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PIM Centre Launches Financial & Risk Analysis Training for Economists

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The Public Investments Management Centre of Excellence officially launched a two-week training program focused on Financial and Risk Analysis of Public Investments today September 23, 2024. Approximately 30 economists from various Ministries, Departments, and Agencies (MDAs) are participating in this intensive training, which aims to enhance their skills in public investment management.

The training kicked off with an opening ceremony led by Prof. Ibrahim Mike Okumu, the Dean of the School of Economics at Makerere University. Prof. Okumu expressed gratitude to the Government of Uganda for its generous funding that has made this centre possible. He also acknowledged the dedicated trainers, who bring expertise from Makerere University, the National Planning Authority, the Ministry of Finance, Planning and Economic Development, and Cambridge Resources International.

“This training is not just an opportunity for professional development; it is a crucial step towards ensuring effective management of public investments in Uganda,” Prof. Okumu stated. “The knowledge gained here will have a lasting impact on our nation’s long term economic landscape.” This is because this training enables us to grow a critical mass of planners who have a potential to appraise projects so that we limit bad public projects and increase public project efficiency by increasing the link between public projects and the economy.

Dr. John Seruyange, the Centre Manager, welcomed the trainees and praised their commitment to this capacity-building initiative. “Your presence here reflects a dedication to improving our public investment processes,” he said. “Over the next two weeks, you will engage in rigorous training designed to equip you with the necessary tools to make informed financial decisions and effectively analyze risks associated with public investments.”

Prof. Ibrahim Mike Okumu spaeking at the training.

Joseph Ahaisibwe from the Ministry of Finance, Planning and Economic Development noted that the programme integrates the different modules of the appraisal such as demand/market analysis, technical and environment analysis, financial, economic and risk analysis so as to ensure a 3600 degree view and avoid most of the challenges that have in the past resulted into project delays. He noted that, the programme has started yielding results through increased number of projects being appraised from 10% in 2016 to now over 80% in 2024. “This performance raises hope that as more participants are trained, the dividends will be more to Government”. Joseph noted. He implored participants to pay keen attention and utilize the faculty members to the maximum so that as they go back to their places of work, there is value to add.

Participants hail from a range of organizations, including the Ministry of Finance, Planning and Economic Development (MoFPED), the National Planning Authority (NPA), the Uganda Police, the Ministry of ICT, as well as Muni University and Makerere University. This diverse representation underscores the collaborative effort required to enhance public sector capabilities.

The training program promises to be both challenging and rewarding, setting the stage for the development of a skilled workforce ready to tackle the complexities of public investment management in Uganda. As the programme unfolds, participants will not only gain valuable knowledge but also contribute to the overarching goal of fostering sustainable economic growth for the country.

Betty Kyakuwa
Betty Kyakuwa

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CoBAMS Hosts Workshop to Review Parish Development Model

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Participants pose for a group photo after the workshop. Stakeholders, researchers, and policymakers workshop to discuss the progress and emerging issues in the implementation of Uganda’s Parish Development Model (PDM), 12th November 2024, Council Room, Main Building, Makerere University, Kampala Uganda, East Africa.

In a pivotal workshop held at Makerere University on November 12, stakeholders, researchers, and policymakers gathered to discuss the progress and emerging issues in the implementation of Uganda’s Parish Development Model (PDM). This transformative model, conceptualized by Prof. Ezra Suruma, aims to tackle some of Uganda’s most pressing socio-economic challenges: poverty, unemployment, and limited access to essential services, particularly in healthcare and agriculture.

Prof. Suruma, the architect of PDM, underscored the crucial role of researchers in creating wealth-empowering strategies for Ugandans. “The PDM is designed to eradicate poverty, promote economic inclusion, improve service delivery, and modernize agriculture,” Prof. Suruma stated. He highlighted that the model not only provides a pathway for Uganda’s rural households to participate in the economy but also aims to address the underlying issues that leave many citizens unable to afford basic needs.

