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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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    UGANDA’S 100 OIL AND GAS LEADERS: Hon. Dr. Elly Karuhanga, Founder and Senior Partner, Kampala Associated Advocates

    Paul MurungiLists & RankingsProfilesJanuary 6, 2025January 7, 2025

    Hon. Dr. Elly Karuhanga (Ph. D.) is a Founding Partner of Kampala Associated Advocates together with the former Chief Justice of the Supreme Court of Uganda, Justice Bart Katureebe, Mr….

    Bank of Uganda Deputy Governor shares a snapshot of Uganda’s economy in 2024- and the future ahead

    Paul MurungiThought LeadershipJanuary 6, 2025January 6, 2025

    Navigating inflationary waters  Bank of Uganda Deputy Governor, Micheal Atingi- Ego shares the story of Uganda’s monetary policy in 2024, which he says was one of cautious optimism and strategic…

    Irene Kaggwa: The ‘precious stone’ that UCC rejected joins International Telecommunication Union in Switzerland 

    Paul MurungiThe Big StoryJanuary 6, 2025January 6, 2025

    Former Uganda Communications Commission (UCC) Acting Executive Director, Eng. Irene Kaggwa’s exit from government is relatable to Jesus’ biblical expression of “a stone which builders rejected [eventually] became the cornerstone.”…

    PROFILES: ABMAK Lawyers who made a mark in the USD 435 million Heritage Oil- URA case

    Paul MurungiThe Big StoryJanuary 3, 2025January 3, 2025

    On the 23rd of December, 2024, four ABMAK Associates’ lawyers made their mark by securing a fair ruling for Heritage Oil in a protracted legal battle against Uganda Revenue Authority…

    JUDGEMENT: Court orders URA to refund excess tax to Heritage Oil in decades-long legal dispute

    Paul MurungiThe Big StoryJanuary 2, 2025January 2, 2025

    The High Court’s Commercial Division Judge, Susan Abinyo, has issued an order to Uganda Revenue Authority (URA) to refund excess tax to Heritage Oil after a decades-long legal battle between…

    ANALYSIS: How will Uganda’s energy sector fare after Umeme’s exit? 

    Paul MurungiThe Big StoryDecember 31, 2024February 27, 2025

    The handover of Umeme licenses for the sale and distribution of electricity to Uganda Electricity Distribution Company Limited (UEDCL) has put the country’s energy sector into sharp focus, especially with…

    MTN Uganda secures UGX 370 billion debt from five local banks 

    Paul MurungiThe Big StoryDecember 31, 2024January 1, 2025

     MTN Uganda has secured UGX 370 billion (USD 100 Million) in debt financing in one of the largest local currency debt transactions in Uganda, which will be used by the…

    UGANDA’S 100 OIL AND GAS LEADERS: Patrick Mbonye, CEO, Q-Sourcing Servtec Group

    Paul MurungiThe Big StoryDecember 27, 2024December 27, 2024

    Mbonye is the Chief Executive Officer of Q-Sourcing Servtec Group, a multi-professional management solutions firm. Under his leadership, the company has become a cornerstone in the East African region, innovatively…

    Western Union, PostBank Uganda Launch International Money Transfers using Wendi Mobile Wallet

    Paul MurungiCompany NewsNews & AnalysisDecember 24, 2024December 24, 2024

    Western Union and PostBank Uganda today announce the launch of international money transfers in the Wendi mobile wallet. The co-branded digital service will empower customers in Uganda to send and…

    PostBank, FMSE Advise Coffee Entrepreneurs on Value Addition as a Gateway to Regional Trade Opportunities

    Paul MurungiCompany NewsDecember 24, 2024December 24, 2024

    Entrepreneurs have been advised to adopt value addition practices as a gateway to tap into the lucrative trade opportunities locally and across the region. The call was made during the…

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    Latest Stories

    • Pearl Bank Made Christmas Feel Personal Again with Pearl Santa
      by Paul Murungi
      December 24, 2025
    • A series of portraits showing the Rwakatungu siblings together and individually, smiling and interacting naturally in indoor and outdoor settings, reflecting family unity, resilience, shared values, and the influence of their father on their journeys into leadership across banking, audit, and entrepreneurship.
      The Father Who Built Forward: How Values, Education, and Discipline Forged the Rwakatungu Family’s Resilience and Impact
      by Muhereza Kyamutetera
      December 24, 2025
    • Anthony Natif on Guardian Health: Building, Losing Control, and Exiting a Ugandan Startup
      Anthony Natif: Uganda’s Pharmapreneur Who Founded Guardian Health, Exited for USD Millions, and Turned to Founder Activism, Anti-Corruption, and Philanthropy
      by Muhereza Kyamutetera
      December 24, 2025
    • Deepak Pandey is poised for a comeback as CEO of the reorganised Jubilee Life Insurance, with insiders citing his experience, institutional knowledge and regional leadership as key to guiding the insurer’s next phase.
      Deepak Pandey Set for Comeback as CEO of Reorganised Jubilee Life Insurance
      by CEO East Africa Magazine
      December 23, 2025
    • Uganda Government Moves to Tighten Unregulated Imports of Unlicensed Starlink Equipment
      by Paul Murungi
      December 23, 2025
    • Uganda, Rwanda and Nigeria Affected as Trump Recalls Nearly 30 Ambassadors Globally
      by Muhereza Kyamutetera
      December 23, 2025
    • Outgoing CEO Latimer Mukasa (left) will hand over the reins at MUA Insurance to Nicholas Lutakome, a seasoned actuary and transformation-focused executive. The leadership transition marks the close of a steady-growth era under Mukasa and the start of a new chapter aimed at accelerated expansion, innovation, and deeper market inclusion under Lutakome.
      MUA Insurance Appoints CIC Uganda’s CEO Nicholas Lutakome as New Chief Executive Officer  
      by CEO East Africa Magazine
      December 23, 2025
    • Stephen Chikovore, Old Mutual General Insurance’s CEO in Uganda to Step Down in January 2026
      by Paul Murungi
      December 22, 2025
    • Powered by dfcu: How a Bank Overdraft, Grit, and Vision Lifted Dr. Richard Wemesa onto Uganda’s Best Farmers List
      by Paul Murungi
      December 22, 2025
    • The Tax Appeals Tribunal has upheld URA’s $100,000 penalty against TotalEnergies EP Uganda for delayed transfer-pricing disclosures, affirming enforceable audit deadlines. The decision signals tougher scrutiny for multinationals in the extractives sector as commercial oil production nears.
      TotalEnergies EP Hit With $100,000 Penalty Over Delayed Tax Audit Disclosures in Uganda
      by CEO East Africa Magazine
      December 22, 2025
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