In the heart of Luweero District, a transformative initiative is making waves, empowering rural women with the knowledge and skills needed to achieve financial independence. On July 31, 2024, the Financial Awareness and Literacy Leadership (FAAL) project led by Dr. Hellen Namawejje from the Department of Statistical Methods and Actuarial Sciences held a dissemination event to share its findings and celebrate the success of its efforts. The event brought together a diverse group of stakeholders, including local leaders, community members, and the very women whose lives have been touched by the project.
A Community United
The event was a testament to the power of community and collaboration. Dignitaries such as the District Deputy Mayor Prince Juuko Patrick, the Semuto SACCO Manager, the Community District Officer, and three chairpersons from the study villages were in attendance, alongside over 50 women participants. The atmosphere was one of hope and excitement, as stakeholders gathered to discuss the impact of financial literacy on rural women’s lives.
Prince Juuko Patrick, the District Deputy Mayor, inaugurated the event with a message of gratitude and encouragement. He praised the FAAL project for its dedication to improving financial literacy and urged the attendees to apply the insights gained to better their financial well-being. Other stakeholders echoed his sentiments, highlighting the critical role of financial education in fostering economic independence and community development.
Study Objectives and Key Findings
The primary aim of the FAAL project was to assess the financial awareness and literacy levels among rural women in Luweero District. The study included a comprehensive needs assessment, financial literacy training, and efforts to connect women farmers with various local associations, including healthcare, insurance, agricultural, banking, and women’s associations.
Key Findings:
Financial Literacy Training: The training programs significantly enhanced participants’ abilities to make informed financial decisions regarding budgeting, saving, spending, and investing. This improvement is poised to elevate their standards of living over time.
Financial Education: The study underscored the importance of accessible financial education at all life stages. It also revealed that business ownership and financial influence from family and school are vital in boosting financial literacy among rural women.
Role of Associations: Membership in village savings and loan associations (VSLA) and Savings and Credit Cooperative Organizations (SACCOs) was found to be positively associated with higher financial literacy levels.
Recommendations for the Future
Based on the study’s findings, the FAAL project put forward several key recommendations:
Continuous Training Programs: Implement ongoing financial literacy training to sustain and build upon the skills acquired by the women.
Community-Level Financial Literacy Curriculum: Introduce a structured financial literacy curriculum at the community level to ensure consistent and comprehensive education.
Community Sensitization: Raise awareness about government initiatives related to financial literacy and empowerment to enhance community engagement and participation.
Encourage Family Financial Education: Promote the teaching of financial matters within families to instill good financial habits in children from an early age.
Transformative Impact
The FAAL project highlights the profound impact that financial education can have on rural women, empowering them to achieve greater economic independence. By equipping them with the necessary skills and knowledge, these women are better positioned to support themselves, their families, and their communities.
Speaking on the sidelines of the training, Dr. Namawejje appreciated the support of the Carnegie Corporation of New York through the Future Africa Research Leadership Fellowship (FAR-LeaF) at the University of Pretoria for the support. She appreciated her mentor Prof. Bruno Yawe for his invaluable guidance and support.
Conclusion
The dissemination event in Luweero District was more than just a presentation of findings; it was a celebration of progress and a call to action. The FAAL project serves as a beacon of hope, demonstrating that with the right support and education, rural women can transcend financial barriers and contribute significantly to their communities’ development. As Uganda continues to embrace initiatives like FAAL, the future looks brighter for rural women striving for financial independence and a better quality of life.
On August 6, 2024, the College of Business and Management Sciences (CoBAMS) at Makerere University held an orientation meeting for its first-year students. The event aimed to acquaint the new students with various aspects of university life, including registration, finance, tuition, guidance and counseling, and library services.
The Principal of the College, Prof. Edward Bbaale, delivered an inspiring welcome address, emphasizing the exciting and transformative journey the students were embarking on. He highlighted the college’s commitment to excellence, innovation, and leadership, and encouraged students to engage fully with the academic environment.
“The College of Business and Management Sciences is a dynamic and diverse academic environment. We are dedicated to fostering a culture of intellectual curiosity, critical thinking, and professional development,” Prof. Bbaale said. He also extended a special welcome to students joining the Schools of Economics, Business, and Statistics, each offering rigorous programs to prepare them for success in their chosen fields. Quoting the Bible, he, he reminded the students that this was a season for their undergraduate studies and they ought to use it well.
