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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!

    Museveni gives greenlight to Elon Musk’s Starlink internet launch in Uganda

    Paul MurungiGlobal NewsNews & AnalysisThe Big StoryApril 29, 2025April 30, 2025

    President Museveni has endorsed the entry of Starlink satellite internet in Uganda after meeting with Elon Musk’s Starlink representatives including, Ben MacWilliams, the Global Licensing & Activation Manager and Brandi…

    PostBank reports 24% Growth in Agribusiness Loan Book

    Paul MurungiAgriculture & Agro-industryBanking & Financial ServicesNews & AnalysisApril 24, 2025April 24, 2025

    PostBank Uganda has recorded a 24% growth in its agribusiness loan book between 2023 and 2024, reflecting the bank’s robust commitment to transforming Uganda’s agricultural sector. This growth is a…

    Pope Francis: The third visiting Pope who left an indelible mark on Uganda in 2015

    Paul MurungiThe Big StoryApril 21, 2025April 21, 2025

    27th November, 2015 will forever be etched in history as a memorable day of the third papal visit to Uganda, and remains a symbol of religious significance to many Catholic…

    Elon Musk’s Starlink submits application to UCC to begin operations in Uganda 

    Paul MurungiBusiness & MarketsEast AfricaNews & AnalysisThe Big StoryApril 17, 2025April 17, 2025

    Starlink, a satellite internet service under American billionaire Elon Musk’s SpaceX company, has submitted an application to obtain a license from Uganda Communications Commission (UCC).  The license will allow Starlink…

    Airtel Uganda Introduces Africa’s First AI-Powered Spam Alert Service to Combat Digital Fraud

    Paul MurungiCompany NewsThe Big StoryApril 16, 2025April 17, 2025

    Airtel Uganda today unveiled its ground breaking AI-powered Spam Alert Service, becoming the first telecommunications provider in East Africa to offer network-level protection against fraudulent messages. This launch also makes…

    Umeme formally disputes UGX 429.2 billion buyout: How will this end?

    Paul MurungiBusiness & MarketsNews & AnalysisThe Big StoryApril 14, 2025April 14, 2025

    Umeme Limited has officially declared a dispute with the government of Uganda over the buyout amount, signaling a potential legal proceeding, if the issue is not resolved within 30 days….

    Men and women who will be driving Uganda’s power distribution function: Who is who on UEDCL’s Exco team? 

    Paul MurungiEast AfricaExecutive ProfilesNews & AnalysisThe Big StoryApril 1, 2025April 1, 2025

    As Uganda Electricity Distribution Company (UEDCL) formally takes over the power distribution function, it will be months or even years before Ugandans move on from the days of Umeme.  Yes,…

    UEDCL officially takes over Uganda’s power distribution network 

    Paul MurungiNews & AnalysisThe Big StoryMarch 31, 2025March 31, 2025

    The Uganda Electricity Distribution Company Limited (UEDCL) has officially taken over the distribution network from Umeme Limited, marking the end of a 20-year concession period that began in 2004. This…

    Who is Dr. Gerald Banaga-Baingi, the newly appointed Chief Executive Officer of Uganda National Mining Company?

    Paul MurungiEnergy, Oil & GasPolitics & GovermentThe Big StoryMarch 31, 2025March 31, 2025

    Dr. Gerald Banaga-Baingi has been appointed the Chief Executive Officer of the Uganda National Mining Company, and will assume duties effective May1st, 2025. The mining company established under the Mining…

    The Umeme buyout heat that is threatening to turn chaotic

    Paul MurungiBusiness & MarketsEast AfricaNews & AnalysisThe Big StoryMarch 28, 2025March 28, 2025

    The current rope pulling and shoving offer an insight into what is turning out to be an interesting twist in the exit of Umeme.  Until a few days ago, the…

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    Latest Stories

    • Paul Mwesigwa’s First Year: UEDCL Hits UGX 1.71 Trillion in Revenue, Rolls Out $994m Grid Recovery Plan After Umeme’s Exit
      by Paul Murungi
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    • OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved
      by Patrick Turinawe
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    • Uganda’s Marketing Industry Faces a Wake-Up Call at Inaugural Digital Roundtable
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    • Muhereza Kyamutetera (left), Executive Editor of CEO East Africa Magazine, with Evans Browns (right), Group Head of Products at I&M Bank, during a conversation in Nairobi on how I&M Brisk is simplifying cross-border banking and enabling seamless movement of money, trade, and opportunity across East Africa.
      Q&A: Everything You Need to Know About I&M Brisk—The I&M Bank Solution Enabling Seamless Cross-Border Banking Across East Africa
      by Muhereza Kyamutetera
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    • From left: Apollo Makubuya, Jacqueline Asiimwe, Gloria Byamugisha, and Crystal Kabajwara—four accomplished leaders whose early reflections on And Then What? by Francis Kamulegeya (centre) are shaping the conversation ahead of its 30 April 2026 launch, each offering a distinct perspective on success, purpose, and what it truly means to build a life of lasting impact.
      After Success, Then What? Early Readers Of Francis Kamulegeya’s Upcoming Book Say It Forces You to Rethink Everything
      by Muhereza Kyamutetera
      April 6, 2026
    • 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
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    • Beyond a School Competition: How the Stanbic National Schools Championship is Shaping Uganda’s Economic Future
      by Muhereza Kyamutetera
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    • Stanbic Bank and Rotary Transform Maternal Healthcare in Ntungamo District
      by Brian Emorut
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    • Allan Chekwech Steps into Daniel Kalinaki’s Big Shoes at NMG Uganda
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      April 3, 2026
    • What Uganda’s UGX 1.7 Trillion Tax Plan Means for Your Wallet
      by Paul Murungi
      April 3, 2026

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