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Prudential, ACCA, EPRC award best CoBAMS students

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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.”

Prof. Barnabas Nawangwe addresses the graduates, their parents and guests. Prudential Assurance, ACCA Uganda and EPRC award ceremony for best performing business graduates, 12th March 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

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.

A group photo at the end of the award ceremony. Prudential Assurance, ACCA Uganda and EPRC award ceremony for best performing business graduates, 12th March 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

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.

Prof. Barnabas Nawangwe presents the EPRC Award to Mr. Sebuliba Jude as Prof. Eria Hisali and Ms. Fatumah Namubiru witness. Prudential Assurance, ACCA Uganda and EPRC award ceremony for best performing business graduates, 12th March 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

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.

Mr Tetteh Ayitevie addresses the graduates, their parents and guests. Prudential Assurance, ACCA Uganda and EPRC award ceremony for best performing business graduates, 12th March 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

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.

Prof. Barnabas Nawangwe, Prof. Eria Hisali and Mr Tetteh Ayitevie join the top five Actuarial Science students as they pose with a dummy cheque of UGX 135 million from the Prudential Actuarial Support Scheme (PASS) towards scholarships fully covering their professional exam fees. Prudential Assurance, ACCA Uganda and EPRC award ceremony for best performing business graduates, 12th March 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

“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.

Ms. Charlotte Kukunda presents the ACCA Award to Mr. Prosper Lwamasaka as his parents, Prof. Barnabas Nawangwe, Prof. Eria Hisali and Dr. Eric Nzibonera witness. Prudential Assurance, ACCA Uganda and EPRC award ceremony for best performing business graduates, 12th March 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

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.

The best students B.sc Actuarial Science

  1.  Muhumuza Mark
  2. Kobugabe Michelle Audrey
  3. Uwera Ruth Michelle
  4. Bunjo Steven Hugh
  5. Namuddu Anneliz

Best students Bachelor of Commerce

  1. Lwamasaka Prosper
  2. Nanfuka Sheebah
  3. Amanya Derrick
  4. Birungi Mercy Olivia
  5. Kaganzi Devis
  6. Namubiru Phionak Rebecca

Best Master of Economics

  1. Sebuliba Jude

Business & Management

Public Investment Management Centre of Excellence awards certificates to 30 Officials

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Dr. Peter Babyenda (Front Row Right) and Dr. Willy Kagarura (2nd Row 2nd from right) pose for a group photo with participants. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala, five-day training workshop for public officers from various government agencies and universities, 1st-5th July 2024, Jinja, Uganda, East Africa.

The Public Investment Management Centre of Excellence at the College of Business and Management Sciences, has successfully concluded a five-day training workshop for public officers from various government agencies and universities. The training, held in Jinja, was attended by 30 participants who received certificates of completion at a closing ceremony on July 5, 2024. The event was graced by the Principal of the College of Business and Management Sciences, Makerere University, who delivered closing remarks and awarded the certificates.

In his closing address, the Principal expressed deep gratitude and pride, thanking the Ministry of Finance, Planning, and Economic Development (MoFPED) for their generous financial support, which made the training possible. He highlighted the Ministry’s crucial role in identifying and nominating participants from various government bodies, emphasizing the importance of professional development in improving public investment efficiency and effectiveness.

Prof. Edward Bbaale (Right) presents a certificate to one of the male participants. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala, five-day training workshop for public officers from various government agencies and universities, 1st-5th July 2024, Jinja, Uganda, East Africa.

The Principal also extended special thanks to the Permanent Secretaries, Vice Chancellors, and Executive Directors of the participating institutions for recognizing the significance of the training and nominating their staff to attend. He commended the dedication of the faculty members from Makerere University, MoFPED, and the National Planning Authority for their expertise and time, which ensured a fruitful learning experience for the participants.

Addressing the participants, the Principal lauded their commitment and resilience throughout the week-long training. He noted that the program equipped them with essential skills and knowledge in Public Investment Management (PIM), including project preparation, execution, procurement, Public-Private Partnerships (PPP), monitoring and evaluation, and integrating climate change, social, and environmental risk management in project preparation.

Prof. Edward Bbaale (Right) presents a certificate to one of the male participants. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala, five-day training workshop for public officers from various government agencies and universities, 1st-5th July 2024, Jinja, Uganda, East Africa.

