Business & Management
CoBAMS holds Strategic Planning Retreat: Prioritization of research-driven strategies, graduate training, quality teaching and internationalization
Through its strategic plan, Makerere University commits to being a research driven institution. This presents the ten (10) colleges at Makerere University with a golden opportunity to tap into the vast knowledge and rich experience of its qualified and experienced staff to contribute to the realization of the University’s research agenda.
Consequently, the College of Business and Management Sciences (CoBAMS) led by the Principal, Prof. Edward Bbaale organized a two-day strategic planning retreat bringing on board a representative sample of staff classified as the College management team to critically discuss the research direction of the college and come up with strategies aligned to the Makerere University strategic plan.
The two-day strategic planning retreat (10th to 11th April 2025) involved highly interactive sessions with seasoned facilitators namely the Principal-Prof. Edward Bbaale, the Deputy Principal-Prof. James Wokadala, the Director of Graduate Training-Dr. Julius Kikooma, the Head of Grants Administration and Management Support Unit (GAMSU)-Prof. Sylvia A.N. Nannyonga-Tamusuza and the Director of Quality Assurance-Dr. Cyprian Misinde. It was moderated by Ms. Ritah Namisango and Mr. Peter Mubiru, who are members of the CoBAMS management team.
The presentations featured the College Strategic direction, the College Quality Assurance Framework, the Strategic direction of Makerere University on graduate training, Grants Management and harnessing the power of the College and members of staff to attract and win grants. In addition, the retreat provided a forum to discuss other critical functions such as innovative teaching and learning, internationalization, community engagements, knowledge transfer partnerships and networking.
Welcoming the participants, Prof. Edward Bbaale emphasized that the strategic planning retreat provided a pivotal platform to shape the future of the college. He stated that as Makerere University implements its research-driven agenda, CoBAMS will play a central role through prioritization of research and graduate training, internationalization, and provision of innovative teaching and learning.
He informed the College management team to embrace an approach that positions the students at the centre of research and the various activities undertaken by the College.
“The best way to propel CoBAMS is by working with students. A student with a good Masters’ degree dissertation should be supported through mentorship to publish his or her work,” he said.
Strategic and research direction of the College
Prof. Bbaale guided that every member of faculty should focus on increasing graduate student enrolment and knowledge production. Referring to well researched data, Prof. Bbaale reported that graduate students account for only 12% of the enrollment. He noted that the goal was to ensure that graduate students constitute 30% of the total enrollment by 2030. He rallied members of staff to work together to increase the number of graduate students both at Masters’ and PhD levels. He implored staff to effectively supervise graduate students so that they complete on time. He encouraged staff to involve graduate students in research projects, grant writing and joint publications. He noted the need to profile and follow up the graduate students.
Convinced about the strong correlation between research output and the number of PhDs, Prof. Bbaale urged staff to increase the number of PhD students. For instance, the taught PhDs in Economics, Finance, and in Statistics will significantly contribute to increased enrollment,” he said.
“Central to this is stabilizing graduate output and ensuring consistent PhD supervision. The structured PhD by research program and the taught PhDs if managed well will significantly increase the number of graduate student enrollment,” he added.
In this regard, Prof. Bbaale congratulated the Units under the College of Business and Management Sciences namely the School of Business, the School of Economics, and the School of Statistics and Planning for coming up with the option of taught PhDs.
On the issue of timely completion of graduate programmes, he advised the faculty members to ensure that the students present vivas in January, February or March.
In addition, the crucial role of graduate coordinators and the college doctoral forum, convened by Dr. Kassim Sendawula, in nurturing a sense of community and providing support for Ph.D. students was emphasized.
Providing direction on research centres, he demystified the concept of thinking that one requires a physical building or large space to come up with a research centre. Prof. Bbaale encouraged faculty members to network and form research centres. “A centre is a team of researchers with like minds, passion and expertise in a particular area/field. For instance, Members of staff in the College of Business and Management Sciences could establish a Centre of Excellence in Tax Advisory.”
He explained the need to translate research into products that can be sold. He commended the ongoing initiatives by the College such as the Entrepreneurship Congress, and the Makerere University Innovation Pod. He called upon staff in CoBAMS to work with the Makerere University Innovation Pod, which is headed by a faculty member-Dr. Cathy Mbidde.
