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East African Underwriters Ltd
Group structure
The Madhvani Group is at the forefront of industrial development in several countries and is one of the largest diversified private-sector groups in East Africa, employing over 10 000 people. Starting in Uganda at the turn of the century, the Group's activities have achieved a geographical spread into various African countries, the Middle East, India and North America.
In the growing services sector of Uganda, the Madhvani Group has a presence in:
- Hotels and tourism
- Insurance
- Media and communications
- Information technology
- Construction
- Trading (various industrial products and consumer durables)
The Group is the largest private-sector investor in industry in Uganda. From humble beginnings in 1914, the Group has steadily grown into a widely-diversified conglomerate. The Group's current turnover in Uganda exceeds USD 100 million. The Group's assets in Uganda are valued in excess of USD 200 million, with several units undergoing major rehabilitation / renovation / expansion programmes. The Group has established for itself an outstanding track record in turn-around of dormant companies, and has achieved a market leadership position.