He encouraged the participants to view this training as the first step in their journey to becoming experts in PIM, emphasizing the importance of continuing education through advanced modules in Financial and Economic appraisal of projects. The advanced training, conducted in collaboration with Cambridge Resources International (CRI) and Queens University in Canada, offers a tripartite certificate from Makerere University, MoFPED, and Queens University.

In his remarks, the Principal highlighted the broader scope of the Public Investment Management Centre of Excellence, which extends beyond training to include research, outreach activities, and advisory services to the government. He announced the Centre’s ongoing efforts to revise the Development Committee guidelines for MoFPED and assess the performance of projects selected since the first National Development Plan (NDP I). Additionally, he proposed organizing a one-day Public Investment Management Conference in October 2024 to evaluate the current state of public investments in Uganda and develop future strategies.

Prof. Edward Bbaale (Right) presents a certificate to one of the female participants. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala, five-day training workshop for public officers from various government agencies and universities, 1st-5th July 2024, Jinja, Uganda, East Africa.

The Principal concluded by congratulating the participants on their achievement and expressing confidence in their ability to effect positive change in the management of public investments in Uganda. He acknowledged the invaluable support of the faculty, mentors, and coaches, as well as the excellent work of the PIM CoE Secretariat, headed by Dr. Willy Kagarura.

As the training workshop came to a close, the participants left with a sense of accomplishment and a renewed commitment to enhancing public investment management practices in Uganda, contributing to the country’s economic development and prosperity.

Prof. Edward Bbaale (Right) presents a certificate to one of the male participants. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala, five-day training workshop for public officers from various government agencies and universities, 1st-5th July 2024, Jinja, Uganda, East Africa.

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2,000 Ugandan Households to Participate in FamiLEA Project

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Prof. Edward Bbaale, Principal of the College of Business and Management Sciences (Seated 2nd Right) and Dr. Stephen Wandera, the Principal Investigator (Standing Rear Right) and other partners at the training on 1st July 2024. School of Statistics and Planning, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, Remaking of the Family in East Africa (FAMILEA) training for Research Assistants, 1st July 2024, Kabira Country Club, Kampala Uganda.

Scholars from Makerere University, in partnership with researchers from Europe, have launched the Remaking of the Family in East Africa (FamiLEA) project, focusing on 2000 households in the Kampala Metropolitan Area. This 3-year research initiative, which began on July 1st, includes households in Kampala, Wakiso, and Mukono Districts and will continue until mid-2027.

The FamiLEA project examines families and the factors influencing changes in family structures. This research responds to the rapid and significant changes in family dynamics across Africa, including innovative kinship practices.

Dr. Stephen Wandera (Left) with participants at the training. School of Statistics and Planning, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, Remaking of the Family in East Africa (FAMILEA) training for Research Assistants, 1st July 2024, Kabira Country Club, Kampala Uganda.

Dr. Stephen Wandera, the Principal Investigator (PI) from Makerere University, stated that enumerators will conduct door-to-door data collection using structured questionnaires. “Our enumerators are students from Makerere University’s Population Studies program, both undergraduate and postgraduate. We expect them to gain valuable field experience and provide validated results,” Dr. Wandera explained during the training.

The study focuses on household changes such as marriage, divorce, intermediate relationships, and networks to understand the reasons behind family changes in East Africa. Following data analysis, dissemination meetings will be held with stakeholders, including government ministries, departments, and agencies.

Participants pose for a group photo. School of Statistics and Planning, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, Remaking of the Family in East Africa (FAMILEA) training for Research Assistants, 1st July 2024, Kabira Country Club, Kampala Uganda.

Earlier this year, a stakeholders’ meeting in Kampala included representatives from the Ministry of Gender, Labour, and Social Development and the Uganda Bureau of Statistics. Researchers will submit reports to policymakers and prepare policy briefs to support informed policy-making and programming.

Yonatan N. Gez, Co-Principal Investigator from ISCTE University Institute of Lisbon, Portugal, highlighted that the FamiLEA project is being conducted in both Kenya and Uganda, funded by the Swiss National Science Foundation. This interdisciplinary project involves scholars from demography, anthropology, political science, geography, and history, collaborating with universities from Switzerland, France, Kenya, Canada, and Portugal, with Makerere University as the key collaborator.

Participants pose for a group photo. School of Statistics and Planning, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, Remaking of the Family in East Africa (FAMILEA) training for Research Assistants, 1st July 2024, Kabira Country Club, Kampala Uganda.

