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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
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    PostBank Interests Farmers, Kenyan and Zambian Delegation on Innovative Financial Solutions at Jinja Agricultural Exhibition

    Paul MurungiCompany NewsFinanceJuly 8, 2025July 8, 2025

    In a week-long agricultural exhibition that attracted farmers and Agri-Entrepreneurs from different districts across the country and the wider region, including a 10-women delegation from Kenya and a 3-women delegation…

    Vetaplan Chicken Directors Arrested Over UGX 758 Million Poultry Investment Scam

    Paul MurungiFinanceThe Big StoryJuly 4, 2025July 4, 2025

    The Capital Markets Authority has confirmed the arrest of two directors and an employee of “Vetaplan Chicken” following a major two-year investigation into an alleged investment scam that swindled over UGX…

    President Museveni Moves to Save Aponye’s Empire as Banks Close In

    Paul MurungiThe Big StoryJuly 4, 2025July 4, 2025

    President Yoweri Kaguta Museveni has officially stepped into the unfolding financial crisis surrounding Aponye (U) Ltd, one of Uganda’s largest agro-logistics conglomerates, directing urgent government intervention to address the company’s…

    Three Banks Move to Auction Late Billionaire Aponye’s Properties Over UGX 15 Billion Loan Arrears

    Paul MurungiFinanceThe Big StoryJuly 3, 2025July 3, 2025

    A consortium of commercial banks has initiated proceedings to auction off several prime properties belonging to the late billionaire businessman, Apollo Nyegamehe, popularly known as Aponye, in a sweeping debt…

    UGX 1 trillion Disbursed Through Wendi in PDM Rollout

    Paul MurungiCompany NewsFintechsJuly 2, 2025July 2, 2025

    A trillion shillings has been disbursed to Parish Development Model (PDM) beneficiaries through Wendi, a digital wallet developed by PostBank Uganda, marking a significant milestone in Uganda’s push for financial…

    The Big Yellow Machine: Meet the MTN Exco Team Driving the Telecom’s Accelerated Growth

    Paul MurungiProfilesThe Big StoryJuly 2, 2025July 2, 2025

    Behind every billion-shilling leap in revenue, every surge in subscriber numbers, and every bold Fintech innovation at MTN Uganda is more than just strategy—it’s a story of people. A story…

    CEO Scorecard: Three Years of Mulinge at MTN Uganda – Redefining Growth Through Fintech and Voice Comeback?

    Paul MurungiFintechsICTThe Big StoryJune 30, 2025June 30, 2025

    When Sylvia Mulinge stepped into the CEO role at MTN Uganda in October 2022, the air crackled with expectation and a fair dose of apprehension.   It wasn’t just another leadership…

    Succession: How Petua and Joseline Kateeba Transformed Crest Foam into a Manufacturing Powerhouse  

    Paul MurungiProfilesThe Big StoryJune 27, 2025June 27, 2025

    In Uganda’s manufacturing landscape, where few family businesses live to see a second generation, the story of Crest Foam is a rare and remarkable show of resilience, reinvention, and a…

    How Wendi Wallet is Powering PDM’s Last Mile Cash Delivery

    Paul MurungiFintechsThought LeadershipJune 26, 2025June 26, 2025

    By George William Kiyingi In Uganda’s bold ambition to eradicate poverty and foster prosperity at the grassroots, the Parish Development Model (PDM) stands out as a transformative framework. Yet, no…

    MTN Uganda’s Record Profits Face Uncertain Future Amid Fintech Spin-Off

    Paul MurungiFinanceFintechsThe Big StoryJune 24, 2025June 24, 2025

    MTN in 2024 delivered yet another solid year, cementing its place as Uganda’s most profitable and actively traded listed company. With double-digit revenue growth and record earnings, the telecom giant…

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