Paul Murungi

Paul Murungi

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.

Aliko Dangote plans to build a $17 billion oil refinery in Kenya’s Mombasa, shifting focus away from Tanzania’s Tanga project in a major boost for East Africa’s energy sector.

Dangote to Construct $17B Oil Refinery in Kenya, Drops Tanzania Plans 

Nigerian billionaire and industrialist Aliko Dangote is shifting plans for a major East African oil refinery to Kenya, in a move that appears to sideline earlier proposals centred on Tanzania’s port city
May 10, 2026
Dr Alan Shonubi, a senior partner at Shonubi, Musoke & Co. Advocates gives an acceptance speech after receiving a lifetime achievement award at the IFLR Africa Awards held in Johannesburg, South Africa..

Shonubi, Musoke & Co. Advocates win big at prestigious IFLR Africa Awards in Johannesburg

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
L-R Mr. Felix Okoboi - Britam Board Chair, Mr. Allan Mafabi - Britam Insurance CEO, Mr. Steve Kaddu - Ag. Director Supervision IRA, Mrs. Ritah Mutesi Kabayiza -Executive Director Willis Towers Watson & V.Chairperson Insurance Brokers Association of Uganda, Mr. Rokani Sylvester - Uganda Bankers Association, Mrs. Annette Rumanyika Mulira - Board Member Britam Asset Managers, Mr. Ronald Kasolo - General Manager - Britam Asset Managers, Mrs. Lucy Bunyenyezi Mulira, specialist creative and content creator, Mr. Shem Naggenda Nsubuga - Britam Insurance Board Member

Britam Uganda unveils self-service portals for insurance and investment management

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
Dr. Fatih Birol, Executive Director, International Energy Agency; Sierra Leone President Julius Maada Bio; United Republic of Tanzania President Dr. Samia Suluhu Hassan; Togolese Republic President Faure Gnassingbé; Norway Prime Minister Jonas Gahr Støre; Executive Vice President of European Green Deal, Interinstitutional Relations and Foresight Maroš Šefčovič; African Development Bank Group President Dr. Akinwumi A. Adesina

African Development Bank commits USD 2 billion to clean cooking initiatives in Africa at landmark Paris summit

The African Development Bank Group has pledged USD 2 billion over 10 years towards clean cooking solutions in Africa—a major step along the road to saving the lives of 600,000 Africans mainly
Equity Group Chief Finance Officer, Moses Nyabanda, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Group Chief Internal Auditor, Beth Kithinji, during the Q1 2024 Investor Briefing event

Equity Group reports strong financial recovery with Kshs.16 billion profit in first quarter results

Equity Group Holdings has bounced back stronger, recording Kshs.16 billion (USD 122 million) in profit after tax in the first quarter after reporting a 5% decline in profits for the year ended
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