The College of Business and Management Sciences has today January 31, 2024, the 3rd day of the 74th graduation ceremony, graduated 1,704 students. At the same function, five of the college’s senior researchers received the Vice Chancellor’s Research Excellence Award 2023.
The researchers, Dr. Allen Kabagenyi, Dr. Peter Kisaakye, Assoc. Prof. Betty Kwagala, Dr. Francis Wasswa and Dr. Stephen Wandera, were recognized for having the highest number of publications, in the last 5 years, in the college. This year’s graduation saw 7 people graduate with PhDs, 214 with Masters, 4 with Post graduate diplomas and 1479 with undergraduate degrees from the College of Business and Management Sciences. Of these 900 are female while 803 are male representing 52.9% and 47.1% respectively.
During the course of the 74th graduation ceremony, a total of 12,913 graduands will receive degrees and diplomas of Makerere University. Of these, a total of 132 graduands will graduate with PhDs, 1585 with Masters degrees, 11,016 with Bachelor’s degrees, 156 with postgraduate diplomas, and 24 with undergraduate diplomas. 53% of the graduands are female and 47% are male. In the category of PhD graduands, 46 are female and 86 are male. In the category of students graduating with Master’s degrees, 699 are female and 886 are male.
While addressing the graduands, the Vice Chancellor, Prof. Barnabas Nawangwe, said the university’s goal is to graduate at least 200 PhDs per year in response to the World Bank’s call for at least 100,000 PhDs for Africa over the next 10 years, to pull the continent out of poverty.
He also congratulated the college upon the various milestones achieved in the last one year which include, drafting of the proposed Parish Development Model (PDM) implementation strategy. This, the College did, in partnership with the UNDP. The draft strategy is under review by the Office of the Prime Minister. The Strategy will go a long way in improving Parish Development Model (PDM) implementation.
The VC reechoed the Chief Justice’s call to the fresh graduates to go to the communities and sensitise people about the potential of the Parish Development Model to get them out of poverty if they invest the money provided by Government wisely.
“If this initiative fails, we will all have failed, and I encourage everybody to keep politics out of this initiative. We have more than 200,000 students in all universities in Uganda and only 60,800 parishes. Theoretically there are three students for each parish. If we all, Government and universities think out of the box, we can go to every parish and make the difference that is so badly needed,” Prof. Nawangwe said.
The VC congratulated the college upon holding the first entrepreneurship congress which brought which gave students an opportunity to network and learn from practitioners, entrepreneurs and financial institutions among others.
He noted that the School of Economics entered a new partnership with Oxford University and jointly hosted the 2023 workshop on Economic Development in Africa, while the School of Statistics and Planning also co-hosted an international conference on “Ageing and Health of Older Persons in Sub-Saharan Africa’ in February 2023.
Celebrating Top Students
The Vice Chancellor recognized the top performing students in the college, who are to be awarded by different partner organizations.
Lwamasaka Prosper, who is graduating with a Bachelor of Commerce and a CGPA of 4.62 will be awarded by ACCA for his outstanding performance.
Mr. Jude Sebuliba, graduating with a Masters of Economics, will receive the Economic Policy Research Center Young Professionals Program 2024, from EPRC.
Five (5) students of Bachelor of Actuarial Sciences will be awarded by Prudential Assurance Uganda Limited. The awardees will receive one-year apprenticeship at Prudential, USD 500 each and sponsorship for professional Actuarial Certification.
The students are: Muhumuza Mark with a CGPA of 4.44, Kobugabe Michelle Audrey with a CGPA of 4.22, Uwera Ruth Michelle with a CGPA of 4.20, Bunjo Stephen Hugh with a CGPA of 4.18 and Namuddu Anneliz with a CGPA of 4.18. I congratulate all the students upon this great achievement.
In the past two years, Makerere University has come up with measures aimed at making the issuance of academic transcripts and certificates very fast and convenient by shortening the clearance process. In November 2022 the university organized the Public Fair on Transcripts and Certificates during which more than 4,650 certificates and 4,113 transcripts were issued. This year, with the support of the University Council and Senate, the Department of the Academic Registrar, the Directorate of ICT Support Services, and the leadership at the Colleges, the academic transcripts for students graduating during the 74th graduation ceremony were printed before graduation. “The academic transcripts are ready and they are due for issuance to graduands who have satisfied the academic and financial obligations I therefore urge all our graduands to pick their transcripts from their respective colleges,” the VC said.
The Vice Chancellor congratulated all graduands and called on them to Cherish the knowledge and experiences they have received, but remember that learning never ends.
The Makerere University Public Investment Management Centre of Excellence and the Ministry of Finance, Planning and Economic Development (MoFPED) have today 22nd April 2024 started training of public officers in Public Investment Management. The team is undertaking the Economic Appraisal and Stakeholder Analysis module. The training, being held in Mbarara, was opened by Director, Directorate of Research and Graduate Training (DRGT) Prof. Bbaale Edward and Commissioner Ashaba Hannington represented by Ms. Gertrude Aerone Basiima.
