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.
In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious…
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The Bank of Uganda (BoU) has opted to hold its Central Bank Rate (CBR) steady at 9.75% in its May 2025 Monetary Policy statement, citing a resilient domestic economy and…
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Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in…
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Airtel Africa has announced plans to list its Airtel Money unit to secure more capital as it seeks a top spot in the growing digital payments ecosystem across Africa, and…
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The European Patent Office (EPO) has selected two Ugandans as part of the top 10 global innovators for the first standalone edition of the Young Inventors Prize 2025. Sandra Namboozo and…
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In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending…
Absa Bank Uganda has announced the appointment of David Wandera as its new Managing Director, effective 5 May, 2025, following regulatory approval from the Bank of Uganda. He succeeds Mumba…
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MTN Uganda has announced a profit after tax (PAT) of UGX 181 billion for the first quarter ended March 31, 2025, representing a 20.6% year-on-year increase from UGX 150 billion…
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The Tax Appeals Tribunal has ordered the Uganda Revenue Authority (URA) to refund over USD 2.5 million (UGX 9.1 billion) to East Africa Marine Transport Company Limited (EAMT). The ruling, delivered…
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Airtel Africa has struck a deal with SpaceX to bring Starlink’s high-speed satellite internet to its 14-country footprint with the agreement set to initially focus on nine countries. Currently, SpaceX has…
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