The Department of Economic Theory and Analysis at Makerere University witnessed a significant transition as Dr. Joweria Teera handed over the reins to Dr. Faisal Buyinza. This ceremonial handover, held in the university’s Faculty of Economics, marked a new chapter in the department’s journey while celebrating the achievements and contributions of Dr. Teera during her tenure.
A Legacy of Excellence and Innovation
Dr. Teera, who has served as the head of the department for the past eight years, is recognized for her transformative leadership and dedication to academic excellence. Under her guidance, the department has seen substantial growth in research output, student engagement, and partnerships with external organizations. She spearheaded initiatives that modernized the curriculum, integrating innovative teaching methods and focusing on real-world economic challenges.
In her parting remarks, Dr. Teera expressed gratitude to her colleagues and students for their support throughout her tenure. “It has been an honor to lead this department, and I am proud of what we have accomplished together,” she said. “I am confident that Dr. Buyinza will continue to drive our mission forward, bringing fresh perspectives and energy to the role.”
A Vision for the Future
Dr. Buyinza, who has an extensive background in economic analysis and research, is no stranger to the department. He has served as a senior lecturer and has been instrumental in guiding graduate students through complex research projects. His appointment as head of the department brings new enthusiasm and a vision for continued growth.
In his acceptance speech, Dr. Buyinza outlined his plans for the department, focusing on strengthening interdisciplinary research and enhancing collaborations with industry stakeholders. “I am excited to build on the strong foundation laid by Dr. Teera,” he stated. “Together, we will work towards creating a more dynamic and impactful department, one that contributes meaningfully to the field of economics and to Uganda’s development.”
Celebrating Collaboration and Teamwork
The handover ceremony was attended by faculty members, and representatives from the university administration. Dean of the School of Economics, Prof. Ibrahim Mike Okumu, praised Dr. Teera for her leadership and welcomed Dr. Buyinza to his new role. “Dr. Teera’s leadership has been invaluable, and we are grateful for her contributions,” he said. “We also look forward to working with Dr. Buyinza as he takes on this important position.”
As Dr. Buyinza steps into his new role, the Department of Economic Theory and Analysis at Makerere University is poised for a vibrant future, with a strong focus on fostering economic understanding and contributing to the broader academic and economic landscape.
Arising from an existing Memorandum of Understanding (September 2021) between University of Padova, Italy (UniPd) and Makerere University (Mak), the two institutions partnered and were jointly granted funding for the Erasmus+ KA171 international credit mobility for students and staff, 2024-2027. At Mak, the Departmental Flow Coordinator is Felix Wamono (PhD) and the project Principal Investigator is Saint Kizito Omala (PhD), both of Department of Statistical Methods and Actuarial Science (DSMAS).
In this regard, the Department of Statistical Methods and Actuarial Science wishes to announce opportunities for students and staff credit mobility to the Department of Statistical Sciences, University of Padova, Italy for the Winter Semester, October 2025 – February 2026.
The selection process shall entail five-steps:
Step 1: Submission of documents by candidates for nomination, with an internal deadline of April 21st, 2025, 05.00 p.m. (EAT) to allow for time to process nomination applications; Step 2: Nomination of candidates who would have applied for nomination; Step 3: Submitting the list of nominated candidates, by April 28th, 2025, to the International Projects and Mobility Office of the University of Padua, Italy; Step 4: Eligibility check and communication to successful candidates by the International Projects and Mobility Office of the University of Padua, Italy; and Step 5: Application for the Mobility opportunity by successful candidates.
Inquiry
Reach out to Dr. F. Wamono on +256 772 467206 Dr. S.K. Omala via +256 772 491545 before April 21st, 2025.
A two-week intensive training in Financial Appraisal and Risk Analysis for government officers across Ministries, Departments, and Agencies (MDAs) concluded today April 11, 2025 at the Pearl on the Nile Hotel in Jinja. The training, delivered under the Programme on Financial Appraisal and Risk Analysis (PIAR) and spearheaded by the Public Investment Management Centre of Excellence (PIM CoE) at Makerere University, sought to bridge long-standing capacity gaps in the preparation, appraisal, and review of public sector projects.
The event was officially closed by Dr. Hennery Ssebukeera, representing the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance, Planning and Economic Development (MoFPED). Dr. Ssebukeera highlighted that the training was designed in response to a comprehensive needs assessment, which revealed persistent gaps in government officers’ abilities to carry out cost-benefit and cost-effectiveness analyses, and to prepare or assess pre-feasibility and feasibility studies.
