UGANDA Looking ahead Company profile MADHVANI GROUP Manager Founded by late Muljibhai P. Madhvani in 1905, the Madhvani Group is now managed by a board of Directors, led by Mayur Madhvani. Contact Kakira Sugar Works (1985) Ltd. P.O. Box 121 Jinja, Tel: 043-21253/21286, Fax: 043-22217, 041-255972 The group's main industry in Uganda is a joint venture between the government and East African Holding Ltd. It will produce 70,000 Metric Tons of sugar, which will save the country over US$ 50 millions in foreign exchange. An expansion program is planed to produce 120,000 M.T. of sugar, which will save the country over US$ 80 millions at current import parity prices per annum. Muljibhai Madhvani & Co. Ltd. P.O. Box 54 Jinja, Tel: 043-20511, Fax: 043-20909 Nile Breweries Ltd. P.O. Box 762 Jinja, Tel: 043-20177/20178/79, Fax: 043-20759 Production of beer, in association with SAB (South African Beverages), at the source of the Nile for the domestic and international markets. Mulbox Ltd. P.O. Box 1089 Jinja, Tel: 043-20432/21623, Fax: 043- 20759 Steel Corporation of East Africa Ltd. P.O. Box 1023 Jinja, Tel: 043-21451/2, Fax: 043-20334 Produces reinforcement steel bars, angles, flats and wire extrusion. A fuilly integrated steel plant produces finished steel from scrap metal. The complex also supports an oxygen cylinders to other industrial and hospital users and a plant to produce nuts and bolts. Mulco Textiles Ltd. P.O. Box 472 Jinja, Tel: 043-20511, Fax: 043-20909 A detailed faisability has been worked out to produce yarn for the export market and the group is seeking joint ventures to rehabilitate this industry. Associated Match Co. Ltd. P.O. Box 54 Jinja, Tel: 043-20511, Fax: 043-20909 Produces safety matches for the domestic market. Uganda Metal Industries Ltd. P.O. Box 54 Jinja, Tel: 043-20511, Fax: 043-20909 Produces galvanized chain link and barbed wire fencing materials for the agriculturan and construction industry. Sukari Sugar Ltd. P.O. Box 122 Jinja, Tel: 043-22385, Fax: 043-20334 This is a joint-venture between the group and Nutrasweet Inc, a subsidiary of the Monsoto Group of the USA, to produce blends of sugar and aspartame. Madhvani Oil Industries (1989) Ltd. P.O. Box 54 Jinja, Tel: 043-41247, Fax: 043-20909 Usinf cotton seed, sunflower and such other locally grown raw materials to produce refined, edible oils for cooking purposes. The expansion of this industry has been finalized to process crude palms. Madhvani Soap Industries (1989) Ltd. P.O. Box 54 Jinja, Tel: 043-41247, Fax: 043-20909 Manufacturing 850 tons of toilet and laundry soap per month both for the domestic and international markets. This is to be expanded by the addition of a new laundry soap manufacturing line. The total production after expansion will be approx. 1800 tons of soap per month. East African Underwriters Ltd. P.O. Box 6361 Kampala, Tel: 043-20926, Fax: 043-22217 This is a joint venture insurance company in Uganda catering for all types of insurance needs in Uganda. e-mail: kakira@starcom.co.ug Activities Madhvani is the biggest industrial group in UGANDA. It's fields of activities range from packaging to sugar, through oil, tea processing and tourism. It is now increasing it's activities in other countries such as Zambia Kenya. Facts and figures SUGAR PRODUCTION: YEAR PRODUCTION (metric tons) 1993 21,147 1994 27,540 1995 63,750 1996 70,000 BEER SALES: YEAR PRODUCTION (crates) 92/93 807,446 93/94 926,902 94/95 1,505,000 95/96 1,795,000 EMPLOYEES OF THE GROUP: YEAR PRODUCTION (crates) 1990 8,000 1991 10,000 1992 12,000 1993 12,500 1994 13,000 Strategy Broadcasting Channel Television Limited has been incorporated and has been transmitting television programmes throughout some parts of the country. East African Underwriters East African Underwriters is a jointventure between the Madhvani Group and the Christchurch Insurance Group of London. The firm is a composite insurance company writing all classes of business East African Underwriters’ portfolio includes major industrial risks in Uganda as well as reinsurance business from regional countries. The firm’s headquarters are in Kampaln, with a branch office in Jinja and representative offices in the United Kingdom (London) and Kenya (Nairobi and Mombasa). New projects Telecommunication Plans are underway to set up a telecommunication network within the country using both radio and cellular technology. Financial Sector Investment and participation in the financial sector of the economy such as banking, Tourism Ownership of lodges and hotels within the national parks to cater for the tourism industry. GinneriesThe group is already having advanced discussions towards the acquisition of cotton ginneries in the Busoga area. Primarily the cotton will be used by the group’s textile division as raw material for spinning yarn that will eventually be exported The cotton seeds will be utilized by the group’s oil mill to produce edible oil. Polypropylene To manufacture 50/100 kgs polypropylene bags for packaging. Sponge Iron Using the abundantly available iron ore within the country to produce billets and reduce dependence on scrap metal to be integrated with the Steel industry in the country. Plastics Injection moulding and blow moulding to produce industrial containers and crates. Co-generation of power Generation of electricity from bagasse, a by product of sugar, to be commercially sold to the main grid and to invest in the hydro power potential in the country. Beverage industry Production and bottling of soft drinks in Uganda. Agency Representation Machine Tools Ltd. is in the process of acquiring major agencies representation for vehicles, tractors and various industrial equipment in Uganda.   Read on   This is the electronic edition of the special country report on Uganda published in FORBES Magazine's June 1st  issue. © World INvstment NEws, 1998. Developed by Agencia E.