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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!

    Aga Khan Fund Exits Troubled Nation Media Group After 66 Years, Sells Controlling Stake to Tanzanian Billionaire

    Paul MurungiThe Big StoryMarch 10, 2026March 14, 2026

    The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), bringing to a close a 66-year partnership that helped…

    SanlamAllianz Uganda CEO Ruth Namuli discusses the merger, digital innovation, claims reform, micro-insurance, and the future of general insurance in Uganda.

    Modernising General Insurance: SanlamAllianz CEO Ruth Namuli on Building Uganda’s Insurance Powerhouse with Trust, Innovation, and Scale

    Paul MurungiBusiness & MarketsInsuranceThe Big StoryMarch 10, 2026March 10, 2026

    Ruth Namuli, Chief Executive Officer of SanlamAllianz General Insurance Uganda, leads the Ugandan arm of Africa’s largest non-banking financial services company.  With over 18 years of experience in the insurance…

    How dfcu Bank Helped Agnes Mbabazi Turn Agrifarm Into a Ugandan Agribusiness Force

    Paul Murungi100 Women Fixing UgandaThe Big StoryWomen In LeadershipMarch 8, 2026March 8, 2026

    As Uganda celebrates International Women’s Day 2026, Agnes Mbabazi’s success story of building Agrifarm Uganda, an agro-input business, is one of the stories featured in “She Powers Uganda’s Economy —…

    Standard Chartered Kenya Targets Nakumatt Properties in $14.3 Million Debt Recovery Battle

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 6, 2026March 6, 2026

    Standard Chartered Bank Kenya has issued a statutory notice to Nakumatt Investments, paving the way for the possible auction of several properties linked to the collapsed supermarket chain over loan…

    Canal+ shuts down loss-making Showmax Streaming Platform

    Paul MurungiMedia & CommunicationThe Big StoryMarch 5, 2026March 5, 2026

    French media giant Canal+ has decided to shut down Showmax, the streaming platform developed by MultiChoice, after years of mounting losses that underscored the difficulty of building a profitable subscription…

    High Court Allows Rocket Health Share Transfer Meeting to Proceed Without Dr. Davis Musinguzi 

    Paul MurungiLegal & JusticeThe Big StoryMarch 4, 2026March 4, 2026

    Uganda’s High Court has cleared the way for a decisive shareholders’ meeting that could formally reshape the ownership and governance of one of East Africa’s most talked-about digital health startups—Rocket…

    Daniel Kalinaki Set to Retire from Nation Media Group in April

    Paul MurungiMedia & CommunicationThe Big StoryMarch 3, 2026March 4, 2026

    Daniel Kalinaki, the General Manager – Editorial at Nation Media Group (NMG) Uganda and one of the country’s most prominent newsroom leaders, is set to retire from the media house…

    Big Interview: How SBG Securities is Driving Uganda’s Investment Future 

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 3, 2026March 3, 2026

    Q: Its been a while and nice to catch up with you. For starters, who is SBG Securities?  Semakula: SBG Securities Uganda Limited is a local entity and a wholly-owned…

    End of an era: Why Nation Media Group Is Merging its Weekend Editions

    Paul Murungi and Muhereza KyamuteteraMedia & CommunicationNews & AnalysisThe Big StoryMarch 1, 2026March 1, 2026

    Nation Media Group has in Uganda announced that it will, effective March 7th, 2026, publish a single consolidated weekend newspaper, merging the Saturday Monitor and the Sunday Monitor into one…

    BAT Uganda Profit Falls to UGX 9.8b Amid Surge in Illicit Cigarette Trade

    Paul MurungiBusiness & MarketsCompany NewsThe Big StoryFebruary 26, 2026February 26, 2026

    British American Tobacco Uganda’s (BATU) net profit declined by 5.3% to UGX 9.76 billion for the year ended December 31, 2025, down from UGX 10.31 billion in 2024, as falling…

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