On the issue of internationalization, the Principal called for more collaborations with internationally recognized and reputable universities, bodies and research centres. He advised staff to actively participate in Erasmus mobility programmes and to implement collaborations that provide for staff and student exchange programmes.
In addition to acquiring degree qualifications from Makerere University, he advised the teaching staff to take a bold step and attain academic qualifications from internationally recognized institutions in other countries/continents.
“As a member of faculty, if your undergraduate degree or Masters’ was awarded by Makerere University, it is important that you secure your PhD from another internationally recognized university. This presents you with a rich and wider perspective as an academic, distinct advantage, exposure and access to other networks,” he guided.
Tackling the financial sustainability of the College, the Principal explained the need to establish special programs to operate as projects for example short courses leveraging the Council’s sharing ratio of 20:80, lobbying the University Management for more funding, mobilizing the college alumni, growing the College Endowment Fund, enhancing grant writing through GAMSU support and strengthening the College’s IRB.
Quality Assurance in teaching and learning processes
In his presentation, Dr. Cyprian Misinde focused on the standards and guidelines that should be followed by staff to safeguard the quality of processes at Makerere University.
Dr. Misinde re-affirmed the need for the CoBAMS teaching staff to scale up their research potential and outputs, actively participate in capacity building programmes, and above all, to continue to publish their research or work in internationally recognized journals.
He articulated the need to uphold the provision of high quality academic programmes through curriculum reviews, peer reviews, involvement of the private sector and industry, and following national and international accreditation procedures.
Dr. Misinde equally stressed the need for academic staff and heads of the respective departments to understand the accreditation steps and requirements and strictly adhere to the procedures. This, he added, will enable the Schools and Colleges to submit the academic programmes for accreditation to the Academic Registrar, Directorate of Quality Assurance and the University Senate within the expected timelines.
To enhance the effectiveness of instruction, he encouraged the teaching staff to adhere to fulfilling the minimum teaching load as per the University policy, reinforcing the commitment to delivering quality education.
On the management of students’ results, Dr. Misinde appealed to the teaching staff to mark the students’ scripts within the stipulated timeline. He reminded the teaching staff to adhere to the centralized marking processes at the College or School levels. He advised the College leadership to always invite the Student leaders or representatives to witness the centralized marking processes in order to build trust and transparency at all levels.
He informed participants about the independent student-staff assessment/evaluation tools that are administered by the Quality Assurance Directorate. These, Dr. Misinde clarified, present an opportunity to the students to assess their respective teachers/lecturers. He stated that these evaluations are essential for fostering educational quality and enriching the overall student experience. He disclosed that the feedback gathered from these assessments not only informs curriculum development but also identifies areas that require improvement in teaching methodologies, aligning with the university’s strategic objectives.
Graduate training at Makerere University
Building on the call to action by Prof. Edward Bbaale to the teaching staff to actively participate in critical processes aimed at increasing the number of graduate students, Dr. Julius Kikooma’s presentation centred on sensitizing staff on their obligations in the realization of that dream.
He outlined the Makerere University graduate policies, framework for structured PhD by research, graduate supervision and mentorship, digitization of the graduate training processes through the Digital Research Information Management System (RIMS), strengthening the capacity and commitment of human resources to drive the research-led agenda, elements of the Makerere University Graduate research strategy, teaching of PhD cross cutting courses, among other key factors.
Dr. Kikooma called upon Deans, Heads of Departments, Supervisors of Graduate Progammes and Registrars at CoBAMS to participate in the training on RIMS scheduled to take place on 21st April 2025.
Grants Administration and Management at Makerere University
In her presentation, Prof. Sylvia A. N. Nannyonga-Tamusuza reported that funds received through grants significantly contribute to building the research profile of the University, calling upon, Colleges to implement strategies aimed at attracting and winning research grants at the national and global levels.
She explained the need to professionally manage the research grants, requesting those entrusted to adhere to the terms and conditions specified in the guidelines or contract.
She observed that whereas it is mandatory to close out a grant/project, some entities do not, which is a great omission. She urged the faculty members and researchers to follow the guidelines stipulated during the grant application and award processes.
The Head of GAMSU emphasized the need to form research teams. “We have different abilities and skills. Through teams, we leverage our strengths. It also encompasses the multi-disciplinary approach,” she said. Underscoring the role of negotiation and interpersonal relations, she recommended training of researchers to engage with international partners.
