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Mak Co-operative Society financial performance excites Members: More strategies proposed for continuous growth

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On 26th February 2025, members of Makerere University Multi-Purpose Co-operative Society (MUMCS) convened for the Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans.

MUMCS has realised significant growth and financial stability, with a strong commitment to its members. The pay incentive bonus, remains at 14.5% of surplus returns until a future review. As the Society continues to grow and expand its services, it is expected to play an increasingly important role in promoting financial inclusion and economic development in Uganda.

Prof. Barnabas Nawangwe (Left) delivers the Chairperson's address alongside Prof. Juma Kasozi (Right). Makerere University Multi-Purpose Co-operative Society (MUMCS) Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans, 26th February 2025, Main Hall, Kampala Uganda, East Africa.
Prof. Barnabas Nawangwe (Left) delivers the Chairperson’s address alongside Prof. Juma Kasozi (Right).

MUMCS has 136 active members who are members of staff at Makerere University. MUMCS has a Board of Directors and Secretariat that works with the Investments Committee, Loans Committee, Finance Committee, Welfare Committee, and the Supervisory Committee.

The Chairperson of MUMCS, Prof. Barnabas Nawangwe welcomed the Members (physically present at Makerere University Main Hall and those who were following virtually via zoom) to the AGM. He encouraged the Members to continue saving and investing in the cooperative society.

Left to Right: Prof. Winston Tumps Ireeta, CPA David Ssenoga, Prof. Barnabas Nawangwe and Prof. Juma Kasozi. Makerere University Multi-Purpose Co-operative Society (MUMCS) Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans, 26th February 2025, Main Hall, Kampala Uganda, East Africa.
Left to Right: Prof. Winston Tumps Ireeta, CPA David Ssenoga, Prof. Barnabas Nawangwe and Prof. Juma Kasozi.

To kick start the AGM, the Chairperson made reference to the Agenda, which had been shared ahead of time to the respective Members. The Agenda focused on critical issues such as achievements, dividend allocation, recruitment plans, loan repayment strategies, potential investment opportunities, among other items. Following the adoption of the agenda during the AGM, the Chairperson invited the Secretary- Prof. Tumps Winston Ireeta, and the Treasurer- Prof. Juma Kasozi to present to the AGM key highlights.

Prof. Kasozi confirmed that the performance of the society was satisfactory. The Treasurer’s report, highlighted the society’s significant progress in 2024. The society disbursed loans amounting to UGX 1 billion, while savings accrued amounted to UGX 1.8 billion, and share value stood at UGX 386 million. The society’s total assets available for investment are worth UGX 2.25 billion, with a return on investment of 12.95%. The AGM was informed that the Cooperative’s balance sheet exceeded UGX 2billion, a testament to its robust financial position.

Prof. Juma Kasozi (Right) alongside Prof. Barnabas Nawangwe (Left) presents the Society's performance. Makerere University Multi-Purpose Co-operative Society (MUMCS) Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans, 26th February 2025, Main Hall, Kampala Uganda, East Africa.
Prof. Juma Kasozi (Right) alongside Prof. Barnabas Nawangwe (Left) presents the Society’s performance.

Summary of the Key statistics:

  • Total loans disbursed: UGX 1 billion
  • Savings: UGX 1.8 billion
  • Share value: UGX 386 million
  • Total assets available for investment: UGX 2.25 billion
  • Return on investment: 12.95%
  • Unit trusts: UGX 801,127,970 (ICEA LION) and UGX 608,138,265 (UAP OLD MUTUAL)
  • Surplus: UGX 166 million
  • Dividends: The payment of dividends not exceeding 10% of the surplus.

The Auditor’s report was presented, confirming that the society’s financial statements provide a true and fair view of its financial position as of December 31, 2024. The Auditor commended the society’s management for their excellent work in managing the society’s finances.

“I commend the Board and Secretariat for having a well-managed and governed society. Your scheme is one of the best. We are glad that Makerere University Multi-Purpose Co-operative Society, the balance sheet is above UGX 2 billion,” CPA David Ssenoga said.

The Society Auditor, CPA David Ssenoga. Makerere University Multi-Purpose Co-operative Society (MUMCS) Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans, 26th February 2025, Main Hall, Kampala Uganda, East Africa.
The Society Auditor, CPA David Ssenoga.