Environmental economists and graduate students from Makerere University held a meeting with government officials to identify research and data gaps to address the persistent environmental and natural resources (ENR) challenges in Uganda.
The two-day researchers’ training organized by EfD Uganda was held at Esella Country Hotel in Kampala, on 14th and 15th March 2024,
Local Government (LG) representatives were brought on board to help understand policy research questions in the local government that researchers can leverage to generate evidence to inform policy implementation and improvement in service delivery and environmental protection in general. The District Natural Resources Officer for Wakiso, Rebecca Ssabaganzi, was the lead facilitator.
The national policymakers, on the other hand, presented policy, capacity, research, and data gaps that researchers can focus on to improve their work. Ronald Kaggwa from the National Planning Authority facilitated the training.
Center Director Edward Bbaale said the purpose of the workshop was to identify what natural resources and environmental issues are being pitched in National Development Plan (NDP) IV and how Uganda is transiting from NDP III to NDP IV to inform their research.
“This is a great opportunity for our researchers to have a deeper discussion with the local government and National Planning Authority on critical issues and that the government is focusing on so we can ensure that our research is policy-relevant,” said Edward Bbaale.
He urged the government to reduce taxes on renewable energy as a key tool to encourage the public to drop the use of biomass which has negative effects on the environment and human health.
“Transitioning from the dirty sources of energy to the cleaner sources of energy is a very expensive venture and it requires infrastructure investments. We would like to hear about green financing and what the government is planning to do to raise the money,” he remarked.
From the Local Government presentation, Ms. Rebecca Ssabaganzi focused on the role of Local Government in protection of natural resources, the structures, challenges and capacity gaps for research. Ssabaganzi stressed the need to raise public awareness on the sustainable use of the environment and conservation as an obligation for everyone, the need for mindset change for the public to adopt alternative energy sources and investing in eco-tourism as well as the regulation of building substances and valuation as a basis for revenue assessments and best development use.
She explained that poor management of water, environment, and natural resources coupled with the worsening effects of climate change have resulted in high exposure to hazards and disasters, with limited capacity for climate change adaptation and mitigation, low disaster risk planning and rampant degradation of the environment and natural resources caused by low enforcement capacity.
From the national planning perspective, Ronald Kaggwa highlighted the persistent ENR management challenges inherited from NDPI, II, III to IV.
These include deteriorating state of ENR, enforcement and compliance challenges, limited use of economic incentives and income poverty among the ENR-dependent populations. Kaggwa also reported that there is low value-addition to ENR, excessive reliance on the market prices to make major decisions and challenges on how to balance the benefits and real costs of natural resource conservation.
Kaggwa proposed some thematic areas for research to inform policy. These include reviewing policy, legal, and institutional frameworks for effective ENR governance and management; reviewing the effectiveness and efficiency of the program approach to ENR governance and the likely impacts of the rationalization of ENR institutions on performance;
Other research areas proposed are coordination, regulation, and monitoring of ENR management at LG and national levels, exploring the feasibility of economic instruments for ENR management, and the public good and trans-boundary nature of ENRs and governance challenges.
Key takeaways from the workshop
From the presentations and group discussions, the meeting agreed on key thematic areas for research including valuation of existing resources, appropriate mix of policies, stocktaking of existing data and the role of decentralization in protecting the environment. Other proposed areas are climate financing and transitioning to a low-carbon economy, cost-benefit analysis for an energy transition and climate change and its effects
The meeting also resolved to strengthen collaborations between Makerere University‘s existing projects, government ministries, departments and agencies, development partners and international agencies, financial institutions, and civil society organizations.
EfD-Mak to prepare research proposals and tailored courses
Uganda’s IGE policy engagement specialist Peter Babyenda said the meeting identified the capacity gaps in Local Governments that the center can fill, by preparing tailored courses to address gaps.The courses would entail training Local Government workers in data collection, evaluation of natural resources, stakeholder engagement, mindset change, and feasibility studies
For the researchers, the meeting informed them of where they are needed and their role at a national level.
“We are preparing our research proposals to have multidisciplinary research projects, which means, we need sociologists, accountants, statisticians for data collection, etc. but also, a partnership between academia and policymakers”, Peter Babyenda said.
The center will build on key issues generated from the meeting.
Jane Anyango is the Communication Officer EfD Uganda
Makerere University in collaboration with three partner companies have recognized and awarded best performing business graduates of the 74th graduation who were conferred with bachelors and Masters in January.
The companies including Prudential Uganda, ACCA, and EPRC presented to graduates with cash prizes, mentorship and training opportunities in the companies.
The recognizing and awarding ceremony was held at the School of Business, Makerere University on March 12 from where 12 graduates from the College of Business and Management Sciences (CoBAMS) received their prizes.
While addressing the graduates and their parents, Prof Barnabas Nawangwe, the University Vice Chancellor, congratulated the awardees upon obtaining good degrees.
“It is very difficult to get a good Makerere degree. If you are being honoured you have got a first class, you must count yourself extremely clever and also blessed by God,” Prof Nawangwe said.
