Prof. Barnabas Nawangwe (3rd Right) with Left to Right: Prof. Bruno Yawe, Prof. Eria Hisali, Prof. Edward Bbaale, Dr. Joseph Wasswa Matovu and Dr. Willy Kagarura at the celebration.
Staff of the College of Business and Management Sciences (CoBAMS) on September 13th, 2024, gathered for a splendid farewell party to celebrate the distinguished service of former leaders Prof. Eria Hisali and his deputy, Prof. Bruno Yawe, along with several retiring staff members. The joyous event, held in their honor, was graced by the Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe, who led the institution in recognizing the invaluable contributions of the honorees.
During his remarks, Prof. Nawangwe praised the retirees for their remarkable service to Makerere University, acknowledging their pivotal roles in advancing academic excellence and shaping the future of the College. He extended his heartfelt congratulations, highlighting their commitment and dedication to the institution over the years.
Prof. Hisali, who served as Principal of CoBAMS for eight years, expressed gratitude to the university’s management and staff for their unwavering support during his leadership. He reflected on the achievements realized under his tenure, including the establishment of innovative financial mechanisms like the College Endowment Fund, which secured long-term financial sustainability.
His deputy, Prof. Yawe, was equally commended for his steadfast leadership and contributions to the academic growth of the College.
The retiring staff members honored at the event included Dr. Joseph Wasswa Matovu, Dr. Willy Kagarura, Ms. Josephine Apolot Opolot, Ms. Kobusingye Margaret, Ms. Nanfuka Sarah, and Ms. Mwijjage Sauya. Their remarkable contributions to Makerere University were fondly remembered, and each was recognized for their dedication to shaping the institution’s legacy.
Music, Dance, and Celebration
The celebration was marked by merry-making and a lively atmosphere, as the Department of Performing Arts and Film added a special touch to the event. The evening was filled with vibrant performances that brought energy and joy to the gathering. The performers showcased a mix of traditional Ugandan music, modern tunes, and rhythmic dances that set the tone for an unforgettable evening.
As the music flowed, the spirit of celebration spread throughout, with many staff members taking to the dance floor. In a heartwarming display of camaraderie, both academic and administrative staff danced together, creating a beautiful moment of unity and togetherness. The joyous dancing, led by some of the retirees themselves, reflected the deep bonds shared within the College and the appreciation for the many years of collaboration and friendship.
The entertainment also featured performances that paid tribute to the rich cultural heritage of Uganda, which resonated with the audience. The upbeat rhythms and performances from the Department of Performing Arts and Film captivated attendees, turning the farewell event into a festive occasion that honored both the academic achievements and personal connections forged over the years.
According to Prof. Ibrahim Mike Okumu, the Dean of the School of Economics, Dr. Joseph Wasswa Matovu was known not only for his scholarly achievements but also for his humor and intellect. “He was celebrated for his remarkable ability to connect with students and colleagues alike. His wit, especially in the teachings of Political Economy and Public Sector Economics, left a lasting impression on all those who worked with him. Dr. Matovu had a unique talent for transforming academic discussions into memorable experiences,” Prof. Okumu shared.
Similarly, Dr. Willy Kagarura, renowned for establishing the PIM Center of Excellence, was praised for his behind-the-scenes work and mentorship. During his farewell speech, Dr. Kagarura encouraged others to plan for retirement, sharing personal reflections on his own journey and expressing deep gratitude for the recognition of his contributions.
Ms. Josephine Apolot Opolot, the former Human Resources Manager, gave a heartfelt speech, reflecting on the sense of teamwork and community that had defined her career. She thanked her colleagues for their unwavering support and praised the collaborative spirit that fostered success within the College. “It’s the collective effort of dedicated professionals that made our work meaningful and fulfilling,” she shared, resonating deeply with the attendees.
Ms. Mwijjage Sauya also expressed her gratitude, singling out Prof. Hisali for his kindness and generosity during her time at the College.
Looking Forward
As CoBAMS bids farewell to these remarkable individuals, the new leadership, under Principal Dr. Edward Bbaale, has committed to continuing the legacy of excellence established by Prof. Hisali and Prof. Yawe. Dr. Bbaale emphasized the importance of building upon the strong foundation laid by his predecessors, noting that their contributions would inspire future generations of scholars and leaders
The farewell event, with its blend of heartfelt speeches, vibrant entertainment, and spirited dancing, not only marked the end of an era but also celebrated the unity and shared commitment of the CoBAMS community. As the College looks ahead to new opportunities, it does so with a sense of optimism and pride, guided by the legacies of those who served with distinction.
