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

    Paul MurungiBanking & Financial ServicesThe 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 MurungiBanking & Financial ServicesThe 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 MurungiBanking & Financial ServicesThe 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 MurungiBanking & Financial ServicesThe 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 & GovermentThe 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…

    Rwanda’s Mary Baine Appointed New Executive Secretary of African Tax Administration Forum

    Paul MurungiExecutive ProfilesThe Big StoryJune 3, 2025June 4, 2025

    The African Tax Administration Forum (ATAF) has appointed the former Commissioner General of Rwanda Revenue Authority,  Ms. Mary Baine as its new Executive Secretary, effective 1 July 2025.  Ms. Baine…

    PostBank Wins Top BoU Award as Small Business Recovery Fund Grows to UGX 30 Billion in Disbursements

    Paul MurungiBanking & Financial ServicesCompany NewsMay 31, 2025May 31, 2025

    PostBank Uganda emerged as the overall best-performing Tier 1 Bank recognised by the Bank of Uganda at the Award Ceremony for Participating Financial Institutions in the Agricultural Credit Facility (ACF)…

    PostBank Shares Eid Al-Adha Joy with the Muslim Community Across Different Regions 

    Paul MurungiBanking & Financial ServicesCompany NewsMay 28, 2025May 28, 2025

    PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today shared Eid Al-Adha joy with the Muslim community across different regions, where the bank has a branch in…

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    Latest Stories

    • 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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