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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
    • Send me an email!

    Damali Ssali Appointed GAIN Uganda’s New Country Director

    Paul MurungiExecutive ProfilesThe Big StoryMay 27, 2025May 27, 2025

    Damali Ssali has been appointed as the new Country Director for Global Alliance for Improved Nutrition (GAIN) in Uganda. GAIN is a Swiss-based foundation launched at the United Nations in…

    Board Governance and Succession in East Africa: A Conversation with LEAD CEO Trevor Ariho

    Paul MurungiThe Big StoryThought LeadershipMay 26, 2025May 26, 2025

    To unpack the complex intersection of leadership, governance, and organizational resilience, CEO East Africa Magazine’s Paul Murungi sat down with Trevor Ariho, Chief Executive Officer of the League of East…

    Standard Chartered Uganda Hosts Investment Dialogue to Boost Regional Trade 

    Paul MurungiBanking & Financial ServicesCompany NewsMay 23, 2025May 24, 2025

    Standard Chartered is set to invest in boosting regional trade, particularly between Uganda and the Middle East.  The Middle East has emerged as one of the major export destinations for…

    Top Banks Eye Acquisition of Standard Chartered’s Retail and Wealth Business

    Paul MurungiBanking & Financial ServicesThe Big StoryMay 23, 2025May 23, 2025

    Standard Chartered Bank Uganda Chief Executive, Sanjay Rughani has indicated that a number of major banks have expressed interest in acquiring the bank’s Retail and Wealth Business.  The London-based group…

    UEDCL Acquires More UGX 91 billion Loan From Absa Bank To Refurbish Dilapidated Electricity Infrastructure

    Paul MurungiNews & AnalysisPolitics & GovermentThe Big StoryMay 23, 2025May 23, 2025

    Uganda Electricity Distribution Company Limited (UEDCL), which has managed the country’s electricity distribution assets for 53 days since Umeme’s exit, has secured a USD 25 million (UGX 91 billion) loan…

    EXCLUSIVE: Here is a List of UBL Shareholders Who Sold—And Those Who Refused to Sell to EABL

    Paul MurungiEast AfricaNews & AnalysisThe Big StoryMay 22, 2025May 23, 2025

    In an extraordinary act of shareholder resolve, a majority of the minority investors in Uganda  Breweries Limited (UBL) stood their ground against a high-stakes buyout offer from East African Breweries…

    Marketing Guru Juliana Kagwa Appointed New CEO of Uganda Tourism Board

    Paul MurungiHospitality & TourismNews & AnalysisThe Big StoryThe Executive TravelerMay 21, 2025May 21, 2025

    Senior marketing guru Juliana Kaggwa has been appointed the new Chief Executive Officer of the Uganda Tourism Board, replacing Lilly Ajarova, who moved on to a new role as Senior…

    Who is Sanjay Awasthi, the Quiet Billionaire Forging Uganda’s Green Steel Revolution at Tembo Steels?

    Paul MurungiBillionairesBusiness & MarketsEntrepreneurshipThe Big StoryMay 20, 2025January 8, 2026

    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…

    Bank of Uganda Holds CBR at 9.75% Amid Resilient Growth and Rising Inflationary Risks

    Paul MurungiBanking & Financial ServicesNews & AnalysisThe Big StoryMay 16, 2025May 16, 2025

    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…

    Stanbic Bank Kenya’s Q1 Profit Drops by 16% on Lower Forex Income

    Paul MurungiGlobal NewsNews & AnalysisThe Big StoryMay 12, 2025May 12, 2025

    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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    • 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.
      Crisis Beneath the Pumps: Kenya’s Unfolding Fuel Scandal and the Fall of Top Energy Chiefs – Why it Matters to Uganda
      by Jeff Winters
      April 4, 2026
    • Beyond a School Competition: How the Stanbic National Schools Championship is Shaping Uganda’s Economic Future
      by Muhereza Kyamutetera
      April 4, 2026
    • Stanbic Bank and Rotary Transform Maternal Healthcare in Ntungamo District
      by Brian Emorut
      April 3, 2026
    • Allan Chekwech Steps into Daniel Kalinaki’s Big Shoes at NMG Uganda
      by Paul Murungi
      April 3, 2026
    • What Uganda’s UGX 1.7 Trillion Tax Plan Means for Your Wallet
      by Paul Murungi
      April 3, 2026
    • Uganda Receives 8 U.S Deportees under Safe Third Country Agreement
      by Paul Murungi
      April 3, 2026
    • Uganda Digital Marketers Roundtable 2026 Speakers – John Ssenkeezi, Charity Asiimwe and Rommel Jasi in Kampala
      Uganda Digital Society Hosts Inaugural Digital Marketers Roundtable Today in Kampala
      by Muhereza Kyamutetera
      April 3, 2026
    • The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation
      by Kisakye Imani
      April 2, 2026
    • Bamburi Cement Appoints Ugandan Executive Geoffrey Ndugwa as CEO, Succeeds Mohit Kapoor
      by Paul Murungi
      April 2, 2026
    • Uganda’s Lotteries and Gaming Regulator Partners with Online Media Publishers to Promote Responsible Gaming
      by Brian Emorut
      April 2, 2026

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    Thought Leadership
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      • 100 Leading & Admired CEOs
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