During the AGM, members proposed the following strategies to spur the continuous growth of MUMCS:  Undertaking sensitization, publicity and mobilization drives/campaigns, development of publicity materials such as brochures, encouraging members to take loans, presenting proposals to reward bonus incentives to the highest savers and members with a significant number of shares, as well as providing financial incentives to members who take loans and repay them faithfully. In addition, the strategies stated in the MUMCS Strategic Plan will be implemented to ensure financial diversity and sustainability.

The Chairperson of the Supervisory Committee, Prof. Fredrick Jones Muyodi presented the committee’s report, highlighting the society’s compliance with the Co-operative Societies Act and the by-laws. Other Members of the Supervisory Committee include: Dr. Hamidah Nakato and Dr. Fred Edgar Nabutanyi. The Supervisory Committee reported that during its meetings, it reviewed various activities undertaken by the Board of Directors. They noted that since the AGM meeting held in February 2024, several achievements had been realized. These included the approval of new bylaws, a revised credit policy, and the establishment of the MUMCS office.  The Supervisory Committee reported that 12 members joined MUMCS in 2024. The Committee appreciated Mr. Raymond Nsereko for developing the MUMCS logo and acknowledged Ms Ritah Namisango for coordinating the branding of the MUMCS office.

Chairperson of the Supervisory Committee, Prof. Fredrick Jones Muyodi presents his report. Makerere University Multi-Purpose Co-operative Society (MUMCS) Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans, 26th February 2025, Main Hall, Kampala Uganda, East Africa.
Chairperson of the Supervisory Committee, Prof. Fredrick Jones Muyodi presents his report.

In their report, the Supervisory Committee presented the proposed candidates for consideration as Members of the Vetting Committee namely:  Prof. Helen Nambalirwa Nkabala, Prof. Lawrence Mugisha and Dr. Alex Okello.

It was gratifying to note that the AGM unanimously agreed to have the Vetting Committee constituted as per the proposed names.

The Vetting Committee is expected to develop the Fit and Proper test for all applicants vying for the positions on the Board of Directors and the Supervisory Board, advertise the positions and administer the Fit and Proper test (written through Nomination Form and Oral), and present the successful applicants to MUMCS members for elections.

Ms Ritah Namisango speaks on behalf of the Welfare Committee. Makerere University Multi-Purpose Co-operative Society (MUMCS) Annual General Meeting (AGM) to discuss the Society’s financial performance, progress and future plans, 26th February 2025, Main Hall, Kampala Uganda, East Africa.
Ms Ritah Namisango speaks on behalf of the Welfare Committee.

On behalf of the Welfare Committee, Ms Ritah Namisango applauded the Board and Secretariat for implementing the Welfare Policy. The Members of the Welfare Committee include: Michael Kasusse, Ritah Namisango and Oscar Mugula. She noted that with the implementation of the Welfare Policy, Members are in position to receive support towards Weddings, Medical obligations, and bereavement as per the terms and conditions specified in the policy. Noting that the society exists to advance the welfare of its members, she thanked the AGM for approving the proposed UGX 10million for such purposes.

The Board informed the AGM that in compliance with the rules and regulations that govern the sector, various policies including human resources, anti-money laundering, and procurement are being developed for MUMCS.

In his concluding remarks, the Chairperson of MUMCS, Prof. Nawangwe acknowledged the cooperative’s impressive financial returns, noting that it outperformed other savings schemes in terms of interest. He also urged members to avoid unnecessary withdrawals, emphasizing the long-term benefits of keeping their savings within the cooperative society. He commended the team responsible for the cooperative’s success, including the Secretariat and Fund managers.

Ritah Namisango
Ritah Namisango

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Still Standing, Still Serving: St. Augustine Chapel Celebrates 85-Year Milestone at Makerere University

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H.E. Maj. (Rtd) Jessica Alupo and His Grace Paul Ssemogerere flanked by Prof. Barnabas Nawangwe, Rev. Fr. Josephat Ddungu, clergy and other officials cut cake at the thanksgiving Mass on 12th April 2026. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.

As Makerere University marked 85 years of St. Augustine Chapel on April 12, 2026, the historic sanctuary came alive with voices of praise drawing not only students and clergy, but the community and generations of alumni who returned to honor a space that shaped their faith and memories. From nostalgic reunions to heartfelt thanksgiving, the milestone became more than a commemoration; it was a powerful homecoming of a community bound by eight and a half decades of spiritual nourishment.

