Author: Muthoga Mungania

Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.

The price of fresh tilapia increased to 8.7 per cent from 3.8 per cent pushing Uganda’s inflation from 3.6 per cent to 3.9 per cent in June from the month before. Official data from the Uganda Bureau of Statistics (UBOS) shows chicken prices increased by 9.1 per cent in June compared to 4.6 per cent...

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Equity Group shareholders have approved the establishment of a new health insurance subsidiary in Kenya, during the 20th annual general meeting, in an expansion move of its insurance business. The lender’s offerings have been extending beyond banking with a general insurance business also set to roll out by the end of June this year, raising...

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The International Monetary Fund (IMF) has raised concerns over the ongoing demonstration in Kenya against the finance bill. In a statement released on Wednesday, the organisation expressed sadness over the state of the nation and the lives lost in the protests. “We are deeply concerned about the tragic events in Kenya in recent days and...

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President William Ruto has bowed to public pressure, conceded and withdrawn the finance bill 2024 that brought a raft of new taxes after days of anti-tax protests that saw part of the Parliament in ashes. The bill was passed on Tuesday by the members of parliament (MPs) and was awaiting the president’s signature to be...

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