Let us raise our glasses to Prof. Hisali, Prof. Yawe, Ms. Apolot, Dr. Kagarura, Dr. Matovu, and all the retirees. Their contributions will continue to shape the future of Makerere University and the College of Business and Management Sciences for years to come.
The training, held from September 23rd to 26th, 2025 at the College of Business and Management Sciences, aimed at strengthening the capacity of government officials to effectively identify, prepare, and implement public projects.
The closing ceremony was officiated by Ms. Belinda Bisamaza, who represented the Permanent Secretary/Secretary to the Treasury (PS/ST). In her remarks, Ms. Bisamaza commended participants for their commitment, noting that the training had offered a solid foundation in the entire PIM cycle — from project conceptualization and profiling, through monitoring and evaluation (M&E), to the use of the Integrated Bank of Projects (IBP), Environmental and Social Risk Management, and Public-Private Partnerships (PPPs).
“With these skills, you can contribute meaningfully to improving the quality of proposals submitted to the IBP, ensure better risk management, and enhance implementation through robust monitoring frameworks,” she said, adding that participants were now better prepared for advanced modules on financial appraisal, risk analysis, and stakeholder engagement.
Representing the PIM Centre, Prof. Eria Hisali highlighted the need for well-prepared projects that directly contribute to economic growth. “We must move away from the practice of developing projects only when funding is required. Instead, we should create a strong bank of quality projects from which government can easily draw,” he said.
The Manager of the PIM Centre, Dr. John Sseruyange, expressed gratitude to the participants and trainers for their dedication. He noted that the facilitators were drawn from Makerere University, the National Planning Authority (NPA), and the Ministry of Finance, Planning and Economic Development (MoFPED). Dr. Sseruyange also revealed that the Centre would be rolling out further in-depth training modules and creating opportunities for alumni to engage in consultancy and research work. The PIM Centre hosts the training as part of broader efforts by Makerere University, MoFPED, and NPA to strengthen Uganda’s public investment management systems, ensuring value for money, improved service delivery, and sustainable economic development.
Thirty-one government officers from Ministries, Departments, and Agencies (MDAs) have successfully completed a two-week intensive training in the Certificate of Financial Implications (CFI) – Integrated Regulatory Cost-Benefit Analysis. The certification ceremony was held at the Pearl on the Nile Hotel, Jinja, marking another milestone in Uganda’s efforts to institutionalize evidence-based and fiscally responsible policymaking.
The training, delivered by the Makerere University Public Investment Management (PIM) Centre of Excellence in partnership with the Ministry of Finance, Planning and Economic Development (MoFPED), and National Planning Authority equipped participants with practical skills to evaluate policy and legislative proposals for their financial, economic, and social implications.
Mr. Paul Mwanja.
Speaking at the closing ceremony, Mr. Paul Mwanja, Commissioner for Infrastructure & Social Services at MoFPED, who represented the Permanent Secretary, commended the officers for their commitment at a time when government institutions are finalizing the Auditor General’s audits, implementing the FY2025/26 budget, rolling out the National Development Plan IV’s tenfold growth strategy, and preparing for the 2026 General Elections.
“Your participation affirms a collective commitment across Government to strengthen the quality, transparency, and credibility of public policymaking in Uganda,” Mr. Mwanja said. He urged graduates to return to their institutions as champions of reform, share their knowledge with colleagues, and drive the change needed in Public Finance Management. He also announced that the next cohort of the training will take place in January 2026.
Prof. Ibrahim Mike Okumu.
Prof. Ibrahim Mike Okumu, Dean of the School of Economics at Makerere University, delivered the graduation address, highlighting the certificate’s importance in addressing Uganda’s triple challenge of scale, scarcity, and speed.
“This program does something unique. It teaches you not only to ask whether a policy or project is beneficial, but also whether it is affordable and resilient under real fiscal constraints,” Prof. Okumu noted. He challenged graduates to apply their skills at project, portfolio, and policy levels—ensuring value for money and enhancing public trust in government spending.
Participants make a group presentation.
He further emphasized that Uganda’s pioneering approach to integrated CFI-CBA positions the country as a leader in Africa and beyond: “You, Uganda’s first CFI-CBA graduates, are now part of a global brain trust. Your work will speak to investors, parliaments, development partners, and above all, the Ugandan people.”