Under the resonant theme, “Our hearts are restless until they rest in you, O Lord,” the thanksgiving Mass was led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, who served as chief celebrant. His presence lent solemn weight to the occasion, as worshippers filled Makerere’s Freedom Square in a deeply moving celebration that blended reverence, reflection, and renewed devotion, echoing the enduring spiritual heartbeat of Makerere University.

H.E. Maj. (Rtd) Jessica Alupo addresses the congregation. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.
H.E. Maj. (Rtd) Jessica Alupo addresses the congregation.

Hailing the legacy of St. Augustine Chapel, Maj. (Rtd)  Jessica Alupo praised the students’ centre as a cradle of leadership that has helped steer the nation’s development. Speaking as the Vice President, the chief guest and proud alumna of Makerere University, she reflected on the chapel’s enduring influence since 1941, describing it as a rare space where intellect meets faith, questions meet prayer, and the pursuit of knowledge is illuminated by the gospel. Her remarks, underscored the chapel’s profound role in shaping generations of thinkers and servant leaders grounded in faith and service to their nation.

On his part, the Archbishop, His Grace, Paul Ssemogerere delivered a heartfelt reflection during his homily, reminding the congregation that true education shapes not only the intellect but also the heart. He praised St. Augustine Chapel for faithfully advancing that mission over 85 years, serving as a sacred space where students prayed before exams, sought guidance in uncertainty, and encountered Christ through the sacraments. Quietly yet profoundly, he noted, the chapel has not only formed scholars, but men and women of character and purpose. Highlighting the Church’s presence within Makerere University as a profound gift, he reaffirmed the harmony between faith and reason, and called for the chapel to remain a lasting refuge and guiding light for generations to come.

His Grace, Paul Ssemogerere. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.
His Grace, Paul Ssemogerere.

The event also served as a high-impact fundraising drive for the expansion of the Students’ Centre, aimed at creating much-needed space for growing student activities and services.

Appealing to the congregation, Rev. Fr. Josephat Ddungu, the chaplain, underscored the urgency and importance of investing in both the spiritual and social life of the student community. He emphasized that the expansion is not merely infrastructural, but foundational to nurturing holistic student development.

Rev. Fr. Josephat Ddungu. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.
Rev. Fr. Josephat Ddungu.

He recalled the vision of Msgr. Lawrence Kanyike, who during his tenure laid significant groundwork for St. Augustine’s Chaplaincy and long advocated for its expansion in response to growing student needs. With rising enrolment and increasing demand for services, the call for a larger, more functional student centre has become increasingly compelling.

Once completed, the extension is expected to stand as a landmark contribution in the Chaplaincy’s 85-year legacy. It will accommodate a wide range of student-focused programmes, including fellowship meetings, Bible study groups, prayer gatherings, mentorship and counselling services, leadership development, Sunday school, choir rehearsals, care groups, gym facilities, improved sanitation, administrative offices, quiet study areas, student clubs and movements, as well as outreach initiatives connecting students with surrounding communities.

H.E. Maj. (Rtd) Jessica Alupo breaks ground for the St. Augustine Students’ Centre. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.
H.E. Maj. (Rtd) Jessica Alupo breaks ground for the St. Augustine Students’ Centre.

Fr. Ddungu announced that the project target stands at Uganda Shillings Two billion only. He added that so far, UGX 164,673,650 has been raised in cash and banked funds, while pending pledges amount to UGX 85 million, bringing the combined total to Uganda Shillings 250,426,650.

“In Makerere, we build for the future. Those who came before us built for the future, and their future is our present. Now it is our responsibility to build for those who will come after us,” he said.

H.E. Maj. (Rtd) Jessica Alupo (R) and Prof. Barnabas Nawangwe share a light moment at St. Augustine Chapel. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.
H.E. Maj. (Rtd) Jessica Alupo (R) and Prof. Barnabas Nawangwe share a light moment at St. Augustine Chapel.

The Vice President, on behalf of the President delivered a contribution of Uganda Shillings 30 million who she said, also requested the Bill of Quantities of the project to facilitate continued government support toward its completion.

The Vice Chancellor of Makerere University, Prof. Barnabas Nawangwe, who contributed to the fundraiser, commended the Catholic community for its steadfast commitment to students’ spiritual welfare and its role in shaping servant leaders. He pledged continued support from the University Management to ensure this expansion of the Student center becomes a reality. From Senior Management, Prof. Sarah Ssali, Deputy Vice Chancellor, Academic Affairs and Dr. Winifred Kabumbuli, the Dean of Students, in their respective capacities, contributed to the fundraising effort too, reinforcing the collective commitment to the project’s success.

