Prof. Sarah Ssali (4th Left) with Left to Right: Dr. Patricia Ndugga, a member of staff, Prof. Edward Bbaale, Assoc. Prof. James Wokadala, Assoc. Prof. Faisal Buyinza and Dr. William Tayeebwa at the CoBAMS Working Paper Series 2025 launch on 4th December 2025.
On 4th December 2025, the Deputy Vice Chancellor for Academic Affairs, Prof. Sarah Ssali launched the College of Business and Management Sciences (CoBAMS) Working Paper Series, a research product aligned with the UN Sustainable Development Goals (SDGs), Uganda’s 10-fold National Economic Growth Strategy (ATMS), and the Makerere University Strategic Plan.
Invited guests, staff, students, and members of the media gather at the CoBAMS to witness the official launch ceremony.
The Series consists of over 60 research papers, many of which have already been accepted in internationally recognised peer-reviewed journals. The publications cover a broad spectrum of national priorities, including unemployment, climate change, population dynamics, taxation, entrepreneurship, public investment, corruption, refugee livelihoods, and the green economy.
The Makerere University Deputy Vice Chancellor for Academic Affairs, Prof. Sarah Ssali addressing the participants who convened at the CoBAMS Conference Hall to witness the launch of the CoBAMS Working Paper Series.
Addressing the participants comprising invited guests, staff, students and the media, who convened at the CoBAMS Conference Hall to witness the launch, Prof. Ssali commended the College leadership and staff for championing Makerere’s research vision. “Today is a landmark moment in the life of Makerere University,” she declared. She emphasized that Makerere’s move toward a research-intensive identity was deliberate. “A few years ago, we made a bold and historic decision to reorient the University toward research and innovation. Today’s launch is evidence that this decision has taken root—especially within CoBAMS.”
Prof. Ssali praised the College for providing a modest annual research grant to faculty members, an initiative that produced more than 60 working papers in the 2024/2025 financial year.
She urged the College to transition the Working Paper Series into homegrown journals, adding: “If you can produce 60 papers this year and 80 next year, you have enough content for at least three journals. Journals raise our visibility, raise our H-index, and ensure that anyone researching Uganda finds homegrown scholarship.”
The Deputy Vice Chancellor (Academic Affairs) highlighted pressing national issues requiring academic inquiry. “Uganda’s economy grows, but unemployment remains high. When we celebrate entrepreneurship, we are often celebrating survival. These are questions this Series must help confront.”
She also pointed to the importance of research in shaping national discourse: “If people are hungry and unemployed, they will go to the streets. We cannot sit here speaking English and pretend these issues will disappear.”
We are proud of this collective achievement
The Principal of CoBAMS, Prof. Edward Bbaale, described the Series as a major achievement rooted in collective effort and consistent commitment to research excellence. “What we are celebrating today is the result of your collective effort,” he told faculty. “This Working Paper Series is a nursery bed for journal articles, book chapters, and future scholarly outputs.”
The Principal of CoBAMS, Prof. Edward Bbaale giving his remarks at the launch of the working paper series.
He revealed that for the upcoming(2026) paper series, the College has funded over 90 research concepts and expects to produce more than 80 working papers in the 2025/2026 cycle.
Prof. Bbaale emphasised that the College’s four research centres—in Entrepreneurship and Innovation, Statistics and Demography, Public Investment Management, and the Environment for Development Initiative—form a strong foundation for sustained knowledge production. “These centres anchor high-level research, policy engagement, and interdisciplinary collaboration. They are the backbone of our research ecosystem.”
This journey started with a modest grant
The Deputy Principal of CoBAMS, Associate Professor James Wokadala, giving his remarks about the working paper series by tracing the Origins and its impact on Research.
Associate Professor James Wokadala, the Deputy Principal, traced the origins of the Series to a small but impactful College research grant introduced in November 2024. “This afternoon is a very important day for us. This Series is the product of our internal efforts and internal resources,” he said. “By May this year, the working papers had already been finalised by the various principal investigators.”
He noted that each paper went through school-level presentations, editorial checks, and harmonisation before being accepted into the Series. “Today, we are launching 60 of those papers, with many more to follow.”
Dr. William Tayeebwa, Chief Managing Editor of Makerere University Press, praised the College’s output and pledged the Press’s support in transforming the papers into high-quality books and journal articles. “The topics and issues contained in the Working Paper Series confirm that CoBAMS is truly a powerhouse of knowledge production.”
