Makerere University Business School (MUBS) is to construct a hostel worth $2m (about sh52b) in remembrance of the late industrialist James Mulwana.
MUBS principal Prof. Wasswa Balunywa has revealed
“MUBS council has decided to recognize the late honorary Prof. James Mulwana by constructing a building for the good he did for the business sector in this country,”
Balunywa told delegates attending the 10th annual enterprise conference in Kampala.
He revealed that the council met the family of the fallen industrialist on Wednesday and informed them of their decision.
He said Mulwana was an honest and hardworking person who brought innovations To Uganda as far as business was concerned.
“He was a law abiding citizen who acquired his wealth through hard work and innovation,” he said.
Balunywa said the late was a humble person who practiced corporate good governance who listened to people’s concerns.
The principal advised the government to initiate serious reforms in the education system to spur development.
He was responding to remarks by the chairman of Kampala City Traders Association, Everest Kayongo who said most universities are teaching students irrelevant subjects which are not related to business.
“I don’t agree with KACITA. Every subject is important in our life, whether it’s Geography, History. We need to encourage music and dance to promote our culture,” Balunywa said.
He said the current education system is training students who are only looking for the white collar jobs instead of being initiators of their own employment.
He appealed to Government to incorporate vocational education into the main stream education so that the former is not looked at as for only the failures.
“We should start technical education right from primary through secondary to the university level so that it becomes part and parcel of one’s life,” he said.
He also appealed to the government to invest more resources in research for the purposes of formulating policies that will guide the country instead of relying on the technocrats in government ministries.
The trade minister, Amelia Kyambadde commended MUBS for the hostel initiative in honour of Mulwana.
By Francis Emorut, The New Vision