She re-affirmed the necessity for proper documentation, transparency and accountability for funds. She reminded Principal Investigators, researchers and staff in general that research grant money is received on behalf of the institution, and not individuals. Thus, GAMSU expects to receive quarterly reports on grants. She explained that whereas some units could have designated a researcher or a member of staff to manage grants, when following up reporting and accountability for such funds, GAMSU engages the College Principal and College Bursar/Accountant.
To continue onboarding staff on grant administration and management, Prof. Nannyonga-Tamusuza revealed that GAMSU would conduct an intensive three (3) day training for Accountants, Research Assistants and Staff who handle grants at the University.
Way Forward
The College leadership team was tasked to lobby management to have an institutionalized mechanism for staff who mobilise resources for the University.
The College leadership team would schedule a specialized meeting with the University’s central management pertaining to research, funding, grant writing and execution, and graduate training among others.
Noting that members of staff play a vital role in the success of the college, the participants recommended prioritization of staff welfare focusing on health, sports, and morale.
Touched by the active participation and articulation of critical issues, the Principal committed to work with the College management team to ensure that the retreat bringing on board the College Management team is held twice a year.
Closing remarks
Prof. Wokadala commended the College management team members for participating in the retreat. “The retreat is one of the vehicles of creating a bond as the College management team. I am glad that we have discussed a number of critical issues that align with the strategic direction of the University,” said the Deputy Principal.
Prof. Bbaale thanked the organizing team and participants, urging them to reflect on the discussions and implement agreed-upon actions to improve the college for the benefit of its stakeholders, including students and the broader community. He also pointed out the need for the next retreat to focus on aligning the College’s strategy with the National Development Plan 4 (NDP4), ensuring its relevance and contribution to national development goals.
Makerere University’s Public Investment Management Centre of Excellence has begun a two-week intensive training for government officials aimed at strengthening the analysis of policy and legislative proposals and improving the quality of financial decisions across government.
The training, conducted in partnership with the Ministry of Finance, Planning and Economic Development, focuses on Integrated Regulatory Cost-Benefit Analysis under the revised Guidelines for Financial Clearance.
Participants drawn from government ministries, departments and agencies are being equipped with practical skills to assess the financial, economic and wider implications of policies, Bills and other proposals before they progress through government decision-making processes.
Opening the training, Mr. Paul Mwanja, Commissioner for Infrastructure and Social Services at the Ministry of Finance, Planning and Economic Development, said the capacity-building programme comes at an important stage in the implementation of Uganda’s revised financial clearance framework.
He noted that the Certificate of Financial Implications is an important safeguard for ensuring that policy and legislative proposals submitted to Cabinet or Parliament are consistent with government’s fiscal objectives and national development priorities.
“The success of these reforms does not only depend on the strength of the guidelines, but also on the competence and commitment of those who implement them,” Mr. Mwanja said.
The revised Guidelines for Financial Clearance came into effect on 1 July 2025 and introduced stronger institutional and analytical requirements for the consideration of policy and legislative proposals. These include evidence that Regulatory Impact Assessments have been undertaken, preparation of Statements of Financial Implications, consultations within ministries, departments and agencies, and Integrated Regulatory Cost-Benefit Analysis by the Ministry of Finance.
Mr. Mwanja said the training is intended to equip planners, economists and policy analysts with the technical skills and strategic understanding required to apply the framework in practice.
He linked the training to the implementation of the Fourth National Development Plan and the Tenfold Growth Strategy, noting that stronger analysis would help ensure policy proposals are aligned with Uganda’s longer-term development objectives.
“We shall continue investing in systems, gathering feedback and supporting learning to ensure that our public finance architecture remains responsive, efficient and fit for purpose,” he said.
He added that additional officers would be trained in subsequent cohorts as government works to build a critical mass of professionals capable of rigorously assessing policy and legislative proposals.
Building practical analytical capacity
Welcoming participants, Dr. John Sseruyange, Manager of the Public Investment Management Centre of Excellence, emphasised that the training has been designed to move beyond theory and enable participants to independently undertake the analyses required under the new framework.
The two-week programme combines classroom sessions with hands-on practical work. Morning sessions focus on concepts and analytical approaches, while afternoons are devoted to practical exercises and modelling.