He committed to working closely with the College: “We can convert these working papers into journal articles, special issues, and thematic book volumes within six months. Makerere University Press stands ready to support you.”
Dr. Tayeebwa highlighted the broad range of topics covered—refugees, Myooga, malaria, tax compliance, corruption, and more—describing the Series as “a rich intellectual nursery bed.”
PhD Forum: Building the next generation of researchers
Ms. Sylvia Namujjuzi, Assistant Lecturer and Vice President of the CoBAMS PhD Students Forum.
Speaking on behalf of postgraduate students, Ms. Sylvia Namujjuzi, Assistant Lecturer and Vice President of the CoBAMS PhD Students Forum, emphasised the importance of peer support in research training. “The PhD journey can be lonely,” she said. “This Forum brings students from the three Schools together to network, share knowledge, organise seminars, and hold mock defences.”
Prof. Ssali reaffirmed the University’s commitment: “As Makerere University positions itself among leading research institutions globally, initiatives such as the CoBAMS Working Paper Series give concrete meaning to our strategic vision.”
She officially launched the Series with a call for sustained excellence: “May it grow, mature, and inspire a new generation of researchers. May it elevate Makerere University’s intellectual footprint.”
The two-week training programme aims to equip government officers with practical skills to assess project viability, manage investment risks and ensure public resources deliver value for money.
The Public Investment Management Centre of Excellence (PIM CoE) is strengthening the capacity of government officers to undertake financial appraisal and risk analysis of public investment projects through a two-week training programme designed to improve the quality of project preparation, appraisal and decision-making in Uganda.
The training, which started in Fort Portal on October 19, 2026, brought together participants from various government ministries, departments and agencies (MDAs), alongside facilitators from Makerere University, the Ministry of Finance, Planning and Economic Development, Cambridge Resources International (CRI), the National Planning Authority and the Uganda Development Bank.
Officially opening the training on behalf of the Permanent Secretary/Secretary to the Treasury, Ms Esther Ayebare, Acting Assistant Commissioner in the Project Analysis and Public Investment Department of the Ministry of Finance, Planning and Economic Development, emphasised the importance of rigorous project appraisal in strengthening Uganda’s public investment management system.
She noted that projects admitted into the public investment plan must be aligned with national priorities, technically sound, financially viable and capable of delivering value for money.
“Government must be able to compare investment alternatives and ensure that only viable projects proceed through the public investment process,” she emphasised.
Ms Esther Ayebare, Acting Assistant Commissioner in the Project Analysis and Public Investment Department of the Ministry of Finance, Planning and Economic Development
Ms Ayebare explained that sound appraisal enables government to make informed investment decisions, maximise returns on public expenditure and ensure that limited public resources are directed towards projects with the greatest potential to deliver development outcomes.
Building practical skills for better investment decisions
The training builds on the Public Investment Management course conducted in June, which introduced participants to Uganda’s public investment management framework, including project conceptualisation, stakeholder analysis, project costing, implementation action plans, the Integrated Bank of Projects, and monitoring and evaluation of public investment reforms.
The current programme advances this foundation by equipping participants with technical competencies in financial appraisal, financial modelling and risk analysis.
Participants will explore integrated investment appraisal, alternative investment criteria, cash-flow statements, inflation and exchange-rate movements, asset valuation, project financing, project scale and timing, risk-sharing arrangements and cost-effectiveness analysis.
Through practical exercises and case studies, participants will apply these concepts to investment scenarios in sectors such as roads, health, education and water. The programme will also examine how climate change, social considerations and other risks can be integrated into project preparation and appraisal.
Ms Ayebare encouraged participants to engage actively with the facilitators, question the practical application of the tools and consider how the skills acquired could improve investment decisions within their respective institutions.
She also reminded participants that the programme includes an examination and that certification requires more than attendance. Participants are expected to demonstrate an understanding of the concepts and acquire practical skills that they can apply in their work.
Reducing dependence on externally prepared studies
A key objective of the training is to strengthen the ability of government institutions to undertake high-quality project appraisal studies using their own technical teams.
Public officers gather for a specialized training session at the Public Investment Management Center of Excellence (PIM COE) to enhance their skills in making sound and strategic public investment decisions.