The School of Economics will teach you to understand the complex mechanisms that drive markets, shape public policy, and impact global economies. While the those joining the School of Business, will immerse themselves in the principles and practices that form the backbone of successful enterprises. He said those joining the School of Statistics, you learn to master the techniques of data collection, analysis, and interpretation.
“You will learn to think critically about economic problems, develop robust analytical skills, and apply them to real-world challenges. Your journey here will be both intellectually stimulating and profoundly rewarding,” Prof. Bbaale said. He also encouraged them to build not only their education but also their spiritual lives.
The Deputy Principal, Prof. James Wokadala, addressed the importance of class attendance, discipline, and hard work. He reminded students that their academic journey required dedication and perseverance.
“Avoid peer pressure practices, always attend lectures physically and also actively be involved in discussion groups,” he said, assuring the students of a conducive environment for them to exploit their potential.
Prof. Wokadala encouraged them to avoid getting any retake which could disadvantage their chances of getting good jobs in the future
He assured them of the college’s commitment to promote students centered teaching and discussions both academic and non-academic.
He said students’ voices and concerns will be articulated in various fora including academic boards, administrative board meetings and students’ associations, where they shall be represented in these boards meetings.
The college bursar provided essential information on tuition payment procedures, ensuring students understood the financial commitments, timelines and processes involved. Meanwhile, the registrar guided students on registration and enrollment on the university’s online system, emphasizing the importance of timely and accurate registration.
A crucial part of the orientation was the session with the university counselor, who spoke on responsible dating, the importance of avoiding unprotected sex, and effective stress management techniques. This advice aimed to help students navigate personal challenges while maintaining their academic focus.
The orientation meeting provided a comprehensive introduction to university life, ensuring that the new students were well-prepared to start their academic journey at Makerere University. The College of Business and Management Sciences looks forward to seeing its students thrive and make significant contributions to their fields and communities.
EfD Uganda has celebrated the graduation of its third cohort of the Inclusive Green Economy (IGE) Capacity Building Program. The event, held at the Sheraton Hotel in Kampala, also included a discussion on promoting clean cooking in rural areas of Uganda. The function brought together IGE Fellows, representatives from various ministries and agencies, academia, the private sector, civil society organizations, and charcoal traders.
The ceremony held on August 7, 2024 was graced by the Swedish Ambassador to Uganda, Maria Hakansson, Minister of State for Energy Hon. Okaasai Opolot Sidronius, and Makerere University Vice Chancellor Prof. Barnabas Nawangwe.
The Inclusive Green Economy (IGE) in Practice Program is a capacity development initiative for senior civil servants and policymakers in Eastern Africa. It aims to increase the knowledge and use of economic policy instruments to achieve a just green transition. The program, financed by the Swedish International Development Cooperation Agency (Sida) and implemented by the Environment for Development Initiative (EfD) at the University of Gothenburg, collaborates closely with EfD centers and partners in Ethiopia, Kenya, Rwanda, South Africa, Tanzania, and Uganda at Makerere University. Since its inception, 25 senior policymakers, including some at the director level, have been trained.
Prof. Edward Bbaale, the IGE Country Lead Uganda and Director of EfD Uganda, explained that the program includes several activities aimed at creating impacts at various levels including high-level dialogues, professional in-service training, Training of Trainers programs, co-creation of solutions for IGE Transformation Initiatives, cross-country learning workshops, initiation and promotion of an IGE community of practice, and the development and maintenance of a digital learning platform.
At the event, six IGE Fellows graduated from the program, including Eng. Ssekitoleko Simon Peter, Assistant Commissioner, Ministry of Energy and Mineral Development; Tony Joshua Mwesigwa, Economist, Ministry of Energy and Mineral Development; Mr. Kandwanaho Jonan, Senior Planner, Chemical Industry, National Planning Authority; Kebirungi Elizabeth, Planner, Natural Resources and Environment, National Planning Authority; Mr. Paul Byamugisha, Senior Climate Finance Officer, Ministry of Finance, Planning, and Economic Development; and Ms. Flavia Namagembe, Climate Finance Officer, Ministry of Finance, Planning, and Economic Development. The support team included Prof. Edward Bbaale, Dr. John Sseruyange, Dr. Nicholas Kilimani, and Dr. Peter Babyenda.
“The program will continue until 2027, having received a renewal for five years starting in 2023. For 2024, we will still focus on energy, specifically looking at energy efficiency and emissions reduction, concentrating on promoting the uptake of electric vehicles in Uganda’s transport sector,” Prof. Bbaale reported.