Gez noted, “We will conduct extensive surveys using both qualitative and quantitative methods in Nairobi and Kampala. Given the project’s focus on family structures and their transformation, religious and cultural leaders will play a key role in the study.”

The survey will include parents and guardians from 2000 randomly selected households, targeting individuals aged 18 to 64. The questionnaires will cover topics such as intermediate networks, emotional connections, and the impact of these factors on family changes.

 Prof. Bbaale, the Principal of CoBAMS shares a light moment with Dr. Stephen Wandera the PI of the project. School of Statistics and Planning, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, Remaking of the Family in East Africa (FAMILEA) training for Research Assistants, 1st July 2024, Kabira Country Club, Kampala Uganda.
Prof. Bbaale, the Principal of CoBAMS shares a light moment with Dr. Stephen Wandera the PI of the project.

Prof. Edward Bbaale, Principal of the College of Business and Management Sciences (CoBAMS), officiated the training. He emphasized the alignment of this research with Makerere University’s strategic direction of being a research-led institution. “This research is within our university’s strategic direction, and I congratulate all the principal investigators for securing the grant,” Prof. Bbaale said.

Prof. Bbaale also highlighted the importance of international collaboration in research, encouraging scholars to pursue similar research projects. He advised enumerators to exercise patience, intelligence, and care in the field to ensure high-quality research findings.

On behalf of the university, he thanked the African Population and Health Research Centre for their collaboration with Makerere University. “Engage with line ministries and the private sector to ensure the implementation of the research project’s recommendations,” Prof. Bbaale urged researchers.

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Public Investment Management Centre of Excellence at Makerere University Trains Over 30 Public Officers

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Prof. Edward Bbaale (Centre in suit) with Participants at the launch of the training. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa five-day intensive training program for over 30 public officers from various government agencies, Jinja, 1st-5th July 2024.

The Public Investment Management Centre of Excellence at Makerere University has launched a five-day intensive training program for over 30 public officers from various government agencies. This significant event is being held in Jinja, aimed at enhancing the skills and knowledge of public officers in effective investment management.

The training program was officially opened on July 1, 2024 by the Principal of the College of Business and Management Sciences, Makerere University, under which the Centre of Excellence operates. In his opening remarks, the Principal emphasized the importance of building capacity within public institutions to ensure efficient and effective management of public investments.

Prof. Edward Bbaale (Right) officially opens the training. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa five-day intensive training program for over 30 public officers from various government agencies, Jinja, 1st-5th July 2024.

“We are committed to equipping our public officers with the necessary skills and knowledge to manage public investments efficiently. This training is a testament to our dedication to excellence in public service,” stated the Principal.

The opening ceremony was also attended by Ms. Getrude Basiima from the Ministry of Finance, Planning and Economic Development, the funding agency for this training program. Ms. Basiima highlighted the Ministry’s commitment to supporting capacity-building initiatives that contribute to the country’s economic development.

Ms. Getrude Basiima from the Ministry of Finance, Planning and Economic Development, the funding agency for this training program. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa five-day intensive training program for over 30 public officers from various government agencies, Jinja, 1st-5th July 2024.

“The Ministry of Finance, Planning and Economic Development is proud to support this initiative. We believe that investing in the professional development of our public officers is crucial for the sustainable growth of our nation’s economy,” Ms. Basiima remarked.

Proper Public Investment Management (PIM) is critical for ensuring that government resources are used effectively to achieve development goals. It involves rigorous planning, allocation, and monitoring of public funds to maximize socio-economic benefits and minimize wastage. Effective PIM leads to improved infrastructure, better public services, and enhanced economic growth, ultimately contributing to the overall well-being of citizens.

Some of the participants taking part in the five-day training. Public Investment Management Centre of Excellence (PIM CoE), College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa five-day intensive training program for over 30 public officers from various government agencies, Jinja, 1st-5th July 2024.

Throughout the five-day training, participants will engage in a series of interactive sessions and practical exercises designed to enhance their competencies in public investment management. The training covers various topics, project proposal writing including project planning, financial analysis, risk management, and performance evaluation.

This initiative by the Public Investment Management Centre of Excellence at Makerere University underscores the institution’s role as a leader in fostering professional development and enhancing the capacity of public sector professionals in Uganda.

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