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April 5, 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
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    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 MurungiBanking & Financial ServicesThe 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 NewsJuly 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 MurungiExecutive ProfilesThe 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 MurungiTechnology & InnovationThe 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 MurungiExecutive ProfilesThe 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 MurungiThought 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 MurungiBanking & Financial ServicesThe 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 & Financial ServicesThe 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…

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    • Four powerful figures at the center of East Africa’s energy sector upheaval; Mohamed Liban, Kenya’s Principal Secretary for Petroleum; Joe Sang, former Managing Director of the Kenya Pipeline Company; and Daniel Kiptoo Bargoria, former EPRA Director General, have all exited office amid a deepening fuel supply scandal under investigation. Across the border, James Mwainyekule, Tanzania’s EWURA Director General, has been dismissed following a sharp surge in fuel prices. Together, their downfalls signal a broader regional reckoning, as governments confront mounting pressure over fuel governance, regulatory accountability, and the growing economic toll of instability in critical energy systems.
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    Thought Leadership
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      • CEO Perspectives
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      • Ugandans Excelling Abroad
    • Lists & Rankings
      • 100 Leading & Admired CEOs
      • 100 Most Trusted & Respected Companies
      • 100 Women Fixing Uganda
      • Billionaires
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      • 50 Leading CHROs
      • CEO Of The Week
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      • The Uganda 300 Index
      • Top 50 CMOs
      • Top Law Firms
      • Uganda’s 100 Oil & Gas Leaders 2024
      • Product of the Week
    • Lifestyle
      • The Executive Traveler
      • Destinations & Hotels
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