Paul Murungi

Pearl Bank Celebrates Customers in Festive Campaign Dubbed Pearl Santa

Paul MurungiCompany NewsDecember 5, 2025December 5, 2025

Pearl Bank (formerly PostBank Uganda), has launched a festive campaign dubbed “Pearl Santa”, an initiative to celebrate its customers across select branches countrywide with surprise visits from Pearl Santa, who…

Energy Ministry Orders UEDCL Board to Investigate Top Management Over Performance Gaps

Paul MurungiGovernment AgenciesMinistries, Agencies & DepartmentsThe Big StoryDecember 5, 2025December 8, 2025

The Ministry of Energy and Mineral Development has instructed the Board of the Uganda Electricity Distribution Company Limited (UEDCL) to carry out a comprehensive investigation into the performance and conduct…

Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

Paul MurungiCompany NewsEast AfricaThe Big StoryDecember 4, 2025December 4, 2025

Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15…

Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 

Paul MurungiBanking & InsuranceThe Big StoryDecember 4, 2025December 4, 2025

Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank…

Beyond the Balance Sheet: How Uganda’s Top CFOs Are Forging Legacy Through Purpose, People, and Unwavering Integrity

Paul MurungiBanking & InsuranceFinanceThe Big StoryDecember 3, 2025December 5, 2025

Eight finance professionals won ten awards at the 9th edition of the Chief Financial Officer (CFO) Awards 2025 with Peter Ssenyange, CFO, Pearl Bank Uganda Limited emerging the overall CFO…

OPINION: Driving sustainability and transformation in banking: A journey beyond profit

Paul MurungiBanking & InsuranceThought LeadershipDecember 3, 2025December 3, 2025

By Peter Ssenyange For a long time, the success of a bank was measured in numbers: quarterly margins, loan-to-deposit ratios, and cost-to-income efficiency.  But today, that narrative is being rewritten….

Q&A: As Debt Surges, Equity Group’s Mwangi Says It’s Time for African Governments to Hand Development Projects to Private Sector

Paul MurungiBanking & InsuranceThe Big StoryDecember 1, 2025December 1, 2025

In a sweeping call for economic recalibration across the continent, Equity Group Managing Director and CEO, Dr. James Mwangi, has urged African governments to “let the private sector take on…

East Africa has great potential; we will invest more, says Paul  Hanratty, Sanlam Group CEO 

Paul MurungiInsuranceThe Big StoryDecember 1, 2025December 1, 2025

The B20 Summit places productivity and resilience at the heart of Africa’s economic future.  Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen…

Serena Hotels Operator Issues Profit Warning After Half-Year Loss of KShs 16 Million (UGX 448 million)

Paul MurungiThe Big StoryNovember 30, 2025December 1, 2025

TPS Eastern Africa PLC, the operator of Serena Hotels, has issued a profit warning for the financial year ending 31 December 2025 after slipping into a half-year loss, marking a…

TotalEnergies Spends UGX 4.6 Billion to Drill a Single Oil Well in Uganda—But Kingfisher’s Deeper Wells Push Costs Higher

Paul MurungiThe Big StoryNovember 29, 2025November 29, 2025

In Uganda’s Tilenga oil fields, where the low rumble of drilling rigs never stops, every passing hour of operation carries a price tag measured in tens of thousands of dollars. …