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TodaySaturday, May 02, 2026

Allan Rwakatungu

A series of portraits showing the Rwakatungu siblings together and individually, smiling and interacting naturally in indoor and outdoor settings, reflecting family unity, resilience, shared values, and the influence of their father on their journeys into leadership across banking, audit, and entrepreneurship.
Doreen, Allan and Rachel Rwakatungu pay tribute to their father, Caleb Rwakatungu — whose unwavering belief in education, integrity and hard work shaped their character and laid the foundation for the leaders they have each become across audit, entrepreneurship and banking.

The Father Who Built Forward: How Values, Education, and Discipline Forged the Rwakatungu Family’s Resilience and Impact

For anyone who grew up in Uganda in the 1980s and 1990s, it is impossible not to marvel at Caleb Rwakatungu Snr’s ability to extract so much from so little. This was
December 24, 2025
For many Ugandan founders, letting go is not just emotional—it is strategic anxiety.

Uganda’s Startup Ecosystem: When Founders Clash with Investors

Uganda’s startup ecosystem is maturing. There is more capital flowing in from private equity (PE), venture capital (VC), and development finance institutions (DFIs). The once-nascent innovation scene is now witnessing landmark investments,
September 29, 2025
Technology is rapidly changing, and fintechs are in constant motion, transforming how businesses and people transact.

Fintechs shaping Uganda’s financial operations and inclusion

If there is one sector that is experiencing a continuous revolution, it is financial technology (Fintech). The sector seems to be in constant motion, transforming how businesses and people transact, offering a
May 5, 2025
L-R: Visa's Vice President and General Manager for East Africa, Corine Mbiaketcha, Allan Rwakatungu, Xente Founder and CEO, Ecobank Uganda's Managing Director, Grace Muliisa, ICT State Minister - Godfrey Kabyanga at the launch of Xente Visa cards at MoTiv in Kampala

Milestone as Xente Launches Visa Business Cards

Xente, a licensed Ugandan-founded financial technology platform that offers business payments solutions has announced its partnership with Visa, the global leader in digital payments to issue virtual and physical Visa business cards
September 21, 2022
Xente Tech, CEO & Founder Allan Rwakatungu (Left) poses for a photo with COO & Co-Founder of Xente Tech, Francis Nkurunungi (Right). Rwakatungu explained that acquisition of this license is a commitment to Xente customers, partners and other stakeholders that they are offered with a safe and compliant service.

Bank of Uganda issues Xente Tech with Central Bank Payment Systems Operator license

Bank of Uganda has issued Xente Tech Ltd, a financial technology platform that simplifies payments and finance for businesses, with a Payment Systems Operator (PSO) license. The development opens up more opportunities
August 9, 2022
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