Ssali described the gathering as both timely and historic.

“Across the globe, we continue to witness systemic crises rooted in market fundamentalism, unchecked resource depletion, and the ideology of growth for the sake of growth. These contradictions are not abstract, but they manifest in climate change, widening inequality, and the erosion of social cohesion” Prof. Ssali stated.

On this note, she lauded the Theory of Noonomy, developed by Prof. Sergey Bodrunov, as a transformative lens. She noted that Prof. Sergey Bodrunov’s Theory of Noonomy that prioritizes reason, humanistic values and solidarism, offers a sustainable path forward in the midst of global crises driven by market fundamentalism, resource depletion and endless growth, exacerbated by climate change, inequality, and social erosion. The Theory envisions a shift to a New Industrial Society of the Second Generation (NIS.2) where knowledge, technology, and human potential drive progress.

Prof. Sarah Ssali. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Sarah Ssali.

“Hosting this conference is not accidental,” Prof. Ssali affirmed, adding that it “Reflects our commitment to shaping debates that matter for Africa’s future.” She outlined the conference’s five core objectives: to introduce and contextualise Noonomy within Africa’s socio-economic realities; to explore solutions to systemic challenges such as inequality, resource scarcity and climate change; to identify pathways for integrating Noonomy principles into policy, education and institutional frameworks; to foster collaboration among scholars, policymakers and practitioners; and to lay the groundwork for establishing a Noonomy Centre at the School of Economics, CoBAMS.

She added that once established, the Centre will serve as a hub for continental dialogue, research, and innovation, hence positioning Makerere and her partners to “transform the theory of Noonomy into a living agenda for Africa, that prioritizes knowledge, human potential, and sustainable transformation”.

Noonomy’s Emphasis of Knowledge as the Primary Productive Force

Prof. Sergey Bodrunov, Director of the S.Y. Witte Institute and author of the theory, addressed the conference virtually and underscored Noonomy’s relevance in an era of technological power that can either destroy or elevate humanity. He argued that neoliberal models have entrenched inequality and ecological crises, while the gradual removal of humans from direct material processes open a path to a non-economic mode of satisfying rational human needs.

Prof. Sarah Ssali (L) and Prof. Nikolay D. Dmitriev (R) and member of the delegation from Russia (C). College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Sarah Ssali (L) and Prof. Nikolay D. Dmitriev (R) and member of the delegation from Russia (C).

Additionally, Prof. Nikolay Dmitriev, Director of the S.Y. Witte Institute expanded on the practical implications for Africa. He stressed that technological sovereignty must be pursued without repeating the dependency traps of earlier industrialisation. Cognitive technologies, he noted, can either subordinate humans to the technosphere or place technology in service of human potential. On the other hand, he noted that Africa’s rapid demographic growth and cultural diversity make it a critical laboratory for Noonomy’s application.

Panel Scrutinizes Noonomy under the lens of Ugandan Realities

Moderating the high-level panel, the Principal CoBAMS, Prof. Edward Bbaale, set the stage with a question on the Ugandan context: Can the country move from a technology-consuming economy to a knowledge-producing one while remaining human-centred and inclusive? He outlined three tests any technology adoption should pass under a Noonomy lens; productivity, human development, and inclusion.

“The first test is the productivity test. Does it improve what society can produce? The second test is the human development test. Does it expand skills, creativity, capabilities, and quality of life? And then number three, the inclusion test. Are its benefits widely spread, or does it deepen exclusion?” Prof. Bbale pondered, as he equally thought to interrogate how the theory aligns with Uganda’s tenfold growth strategy and National Development Plan IV.

Panellists included Prof. Robert Wamala-Director of Research, Innovations and Partnerships (DRIP), Makerere University, Dr. Robert Ngobi-Director Policy Research, National Planning Authority (NPA), Mr. Davis Vuningoma who represented Dr. Albert Musisi-Commissioner Macroeconomic Department, Ministry of Finance, Planning and Economic Development (MoFPED) and Prof. Nikolay D. Dmitriev. Discussions centred on mainstreaming knowledge as a productive force in national planning, financing long-term knowledge-intensive capabilities, and ensuring industrialisation expands rather than displaces human potential.

Prof. Wamala emphasised the need to Africanise the theory, “We should not simply import the concept… Our role should be to interrogate, Africanise and generate evidence on what a knowledge and intelligence-driven economy means in the African context.” He proposed an interdisciplinary research programme, curriculum transformation from knowledge transmission to intelligence development, and the creation of an African Noonomy network led by Makerere.

