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.
Uganda Railways Corporation (URC) closed the 2024/25 financial year with a net loss of UGX 32.810 billion, underscoring persistent structural and operational weaknesses in the railway sub-sector. Although the loss…
Uganda Registration Services Bureau’s (URSB) flagship digital business registration platform remains slow, unreliable and vulnerable to abuse despite an investment of nearly UGX 6.5 billion, according to the Auditor General….
Uganda National Oil Company (UNOC) posted a strong profit of UGX 359.7 billion in the 2024/25 financial year, a sharp turnaround from the UGX 3.7 billion loss recorded the previous…
Oil production is increasingly shaping Uganda’s inflation outlook, not only as a future driver of growth, but as a critical stabilising force for prices and the exchange rate. Bank of…
President Museveni has held discussions with Girma Wake, the former Chief Executive Officer of Ethiopian Airlines, amid an ongoing search for a substantive Chief Executive Officer of Uganda Airlines following…
Uganda Airlines has formally launched the search for a new Chief Executive Officer (CEO), setting a maximum age limit of 60 years as part of the eligibility criteria, The search…
Uganda Electricity Transmission Company Limited (UETCL) has emerged from the Auditor General’s FY2024/25 report as one of the most financially distressed entities in the country’s energy value chain—at precisely the…
Following the resignation of Richard Yego, Sarah Bateta Okwi has been appointed as Acting Chief Executive Officer of MTN Mobile Money Uganda Ltd (MTN MoMo), stepping into the role at…
Ride-hailing firm Uber has officially exited the Tanzanian market, ending nearly a decade of operations in the country. In a message sent to customers, the company announced that its services…
Airtel Africa has posted a sharp rebound in profitability for the nine-month period ended 31 December 2025, reporting a net profit of $586 million, driven largely by surging data revenues,…
