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Ron served as Senior Vice President (SVP) at Jumia Group, Africas's tech unicorn and CEO of Jumia Uganda until 2022. He was involved in Jumia's listing on the New York Stock Exchange in 2019, the first for an African tech company. Ron is often referred to as Uganda's father of e-commerce. [2] In 2021, he featured in Forbes. [3]
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As far back as 2013, the government of Uganda announced its intentions to create a government agency to regulate money lenders who were not regulated by the central bank. [3] In May 2016, the Parliament of Uganda passed the Tier IV Microfinance Institutions Act, to take effect on 1 July 2017. The establishment of the UMRA was a key provision of ...
Jumia's share price sank more than 50% in one week after the report was published. [74] Citigroup, one of Jumia’s IPO underwriters, released a report debunking most of Citron’s allegations but noted that, “Jumia could do more to provide disclosure on some aspects of its operations, as a matter of transparency and best practice.” [75] [76]
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The centre is located at 1 Baskerville Avenue, in the neighborhood of Kololo, in the Kampala Central Division, in Uganda's capital city of Kampala, approximately 4 kilometres (2 mi), by road north-east of the city's center. [3] The geographical coordinates of the center: 0°19'44.0"N, 32°36'04.0"E (Latitude:0.328889; Longitude:32.601111). [4]
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