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.
MultiChoice Africa Holdings B.V and Uganda’s Ministry of ICT and National Guidance have announced a new cooperation agreement geared towards establishing stronger partnerships in digitalisation, enhancing the local content sector, intellectual property rights protection and skills development within the applicable legal frameworks. The signing ceremony took place in Johannesburg, South Africa – for purposes of technical facilities benchmarking- and was…
Liquid Intelligent Technologies, a pan-African technology group has announced a distribution partner agreement (DPA) with Eutelsat Group that seeks to make the enterprise-grade Low Earth Orbit (LEO) satellite services available in Africa. The French Eutelsat Group is the world’s first satellite operator with an integrated Geostationary Equatorial Orbit and Low Earth Orbit infrastructure. On a continent where satellite technology is…
MTN Uganda has contributed UGX 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund, aimed at developing telecommunications services in underserved areas. The funding marks a significant increase from last year’s contribution of UGX 36 billion. At a press briefing held at the UCC headquarters in Bugolobi, a Kampala city suburb in the Ugandan capital on…
Before retreating to Zambia, Cornwell Muleya was a soft spoken executive with grand ambitions for Uganda Airlines after his appointment as an Acting Chief Executive Officer in 2019. He wasn’t a newcomer in the aviation industry having demonstrated similar experience working with airlines elsewhere across the continent. He had survived Covid -19 which paralyzed air travel, but couldn’t survive the office…
Stanbic Bank Uganda won the award for Best Client Service Bank 2024 during a high-profile gala event during a recently hosted by the Uganda Revenue Authority (URA) in Kampala. The country’s largest financial institution and the anchor subsidiary of Stanbic Uganda Holdings Limited, was also the recipient of the ‘Innovation Award’, specifically for the impact of the FlexiPay digital platform….
Celebrated top city law firm Shonubi, Musoke & Co. Advocates claimed a treble of accolades this month at the first ever in-person fourth edition International Financial Law Review- IFLR Africa Awards held at Protea Hotel in the City of Johannesburg, South Africa. IFLR1000 is a leading international legal market research product specialised in ranking financial and corporate law firms and…
New details have emerged indicating the Airbus A320 aircraft recently leased to Uganda Airlines by South Africa’s Global Aviation company, is the world’s second oldest active Airbus in the aviation space. On May 9th, Uganda Airlines announced the addition of the aircraft to its expanded fleet, which is a 160-seater, with a two-class cabin featuring 12 business class and 148…
Dr. Mahmoud Momtaz, the Chairperson of The Common Market for Southern and Eastern Africa (COMESA) Competition has cleared the merger and acquisition of Uganda’s Finance Trust Bank with Nigeria’s Access Bank, a decision that is slated to impact market dynamics in East Africa’s banking industry. Access Bank will acquire up to 80.89% of the issued shares, which is a subscription…
Britam Uganda is set to transform the insurance and financial services landscape with the introduction of “My Britam,” a suite of self-service portals. The initiative was launched this week under the campaign titled ‘Take Control,’ which is designed to empower clients and partners to manage their insurance and investments independently and efficiently. Britam’s insurance portals empowers clients and its partners…
Mr. Mike Ogbalu III, Chief Executive Officer of the Pan African Payment and Settlement System has revealed that the payment system is making rapid progress and is fully operational in thirteen African Central Banks, and is connected to over 115 commercial banks, including ten payment switches across Africa. Another 115 commercial banks are in the pipeline for connection. “The time…
