Thirty public officers from various Ministries, Departments and Agencies (MDAs) have successfully completed a two-week intensive training in Integrated Regulatory Cost-Benefit Analysis (IRCBA), culminating in the award of certificates at a closing ceremony held on 27th February 2026 at the Pearl on the Nile Hotel in Jinja.
The training was jointly organized by the Public Investment Management Centre of Excellence at Makerere University and the Ministry of Finance, Planning and Economic Development (MoFPED), in collaboration with the Infrastructure and Social Services Department (ISSD) and the National Planning Authority (NPA). It focused on operationalizing the Revised Guidelines for the Issuance of Certificates of Financial Implication (CFIs), which came into effect on 1st July 2025.
A Strategic Reform for Fiscal Credibility
In closing remarks delivered on by Commissioner Paul Patrick Mwanja behalf of the Permanent Secretary/Secretary to the Treasury, participants were commended for undertaking the training during a demanding budget cycle, when many MDAs are simultaneously preparing the FY 2026/27 Budget, executing the FY 2025/26 Budget, and implementing the National Development Plan IV and the Tenfold Growth Strategy.
Commissioner Mwanja presents a certificate to one of the participants Kayemba Jonah Fred.
The PS/ST emphasized that the revised Guidelines mark a significant shift toward a more transparent, data-driven, consultative, and analytically rigorous approach to evaluating policy and legislative proposals. Participants were equipped to assess fiscal implications, evaluate economic and socio-economic impacts, analyze distributional effects, and address uncertainty using structured analytical tools.
They were reminded that training alone is not sufficient, the real test lies in consistent application. As members of the third cohort, they were challenged to serve as reform ambassadors, championing evidence-based policymaking and strengthening analytical standards across government.
Bridging Academia and Public Service
Delivering the official closing remarks, the Director of the PIM Centre of Excellence, Prof. Edward Bbaale, commended participants for their active engagement and unwavering commitment throughout the training.
He described the programme as both timely and strategic, designed to equip officers with practical tools to prepare robust Statements of Financial Implication (SFIs) that support credible issuance of CFIs. He noted that strong financial analysis enhances fiscal discipline, policy coherence, and the overall quality of legislation and public policy in Uganda.
Prof. Bbaale underscored the longstanding partnership between Makerere University and the Ministry of Finance, highlighting how it continues to bridge academia and public service by combining analytical rigor with practical policy experience. He emphasized that the collaborative model — bringing together faculty from the College of Business and Management Sciences and practitioners from Government, reflects the core vision of the PIM Centre of Excellence: strengthening national systems through evidence-based policymaking.
Commissioner Mwanja presents a certificate to one of the participants Nanyonga Elizabeth Kutesa. In the background is Prof. Edward Bbaale.
During the two weeks, participants gained hands-on experience in applying cost-benefit analysis across four critical dimensions: budgetary analysis, socio-economic analysis, distributive impacts, and risk assessment. Prof. Bbaale encouraged them to return to their institutions as agents of transformation, improving evaluation frameworks, strengthening regulatory decisions, and ensuring that public interventions deliver value for money and long-term development impact.
He also reaffirmed the Centre’s broader mandate beyond training, noting its recent support to the revision of Development Committee Guidelines, assessment of public investment performance since NDP I, and hosting of the Second Public Investment Management Conference in August 2025.”
Building from “Zero Kilometre”
Earlier, the Manager of the PIM Centre of Excellence highlighted the practical approach adopted during the training. Participants began with blank Excel sheets and built analytical models from scratch, likened to the engineering concept of starting at “zero kilometre,” where construction begins from the very starting point and progresses step by step.
The interactive sessions enabled participants from diverse disciplines, including policy analysts, planners and statisticians, to interrogate assumptions, refine costing approaches, and debate implementation and enforcement frameworks. Their sector-specific insights enriched the learning process and strengthened the analytical models developed.
The Manager noted that excellence is not about knowing everything, but about bringing together the right expertise. Facilitators from MoFPED, NPA, the Office of the President, and Makerere University ensured that theory remained grounded in practical government realities.
