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March 18, 2026
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    Paul Murungi

    About the Author

    Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

    His body of work has contributed to policy change in private and public companies.

    Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

    • @https://x.com/paulmurungiug
    • Send me an email!

    EADB Defends Auction of Nairobi Property in USD 9.1 Million Loan Dispute With Kenyan Borrower

    Paul MurungiThe Big StoryMarch 17, 2026March 17, 2026

    The East African Development Bank (EADB) has issued a detailed statement defending its decision to auction a Nairobi property belonging to Kenyan borrower Dari Limited, saying the sale followed years…

    Deal Makers: Meet Deloitte Advisors Behind Absa’s Acquisition of StanChart’s Wealth and Retail Business in Uganda

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 15, 2026March 15, 2026

    In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard…

    Pearl Bank Supports IUIU Students with Water Tanks and Food During Ramadan and Women’s Month

    Paul MurungiCompany NewsMarch 14, 2026March 14, 2026

    Pearl Bank, whose purpose is to foster prosperity for Ugandans, has donated water tanks and assorted food items to the Islamic University in Uganda (IUIU) in celebration of Ramadan and…

    After 29 Years in Court, Government Ordered to Pay UGX 512.9 Million in Kamuli Land Dispute

    Paul MurungiLegal & JusticeThe Big StoryMarch 13, 2026March 13, 2026

    Nearly three decades after a commercial farming project was halted by government officials and residents in eastern Uganda, the High Court in Jinja has ruled that government and several individuals…

    Building Financial Resilience: How CFO Arnold Ainebyona Is Positioning SanlamAllianz Life for Growth and Capital Strength

    Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 13, 2026March 13, 2026

    As the global insurance giants Sanlam and Allianz deepen their partnership across Africa, Uganda’s life insurance sector is entering a new phase of strategic alignment, capital strength and governance discipline. …

    Stanbic, Absa and Centenary Control Nearly Half of Uganda’s Bancassurance Market as Premiums Top UGX 302 Billion

    Paul MurungiBanking & Financial ServicesInsuranceThe Big StoryMarch 13, 2026March 13, 2026

    The bancassurance market is increasingly consolidating around a small group of dominant lenders, with Stanbic, Absa and Centenary emerging as the leading distributors of insurance through banking channels. The Insurance…

    Insurance Premiums Hit UGX 2.03 Trillion as Jubilee and Prudential Lead Life, SanlamAllianz and Old Mutual Dominate Non-Life

    Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 13, 2026March 13, 2026

    The insurance industry closed the fourth quarter of 2025 with gross written premiums of UGX 2.02 trillion, representing a 14.8% growth from UGX 1.76 trillion in the same period of…

    Inside the Balance Sheet: CFO Doreen Kyomugisha on Building Capital Strength and Financial Discipline at SanlamAllianz General Uganda

    Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 12, 2026March 12, 2026

    Doreen Kyomugisha leads the finance function at SanlamAllianz General Insurance Uganda as Chief Financial Officer, helping steer one of the country’s most significant insurance integrations following the merger between Sanlam…

    From Trainee to CEO: Alexander Mukasa’s Vision for the Next Chapter of SanlamAllianz Life Uganda

    Paul MurungiThe Big StoryMarch 11, 2026March 11, 2026

    Alexander Mukasa leads SanlamAllianz Life Insurance Uganda as Chief Executive Officer, guiding the life insurance arm of Africa’s largest non-banking financial services partnership at a pivotal moment for Uganda’s insurance…

    Who Is Rostam Azizi, the Tanzanian Billionaire Set to Take Control of Nation Media Group?

    Paul MurungiMedia & CommunicationThe Big StoryMarch 11, 2026March 11, 2026

    Tanzanian billionaire businessman Rostam Abdulrasul Azizi is set to become the new majority shareholder of Nation Media Group (NMG) after agreeing to acquire the controlling stake of 54.08% previously held…

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    Thought Leadership
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