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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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    Nigeria’s Access Bank fully acquires KCB Group’s National Bank of Kenya for KShs 14.2 billion

    Paul MurungiBanking & InsuranceThe Big StoryOctober 28, 2025October 28, 2025

    Access Bank Plc has completed the acquisition of National Bank of Kenya (NBK) from KCB Group for USD 109.6 million (KShs 14.2 billion), closing a deal first announced in March…

    UNBS Boss Back in Office as Trade Minister Drops Corruption Inquiry 

    Paul MurungiThe Big StoryOctober 27, 2025October 27, 2025

    In a dramatic twist at the Uganda National Bureau of Standards (UNBS), Trade Minister Francis Mwebesa has rescinded his earlier directive that sent Executive Director Eng. James N. Kasigwa on forced…

    Uganda’s Elusive Oil Dream: Two Decades of Missed Deadlines, Billions Spent, and the Race to 2026

    Paul MurungiMining/Oil & GasThe Big StoryOctober 27, 2025October 27, 2025

    As one drives into Hoima City, the urban heart of Uganda’s oil dreams, it quickly becomes clear that this is no ordinary town. The city has become a magnet for…

    Pearl Bank’s Wendi Wallet, TotalEnergies Partner to Ease product Merchant Payments of Up to UGX 5 million

    Paul MurungiBanking & InsuranceCompany NewsOctober 26, 2025October 26, 2025

    Wendi, the digital wallet developed by Pearl Bank (formerly PostBank Uganda) has today announced a partnership with TotalEnergies Marketing & Services (M&S) aimed at simplifying customer payments at all Total fuel stations using the…

    Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

    Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

    Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

    Hoima City Stadium: A worthy investment or another white elephant in the making?

    Paul MurungiHospitality & TourismThe Big StoryOctober 24, 2025October 31, 2025

    The $130 million (UGX 354 billion) Hoima City Stadium has ignited a national debate: will it be a transformative investment for Uganda’s sports and tourism landscape, or another white elephant…

    Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

    Paul MurungiCompany NewsOctober 23, 2025October 23, 2025

    In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have…

    Kenya’s Digital Growth Engine: The Fastest-Rising Entertainment & Media Market in the World

    Paul MurungiEast AfricaThe Big StoryOctober 23, 2025October 23, 2025

    Kenya is rewriting Africa’s digital entertainment and media (E&M) playbook — and, according to PwC’s Africa Entertainment & Media Outlook 2025–2029, it is doing so faster than any other country…

    Double Win for PostBank’s CFO Peter Ssenyange as He Bags CFO of the Year Accolade and Sustainability Award

    Paul MurungiProfilesThe Big StoryOctober 22, 2025October 22, 2025

    PostBank Uganda’s Chief Financial Officer, Peter Ssenyange wins big at the just concluded annual Chief Financial Officer (CFO) Awards which seek to celebrate exceptional leaders in the finance industry, as…

    WPP Scangroup Appoints Akua Brayie Owusu-Nartey as Group CEO and CEO, Ogilvy Africa

    Paul MurungiCompany NewsThe Big StoryOctober 21, 2025October 28, 2025

    WPP Scangroup Plc has announced the appointment of Akua Brayie Owusu-Nartey as the new Group Chief Executive Officer (CEO) and CEO of Ogilvy Africa, effective November 17, 2025.  She will…

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      by Paul Murungi
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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
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    • 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.
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