L-R: Prof. Sarah Ssali, Dr. Winifred Kabumbuli and Prof. Barnabas Nawangwe attend Mass. Marking 85 years of St. Augustine Chapel under the theme, “Our hearts are restless until they rest in you, O Lord,” thanksgiving Mass led by His Grace, Paul Ssemogerere, Archbishop of the Roman Catholic Archdiocese of Kampala, and Chief Guest as Vice President H.E. Maj. (Rtd)  Jessica Alupo, April 12, 2026, Freedom Square, Makerere University, Kampala Uganda, East Africa.
L-R: Prof. Sarah Ssali, Dr. Winifred Kabumbuli and Prof. Barnabas Nawangwe attend Mass.

As the fundraising gathers momentum, the appeal remains clear and urgent, that every contribution brings the vision closer to completion. Built on the legacy of those who came before and sustained by the commitment of the present generation, the new Students’ Centre is poised to become a lasting beacon of spiritual grounding, intellectual growth, and communal transformation for decades to come.

If you wish to contribute via mobile money, below are the details of the recipient.

MTN: +256 (0)787888490, Airtel: +256 (0) 756851181 (Josephat Ddungu)

Maureen Agena.
Maureen Agena

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Hands-On RIMS Training Equips Makerere University College Registrars to Power Graduate Success and Research Excellence

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Participants pose for a group photo after the training on 10th April 2026. Intensive, hands-on training in the Research Information Management System (RIMS) by the Directorate of Graduate Training (DGT) and Directorate for ICT Support (DICTS) for College Registrars and Senior IT Technicians, 10th April 2026, Lecture Room 4.1 Computer Lab, Yusuf Lule Central Teaching Facility, Makerere University, Kampala Uganda, East Africa.

By Moses Lutaaya

Kampala, April 10, 2026 — College Registrars and Senior IT Technicians at Makerere University have undergone intensive, hands-on training in the Research Information Management System (RIMS), in a move aimed at strengthening graduate training, improving completion rates, and advancing the university’s research agenda.

The training, held on Friday at the CFT 2 Building, Lecture Room 4.1 Computer Lab, brought together key custodians of academic records to gain practical skills in using the system that university leadership says will transform graduate education management.

In his opening remarks, the Director of Graduate Training, Julius Kikooma, underscored the strategic importance of RIMS, linking it directly to the university’s long-standing challenges in tracking graduate students and supporting research progression.

“Graduate training is central to the research mission of this university,” Prof. Kikooma told participants. “Yet for years, we have struggled to answer simple but critical questions, where exactly are our graduate students in their academic journey, and why are many not completing on time?”

He pointed out that the issue has consistently drawn concern from top university leadership, including Council, particularly as Makerere rolls out its new five-year strategic plan. “One of the key priorities identified is improving graduate completion rates,” he said. “But we cannot improve what we cannot measure.”

Prof. Kikooma explained that unlike undergraduate programmes, graduate studies are largely research-driven and therefore more complex to monitor. “The research component of graduate programmes has not been adequately captured in any system,” he noted. “That is why it has been difficult to track progress, supervise effectively, and provide accurate reports.”

Prof. Julius Kikooma. Intensive, hands-on training in the Research Information Management System (RIMS) by the Directorate of Graduate Training (DGT) and Directorate for ICT Support (DICTS) for College Registrars and Senior IT Technicians, 10th April 2026, Lecture Room 4.1 Computer Lab, Yusuf Lule Central Teaching Facility, Makerere University, Kampala Uganda, East Africa.
Prof. Julius Kikooma.

Positioning RIMS as a transformative solution, he emphasized its role in bridging this gap. “RIMS is not just a system, it is the backbone of how we are going to support graduate students and research going forward,” he said. “With it, we can track every stage, from concept development to proposal, to thesis completion in real time.”

He stressed that the system will enhance both efficiency and accountability across the university. “This is the tool that will enable us to confidently assure Council and management that we know the status of every graduate student at any given time,” he said.

However, Prof. Kikooma made it clear that the success of RIMS depends heavily on the commitment of college registrars. “You are the custodians of graduate records. You are central to this process,” he said. “If RIMS succeeds, it will be because of your efforts. If it fails, it will be because you did not play your part.”