Dr. Sseruyange urged participants to view the training not only as an institutional requirement, but also as an opportunity to strengthen their individual analytical capacity.
“Do not think only about helping the entity you have come from. Think about developing your own capacity,” he told participants.
He explained that many of the analytical tools used in examining policies and Bills are also applicable to public investment project analysis, giving participants skills that extend beyond the immediate requirements of the financial clearance guidelines.
The Centre has drawn trainers and technical expertise from Makerere University and government institutions, including the Ministry of Finance and the National Planning Authority, to support both the theoretical and practical components of the programme.
From guidelines to evidence-based decisions
In remarks delivered on his behalf, Prof. Edward Bbaale, Director of the Public Investment Management Centre of Excellence, said the training follows the dissemination of the revised guidelines for the Certificate of Financial Implications in June 2025.
He said the guidelines place increased emphasis on robust, evidence-based Statements of Financial Implications before policy proposals and Bills proceed.
Participants drawn from government ministries, departments and agencies following proceeings at the training
Over the two weeks, participants will develop competencies in risk analysis, cost-effectiveness analysis, analytical modelling and financial modelling, as well as the application of parameters such as prices, exchange rates and discount rates in policy evaluation.
They will also learn how to prepare Statements of Financial Implications to support decision-makers in assessing new policies and legislation.
Prof. Bbaale said these capabilities go beyond fulfilling a procedural requirement.
“These skills are not only technical requirements in the revised guidelines, but they are also essential for ensuring that Uganda’s public policies are sustainable, equitable and aligned with our national development goals,” he said.
He noted that the Public Investment Management Centre of Excellence continues to support government through training, research, outreach and advisory services. Recent work highlighted in his remarks included contributions to the revision of the Development Committee Guidelines, assessment of public investment project performance and convening of the second Public Investment Management Conference on 14 August 2025.
The training forms part of a broader effort to strengthen the analytical capacity available within government so that financial and policy decisions are increasingly informed by evidence, fiscal realities, potential risks and their implications for citizens.
Business & Management
The 10th Makerere University Students Expo: Solar-Powered Innovation Wins Top Prize
On 30th October 2026, the Makerere University Entrepreneurship and Outreach Centre (MakEOC), in collaboration with the Department of Marketing and Management, School of Business at the College of Business and Management Sciences (CoBAMS), recognised and awarded outstanding student innovators and entrepreneurs during the 10th Annual Makerere University Students’ Expo.
Held at the Freedom Square under the theme “Youth Innovations to Scale Uganda’s Growth Tenfold,” the expo showcased 900 student-led projects. The initiative focused on transforming youth ingenuity into sustainable enterprises, creating investment opportunities, and driving employment to support Uganda’s national growth agenda.
Solar Innovation Takes Centre Stage
Out of the 900 competing projects, three student enterprises emerged on top, led by a groundbreaking green-energy solution:
• Overall Winner: KIJAY Solar Shelter Innovations Limited (Solar Shelter)-won the top prize for developing the “Solar Breeze Umbrella and a solar-powered structure.” This eco-friendly innovation provides essential shade, ventilation, and lighting tailored for rural schools, outdoor market vendors, and restaurant operators.
• First Runner-Up: Smart Attend Limited-Developed an automated mobile application that tracks classroom attendance by allowing students to log in and out securely under a lecturer’s direct supervision.
• Second Runner-Up: Magic Spoon Enterprise-Innovated “powdered yoghurt” by converting freshly made yoghurt into powder through a freeze-drying process. This project addresses preservation challenges by extending shelf life, easing storage, and removing dependency on refrigeration.
Robust Student Participation
Dr Sarah Bimbona, the Director of MakEOC at CoBAMS, revealed that the Expo marked the culmination of preparations undertaken throughout the semester by entrepreneurship students. “The 10th Edition attracted 900 participants, specifically bringing together 600 undergraduate students and 300 Master of Business Administration (MBA) students. All the submitted projects underwent a rigorous evaluation process,” she reported.
