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April 12, 2026
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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!

    BREAKING NEWS: Standard Chartered to sell its Wealth and Retail Banking businesses in Uganda, Zambia and Botswana

    Paul MurungiThe Big StoryNovember 27, 2024November 30, 2024

    London-based Standard Chartered Group is exploring the potential sale of its Wealth & Retail Banking (WRB) businesses in Botswana, Uganda and Zambia. The Group, in a published statement today said,…

    Money lenders lock horns with UMRA, Finance Ministry over 2.8% interest cap 

    Paul MurungiThe Big StoryNovember 20, 2024November 20, 2024

    Money lenders and some private sector players have warned of dire consequences to the economy over the new interest cap of 2.8 percent per month for money lenders instituted by…

    From a small stock to big gains: Siddy’s success with dfcu Bank and the GROW Loan initiative 

    Paul MurungiCompany NewsExecutive ProfilesNovember 20, 2024November 20, 2024

    For the past nine years, Siddy Latabu has been trading in fish, supplying silver fish and smoked fish in Kitgum Main Market to sellers in Kitgum and neighboring districts including;…

    ANALYSIS: Bank of Uganda’s gold purchase programme⏤ a step in the right direction, despite the complex challenges

    Paul MurungiThe Big StoryNovember 18, 2024February 27, 2025

    Uganda’s central bank, the Bank of Uganda, has its work cut out in implementing its domestic gold purchase programme that was launched in July this year.  The Bank’s gold programme…

    Ugandan Banks harvest UGX 1.4 trillion in net profits as assets grow to UGX 53 trillion- Bank of Uganda data

    Paul MurungiThe Big StoryNovember 14, 2024November 14, 2024

    Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion…

    Equity Bank boosts the 4th Annual Equity NARO Open with UGX 175 million sponsorship

    Paul MurungiCompany NewsNovember 7, 2024November 7, 2024

    Equity Bank Uganda has launched the 4th Annual Equity NARO Open with UGX 175 million package to the Namulonge Club. As a proud sponsor of this year’s golf tournament which…

    Equity Bank Uganda Launches Toll-Free Helpline to Enhance Customer Service

    Paul MurungiCompany NewsNovember 1, 2024November 1, 2024

    In a significant move to elevate customer support and accessibility, Equity Bank Uganda has launched a toll-free customer contact centre line, enabling customers to access support free of charge.  The…

    Airtel brings Ugandans closer to heart through corporate social actions 

    Paul MurungiCompany NewsNews & AnalysisOctober 31, 2024October 31, 2024

    In a historic visit to Uganda, former Airtel Africa Group CEO, Segun Ogunsanya took a trip to Kitende Secondary School, Entebbe in April 2023 to experience the fast Airtel internet…

    Innovative Financing: How dfcu Bank is supporting Uganda’s SMEs to thrive 

    Paul MurungiThought LeadershipOctober 30, 2024October 30, 2024

    By William Kayongo Small and medium-sized enterprises (SMEs) are the backbone of Uganda’s economy, contributing significantly to job creation, innovation, and economic growth. According to the Uganda Investment Authority, SMEs…

    Airtel Uganda half-year profit surge to UGX 153 billion on the back of data and voice segments

    Paul MurungiBusiness & MarketsThe Big StoryOctober 30, 2024October 30, 2024

    Airtel Uganda posted total revenue of UGX 966 billion in the first half of 2024, and a final profit of UGX 153 billion largely driven by data and voice revenue. …

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