On 18th October 2024, the Research and Education Network for Uganda (RENU) was honored to be recognized as the best in Uganda in the Small and Medium-Sized Enterprises (SME) category at the prestigious Corporate Governance Awards. The event, organized by the Institute of Corporate Governance of Uganda (ICGU), took place at the Sheraton Kampala Hotel during the 3rd Annual Corporate Governance Awards.
In addition to RENU’s recognition, several other leading organizations were celebrated at the event. Uganda Breweries Limited received the award for Large Private Sector Enterprise and was honored with the coveted Overall Corporate Governance Award. Stanbic Bank Uganda topped the Banks & Microfinance Institutions (MBIs) category and also received the Resilience Award, while UAP Old Mutual secured first place in the Insurance Companies category, among others.
This year’s event, themed “Recognizing Resilience and Sustainable Impact,” honored organizations that have demonstrated exceptional corporate governance practices, promoting transparency, accountability, and strong leadership across various sectors. The theme also underscored the importance of resilience and sustainability, especially in the post-pandemic era, where adaptability and long-term impact are crucial to organizational success.
Winning the SME category is a testament to RENU’s commitment to strong governance. As a not-for-profit organization serving education and research institutions, RENU has consistently prioritized transparency, accountability, and ethical leadership. These values are deeply embedded in every aspect of the organization’s operations and service delivery. Key governance practices, including robust decision-making processes, financial accountability, the integration of Environmental, Social, and Governance (ESG) principles, and a steadfast commitment to ethical standards, have been pivotal in RENU’s sustainable growth over the years.
We congratulate the current RENU Board headed by Rev. Prof. John Mulindwa Kitayimbwa, for this well-deserved recognition and extend our appreciation to the previous Boards whose visionary leadership laid the foundation for the strong governance structures RENU maintains today. The current RENU Board members are:
Rev. Prof. John Mulindwa Kitayimbwa – Uganda Christian University
Prof. Janice Desire Busingye – Kampala International University
Prof. Charles Tushabomwe-Kazooba – Mbarara University of Science and Technology
Mr. Ronald Ddungu – Ministry of Education and Sports
Dr. Cyprian Misinde – Makerere University
Dr. Olive Sabiiti – Cavendish University
Prof. Moses Muhwezi – Makerere University Business School
Dr. Martin Patrick Ongol – Uganda National Council for Science and Technology
Dr. Nora Mulira – National Council for Higher Education
Mr. Andrew Otim – Uganda Communications Commission
For RENU’s member institutions, this award is a strong affirmation that the organization’s governance is robust and secure. It also highlights RENU’s resilience in overcoming challenges, including navigating the global COVID-19 pandemic while expanding its services and strengthening its operational frameworks. Our commitment to sustainable governance ensures that members continue to benefit from innovative solutions, enhanced connectivity, and improved support, with confidence that their contributions are managed transparently and responsibly.
As we celebrate this achievement, RENU reaffirms its dedication to upholding the highest standards of governance and pursuing even greater accomplishments in the future. Our members can trust that RENU is well-governed and will continue to focus on initiatives that enhance both organizational performance and the value provided to the institutions we serve.
