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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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    What Must Happen for Africa’s Economic Breakthrough? Absa Group CEO Kenny Fihla Has a Powerful Answer

    Paul MurungiBanking & InsuranceThe Big StoryNovember 28, 2025November 28, 2025

    When Kenny Fihla walked onto the stage at the B20 Summit in Johannesburg, there was a sense that the room was bracing for more than a corporate address.  As the…

    Insurance Is Central — Not Optional — to Africa’s Economic Future, and the Continent Must Invest Now, Not Later, Says Santam CEO Madzinga

    Paul MurungiInsuranceThe Big StoryNovember 28, 2025November 28, 2025

    When Tavaziva Madzinga, Group CEO of Santam, took the stage at the B20 Summit in South Africa, he did not speak like a man representing a single industry.  He spoke…

    Absa Group Bets Big on East Africa: Yasmin Masithela Reveals the Scale, Digital Ambition, and Regional Push Behind the StanChart Uganda Deal 

    Paul MurungiBanking & InsuranceThe Big StoryNovember 28, 2025November 28, 2025

    Let’s start off with why Absa Group is involved in this B20 summit.  When we decided to participate in B20, it was largely because we’re a pan-African bank, and this…

    Innovation in Every Drop: How Plascon Became the Region’s Paint Powerhouse Under Santosh Gumte

    Paul MurungiProfilesThe Big StoryNovember 27, 2025November 27, 2025

    You took over as Managing Director in 2019, just before the global disruption of COVID-19. What were your immediate priorities stepping into the role, and how did you steer Kansai…

    IRA approves AAR General Insurance to join Uganda’s competitive non-life market

    Paul MurungiBanking & InsuranceThe Big StoryNovember 27, 2025November 27, 2025

    The Insurance Regulatory Authority of Uganda has given the green light for AAR General Insurance Uganda Limited to write non-life business in the country, formalising a move the AAR Group…

    MTN Group CEO — Africa’s Fintech Market Has Room for Banks and Telcos to Play and Collaborate

    Paul MurungiFintechsGlobal NewsThe Big StoryNovember 26, 2025November 26, 2025

    How do you rate Uganda’s performance with MTN’s continental portfolio, both in digital adoption but also returns, compared to other African markets?  Yes, as MTN, we are operating in 16…

    Bank of Uganda Grants Operating License to Pearl Bank

    Paul MurungiBanking & InsuranceThe Big StoryNovember 25, 2025November 25, 2025

    The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business…

    MTN Uganda is our second-largest fintech market in Africa, says MTN Group CEO Ralph Mupita

    Paul MurungiFintechsGlobal NewsThe Big StoryNovember 25, 2025November 27, 2025

    MTN Group chief executive Ralph Mupita has hailed Uganda as the company’s “model operation” and confirmed that it is now MTN’s second-biggest fintech market in Africa, second only to Ghana,…

    Lloyds Forex Bureau Shuts Down After Nearly 30 Years in Uganda’s Foreign Exchange Market, Bank of Uganda Confirms

    Paul MurungiBanking & InsuranceThe Big StoryNovember 14, 2025November 14, 2025

    Lloyds Forex Bureau, one of Kampala’s longest-standing foreign exchange and remittance operators, has formally exited the market after voluntarily ceasing operations, the Bank of Uganda (BoU) has announced. In a…

    SanlamAllianz Sets Sail in Uganda: A New Powerhouse Redefining the Insurance Landscape

    Paul MurungiInsuranceThe Big StoryNovember 12, 2025November 12, 2025

    A new chapter has opened in Uganda’s insurance story. It’s one defined by ambition, scale, and a bold reimagining of what financial security can mean for millions of Ugandans.  At…

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    • 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
    • Powering the Nation: Beyond Blame, Toward ESG-Driven Electricity Governance in Uganda
      by CEO East Africa Magazine
      December 21, 2025
    • Uganda’s fruit shouldn’t rot in gardens. Nilezilla’s Yumbe processing plant shows how serious investment in value addition can cut post-harvest losses, create rural jobs, and turn agricultural potential into real incomes for farmers and communities.
      Beyond the Low-Hanging Fruit: The Grit, Capital, and Vision Required to Industrialise Rural Uganda
      by CEO East Africa Magazine
      December 20, 2025
    • Bernice Kamahunde Mvano, Stanbic Bank’s Head of Wealth and Investment, says building generational wealth starts with clear goals, disciplined planning, and diversification, backed by a trusted partner guiding clients through every stage.
      Diversify to Grow: Stanbic Bank’s Bernice Kamahunde Mvano on Building and Protecting Generational Wealth
      by CEO East Africa Magazine
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    • Meet Bowmans’ Lawyers Advising Diageo in its USD 2.3 Billion Sale of EABL to Japan’s Asahi Group
      by Muhereza Kyamutetera
      December 20, 2025
    • #WomenFixingUganda: Lessons from Dr. Winnie Tarinyeba Kiryabwire on Law, Leadership, Governance and Life
      by Muhereza Kyamutetera
      December 20, 2025
    • Soumendra Sahu, Managing Director and CEO of Airtel Uganda, during his first year in office, highlighting Airtel Uganda’s network expansion, new telecom infrastructure, stakeholder engagement, employee culture, and digital innovation driving connectivity and growth across Uganda.
      Winning in the Marketplace and with Stakeholders: A strong first year  for Airtel Uganda’s Soumendra Sahu
      by Muhereza Kyamutetera
      December 20, 2025
    • Beauvais “Buve” Retreat Centre: The Calm, Beautiful Space Where Teams Find Clarity Again
      by Namulwana Hilda Victoria
      December 20, 2025
    • Tight Rules, Big Money: Energy Ministry Restricts Gold Trade to Licensed Operators as Central Bank Enters a UGX 20 Trillion Market 
      by Paul Murungi
      December 19, 2025
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