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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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    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…

    Liberty to Exit Health Insurance Business in Uganda by 2026

    Paul MurungiBanking & InsuranceThe Big StoryJune 22, 2025June 22, 2025

    Liberty Life Assurance Uganda has announced a phased withdrawal from its health insurance business in Uganda, signaling a major realignment of its business priorities in East Africa. The development follows…

    Airtel Uganda Pays UGX 50.3 billion Dividend to NSSF

    Paul MurungiCompany NewsThe Big StoryJune 20, 2025June 20, 2025

    Airtel Uganda, a leading provider of telecommunications and mobile money services, today presented a dividend cheque of UGX 50.3 billion to the National Social Security Fund (NSSF). This significant payout follows…

    NSSF Projects UGX 3 Trillion in Income, UGX 25 Trillion in Assets at Close of Financial Year

    Paul MurungiFinanceThe Big StoryJune 20, 2025June 20, 2025

    The National Social Security Fund (NSSF) is projecting robust performance at the close of the Financial Year 2024/25, with income expected to reach UGX 3 trillion and assets under management…

    Audit Exposes Gaps in Financial Intelligence Authority: UGX 31.2 billion Spent, But Key Mandates Missed

    Paul MurungiFinanceThe Big StoryJune 19, 2025June 21, 2025

    Beneath the spotless surface of a perfectly balanced budget, the Financial Intelligence Authority (FIA) is grappling with deeper issues of missed targets, shifting priorities, and implementation failures, an audit report…

    Audit Exposes Deep Cracks in Microfinance Support Centre’s Lending and Performance Strategy

    Paul MurungiFinanceThe Big StoryJune 18, 2025June 21, 2025

    A damning audit into the operations of the Microfinance Support Centre Limited (MSCL) reveals a sobering trail of missed targets, poor loan recovery, underutilised funds, and a ballooning portfolio of…

    LAST DAYS: How UMRA Failed Uganda’s Most Vulnerable Borrowers

    Paul MurungiFinanceThe Big StoryJune 17, 2025June 21, 2025

    As the sun prepares to set on the Uganda Microfinance Regulatory Authority (UMRA), a withering report by the Auditor General lays bare a sobering truth.  In just 12 months before…

    Auditor General Questions URBRA Board’s Capacity to Run Retirement Benefits Sector

    Paul MurungiThe Big StoryJune 16, 2025June 21, 2025

    Behind the gleaming figures of a clean financial audit and commendable regulatory performance, the Uganda Retirement Benefits Regulatory Authority (URBRA) is grappling with internal cracks. URBRA regulates a sensitive sector…

    EXPLAINED: What’s New on Taxes in Uganda’s 2025/26 Budget?

    Paul MurungiPolitics & GovernmentThe Big StoryJune 12, 2025June 12, 2025

    Uganda has set an ambitious target to raise UGX 37.2 trillion in domestic revenue in the Financial Year (FY) 2025/26, representing a sharp increase from the projected UGX 31.9 trillion…

    MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

    Paul MurungiThe Big StoryJune 11, 2025June 11, 2025

    MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial…

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