The competitive expo featured innovative solutions from students across multiple academic programmes, including:
- Bachelor of Commerce (Year One)
- Bachelor of Business Administration (Year Two)
- Bachelor of Arts with Education (Entrepreneurship)
- Master of Business Administration (MBA)
Prioritising Entrepreneurship and Innovation
The Dean of the School of Business at CoBAMS, Assoc. Prof. Godfrey Akileng, described the Students’ Expo and Entrepreneurship Congress as highly successful milestones. He urged students to sustain their entrepreneurial spirit, build on their ideas, and actively embrace entrepreneurship to transform their research into viable commercial ventures.
Acknowledging the support of the Makerere University Management and the organising team, Assoc. Prof. Akileng extended his appreciation to corporate partners-including Vision Group, SUMZ, and Pepsi-for their vital contributions toward the successful delivery of both events.
Bridging Academia and Industry
The Students’ Expo directly built upon the momentum of the 4th Uganda – Makerere Entrepreneurship Congress, held a day prior on 29th October 2026. During the congress, students engaged in high-level dialogues with seasoned entrepreneurs, industry experts, and government representatives. The discussions strongly encouraged students to bridge the gap between academic innovation and industry, creating sustainable businesses capable of driving Uganda’s economic transformation and Tenfold Growth Agenda.
Transform Prototypes into Viable Business Ventures
Re-echoing highlights from the discussions at the 4th Uganda – Makerere Entrepreneurship Congress held on 29th October 2026, Dr Jude Mugarura, the Head of the Department of Marketing and Management at CoBAMS, noted that the exhibition provided students with an opportunity to showcase their innovations, and to receive guidance on developing prototypes into viable commercial products and business ventures.
“Take the Expo seriously and remain open to knowledge-sharing and feedback from investors, evaluators, policymakers and other stakeholders,” he said.
Highlights from some of the Student Innovations
- Briquettes production from natural agricultural waste
The Marketing Director of Premium Flames by Legitimate Cookers, Ms. Grace Kyamagero Nakigozi, said the group’s briquette innovation seeks to address charcoal shortages while reducing deforestation.
She explained that the group produces briquettes by mixing clay with processed agricultural waste, including coffee husks, maize cobs and matooke peelings. The mixture is moulded into different shapes and dried under shelter for approximately one week.
Ms. Nakigozi noted that the briquettes provide sustained heat and can be used in restaurants, households and poultry brooding, offering an alternative cooking fuel while promoting environmental conservation through the reuse of agricultural waste.
- The Eco Grow Organic Fertilizer
Presenting the Eco Grow Organic Fertilizer, Mr. Faizal Ssegawa Mugerwa, team leader said the initiative transforms biodegradable waste, particularly vegetable waste, into organic fertiliser to promote sustainable agriculture and create business opportunities.
He explained that the team processes organic waste into compost, supplemented with other organic ingredients to provide essential nutrients such as nitrogen and phosphorus, comparable to conventional NPK fertilisers.
Mr. Mugerwa noted that the innovation reduces waste sent to landfills, helps prevent environmental pollution and creates economic value from discarded organic materials.
- The Campus Survival Kit
Ms. Hope Nakiberu, a first-year Bachelor of Commerce (BCOM) student at CoBAMS and a member of Campus Survival Kit, said the initiative provides students with convenient access to essential supplies through hostel, grocery and study kits.
She explained that the idea addresses challenges faced by students, particularly those arriving from rural areas, in navigating Kampala and finding places to purchase basic necessities. The team therefore offers delivery of essential items directly to students, making campus life more convenient.
The expo also featured student innovators and entrepreneurs pursuing the Bachelor of Arts with Education at the College of Education and External Studies (CEES), who showcased a range of innovations, including Basic Organizers, footwear sandals and Elegant Item Solution, among others.
Moderated by Ms Yvone Nakungu and Ms Connic Nansubuga, students at the College of Business and Management Sciences (CoBAMS), the 10th Makerere University Students’ Expo concluded with a cake-cutting ceremony, marking a decade of promoting entrepreneurship, creativity and innovation among Makerere University students.
Business & Management
Makerere Entrepreneurship Congress Rallies Youth Behind Uganda’s ‘Tenfold Growth’Plan
Makerere University has convened its 4th Entrepreneurship Congress, positioning youth innovation at the absolute center of Uganda’s ambitious Tenfold Growth Strategy.