Prof. Ezra Suruma (Right) and Prof. Barnabas Nawangwe (Left) at the event. Stakeholders, researchers, and policymakers workshop to discuss the progress and emerging issues in the implementation of Uganda’s Parish Development Model (PDM), 12th November 2024, Council Room, Main Building, Makerere University, Kampala Uganda, East Africa.

The Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe, commended Prof. Suruma’s visionary leadership and the significant impact PDM is expected to have on communities across Uganda. “The PDM stands as one of the largest government interventions aimed at eradicating poverty and uplifting communities,” he remarked. Prof. Nawangwe also emphasized Makerere University’s commitment to supporting PDM through the PDM Lab hosted by the College of Business and Management Sciences (CoBAMS), which serves as a hub for real-time data analysis to guide the implementation of PDM activities across the country.

The PDM Lab at CoBAMS, led by Prof. Eria Hisali and funded by the United Nations Development Programme (UNDP), is instrumental in collecting, analyzing, and interpreting data that can shape PDM policies at the grassroots level. During the workshop, Dr. Suruma extended his appreciation to UNDP for their support and acknowledged the researchers for their efforts in generating valuable insights into the effectiveness of PDM.

Part of the audience at the event. Stakeholders, researchers, and policymakers workshop to discuss the progress and emerging issues in the implementation of Uganda’s Parish Development Model (PDM), 12th November 2024, Council Room, Main Building, Makerere University, Kampala Uganda, East Africa.

Despite Uganda’s notable economic growth in recent years, poverty remains a persistent challenge, with a significant portion of the population struggling to meet basic needs. Unemployment rates, especially among youth, are high, limiting economic opportunities for the country’s largest demographic. Access to healthcare, particularly in rural areas, is another critical issue, with many Ugandans unable to afford or reach essential medical services. These challenges underscore the need for initiatives like the PDM that are designed to create sustainable economic opportunities, improve household incomes, and ensure equitable access to services.

“PDM seeks to empower households to create wealth, ultimately reducing dependence on subsistence farming and encouraging local economic development,” Prof. Suruma emphasized. He believes that the model’s holistic approach will foster greater self-sufficiency among Uganda’s communities by addressing poverty from multiple angles, including agricultural modernization, financial literacy, and service accessibility.

Part of the audience at the event. Stakeholders, researchers, and policymakers workshop to discuss the progress and emerging issues in the implementation of Uganda’s Parish Development Model (PDM), 12th November 2024, Council Room, Main Building, Makerere University, Kampala Uganda, East Africa.

As the workshop concluded, participants expressed optimism about PDM’s potential to drive sustainable change. Prof. Nawangwe reiterated Makerere University’s dedication to supporting this national initiative, affirming that the PDM Lab will continue to play a key role in assessing and enhancing the model’s effectiveness.

The Parish Development Model offers a beacon of hope for millions of Ugandans striving for a better quality of life, aligning with Uganda’s broader aspirations for economic growth, social equity, and sustainable development.

Betty Kyakuwa
Betty Kyakuwa

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Study Explores PPPs for Sustainable Development in Uganda’s Tourism and Health Sectors

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Prof. Akileng addresses the participants of the workshop. Research dissemination workshop by Dr. Jude Thaddeo Mugarura, lecturer and researcher, study "Managing the Public Private Partnership (PPP) Operating Environment for Sustainable Service Delivery in Uganda’s Tourism Sector" and Simon Peter Kyomuhendo, findings on “Public Private Partnership Adoption, Local Content Utilization, and Value for Money in the Ugandan Health Sector.” 11th November 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.

On November 11, 2024 the School of Business held a research dissemination workshop led by Dr. Jude Thaddeo Mugarura, a lecturer and researcher whose study focused on “Managing the Public Private Partnership (PPP) Operating Environment for Sustainable Service Delivery in Uganda’s Tourism Sector.” The event also featured research by his student, Simon Peter Kyomuhendo, who presented findings on “Public Private Partnership Adoption, Local Content Utilization, and Value for Money in the Ugandan Health Sector.”