Ms Ayebare observed that many studies submitted to the Development Committee have traditionally been prepared by external consultants, often at considerable cost. Building the capacity of public officers to conduct these studies independently can help institutions strengthen their technical expertise and improve the quality of project proposals presented for consideration.
She urged participants to take full advantage of the facilitators’ expertise and return to their institutions equipped to undertake sound financial appraisals and provide evidence-based advice to decision-makers.
She further emphasised that project approval requires thorough preparation, analysis and justification, rather than simply identifying available funding and proposing a project to utilise it.
Strengthening public investment management through capacity development
In his remarks, Prof. Edward Bbaale, Director of the PIM CoE, thanked the Ministry of Finance for its financial support and for identifying participants from government institutions. He also recognised the contributions of the facilitators and partner institutions in delivering the programme.
Prof. Edward Bbaale, Director of the PIM CoE
Prof. Bbaale noted that the Centre’s work extends beyond training to include research and advisory services aimed at improving public investment management practices. He encouraged continued collaboration with government institutions and other partners to advance research, knowledge sharing and capacity development.
Speaking during the training, Dr John Sseruyange, Manager of the PIM CoE, highlighted the importance of commitment, active participation and punctuality throughout the programme. He encouraged participants to engage with the facilitators, ask questions and apply the knowledge gained to the projects they support.
Dr Sseruyange also acknowledged the Government of Uganda, through the Ministry of Finance, Planning and Economic Development, for financing the training, and appreciated Cambridge Resources International for its continued support towards improving public investment preparation and analysis in Uganda.
The training reflects ongoing efforts to strengthen Uganda’s public investment management system by equipping public officers with the knowledge and practical competencies needed to assess projects rigorously, identify potential risks and make informed investment decisions.
By developing in-house expertise across government institutions, the programme seeks to contribute to better-prepared projects, more efficient use of public resources and improved delivery of Uganda’s development priorities.
Makerere University has signed a Memorandum of Understanding (MoU) with the World Association of Noonomy, setting the pace for academic collaboration, research and the establishment of a Centre of Excellence for Noonomy in Africa.
On behalf of Makerere University, the MoU was signed by Professor Sarah Ssali, Deputy Vice Chancellor (Academic Affairs), during the World Congress on Noonomy held in Rome, Italy, from 16th-19th September 2026, paving the way for the establishment of a dedicated institute of Excellence for Noonomy at College of Business and Management Sciences (CoBAMS).
Uganda was the only African country represented at the World Congress on Noonomy, with a Makerere University delegation including Prof. Sarah Ssali-Deputy Vice Chancellor (Academic Affairs), Prof. Edward Bbaale-Principal College of Business and Management Sciences (CoBAMS), Dr Peter Babyenda-Lecturer at the School of Economics and Policy Engagement Coordinator, College of Business and Management Sciences (CoBAMS), and Mr. Tonny Mayambala Sebbaggala, a Ugandan Economist based in Russia.
Prof. Sergey Bodrunov (L) and Prof. Sarah Ssali (R) signing the MoU on 19th September 2026 in Rome, Italy.
Commenting on the development, the Vice Chancellor, Professor Barnabas Nawangwe said, “By signing this MoU, the African Centre for Noonomy has been established at Makerere University. This adds to the growing number of African continental research centres that are coordinated by Makerere University. Makerere is clearly a leader on the Continent.”
The MoU signed on 19th September 2026 in Rome-Italy, builds on the inaugural conference on Noonomy, held in Uganda on 20th August 2026 at Makerere University under the theme, “The Theory of Noonomy and its Role in Resolving Modernity Issues: Pathways to Sustainable Social and Economic Transformation.”
At the Global Congress of the World Association of Noonomy, the scholars from Makerere University delivered three (3) presentations focusing on Noonomy and development challenges in East Africa, the transition from informal to formal employment, and the role of universities in advancing Noonomy.
About the Theory
The Theory of Noonomy is an emerging theoretical approach developed by Professor Sergey Bodrunov, Director of the S.Y. Witte Institute, which examines the changing relationship between knowledge, technology, production and human development. The theory places emphasis on knowledge and human potential as important drivers of development, while highlighting humanistic values and solidarity in shaping economic and social progress.
