East African Medical Vitals

East African Medical Vitals
Company typePrivate
IndustryMedical
Founded2021; 3 years ago (2021)
HeadquartersKIBP, Namanve, Mukono District, Uganda
Key people
Ben Kavuya
Executive Chairman
Brian Kavuya
Managing Director
ServicesManufacture of disposable medical supplies
Number of employees
200+ (2022)
WebsiteHomepage

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

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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

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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

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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
Rank Shareholder Percentage Ownership
1 Ben Kavuya [1]
2 Brian Kavuya [1]
3 ASIGMA Capital [6]
4 Others [1]

Governance

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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

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  1. ^ 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.
  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. ^ a b Moses Oketayot (13 March 2022). "South Sudan to Import Medical Gloves from Uganda". Red Pepper. Mukono, Uganda. Retrieved 5 April 2022.
  6. ^ a b ASIGMA Capital (December 2021). "About ASIGMA Capital". ASIGMA Capital. Kampala, Uganda. Retrieved 13 December 2021.
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00°20′01″N 32°42′35″E / 0.33361°N 32.70972°E / 0.33361; 32.70972