Both studies, which delve into the role of PPPs in two crucial sectors—tourism and health—aim to provide insights into how strategic partnerships between public and private entities can address pressing service delivery challenges in Uganda. Dr. Mugarura’s study in the tourism sector emphasized the importance of a stable operating environment for PPPs, highlighting the need for clear policies, regulatory support, and sustainable practices that allow both public and private stakeholders to thrive. His research suggests that a conducive PPP environment is essential for Uganda’s tourism sector to achieve sustainability, attract international visitors, and create job opportunities, while preserving the country’s cultural and natural heritage.

Dr. Jude making his presentation. Research dissemination workshop by Dr. Jude Thaddeo Mugarura, lecturer and researcher, study "Managing the Public Private Partnership (PPP) Operating Environment for Sustainable Service Delivery in Uganda’s Tourism Sector" and Simon Peter Kyomuhendo, findings on “Public Private Partnership Adoption, Local Content Utilization, and Value for Money in the Ugandan Health Sector.” 11th November 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Dr. Jude making his presentation.

Kyomuhendo’s research, titled “Public Private Partnership Adoption, Local Content Utilization, and Value for Money in the Ugandan Health Sector,” explored how PPPs can improve value for money (VFM) in healthcare delivery by encouraging local content utilization. His findings revealed a positive correlation between PPP adoption and VFM in healthcare, suggesting that well-structured partnerships can enhance efficiency and service quality. However, he noted that while PPPs support infrastructure development and resource allocation, local content utilization does not always have a strong moderating effect on VFM, indicating potential areas for policy improvement to ensure meaningful local engagement.

Dean of the School of Business, Prof. Godfrey Akileng, lauded the researchers for their dedication to tackling critical issues in Uganda’s development sectors. “These studies bring much-needed evidence to the table, demonstrating the potential of PPPs to transform our tourism and health sectors,” Prof. Akileng remarked. He emphasized that such research is pivotal to Makerere University’s commitment to producing actionable knowledge that aligns with Uganda’s national development goals.

Group photo of the participants. Research dissemination workshop by Dr. Jude Thaddeo Mugarura, lecturer and researcher, study "Managing the Public Private Partnership (PPP) Operating Environment for Sustainable Service Delivery in Uganda’s Tourism Sector" and Simon Peter Kyomuhendo, findings on “Public Private Partnership Adoption, Local Content Utilization, and Value for Money in the Ugandan Health Sector.” 11th November 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Group photo of the participants.

Prof. Akileng extended his gratitude to the Carnegie Corporation of New York for supporting these projects, acknowledging that their funding was instrumental in advancing impactful research. “The generosity of our donor has enabled us to conduct thorough research and share insights that will inform policy and guide sustainable development efforts in Uganda,” he added.

The workshop encouraged discussion among participants, including policymakers, private sector representatives, and university staff, on the importance of PPPs in creating a resilient service delivery model. Dr. Mugarura highlighted the need for continual assessment of the PPP framework to adapt to evolving economic and social demands. He recommended that the government prioritize regulatory improvements and capacity building for local firms to enhance their role in PPP projects.

Participants listen to the presentation. Research dissemination workshop by Dr. Jude Thaddeo Mugarura, lecturer and researcher, study "Managing the Public Private Partnership (PPP) Operating Environment for Sustainable Service Delivery in Uganda’s Tourism Sector" and Simon Peter Kyomuhendo, findings on “Public Private Partnership Adoption, Local Content Utilization, and Value for Money in the Ugandan Health Sector.” 11th November 2024, Conference Room, Room 2.2B, Level 2, School of Business, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa.
Participants listen to the presentation.

The dissemination workshop concluded with a collective call for increased collaboration between the public and private sectors. Both researchers emphasized that strategic partnerships hold the key to addressing Uganda’s service delivery challenges and achieving sustainable growth in tourism and healthcare.

Betty Kyakuwa
Betty Kyakuwa

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Passing the Torch: Dr. Wokadala Hands Over Deanship to Dr. Banga

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Dr. James Wokadala official handover of Dean of the School of Statistics, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa to Dr. Margaret Banga, Friday 8th November 2024.