One of the participants receives a certificate from Dr. Hennery Ssebukeera who represented the PSST, as Ms. Esther Ayebare, Assistant Commissioner PAP and Prof. Eria Hisali Look on.
“Many government projects have not been properly appraised due to limited internal capacity,” Dr. Ssebukeera stated. “Too often, we rely on external consultants to prepare feasibility studies, yet our officers are not adequately equipped to interrogate or validate those studies.” He expressed confidence that participants now possess practical skills to analyze topics such as risk analysis, financial modelling, discount rates, project finance, and consumer surplus. “You are now in a position to not only prepare but also critically evaluate complex project documentation,” he added.
Ms. Esther Ayebare, Acting Assistant Commissioner in the Public Investment Management Department at MoFPED, acknowledged the participants’ dedication and active engagement. “As the unit that hosts the Development Committee, we are pleased that this training has added critical skills to help you prepare and submit viable public projects,” she said, calling on the participants to be part of building a sustainable pipeline of investment-ready projects.
Participants attending the training.
In his remarks, Dr. John Sseruyange, Manager of the PIM CoE, emphasized that this training is only the beginning. “While we’ve now completed the financial appraisal component, the next step is Economic Appraisal and Stakeholder Analysis—where we evaluate a project’s broader impact on society and the economy,” he said. He also extended appreciation to the Government of Uganda, particularly MoFPED, for funding the training, as well as to Ms. Esther Ayebare and other facilitators for their unwavering commitment.
Prof. Eria Hisali, who represented the Principal of the College of Business and Management Sciences, praised the participants for navigating what would typically be a semester-long course within just two weeks. “This is a practical, work-oriented training. The knowledge you’ve gained here should be applicable immediately,” he said. He further invited the graduates to attend the upcoming Public Investment Management Conference in August 2025 to share their experiences and provide feedback.
Participants attending the training.
Participants also expressed their gratitude. One quoted the Quran, saying, “Whoever gives you knowledge has given you everything,” in appreciation of the facilitators and the opportunity to learn.
The PIAR program, jointly implemented by Makerere University, MoFPED, the National Planning Authority (NPA), and Cambridge Resources International (CRI), includes two modules: the just-completed Financial Appraisal and Risk Analysis, and the upcoming Economic Appraisal and Stakeholder Analysis. As Uganda continues to push for better value from public investments, trainings like this are building a critical mass of experts who will ensure that every shilling invested delivers real impact.
The Public Investment Management Centre of Excellence (PIM CoE) at Makerere University has resumed its in-depth training program for government officials in Financial Appraisal and Risk Analysis. The two-week training, held in Jinja, brings together public officers from various Ministries, Departments, and Agencies (MDAs) across Uganda.
The training was officially opened by Ms. Esther Ayebare, who represented the Permanent Secretary and Secretary to the Treasury (PSST) at the Ministry of Finance, Planning and Economic Development (MoFPED). She emphasized the Ministry’s commitment to strengthening public sector capacity under the Public Investment Management System (PIMS) framework.
Ms. Ayebare underscored the importance of the training in building the technical capacity required for sound investment decision-making. “This training will empower you to make informed decisions, assess financial viability, and identify risks that could impact investment outcomes,” she noted.
Professor Edward Bbaale, Principal Investigator of the PIM CoE, he expressed appreciation to MoFPED for its financial support and strategic collaboration in organizing the training and nominating participants. “Your continued support is instrumental in enhancing the skills and capacity of government workers in Public Investment Management,” he said. He further acknowledged the role of Vice Chancellors, Permanent Secretaries, and CAOs in nominating participants and reaffirmed Makerere’s commitment to delivering transformative learning through a blend of theory and hands-on project appraisal.
Participants in the training will engage with real-world projects in sectors such as roads, health, energy, and education. Upon successful completion, they will receive a prestigious tripartite certificate from Makerere University, MoFPED, and Queen’s University in Canada. The training features facilitators from Cambridge Resources International, the International Growth Centre, the National Planning Authority, and MoFPED, offering a curriculum rooted in global best practices.
Participants were encouraged to not only apply the knowledge in their respective roles but also to mentor colleagues, thereby broadening the reach and impact of the program.
The PIM CoE continues to play a pivotal role in shaping Uganda’s public investment landscape through research, advisory services, and outreach. Recent milestones include the revision of the Development Committee guidelines and the convening of a national PIM conference in October 2024.
With the resumption of this training, Uganda takes yet another step toward fostering a skilled public sector capable of steering high-impact investments for sustainable national development.