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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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    European Union, GIZ commit UGX 26 billion to skilling and equipping small scale miners

    Paul MurungiThe Big StoryOctober 7, 2024October 7, 2024

    The European Union (EU) has partnered with the German Development Agency to commit a grant of EUR 6.25 million (UGX 25.7 billion) as a form of support for the formalisation,…

    dfcu Bank hosts NGO forum to discuss sustainable strategies to donor funding 

    Paul MurungiThe Big StoryOctober 3, 2024October 3, 2024

    dfcu Bank, one of Uganda’s leading financial institutions hosted its annual NGO forum yesterday at the Sheraton Hotel which brought together over 100 representatives from Non-Governmental Organizations (NGOs), development partners,…

    PostBank completes disbursement of UGX 6 billion GROW Loan as first tranche to 353 women entrepreneurs

    Paul MurungiCompany NewsOctober 3, 2024October 3, 2024

    PostBank Uganda driven by its purpose of Fostering Prosperity for Ugandans has completed UGX 6 billion disbursement of the first tranche of the GROW loan to 353 women entrepreneurs, a…

    Women in Leadership: Meet Shamim Walusimbi, first Ugandan to represent Human Resource professionals at the Africa Human Resource Confederation

    Paul MurungiWomen Fixing UgandaWomen In LeadershipOctober 2, 2024October 2, 2024

    Shamim Walusimbi is the first Ugandan, and first female to represent Human Resource (HR) professionals on the board of the Africa Human Resource Confederation (AHRC).  Shamim is committed to breaking…

    SACCO leaders hail Stanbic Bank for unmatched empowerment, skilling initiatives

    Paul MurungiCompany NewsOctober 2, 2024October 2, 2024

    Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community.  The event held at Tuzza…

    Patrick Ayota reflects on strategic decisions that drove the Fund’s performance- and the future ahead

    Paul MurungiCompany NewsThe Big StoryOctober 1, 2024October 1, 2024

    Mr Patrick Ayota’s inaugural year as Managing Director at the National Social Security Fund (NSSF) coincided with the announcement of the Fund’s annual financial performance last week.    Mr Ayota…

    Uganda Wildlife Authority launches Open Park Days

    Paul MurungiThe Big StoryOctober 1, 2024October 2, 2024

    Uganda Wildlife Authority has today launched the Open Park Days initiative, set to take place on October 17th and 18th, 2024. The initiative was announced by UWA’s Director of Tourism…

    Uganda receives first batch of line pipes for EACOP 

    Paul MurungiThe Big StoryOctober 1, 2024October 1, 2024

    Another milestone in the construction of the East African Crude Oil Pipeline (EACOP) has been reached with the first delivery of nine trucks loaded with coated line pipes at Main…

    I&M Bank fulfills UGX 20 million pledge for Entebbe Club caddies’ education as Callaway Girls and Catapult shine at Katogo 3rd edition

    Paul MurungiCompany NewsSeptember 30, 2024September 30, 2024

    A day after celebrating their golden jubilee in June this year, I&M Bank Uganda announced a UGX 20 million donation, towards supporting the caddies and course maintenance staff of Entebbe…

    Evolve Africa Announces The Uganda Marketing Excellence Awards 2024

    Paul MurungiThe Big StorySeptember 30, 2024September 30, 2024

    Evolve Africa announced the fourth edition of the Uganda Marketing Excellence Awards, UMEAS slated for Friday, December 13th, 2024. Now in its fourth year, the UMEAS are an opportunity for…

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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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