In a momentous handover ceremony on Friday, November 8, 2024, Dr. James Wokadala, the outgoing Dean of the School of Statistics at Makerere University, officially transferred the mantle of leadership to his successor, Dr. Margaret Banga. This transition marks not only the end of a progressive five-year tenure by Dr. Wokadala but also the dawn of a promising new chapter under Dr. Banga’s stewardship.

Reflecting on his tenure from 2019 to 2024, Dr. Wokadala proudly recounted significant strides made in academic programming and graduate training. “We have made tremendous progress in reviewing and introducing new academic programs, including the Master of Science in Quantitative Economics and PhD in Population Studies,” he shared. His focus on graduate training has indeed paid off, with an increase in the number of master’s graduates—a testament to the school’s commitment to advancing statistical and quantitative expertise.

Dr. Wokadala also highlighted the school’s success in building partnerships with key organizations such as Prudential Assurance Uganda, the World Bank, and esteemed international universities. Yet he acknowledged that challenges remain, particularly in staff development and school structure. “We must incentivize our staff to move up the career ladder,” he urged, emphasizing the importance of nurturing talent to secure the school’s future growth.

A group photo of the people that attended the handover ceremony. Dr. James Wokadala official handover of Dean of the School of Statistics, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa to Dr. Margaret Banga, Friday 8th November 2024.
A group photo of the people that attended the handover ceremony.

As he bid farewell, Dr. Wokadala expressed deep gratitude to Makerere University’s management, staff, and student leaders for their invaluable support throughout his tenure. He assured Dr. Banga of his continued support and stressed the importance of fostering research, community engagement, and academic innovation as she steps into her new role.

In her address, Dr. Banga, the newly appointed Dean, conveyed a vision centered on collaboration, teamwork, and excellence. She expressed appreciation for Dr. Wokadala’s dedication and pledged to build on his legacy. “I request that we all work together,” she urged. “We cannot move the School of Statistics forward if we are divided.” Dr. Banga committed to strengthening relationships with key collaborators, including ISTAC and the World Bank, as well as exploring new partnerships.

Dr. Banga’s priorities also include the professional development of staff, particularly assistant lecturers working towards PhDs. She acknowledged the unique challenges they face in balancing teaching responsibilities with research and pledged her support to ease their path. “I will work with them, identify areas needing help, and seek support from college management,” she promised.

As she takes the helm, Dr. Banga has also committed to supporting student welfare, aiming to be a “mother” figure as advised by her predecessor. “I’ll work with students where I can, and when necessary, involve the ‘father’—the principal,” she remarked with a smile.

 The Principal, Prof. Edward Bbaale joined Dr. Banga and Dr. Wokadala for a photo. Dr. James Wokadala official handover of Dean of the School of Statistics, College of Business and Management Sciences (CoBAMS), Makerere University, Kampala Uganda, East Africa to Dr. Margaret Banga, Friday 8th November 2024.
The Principal, Prof. Edward Bbaale joined Dr. Banga and Dr. Wokadala for a photo.

The ceremony saw congratulatory remarks from various university leaders, each reflecting on Dr. Wokadala’s achievements and extending warm wishes to Dr. Banga. Professor Edward Bbaale, Principal of the College of Business and Management Studies (CoBAMS), commended Dr. Wokadala for a seamless transition and praised his leadership as a model for future deans. “Handing over office peacefully is not easy; it’s a big deal, a day to celebrate and thank God,” he said. Prof. Bbaale emphasized the crucial role of deans as academic and research leaders and encouraged Dr. Banga to carry forward the school’s legacy of excellence.

Luwaliza Aggrey, the university’s Internal Auditor, praised the school’s clean financial record during Dr. Wokadala’s tenure, attributing it to transparent and accountable management. “We pray for a conducive environment to move forward,” he said, underscoring the importance of continuity.

Dr. Wokadala will now take on the role of Deputy Principal at CoBAMS, where he is expected to continue contributing to the university’s vision and mission.

As Dr. Banga embarks on her journey as Dean, her commitment to unity, collaboration, and academic excellence bodes well for the future of the School of Statistics. With the foundation laid by Dr. Wokadala and the support of faculty, students, and university leaders, she stands poised to lead the school to new heights.

Betty Kyakuwa
Betty Kyakuwa

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