The VC said he has struggled to create a conducive learning environment for the students by restoring discipline among the students to connect them to the world.
“We have been trying hard to restore discipline and people didn’t know. So if you go anywhere in the world people know Makerere is a serious university and you will be considered favourably compared to other people.”
Makerere has maintained partnership with companies already thriving in the industry to help students get exposed to the field of their work and also get opportunities through graduate training to gain experience.
Prof Nawangwe has signed several memorandums of understanding over the years with those companies and the relationship have been so helpful especially for self-growth of Makerere products.
“Our partners are in the industry understand it better than we do. When they come and inspire you, they add to what we have done here to encourage you and give you more confidence that you can go out in the world and serve humanity and succeed,” the VC told graduates.
He encouraged students to look out for opportunities across the world.
“We are living in a very competitive world because currently you may find there are around 200,000 students in Uganda with degrees and yet jobs are very scarce.”
He recalled in 1970s, when he was a student at Makerere and they were not more than 2000 people studying at the time and it was a sure deal for all of them to get employed somewhere.
He discouraged graduates against walking on the streets of Kampala looking for jobs and encouraged them to try out international opportunities and self-employment.
“The good thing the population in the rest of the world is going down. It is only in Africa where the population is going up. With the decrease in population, there are many countries where there is a big deficit of skilled workforce.”
Prof Eria Hisali, Principal COBAMS, pledged more support to this year’s academic giants and promised to provide them with all the necessary assistance they may need.
“We have quite a number of initiatives and when we call upon you to participate in some of them, please respond positively. We are still fully available to support you in any way possible,” Prof Hisali said.
The principal lauded the VC for his tireless efforts to partner with different companies through MOUs he signs every now and then.
“For any MOU that comes his way, Prof Nawangwe has been there for us to sign them on behalf of the university,” he said.
Prudential Assurance
The CEO of Prudential Assurance, Mr Tetteh Ayitevie congratulated the graduands saying “your relentless pursuit of knowledge and your unwavering determination have set you apart as the best and brightest in their field.”
Mr. Tetteh revealed that with the support of their Support Scheme, the awardees are not only receiving financial assistance but also mentorship and internship opportunities that will propel them towards success in their future endeavours.
Prudential Uganda rewarded the top five Actuarial Science students with $500 each.
Additionally, through the Prudential Actuarial Support Scheme (PASS), these students will receive scholarships fully covering their professional exam fees.
In total, Prudential Uganda has dedicated one hundred and thirty-five million shillings (UGX 135,000,000) to support the students.
The country Manager of ACCA Uganda, Ms Charlotte Kukunda, said while awarding the best student of Bachelor of Commerce, Mr ………………. And reminded the students of the exception that ACCA granted students of Commerce (Accounting). The students get 9 exceptions at ACCA level.
Ms Fatumah Namubiru from Economic Policy Research Centre (EPRC), congratulated the Sebuliba Jude, upon emerging the best Masters of Economics students and also called on the female students to strive hard to be among the best. Jude received a placement as a research fellow at EPRC and Shs1.5million.
Best students
Jude Sebuliba, the best student in the Masters of Arts in Economics with CGPA of 4.95, said the conducive learning environment created space and time for them to read his books.
“I dedicated much of my time to books, perseverance, God and parents were all part of my journey up to this milestone I have reached today,” Sebuliba said.
His research was about the impact of remittances to inflation in Uganda and his findings revealed that there is a positive impact between inflation and remittances.
“Many people go out but we don’t know the impact of the money they get to our economy.”
The best Master’s student now is eyeing a PhD if any opportunity avails and is currently blessed with a job at the Economic Research Policy Centre of Makerere University where he is employed as a researcher.
Derrick Amanya, Bachelor of Commerce (BCOM) graduate, scored a first class of CGPA 4.54 and attributes excellence to hard work and group discussions.
The research he conducted from Mbarara District was about ‘How sustainability can be adopted in furniture” He looked at ways to make furniture that has metallic components in an effort to reduce deforestation in the country.
“My research found out that if certain components of furniture are used on metallic components, it can reduce on depletion of forests to up to 60 percent,” Amanya’s findings revealed.
The fresh graduate is now enrolled for CPA and he is sitting his first exams in June, thanks to great partners, the ACCCA.
Anneliz Namuddu, B. Sc. Actuarial Science graduate, as well prioritized discussions after believing at University if you are not a part of any discussion group, you cannot understand the concepts.
“I always trusted God in addition to serious attention I gave to books and ensuring that she prepared for her exams in time not waiting for the last minute to panic.
Her research was about factors influencing expenditure among women in rural areas of Uganda. And used secondary data which she converted in to small variables that were convenient for her.
The research findings indicated the expenditure is mostly influenced by the sources of income women are getting and from the kind of family they are in. Is it a single parent home or are they married.
“I thank Prudential for the scholarship they gave me to do the certification that confirms me to be a qualified actuary,” Namuddu said.