PIM centre trains 40 in financial analysis

The Public Investment Management Centre of Excellence has completed training for over 40 officers in financial analysis of public investment. The training has equipped them with the necessary skills to make informed decisions and effectively evaluate investment opportunities. The 2-week training (Jan 29–Feb 9) took place in Jinja, and covered topics such as financial modeling, risk assessment, and investment strategies. Speaking at the close of the training, Prof. Edward Bbaale, the principal investigator, said the students have gained valuable skills and knowledge that will enable them to confidently analyze and make informed decisions regarding investment opportunities. “The training has been a great success, and we believe it will have a lasting impact on their future careers,” Prof. Bbaale said. He appreciated the faculty members who were drawn from Makerere University, the Ministry of Finance, Planning, and Economic Development, the National Planning Authority, and Cambridge Resources International for their valuable contributions and commitment to the program. Prof. Bbaale called on the trainees to be ambassadors of the PIM cenrtre of Excellence. He emphasized the importance of spreading knowledge and promoting the program’s mission. He also encouraged them to actively engage with stakeholders and help build partnerships for the further success of the program.

Some of the over 40 participants pose for a group photo with the centre manager, Dr. Kagarura Willy (Squatting Front Row Centre). Financial Analysis of Public Investment Training by the PIM Centre of Excellence, CoBAMS, Makerere University, 29th Jan-9th February 2024, Jinja, Uganda, East Africa.

Prof. Bbaale thanked the government of Uganda through MoFPED for the financial support towards the centre’s activities, which include training and capacity building, research, and advisory services to the government. Additionally, he expressed gratitude to the dedicated staff members and participants for their commitment and contributions to the program’s achievements. He thanked the centre manager, Dr. Kagarura Willy for his exceptional leadership and guidance throughout the program. On this part, the Dean, School of Economics, Prof. Ibrahim Mike Okumu expressed his gratitude to all the stakeholders involved. He called on the participants to be good ambassadors of the centre. He also encouraged them to utilize the knowledge gained from the program to make a positive impact in their respective fields. He emphasized the importance of collaboration and knowledge sharing for the advancement of their professions.

Participants in session. Financial Analysis of Public Investment Training by the PIM Centre of Excellence, CoBAMS, Makerere University, 29th Jan-9th February 2024, Jinja, Uganda, East Africa.

One of the officials that undertook the training, Mr Nicholas T, expressed his gratitude for the opportunity and stated that he is committed to applying the skills and insights acquired to drive innovation and excellence at his job. He believes that through collaboration and knowledge sharing, professionals can collectively work towards the advancement of their professions.

Participants tour the Source of the Nile Project Construction site. Financial Analysis of Public Investment Training by the PIM Centre of Excellence, CoBAMS, Makerere University, 29th Jan-9th February 2024, Jinja, Uganda, East Africa.

The centre trained over 40 participants from government Ministries, departments, and private organizations. The team undertook field studies at the Source of the Nile construction project and the Nalubale Electricity Generation Plant.

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