The long-term economic framework aims to skyrocket the country’s Gross Domestic Product (GDP) from roughly US$50 billion to US$500 billion by 2040. According to the National Planning Authority (NPA), the strategy relies heavily on four primary growth pillars known as ATMS: Agro-Industrialization; Tourism; Mineral-Based Industrialization (including Oil and Gas); and Science, Technology, ICT, and Innovation.
With over 70% of Uganda’s population under the age of 30, the youth are widely seen as the engine behind this economic transformation.
To harness this potential, the 29th October, event brought together students, entrepreneurs, industry experts, and government officials at the Makerere Uiversity Yusuf Lule Central Teaching Facility Auditorium. Running under the theme “Youth Innovations to Scale Uganda’s Growth Tenfold,” the congress focused on building strategic partnerships, boosting commercialization, and equipping young innovators to build sustainable businesses.
The event was organized by the Makerere University Entrepreneurship and Outreach Centre, alongside the Department of Marketing and Management under the College of Business and Management Sciences (CoBAMS).
Hon. Kasigwa Gerald (MP for Kigorobya County) attended as the Chief Guest. The keynote address was delivered by Dr. Cosmas Mwikirize, Superintendent of Industrial Value Chains Development at the Science, Technology, and Innovation Secretariat in the Office of the President.
Leadership Applauds Partnership
Representing the Vice Chancellor, Prof. Barnabas Nawangwe, and the CoBAMS Principal, Prof. Edward Bbaale, the College Deputy Principal, Associate Professor James Wokadala, commended the School of Business and the Makerere University Entrepreneurship and Outreach Centre (MakEOC) for strengthening university partnerships.
Noting that the MakEOC was concurrently hosting the 10th Students’ Entrepreneurship and Innovation Expo, he praised the Centre for sustaining the initiative over the past decade.
Assoc. Prof. Wokadala stressed the need for deeper collaboration to drive youth innovation and national economic transformation. He urged students to focus on developing practical, commercial solutions.
Call to Private Sector
Underscoring the value of collaboration, he acknowledged the Vision Group, Pepsi-Crown Beverages Uganda Limited, and Sumzi-Psalms Food Industries Limited for supporting the 4th Uganda-Makerere Entrepreneurship Congress.
For long-term sustainability, he called upon the business community, private sector, and industry leaders to work closely with the MakEOC.
He emphasized that private sector partners are vital for providing the mentorship, incubation facilities, and market access needed to help young entrepreneurs grow businesses, create jobs, and promote self-reliance.
Turn Innovations into Businesses
The Keynote Speaker, Dr. Cosmas Mwikirize, Superintendent of Industrial Value Chains Development at the Science, Technology, and Innovation (STI) Secretariat, urged students to use entrepreneurship to generate jobs and fuel national development.
Drawing on Uganda’s electric vehicle innovation journey, Dr. Mwikirize emphasized the importance of perseverance. He urged young innovators to challenge conventional thinking and ignore skeptics who doubt their ideas.
Achieving Uganda’s Tenfold Growth Strategy requires sustained economic growth driven by science, technology, innovation, and industrialization, he noted. To guide them, he challenged student entrepreneurs to adopt six core principles hidden within the acronym TENFOLD:
- Trouble: Identify real-world problems and develop practical solutions.
- Evidence: Prove that your innovations work to convince customers.
- Numbers: Understand your business figures beyond the daily hustle.
- Others: Build strong networks, teams, and strategic partnerships.
- Long Game: Recognize that genuine business success takes time.
- Discipline: Deliver on your promises with honesty and unwavering integrity.
Embrace Flexibility and Patriotism
Hon. Kasigwa Gerald, Member of Parliament for Kigorobya County, encouraged the students to remain flexible and look for opportunities outside their primary fields of study.
“Flexibility and a willingness to learn are essential for navigating a rapidly changing job market,” Hon. Kasigwa noted.
Underscoring the values of honesty, patriotism, and commitment, the legislator appealed to the youth to cultivate strong ethical foundations as they build their enterprises. He implored them to prepare for their roles in Uganda’s future through deliberate planning, continuous self-improvement, and hard work.
Champion the Commercialization of Innovations
The Dean of the School of Business, Associate Professor Godfrey Akileng, highlighted the vital role of entrepreneurship education in equipping students with real-world business skills. He encouraged them to cross-pollinate ideas, learn from industry experts, and build networks to successfully commercialize their research.
