East African Medical Vitals

Last updated

East African Medical Vitals
Type Private
Industry Medical
Founded2021;0 years ago (2021)
Headquarters KIBP, Namanve, Mukono District, Uganda
Key people
Ben Kavuya
Executive Chairman
Brian Kavuya
Managing Director
ServicesManufacture of disposable medical supplies
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]

Contents

Location

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

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]

Ownership

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. [5] The table below illustrates the shareholding in the company stock.

Shareholding In East African Medical Vitals Limited
RankShareholderPercentage Ownership
1Ben Kavuya [1]
2Brian Kavuya [1]
3ASIGMA Capital [5]
4Others [1]

Governance

The executive chairman of the company is Ben Kavuya, a Ugandan. Brian Kavuya, another Ugandan national, is the managing director. [1]

See also

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References

  1. 1 2 3 4 5 6 7 8 9 Javira Ssebwami (12 December 2021). "Museveni Launches Africa's First Glove Making Factory". PML Daily. Kampala, Uganda. Retrieved 13 December 2021.
  2. Google (13 December 2021). "Road Distance Between Kampala Uganda And East African Medical Vitals, Namanve, Mukono, Uganda" (Map). Google Maps . Google. Retrieved 13 December 2021.
  3. Google (13 December 2021). "Location of the Headquarters and Factory of East African Medical Vitals Limited" (Map). Google Maps . Google. Retrieved 13 December 2021.
  4. Red Pepper Reporter (24 September 2021). "Uganda to Start Producing Condoms". Red Pepper . Mukono, Uganda. Retrieved 13 December 2021.
  5. 1 2 ASIGMA Capital (December 2021). "About ASIGMA Capital". ASIGMA Capital. Kampala, Uganda. Retrieved 13 December 2021.

Coordinates: 00°20′01″N32°42′35″E / 0.33361°N 32.70972°E / 0.33361; 32.70972