Participants Applaud Practical and Engaging Sessions
Speaking on behalf of the cohort, a participant described the training as highly engaging and transformative. The combination of theory and practical application, coupled with patient facilitation, allowed officers from varied professional backgrounds to learn from one another.
Some of the Participants that took part in the training.
The participant highlighted the final day’s discussions as the most impactful, expressing confidence that the knowledge gained would enhance policy analysis and improve the quality of programmes and projects across MDAs.
Certificates Awarded
The ceremony concluded with the award of certificates to all 30 participants in recognition of their successful completion of the IRCBA training. The certification marks another milestone in Government’s effort to build a critical mass of experts capable of institutionalizing rigorous financial and economic analysis in public policy processes.
As the workshop was formally declared closed, participants were encouraged to apply their newly acquired skills consistently, mentor colleagues, and contribute to strengthening fiscal governance across Government.
The PIM Centre of Excellence reaffirmed its commitment to continuous research, policy advisory support, and capacity building as Uganda advances toward more credible, transparent, and sustainable public decision-making.
Arising from an existing Memorandum of Understanding (until September 2028) between University of Padova, Italy (UniPd) and Makerere University (Mak), the two institutions partnered and will jointly implement the Bilateral Agreement for the mobility for students between 2026 and 2027. At Mak, the Departmental Flow Coordinator is Symon Peter Wandiembe (PhD) and the project Principal Investigator and Contact Person is Saint Kizito Omala (PhD), both of Department of Statistical Methods and Actuarial Science (DSMAS).
In this regard, the Department of Statistical Methods and Actuarial Science wishes to announce opportunities for student mobility to the Department of Statistical Sciences, University of Padova, Italy for the Winter Semester, October 2026 – January 2027.
The selection process shall entail five-steps:
Step 1: Submission of documents by candidates for nomination, with an internal deadline of April 20th, 2026, 05.00 p.m. (EAT) to allow for time to process nomination applications;
Step 2: Meeting of the Nomination Committee to review documents received from applicants;
Step 3: Submitting the list of nominated candidates, by April 30th, 2026, to the International Projects and Mobility Office of the University of Padua, Italy;
Step 4: Eligibility check and communication to successful candidates by the International Projects and Mobility Office of the University of Padua, Italy; and
Step 5: Application for the Mobility opportunity by successful candidates.
Please see download for detailed call.
Inquiry
S.K. Omala via +256 772 491545 before April 20th, 2026.
On Wednesday 8th April 2026 the Principal of the College of Business and Management Sciences (CoBAMS), Prof. Edward Bbaale received and welcomed, Dr. Sizile Makola, a Senior Lecturer in Human Resource Management from the University of South Africa (UNISA), to the College and Makerere University.
The interaction meeting held in the Office of the Principal brought onboard the following members of staff from the Department of Marketing and Management, School of Business: Dr. Jude Mugarura, Dr. Zaina Nakabuye, Dr. Agnes Sansa, and Dr. Anthony Tibaingana.
Dr.Sizile Makola is visiting Makerere University for two (2) weeks to cement the MoU between Makerere University and UNISA and to finalise her comparative studies with staff from the department of marketing and management on behalf of Makerere University for the Ugandan context.
Dr. Makola is scheduled to deliver an interactive guest lecture to undergraduate and postgraduate human resource management students on Friday 10th April 2026 from 2:00pm to 4:00pm in the School of Business, Conference Hall.
On 1st April 2026, the Principal of the College of Business and Management Sciences (CoBAMS) at Makerere University, Professor Edward Bbaale hosted a delegation from the World Bank for a strategic partnership engagement ahead of the African Meeting of the Econometric Society scheduled to take place in June 2027. The International engagement will be preceded by the Econometric Society Summer School.
Focusing on macroeconomic stability, productivity, climate resilience, and youth employment, the African Meeting is expected to attract over 400 national and international participants. The Meeting has been deemed critical in advancing research and policy dialogue as well as planning and development across the continent.
