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TodaySunday, May 03, 2026
Paul Murungi

Paul Murungi

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.

Africa's richest man Aliko Dangote alongside Uganda's President, Yoweri Museveni and Kenya's President, William Ruto.

Dangote to Lead East Africa Oil Refinery Project in Tanzania

Africa’s richest man, Aliko Dangote, has pledged to lead the construction of a major oil refinery in East Africa, signaling a significant shift in the region’s push to reduce reliance on imported
April 23, 2026
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A photo collage of Energy Minister Ruth Nankabirwa and UNOC CEO, Proscovia Nabbanja. A joint statement from the Energy Ministry and UNOC shows Uganda’s inland fuel supply chain remains stable and that available stocks, alongside confirmed incoming shipments, are enough to guarantee continuity of supply in the short term.

Uganda Fuel Stocks to Last Until End of April, Government Assures Amid Global Oil Crisis

The Government of Uganda has sought to reassure the public over fuel availability, stating that the country has sufficient petroleum stocks to last until the end of April 2026, even as concerns
March 31, 2026
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State Minister for Investment and Privatisation, Evelyn Anite at the launch of an AI-powered smartphone manufactured by Simi mobile at their factory in Namanve Industrial Park in November, 2024.

The Smartphone Tax Trap: Is Uganda Pricing Millions Out of the Digital Economy?

Uganda has spent years talking about digital transformation. It has built strategies around it, launched platforms around it, and anchored part of its long-term economic future on it. But for millions of
March 31, 2026
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Julius Kakeeto, Pearl Bank Managing Director has been made significant strides in driving better financial performance and management while at the helm since joining in 2019.

Julius Kakeeto Steers Pearl Bank to UGX 47.3 Billion Profit as Rebrand Signals Rise of a Homegrown Banking Powerhouse — Paving the Way for the Next Growth Phase

Pearl Bank Uganda has stepped into its new identity with both regulatory endorsement and strong financial muscle, posting a profit after tax (PAT) of UGX 47.3 billion for the year ended December
March 30, 2026
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The Archbishop, the Most Rev. Dr. Stephen Samuel Kazimba Mugalu, (C), Executive Director-Operations, Pearl Bank, Martin Mugisha (4th R) joined by other officials, during the handover of the motorcycles donated to the Church of Uganda (COU) Education Directorate to enhance accessibility for Diocesan Education Inspectors (DEIs) and strengthen educational institutions, especially in underserved areas. The handover was today 27th March 2026 at the Church of Uganda, St John's Chapel in Mengo.

Pearl Bank Donates Motorcycles to Help Church of Uganda Inspect Remote Schools

Pearl Bank has supported efforts to improve access to remote schools by donating motorcycles to Diocesan Education Inspectors (DEIs) under the Church of Uganda (COU) Education Directorate. The initiative is aimed at
March 27, 2026
A photo collage of Starlink CEO, Elon Musk, Airtel Africa CEO, Sunil Taldar and UCC E.D, Hon. Nyombi Thembo.

Airtel Africa Completes Starlink Internet Trials in Kenya as Uganda Maps Rollout Framework

Airtel Africa and SpaceX have announced the successful testing of data and messaging services using Starlink Mobile in Kenya, marking a significant step towards expanding satellite-to-mobile connectivity across Airtel Africa’s 14 markets.
March 25, 2026
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