Prioritise Students’ Innovation
Commending the University Management and partners for their continued support, Assoc. Prof. Akileng invited participants to the upcoming Students’ Entrepreneurship Expo at Freedom Square, urging the youth to transform raw ideas into sustainable enterprises.
Dr Jude Mugarura, Head of the Department of Marketing and Management, reiterated the urgency of this educational shift.
“Entrepreneurship offers an opportunity to strengthen partnerships, promote wealth creation, and advance Uganda’s economic transformation and self-reliance,” Dr Mugarura said.
He called on government agencies and private-sector partners to step up with funding, regulatory guidance, incubation facilities, and market access. He noted that the upcoming Expo at Freedom Square would showcase breakthroughs in agriculture, technology, healthcare, and sustainable business models.
Fostering a Culture of Innovation
Dr. Sarah Bimbona, Director of the Makerere University Entrepreneurship and Outreach Centre (MakEOC), noted that the congress serves as a bridge connecting students directly with established industry titans and government regulators.
She emphasized that Makerere must nurture an internal culture where students graduate with viable businesses rather than just job applications.
“Every student from Makerere University should leave the university with an idea, a company, or an innovation that is going to help them transform their lives,” Dr. Bimbona stated.
She called for the creation of dedicated, well-equipped campus innovation spaces to help students transition their conceptual models into sustainable, job-creating enterprises.
Turning Ideas into Viable Businesses
A major highlight of the congress was a high-level panel discussion, moderated by Dr. Sarah Bimbona, which focused on transforming raw concepts into market-ready ventures capable of attracting customers, investments, and strategic partners.
The panel brought together key experts from finance, media, tech, and regulation, including:
- Mr. Hannington Musimenta, Manager of Programme Development at Uganda Development Bank (UDB)
- Ms. Lorraine Tukahirwa, Head of Marketing and Communications at Vision Group
- Mr. Boris Mugisha, Co-founder and Head of Operations at Tubayo
- Mr. Ronald Tumuhairwe, Public Procurement and Disposal of Public Assets Authority (PPDA)
The panelists collectively underscored that generating a brilliant idea is only the first step. To survive, entrepreneurs must pivot toward building business models grounded in real market demand, strict financial discipline, and deep customer trust.
Rather than waiting for massive capital, the experts encouraged aspiring youth entrepreneurs to start with manageable operations, maintain impeccable financial records, and seek institutional mentorship to scale sustainably based on proven performance.
Youth-Driven Innovation
Sharing her personal entrepreneurship journey, Ms. Devin Ester Ambayo, a student leader and entrepreneur at Makerere University, encouraged her peers to look closely at local problems and transform them into sustainable business opportunities.
She applauded CoBAMS for organizing the congress, noting that the event provides a vital platform for students to build confidence, master pitching skills, and network directly with seasoned industry figures.
The 4th Entrepreneurship Congress was moderated by Dr. Kasimu Ssendawula, a faculty member at CoBAMS, who was assisted by student co-moderators Ms. Yvonne Nakungu and Ms. Connie Nansubuga.
Precursor to the 10th Annual Students’ Expo
The successful conclusion of the 4th Uganda-Makerere Entrepreneurship Congress lays fertile ground for the 10th Annual Makerere University Students’ Entrepreneurship and Innovation Expo, scheduled for 30th October 2026 at the Freedom Square.
Running from 8:00 AM to 5:00 PM, the landmark expo provides a massive platform for over 900 students to showcase their entrepreneurial and innovation potential.
The student exhibitors and young entrepreneurs are drawn from the following academic programmes across the university, including:
- Bachelor of Commerce (Year 1)
- Bachelor of Business Administration (Year 2)
- Bachelor of Arts with Education (Entrepreneurship)
-
General1 week agoADVERT: Mature Age Entry Scheme Examinations – 2027/2028
-
Agriculture & Environment1 week agoWhat two weeks with Farmers in Mwera, Mityana, taught Makerere’s PhD Students about Agricultural Innovation
-
General1 week agoMURBS Presents FY 2025/26 Performance with 15% Growth
-
General6 days agoCoNAS Staff & Students Sensitized on Gender Equality, Sexual Harassment Policies
-
General1 week agoGender Sensitization Session to Strengthen Gender-Responsive Practices conducted at CoVAB