L-R: Prof. Edward Bbaale with Panelists-Mr. Davis Vuningoma, Dr. Robert Ngobi, Prof. Robert Wamala and Prof. Nikolay D. Dmitriev. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
L-R: Prof. Edward Bbaale with Panelists-Mr. Davis Vuningoma, Dr. Robert Ngobi, Prof. Robert Wamala and Prof. Nikolay D. Dmitriev.

Dr. Ngobi in his submission noted that although the principles of Noonomy are already addressed by aspects of developing planning, he pointed to the need to address a series of “missing middles” attributed to: reliable and well-costed electricity supply to support hi-tech industries; infrastructure in form of roads, digital infrastructure; seamless interconnectivity in the form of mass rapid transport systems for people and goods; mass education systems; mass health systems that are not only sensitive to local diseases but also viable for medical tourism; as well as knowledge research and innovation informed by national priorities.

Addressing financing of national development priorities, Mr. Vuningoma emphasised the Government appreciation of the need to fund Science, Technology and Innovation (STI) as a pillar for economic transformation. As such he shared that over UGX 1 Trillion had been allocated to the STI sector to support innovations particularly in health.

Prof. Dmitriev on his part addressed the research topics that should become priorities for the first stage of cooperation between Makerere University and the World Association of Noonomy and the S.Y. Witte Institute of Noonomy and New Industrial Development.

Questions from the floor and online participants focused on inclusivity of youth and women, reconciliation of Artificial Intelligence (AI) with African cultural values and indigenous knowledge, and mechanisms to prevent elite capture of automated production. Panelists stressed that Noonomy’s emphasis on solidarity and human-centred development provides the ethical foundation for addressing these concerns through joint research.

Courtesy Call on the Vice Chancellor

Key on the agenda of the visiting delegation was a courtesy call on the Vice Chancellor, Prof. Barnabas Nawangwe. In his remarks, Prof. Nawangwe thanked Prof. Sergey D. Bodrunov, author of the Theory of Noonomy and Prof. Dmitriev for choosing Makerere out of all African Universities as partner in advancement of future collaborations and research. He added that setting up a Centre of Excellence in Noonomy at the School of Economics would bolster the University’s aspirations to become Africa’s thought leader in knowledge generation for societal transformation and development.

Prof. Barnabas Nawangwe shakes hands with Prof. Nikolay D. Dmitriev. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Barnabas Nawangwe shakes hands with Prof. Nikolay D. Dmitriev.

Transitioning from Dialogue to Institutional Action

In his closing remarks, Dean of the School of Economics, Prof. Ibrahim Mike Okumu described the conference as the start of a sustained institutional relationship rather than a one-off event. He committed the School to developing a concrete research agenda with named outputs and timelines, including joint studies on automation and labour markets in African economies, doctoral exchanges, and empirical testing of Noonomy claims against Ugandan and East African data.

“Let us treat Noonomy as a diagnostic, not a blueprint,” Prof. Okumu urged. “Its greatest value to us is not a policy program awaiting adoption, but a lens sharpening the questions our own planners must answer directly. How do we build human and creative capacity alongside industrial capacity rather than after it? How does this school develop a research agenda that studies Uganda’s own transition rather than import a finished framework wholesale?” he pondered.

Prof. Barnabas Nawangwe (2nd L) and Prof. Nikolay D. Dmitriev (2nd R) with Prof. Ibrahim Mike Okumu (R) and Ms. Ritah Namisango (L) during the courtesy call. College of Business and Management Sciences (CoBAMS) supported by the Makerere University Research and Innovations Fund (Mak-RIF) in collaboration with the Witte Institute for New Industrial Development and St. Petersburg Polytechnic University, Russia Conference on The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation, 20th Aug 2026, Senior Common Room, Main Building, Makerere University, Kampala Uganda, East Africa
Prof. Barnabas Nawangwe (2nd L) and Prof. Nikolay D. Dmitriev (2nd R) with Prof. Ibrahim Mike Okumu (R) and Ms. Ritah Namisango (L) during the courtesy call.

He announced Makerere’s forthcoming participation in the World Association of Noonomy Congress in Italy and reiterated the University’s determination to establish the proposed Noonomy Centre as a hub for continental dialogue, research and innovation.

The conference concluded with exchanges of gifts, group photographs and expressions of gratitude to partners including the Government of Uganda through Mak-RIF, the Russian Embassy, and the S.Y. Witte Institute.

Mak Editor

Continue Reading

Trending