Dr. John Sseruyange, Manager of the PIM Centre of Excellence, expressed appreciation to participants for their active engagement throughout the training and thanked MoFPED and the faculty drawn from Makerere University, the National Planning Authority, Ministry of Finance, and the Ministry of Energy for their technical support.
Dr. John Sseruyange.
The Certificate of Financial Implications – Integrated Regulatory Cost-Benefit Analysis was introduced following the Revised Guidelines for Financial Clearance, effective July 1, 2025. The guidelines require MDAs to prepare their own financial implications statements, subject to rigorous cost-benefit analysis, thereby strengthening linkages between fiscal responsibility and regulatory impact assessments.
With the successful completion of the second cohort, Uganda is steadily building a critical mass of professionals capable of embedding cost-benefit thinking across government, ensuring every shilling delivers maximum impact for citizens.
A female participant receives her certificate.A male participant receives his certificate.
The Public Investment Management Centre of Excellence (PIM CoE) at Makerere University held its Steering Committee meeting on 4th September 2025 at Mestil Hotel in Kampala. The session, attended by all members, focused on reviewing progress, reflecting on achievements from the past financial year, and charting the way forward for the Centre.
About the PIM Centre of Excellence
The PIM CoE was established in March 2022 at Makerere University’s College of Business and Management Sciences (CoBAMS), in partnership with the Ministry of Finance, Planning and Economic Development (MoFPED). Its purpose is to strengthen Uganda’s public investment management system through training, research, and advisory services.
The Steering Committee plays a critical role in oversight, review, coordination, and advisory functions, guiding the Centre’s work and ensuring that public investment processes align with national development priorities.
Dr. Joseph Muvawala.
Highlights from the Meeting
Speaking at the meeting, Dr. Joseph Muvawala, the Executive Director of the National Planning Authority, praised the October 2024 Annual PIM Conference for expanding perspectives on project design and delivery. He emphasized the importance of shifting from theory to practice in training, advocating for students and officials to engage with real-world projects. He also underscored the Centre’s new autonomy—transitioning from a subvention to a vote—which gives it greater independence but also demands stronger financial accountability. Dr. Muvawala further called for a permanent physical home for the Centre, noting that sufficient resources are available to make this possible and that negotiations with government are underway.
Mr. Ashaba Hannington, Director Budget at MoFPED, shared key achievements from the 2024/25 financial year. He noted that the Annual PIM Conference, organised jointly by MoFPED and the Centre, provided a vital platform for stakeholders to reflect on progress in public investment management.
Steering Committee Members and part of the Secretariat at the meeting.
Mr. Ashaba reaffirmed MoFPED’s commitment to working closely with the Centre to strengthen Uganda’s public investment capacity.
Prof. Eria Hisali (Left) and Mr. Hannington Ashaba (Right).
Prof. Eria Hisali, Co–Principal Investigator of the PIM CoE, outlined strategies to increase the Centre’s vibrancy and impact. He emphasized direct project engagement, advisory services, and peer reviews as ways to bridge the gap between theory and practice. Looking ahead, he revealed plans for a Master’s program in Economic and Investment Modelling, a Training of Trainers (ToT) initiative, and deeper practical capacity-building efforts.
Prof. Hisali also noted several successful trainings from the past year, including:
46 staff from MDAs trained in Essentials of PIM.
59 participants across two cohorts trained in Financial Appraisal and Risk Analysis.
25 participants trained in Economic Appraisal and Stakeholder Analysis.
He proposed the introduction of a “trailer feasibility test” to evaluate whether completed projects deliver benefits as projected and to address optimism bias in project planning.
Dr. John Sseruyange (Centre) with Prof. Tonny Oyana (Left) and Ms. Alice Nakimbugwe (Right).
Dr. John Seruyange, Manager of the PIM CoE, highlighted the Centre’s growing regional footprint. Beyond Uganda, six central government officers from Somalia have been trained in Infrastructure Asset Management, generating further interest in advanced training from Somalia, Zimbabwe, and Somaliland. To position itself as a regional hub, the Centre is preparing a prospectus to market its courses across Africa and beyond.
Why It Matters
The Steering Committee reaffirmed its commitment to ensuring that the PIM CoE remains a leading think tank and capacity-building hub for government and regional partners. By improving the appraisal, financing, and implementation of public projects, the Centre is strengthening accountability, enhancing service delivery, and contributing to Uganda’s broader development goals.