Advancing Alternative Economic Thought in Africa
Speaking at the Annual gathering in Rome, Prof. Sarah Ssali described Makerere University’s partnership as a great honour, highlighting the importance of creating space for broader theoretical perspectives on political economy and the global economy.
Reflecting on the evolution of political science and political economy studies, Prof. Ssali noted that following the era of Glasnost and Perestroika, free-market ideology and neoliberalism became increasingly dominant in global economic thinking.
“This dominance created a need for scholars to critically examine both the opportunities and limitations of market-based approaches,” she said.
She welcomed the opportunity to explore alternative ways of understanding the world, including not only the material relations of production, but also the material relations of consumption.
Prof. Edward Bbaale.
Prof. Ssali also acknowledged the Witte Institute for initiating the initiative and for choosing Makerere University as a key partner on the African continent.
She said Makerere University plans to establish a dedicated centre focused on the emerging area of study, with the institution aiming to launch the centre in February 2027.
“We hope the centre will become a leading African platform for research, teaching and dialogue on these issues,” she asserted.
Prof. Ssali noted that the ideas emerging from the Kampala meeting (held on 20th August 2026) are already being incorporated into Makerere University’s theoretical classes, with plans to substantially expand the initiative following the establishment of the centre of excellence.
She reaffirmed Makerere University’s commitment to the partnership and to expanding scholarly engagement on alternative approaches to political economy.
Call for Growth that Advances Social Welfare
Delivering the presentation titled: “The Role of Noonomy in Addressing Development Challenges in East Africa,” Prof. Edward Bbaale, Principal of the Makerere University College of Business and Management Sciences (CoBAMS), explored the potential of Noonomy as an alternative framework for understanding and addressing persistent development challenges in East Africa.
Prof. Bbaale noted that the approach contributes to emerging academic discussions on how economic systems can better connect economic growth with social wellbeing and inclusive development outcomes in the region.
“The study contributes to emerging academic discussions on how economic systems can better link economic growth with social wellbeing and inclusive development outcomes in the region,” he said.
Prof. Edward Bbaale makes his presentation.
The paper was co-authored with Dr Peter Babyenda and formed part of the scholarly contributions presented at the World Congress on Noonomy in Rome, Italy.
Prioritizing Human-Centred Development
Dr Peter Babyenda said Makerere University’s participation in the World Congress on Noonomy in Rome marked an important step in the University’s international engagement with the Theory of Noonomy.
“The engagement paves the way for establishing a Centre of Excellence for Noonomy at the School of Economics, under the College of Business and Management Sciences (CoBAMS),” he stated.
Dr Babyenda explained that the Theory of Noonomy places human welfare at the centre of development, arguing that development should be assessed not only through productivity and infrastructure, but also by how it improves people’s wellbeing.
He said consumption, knowledge transfer and solidarity are important considerations, including in the application of emerging technologies such as Artificial Intelligence.
Dr Babyenda revealed that Uganda has been offered an opportunity to host an upcoming World Congress on Noonomy, which he said could bring together participants from more than 55 countries and create opportunities for academic exchange, industry engagement and international visibility for Uganda.
He called upon the academia and industry to collaborate with Makerere University in advancing its engagement with the emerging field.
The Signing of the MoU at the Global Congress of the World Association of Noonomy marks a milestone in Makerere University’s efforts to contribute to international scholarly discussions on alternative approaches to understanding economic systems and development.
Makerere University once more leads the African continent in pioneering working with the Theory of Noonomy by signing a Memorandum of Understanding (MoU) with the World Association of Noonomy on 19th September 2026 during its Annual gathering in Rome, Italy.
The MoU was signed on behalf of Makerere by the Deputy Vice Chancellor in charge of Academic Affairs (DVCAA) Prof. Sarah Ssali and Prof. Sergey Bodrunov who developed the Theory of Noonomy. In attendance at the gathering and MoU signing were the Principal, College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale, Dr. Peter Babyenda-CoBAMS, and Ugandan Economist based in Russia, Dr. Tonny Mayambala-Sebbaggala.
Commenting on the development, the Vice Chancellor, Prof. Barnabas Nawangwe said, “By signing this MoU, the African Centre for Noonomy has been established at Makerere University. This adds to the growing number of African continental research centres that are coordinated by Makerere University. Makerere is clearly a leader on the Continent.”
The Theory of Noonomy is effectively a Political Economist Approach to studying the material relations of production and consumption, for a more sustainable world.