He revealed that registrars will now form part of the steering committees overseeing the full implementation of RIMS across university units. “You are not just users of this system, you are its drivers at the college level,” he emphasized.

Calling for seriousness and full participation, Prof. Kikooma set clear expectations for the training. “No one should leave this room without knowing how to use RIMS in their daily work,” he said. “You must understand the kind of data required, the information on students, supervisors, and every stage of the research process.”

He added that incomplete data has already limited the system’s effectiveness in some units. “Graduate students are already on the system, but some of the critical information is missing,” he noted. “That gap must be closed by you.”

In his technical presentation, Juma Katongole, the Manager Information Systems, highlighted the limitations of existing systems and how RIMS is designed to address them.

Mr. Juma Katongole. Intensive, hands-on training in the Research Information Management System (RIMS) by the Directorate of Graduate Training (DGT) and Directorate for ICT Support (DICTS) for College Registrars and Senior IT Technicians, 10th April 2026, Lecture Room 4.1 Computer Lab, Yusuf Lule Central Teaching Facility, Makerere University, Kampala Uganda, East Africa.
Mr. Juma Katongole.

“We can only produce accurate statistics for students on coursework,” he said. “But we cannot tell how many graduate students are at proposal level, concept level, or thesis level. That is a major gap.”

He explained that RIMS will provide comprehensive, real-time tracking of graduate students throughout their academic journey. “This system will enable us to produce accurate reports of which student is where,” Katongole said. “It will help us identify delays and take action.”

On the issue of prolonged completion times, he added, “With reliable data, we can see where students are getting stuck and introduce administrative or strategic measures to address those bottlenecks.”

Describing the system as a turning point, Katongole noted, “We are moving towards having valid statistical information at our fingertips, which is critical for a research-led institution.”

From the administrative perspective, Eleanor Nandutu, Senior Assistant Registrar from MISR, welcomed the initiative, describing it as a practical solution to long-standing inefficiencies.

Eleanor Nandutu. Intensive, hands-on training in the Research Information Management System (RIMS) by the Directorate of Graduate Training (DGT) and Directorate for ICT Support (DICTS) for College Registrars and Senior IT Technicians, 10th April 2026, Lecture Room 4.1 Computer Lab, Yusuf Lule Central Teaching Facility, Makerere University, Kampala Uganda, East Africa.
Eleanor Nandutu.

“RIMS will ease the tracking process and help us know exactly where each student is and how long they take at each stage,” she said. “It will also help us understand where the challenges are and how to better support students.”

She emphasized that the system will improve completion rates by identifying bottlenecks early. “We shall be able to see where we are stuck and take corrective action in time,” she noted.

Addressing concerns about possible conflict of interest between supervisors and students, Nandutu clarified that the system is designed to enhance transparency, not create tension. “This is about ensuring that processes are followed and that students succeed,” she said. “It brings everyone, administrators, supervisors, and coordinators onto one platform.”

She added that the system will even improve interaction between students and supervisors. “It will make follow-ups easier and ensure timely feedback, which is critical for research progress,” she said.

As the university intensifies efforts to strengthen its research output and graduate training, the hands-on RIMS training marks a significant step toward a more efficient, transparent, and data-driven academic environment, one that leaders believe will finally address the long-standing challenge of delayed graduate completion.

Mak Editor

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Call for Participants: 2026 Hainan International Youth Cultural Exchange Program

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Hainan University, China. Courtesy photo.

Applications are hereby invited for the 2026 Hainan International Youth Cultural Exchange Program, hosted by Hainan University.

  • Theme: “Youth Nexus: Bridging Horizons in the Free Trade Port”
  • Dates: May 19 – 26, 2026
  • Location: Hainan Province, China
  • Highlights: The program offers immersive visits to the Free Trade Port, academic exchanges, and cultural explorations (including Wenchang Space Center and China (Hainan) Museum of the South China Sea).
  •  Accommodation, meals, and local transport are fully covered.

Application Deadline: Please submit your application by April 17, 2026.

Eligibility: Students, young faculty, and youth representatives aged 18–40 with proficiency in English are welcome to apply.

Please note: Interested students must purchase their own air tickets.

 Apply Here: https://v.wjx.cn/vm/QsFn61E.aspx#                                

For inquiries, please contact Mr. KONG Zeming (zeming.kong@qq.com).

Mak Editor

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