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.
Ali Monzer, a seasoned telecommunications professional has been appointed the new Chief Executive Officer of MTN Rwanda. He replaces Ms. Mapula Bodipe, a South African national who has been holding the…
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Airtel Uganda’s new Managing Director Soumendra Sahu has hinted on a ‘possible’ Starlink partnership to extend high speed satellite internet across several markets in Africa, including Uganda. Speaking during a…
Energy Ministry Permanent Secretary Irene Batebe has confirmed that the Auditor General’s report on Umeme’s buyout amount will be released next week, just a few days to the expiry of…
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The Uganda Electricity Distribution Company Limited (UEDCL) has absorbed an estimated 2,200 of Umeme staff, out of the 2,400 staff that the private power distributor holds currently. UEDCL Managing Director, Paul…
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Government, through Ministry of Finance is seeking about $ 50 million (UGX 183 billion) from Absa Bank as capital investment into the Uganda Electricity Distribution Company Limited (UEDCL) to fully…
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MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year. The separation, which MTN…
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Bank of Uganda has started the implementation of regulation of substantially well capitalised Savings and Credit Cooperative Societies (Saccos). The move, which starts with the issuance of an MDI licence to…
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Uganda, Kenya and Nigeria are among the few African countries that will not face the consequences of a proposed travel ban by U.S President Donald Trump, which if implemented, will…
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The Uganda National Bureau of Standards has contracted inspection services of three international firms to provide Pre-Export Verification of Conformity (PVOC) for used motor vehicles, and other related equipment for…
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At least 201 companies have been liquidated in the five years to June 2024, data from Uganda Registration Services Bureau (URSB) indicates. However, new business registration has equally grown, with at…
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