The 2024 IGE Fellows were also introduced. They will undergo a one-year training course, engaging in various activities including both physical and online lectures co-delivered with policymakers and university faculty. They include Lucy Atek, Economist, Ministry of Energy and Mineral Development; Charles Ocen, Engineer, Ministry of Water and Environment; Doreen Ankunda, Climate Finance Officer, Ministry of Finance, Planning, and Economic Development; Lucky Nabwire, Economist, Kampala Capital City Authority; and Vincent Operimo, Manager, Strategic Planning, National Planning Authority.
“The current group we are celebrating today focused on increasing the uptake of clean cooking in rural areas as their Transformation Initiative. The objectives were to create awareness about transitioning from biomass dependence to cleaner energy sources and to establish factors that can increase the uptake of cleaner energy sources such as LPG, electricity, and biogas,” Prof. Bbaale said.
This initiative included dialogues, a national stakeholders’ workshop, policy briefs, focus group discussions, and awareness-raising campaigns through social media, print media, and TV. It also contributed to developing the National Climate Finance Strategy 2023/24 – 2029/30, guidelines to mainstream climate change in Uganda’s financial sector, the fiscal framework for carbon markets, national green taxonomy, and a just transition framework.
Prof. Bbaale highlighted key lessons from cross-country learning, such as the importance of developing local solutions for local problems, making alternative fuels more accessible, and conducting effective awareness campaigns. He emphasized the need for targeted training programs to empower rural residents with knowledge and skills related to clean energy adoption.
Energy Minister Calls on Makerere University to Lead in Localizing Energy Technology and Human Resource Development
In his opening remarks, Minister of State for Energy, Hon. Okaasai Opolot Sidronius, urged Makerere University to collaborate in localizing and developing technology, laboratories, and human resources for energy systems.
Hon. Opolot expressed his frustration with Uganda’s dependence on foreign consultancies and emphasized the importance of building local capacity. He shared his experiences from visiting advanced energy labs in the United States, highlighting the need for Uganda to develop similar facilities and expertise. “We need to stop relying on foreign experts and start developing our own technologies and human resources. If the Americans can do it, why can’t we?” he said.
The Minister outlined Uganda’s efforts in developing its nuclear energy capacity, including signing multiple MoUs with countries like Russia, China, and Korea, and identifying potential sites for nuclear plants and training centers. He stressed the necessity of developing human resources locally, stating, “We must focus on building our own capacity to train thousands of scientists and technicians. Sending them abroad is not sustainable.”
Minister Opolot called on Makerere University to lead these efforts by establishing energy laboratories and training programs. “Makerere University should be at the forefront of localizing technology, establishing laboratories, and training personnel in energy systems,” he said. He also highlighted the importance of research and collaboration with other universities to transform Uganda’s energy sector.
Prof. Barnabas Nawangwe Pledges Makerere University‘s Support to Government Initiatives
In his opening and welcome remarks, Makerere University’s Vice Chancellor Prof. Barnabas Nawangwe expressed gratitude to the Minister for making time to attend the event, indicating the Minister’s appreciation of the university’s collaborative efforts with the government. Prof. Nawangwe emphasized that Makerere University, being a large institution with substantial resources, is underutilized by the government. He pointed out that the government spends significant funds on foreign consultancy for tasks that could be efficiently handled by the university’s lecturers and students.
Prof. Nawangwe highlighted Makerere University‘s commitment to supporting government programs, stating, “We are here for you. We are a government institution, and the people of Uganda have invested heavily in Makerere University, so we must reap from that investment.” He assured the Minister that the university is available to support government initiatives and emphasized that the funds provided for research and innovations should be used to address the government’s development challenges.
He specifically mentioned the university’s capability to conduct mineral testing, which could prevent the need to send samples abroad, thereby saving costs. Prof. Nawangwe expressed excitement about the invitation to collaborate and pledged Makerere University‘s full support for government programs. He also congratulated the Ministry of Energy on its successes, particularly the commissioning of the West Nile plant, which he described as a game-changer for the country’s energy sector.
Prof. Nawangwe acknowledged the importance of the Inclusive Green Economy (IGE) Capacity Building Program, highlighting that the issues addressed by the fellows are crucial for Uganda’s future. He recounted his childhood experience of passing through a green forest while studying in his village home , contrasting it with the current state of deforestation and urban slums. He stressed the urgency of addressing environmental issues as the population continues to grow, predicting severe consequences if action is not taken.
He commended the government for its active involvement in the IGE program and its collaboration with Makerere University through various initiatives, such as the Climate Resilient Infrastructure Development Facility (CRIC). Prof. Nawangwe congratulated the graduating fellows for their year-long engagement and encouraged incoming participants to take the training seriously, emphasizing that it would empower them and enhance their professional capabilities.
