East African Medical Vitals

Last updated

East African Medical Vitals
Company type Private
Industry Medical
Founded2021;3 years ago (2021)
Headquarters KIBP, Namanve, Mukono District, Uganda
Key people
Ben Kavuya
Executive Chairman
Brian Kavuya
Managing Director
ServicesManufacture 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]

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]

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

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.

Shareholding In East African Medical Vitals Limited
RankShareholderPercentage Ownership
1Ben Kavuya [1]
2Brian Kavuya [1]
3ASIGMA Capital [6]
4Others [1]

Governance

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

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References

  1. 1 2 3 4 5 6 7 8 9 10 Javira Ssebwami (12 December 2021). "Museveni Launches Africa's First Glove Making Factory". PML Daily. Kampala, Uganda. Retrieved 13 December 2021.
  2. ↑ "Road Distance Between Kampala Uganda And East African Medical Vitals, Namanve, Mukono, Uganda" (Map). Google Maps . Retrieved 13 December 2021.
  3. ↑ "Location of the Headquarters and Factory of East African Medical Vitals Limited" (Map). Google Maps . Retrieved 13 December 2021.
  4. ↑ Red Pepper (24 September 2021). "Uganda to Start Producing Condoms". Red Pepper . Mukono, Uganda. Retrieved 13 December 2021.
  5. 1 2 Moses Oketayot (13 March 2022). "South Sudan to Import Medical Gloves from Uganda". Red Pepper . Mukono, Uganda. Retrieved 5 April 2022.
  6. 1 2 ASIGMA Capital (December 2021). "About ASIGMA Capital". ASIGMA Capital. Kampala, Uganda. Retrieved 13 December 2021.

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

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