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East African Medical Vitals
From Wikipedia - Reading time: 6 min
| Company type | Private |
|---|---|
| Industry | Medical |
| Founded | 2021 |
| Headquarters | KIBP, Namanve, Mukono District, Uganda |
Key people | Ben Kavuya Executive Chairman Brian Kavuya Managing Director |
| Services | Manufacture of disposable medical supplies |
Number of employees | 200+ (2022) |
| Website | Homepage |
East African Medical Vitals Limited, commonly referred to as East African Medical Vitals (EAMV), is a manufacturer of consumable medical supplies in Uganda. It is reported to be the first company in Africa, that manufactures powder-free latex, medical gloves.[1]
Location
[edit]The headquarters and main factory of the company are located at Plot 1186 Kyaggwe, Block 113, in Namanve Industrial Park, Mukono City, Mukono District, Central Region, Uganda.[1] The company premised are approximately 19 kilometres (12 mi), east of the center of Kampala, the national capital and largest city in that country.[2] The geographical coordinates of the company premises are: 0°20'01.0"N, 32°42'35.0"E (Latitude:0.333611; Longitude:32.709722).[3]
Overview
[edit]EAMV was established by Ugandan entrepreneurs related by blood, Ben Kavuya and Brian Kavuya, at a cost of US$14.5 million. Of that, US$6.3 mullion (43.45 percent) was borrowed from the East African Development Bank (EADB) at an interest rate of 8 percent per annum. The Uganda Development Bank (UDB) was approached for a loan, but the application was denied.[1]
The company products include powder-free latex examination gloves and powder-free sterile surgical gloves. Total annual production is 95 million gloves, as of December 2021. The glove pairs are either hand specific or ambidextrous.[1] The company is also in preparation for the manufacture of male condoms.[4]
As of March 2022, the company employed 200 staff, with the number expected to rise to over 1,000 by 2025, following expansion of the products line and expansion of work shifts.[5]
Ownership
[edit]The business is privately owned by members of the families of the original founders.[1] ASIGMA Capital, a Ugandan private equity and investment firm is an equity partner in EAMV.[6] The table below illustrates the shareholding in the company stock.
| Rank | Shareholder | Percentage Ownership | |
|---|---|---|---|
| 1 | Ben Kavuya | [1] | |
| 2 | Brian Kavuya | [1] | |
| 3 | ASIGMA Capital | [6] | |
| 4 | Others | [1] |
Governance
[edit]The executive chairman of the company is Ben Kavuya, a Ugandan.[1][5] Brian Kavuya, another Ugandan national, is the managing director.[1]
See also
[edit]References
[edit]- ^ a b c d e f g h i j Javira Ssebwami (12 December 2021). "Museveni Launches Africa's First Glove Making Factory". PML Daily. Kampala, Uganda. Retrieved 13 December 2021.
- ^ "Road Distance Between Kampala Uganda And East African Medical Vitals, Namanve, Mukono, Uganda" (Map). Google Maps. Retrieved 13 December 2021.
- ^ "Location of the Headquarters and Factory of East African Medical Vitals Limited" (Map). Google Maps. Retrieved 13 December 2021.
- ^ Red Pepper (24 September 2021). "Uganda to Start Producing Condoms". Red Pepper. Mukono, Uganda. Retrieved 13 December 2021.
- ^ a b Moses Oketayot (13 March 2022). "South Sudan to Import Medical Gloves from Uganda". Red Pepper. Mukono, Uganda. Retrieved 5 April 2022.
- ^ a b ASIGMA Capital (December 2021). "About ASIGMA Capital". ASIGMA Capital. Kampala, Uganda. Retrieved 13 December 2021.
External links
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