Swedish Ambassador Emphasizes the Importance of Universal Access to Sustainable Energy
Closing the event, Swedish Ambassador to Uganda, Maria Håkansson, highlighted the critical role of universal access to affordable, reliable, and sustainable energy in achieving the Sustainable Development Goals (SDGs). She stressed that energy is essential for economic growth and the provision of social and public services.
Ambassador Håkansson noted Sweden’s ambitious goal to become the world’s first fossil-free welfare state by 2045, aiming for net zero emissions. “We strongly believe this is important for us to keep the planet and life safe,” she said. This transformation requires a profound shift in systems and technology to ensure cleaner air, better urban environments, and safer energy supplies. Sweden has successfully decoupled carbon dioxide emissions from GDP growth since 1997, thanks to a significant reliance on renewable energy, without compromising public welfare or prosperity.
Sweden’s partnership with Uganda in promoting energy access and efficiency is strong. In 2019, the ambassador said, a Memorandum of Understanding was signed with the Ugandan government for energy sector cooperation, which has been extended. Various capacity-building programs have trained energy sector staff in renewable energy and energy efficiency. A partnership with SNV, Makerere University, and the Private Sector Foundation Uganda, supported by Sweden with USD 8.8 million, aims to engage the private sector in designing impactful energy efficiency solutions.
Sweden also reported that supports the Power Africa initiative to double electricity access in sub-Saharan Africa and collaborates with UEGCL and Swedfund on a feasibility study for floating solar panels on water reservoirs. This project aims to enhance the electricity generation capacity of Ugandan hydro power dams.
Additionally, Sweden’s support for the UNCDF Renewable Energy Challenge Fund has resulted in the avoidance of approximately 1,514,787 tons of carbon dioxide emissions through clean cooking initiatives. “The use of effective and clean cooking solutions has clear positive impacts on the daily lives of not least women and children by reducing indoor air pollution and easing the workload of collecting firewood,” Håkansson explained. “At the same time, it reduces deforestation and soil degradation.”
The Inclusive Green Economy (IGE) in Practice program, funded by the Swedish Development Cooperation and conducted in collaboration with Makerere University, focuses on sustainable energy transitions, particularly promoting clean cooking solutions. These solutions according to the ambassador have significant positive impacts, such as reducing indoor air pollution, easing the workload of collecting firewood, and mitigating deforestation and soil degradation.
Ambassador Håkansson concluded by commending the IGE Fellows for their efforts to raise awareness and increase the uptake of cleaner energy sources, congratulating them on their graduation from the program. “Let me conclude by commending the IGE Fellows for their work to raise awareness and increase the uptake of cleaner energy sources as well as congratulate them as they today graduate from the program,” she said.
Jane Anyango is the Communication Officer EfD Uganda
In a bid to provide valuable career guidance and insights into higher education opportunities, the College of Business and Management Sciences (CoBAMS) hosted a group of Senior 6 students from Mbogo High School. The event, which focused on career pathways and university application processes, brought together academic leaders from various departments within the College to interact with the eager students.
The meeting commenced with a warm welcome from the Dr. Peninah Agaba, from the Department of Population Studies, who emphasized the importance of making informed decision about the University, particularly with in COBAMS, which houses three distinguished Schools; the school of Business, the School of Economics, and the School of Statistics and Planning.
Each School with in COBAMS has a variety of specialized departments;
School of Business; Department of Marketing and Management, Department of Accounting and Finance.
School of Economics; Department of Economic Theory and Analysis, Department of Policy and Development Economics.
School of Statistics and Planning; Department of Planning and Applied Statistics, Department of Population studies, Department of Statistical Methods and Actuarial Science.
Leaders from each school took turns to speak, elaborating on the unique courses available within their departments and the career prospects associated with each field. They provided detailed explanations on how students can apply for these courses, highlighting the various professional opportunities that come with a degree from COBAMS.
During the interactive session, students were encouraged to ask questions. One of the pertinent queries was whether the programs offered are considered professional courses or flat courses. In response, the school leaders assured the students that COBAMS provides a blend of both practical and theoretical knowledge, equipping graduates with skills that are highly valued in the job market. They emphasized that the courses are designed to meet professional standards and prepare students for a wide range of careers in business, economics, and statistics.
The visit not only provided the students with crucial information but also inspired many to consider pursuing their higher education at the College of Business and Management Sciences.