The World Bank delegation consisted of Hassan Zaman-Regional Director for East Africa, Cyril Desponts-Country Senior Economist, and Liz Mukasa Samula-Country Economist. During the introduction, Liz Mukasa Samula stated that she is a proud alumnus of Makerere University, specifically, the College of Business and Management Sciences (CoBAMS).
At the College level, the meeting brought onboard, Professor Edward Bbaale, Associate Professor Eria Hisali, Associate Professor Ibrahim Mike Okumu, and Ritah Namisango.
Presentation by Mak CoBAMS
Welcoming the delegation, Prof. Bbaale presented the College of Business and Management Sciences as a centre of excellence in teaching and learning, research, policy engagement, knowledge transfer, and entrepreneurship. Prof. Bbaale informed the delegation about the great works under the School of Economics, School of Business, and the School of Statistics and Planning.
Highlighting the purpose of Mak CoBAMS in line with the strategic meeting, Prof. Bbaale explained that the World Bank is a leader in applied research, policy design, and capacity building, and therefore, as partner, they would enrich the discussions aimed at hosting a successful and impact-driven African Meeting of the Econometric Society. In addition, the partnership would present an opportunity to shape policy dialogue and engage Africa’s next generation of economists.
He added that at the national level, the Bank of Uganda, National Planning Authority, and the Ministry of Finance, Planning and Economic Development had agreed to be partners.
Acknowledging that scholars, researchers and participants in general, would be delighted to engage with an authority in the discipline, Prof. Bbaale proposed a Policy Round Table moderated by the World Bank.
Building on Prof. Bbaale’s remarks, the Dean of the School of Economics, and a Member of the Global Organizing Committee, Associate Professor Ibrahim Mike Okumu, highlighted that partnership with the World Bank would strengthen the research-policy interface at scale.
At the strategic level, the Dean of the School of Economics, articulated that the partnership would establish a lasting platform to strengthen the role of economic research in development policy across Africa. He noted that some of topics, papers and research, would focus on African economics and development. He pointed out that the international engagement with participants from across the globe provides an opportunity to inform policy briefs on a wide range of topics
Contributing to the discussion, Associate Professor Eria Hisali, submitted that the Journal Publications under the World Bank would provide possible outlets for the dissemination of information and knowledge generated during the African Meeting of the Econometric Society.
Presentation by the delegation from the World Bank
The Regional Director for East Africa, Hassan Zaman, was pleased to visit Makerere University, an institution that has significantly contributed to knowledge creation and transfer as well as development.
Responding to the presentation from the College of Business and Management Sciences, Zaman welcomed the idea of potential collaboration. “Based on our knowledge bank perspective, it is of interest to engage.”
Specific to Africa, Zaman emphasized the need for topics on econometrics to be presented by experts from the continent. He welcomed the proposals on a Policy Round Table, Impact-driven Policy briefs, participating in the summer school, and representation of the World Bank on the Global Organising Committee.
Presentation on the Public Investment Management (PIM) Centre of Excellence
During the Strategic Partnership Meeting, the delegation expressed interest in collaborating with the Public Investment Management (PIM) Centre of Excellence based at Makerere University. “The World Bank will undertake a public investment review. Does the PIM Centre at Makerere University undertake analytical work?”
In response, the College team expressed readiness for collaboration with the World Bank. Consequently, the Principal of CoBAMS and his team, briefed the delegation on the PIM Centre of Excellence:
Its main focus is capacity building through training of government officials along the entire project cycle.
PIM Centre kicked off with seed funding from the World Bank. When the grant came to an end, Bank of Uganda came onboard to support.
The Centre undertakes capacity building, research, and policy engagements.
Every year in the month of August, Makerere University, College of Business and Management Sciences, in partnership with the Ministry of Finance, Planning and Economic Development (MoFPED), and the National Planning Authority (NPA), hold a PIM Conference.
Associate Professor Ibrahim Mike Okumu and Associate Professor Eria Hisali shared some of the ongoing research in the area of public investment management.
The Strategic Meeting concluded on a high note, with both parties not only acknowledging but receptive of the various prospects future collaboration and partnership presents.