Paul Murungi

I&M Bank partners with A Pass for maiden concert and celebration of 10-year music journey 

by Paul MurungiBanking & InsuranceCompany NewsFinanceFintechsICTIndustry & AnalysisNews & AnalysisJanuary 18, 2025January 18, 2025

Ugandan singer and songwriter Alexander Bagonza, popularly known as A Pass, is set to hold his maiden concert on January 31, 2025, at the Kampala Serena.  The event, dubbed “A…

Gov’t Agencies owe National Water UGX 73 billion in unpaid water bills

by Paul MurungiAfricaCEOsFood & DrinkGovernment AgenciesIndustry & AnalysisMinistries, Agencies & DepartmentsNews & AnalysisPolitics & GovernmentThe Big StoryJanuary 18, 2025January 18, 2025

Government offices have continued to default on water bills which have ballooned to UGX 73 billion as the burden shifts to ordinary Ugandans who shoulder most of the payments.  Details…

BREAKING NEWS: Cooper Motors shuts down operations in Uganda, other East African countries 

by Paul MurungiAfricaAfricaAgricultureCarsCompany NewsEast AfricaFinanceManufacturingNews & AnalysisThe Big StoryJanuary 17, 2025January 18, 2025

Cooper Motors Corporation (CMC) Holdings, the parent company of CMC (Uganda) Limited has announced its decision to gradually wind down operations in Uganda, Kenya and Tanzania, in full compliance with…

Procurement As a Strategic Function will Unlock Its Full Value for your Brand

by Paul MurungiBanking & InsuranceFinanceFintechsIndustry & AnalysisNews & AnalysisThought LeadershipJanuary 17, 2025January 17, 2025

By Kenneth Kawuki The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organizations. It is…

Auditor General reveals most profitable and loss-making gov’t agencies

by Paul MurungiCEOsFinanceICTIndustry & AnalysisManufacturingNews & AnalysisThe Big StoryUETCLJanuary 17, 2025January 18, 2025

The Uganda Electricity Transmission Company (UETCL) has been ranked as the most profitable public company with a profit of UGX 82.3 billion earned through energy sales in the Financial Year…

MAN IN THE HOT SEAT: What challenges await Soumendra Sahu, Airtel Uganda’s new boss?

by Paul MurungiAfricaCEOsCompany NewsFinanceFintechsICTIndustry & AnalysisNews & AnalysisTechnologyThe Big StoryJanuary 16, 2025January 16, 2025

Airtel Uganda has a new boss, Soumendra Sahu. He joins Uganda’s second-largest telco at an interesting time— increasing competition from MTN, the market share leader, and other independent ISPs. There…

President Kagame appoints Jean-Guy Afrika as new CEO of Rwanda Development Board

by Paul MurungiAfricaAfricaCEOsEast AfricaFinanceIndustry & AnalysisNews & AnalysisProfilesThe Big StoryJanuary 13, 2025January 13, 2025

Rwandan President Paul Kagame has tapped Jean-Guy Afrika, a fellow Rwandan seasoned economist who spent over a decade at the African Development Bank, to lead the Rwanda Development Board (RDB)…

UGANDA’S 100 OIL AND GAS LEADERS: Mariam Nampeera Mbowa, Deputy General Manager TotalEnergies Uganda

by Paul MurungiCEOsCompany NewsIndustry & AnalysisLaw Firms (A - Z)Mining/Oil & GasNews & AnalysisProfilesThe LawyerWomen Fixing UgandaWomen In LeadershipJanuary 13, 2025January 13, 2025

Nampeera’s position as a Deputy General Manager to Mr Phillipe Groueix – the General Manager, is anchored in all TotalEnergies oil activities in Uganda and is responsible for human resources…

60 BILLION HEIST: Speaker Among forwards Bank of Uganda audit report to CID for further investigations 

by Paul MurungiBanking & InsuranceIndustry & AnalysisThe Big StoryJanuary 9, 2025January 9, 2025

The Uganda Parliament Speaker, Anita Among has forwarded the Auditor General’s forensic audit report on the alleged loss of over UGX 60 billion from Bank of Uganda (BoU) to the…

URA racks up UGX 15 trillion tax revenues from 4.8 million Taxpayers in first half of new Financial Year

by Paul MurungiThe Big StoryJanuary 8, 2025January 8, 2025

Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of…