Medtech Holdings Limited

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Medtech Holdings Limited

MedTech Holdings Limited Group, which was listed on the Zimbabwe Stock Exchange in 1997, is a diversified group of companies engaged in the manufacturing, marketing and distribution of health, hygiene, beauty, and pharmaceutical products.


History

The Group is a prominent player in the provision, manufacture and distribution, of a wide range of products for the healthcare and consumer sectors. Furthermore, MedTech supplies Government and private sector tenders, as well as various pharmacies, healthcare providers, wholesalers and retailers.

Up until recently, the group operated Zimbabwe Pharmaceuticals, a Bulawayo based pharmaceutical manufacturer. However, we have recently disposed of that business due to low local demand and business environmental issues.

The Executive Directors and Senior Management are largely responsible for the implementation of strategic plans, with the Non-Executive Directors being involved in monitoring the progress of the business, and re-defining the Group’s business plan, in line with prevailing economic fundamentals.

The MedTech Group legal entities consist of MedTech Holdings Limited and its subsidiaries, S-MART Agencies (Private) Limited, Zvemvura Trading (Private) Limited T/A MedTech Distribution (Private) Limited, MedTech Food and Beverage (Private) Limited, MedTech Education and Laboratory (Private) Limited and MedTech Medical & Scientific (Private) Limited. S-Mart Agencies (Pvt) Ltd operates the retail business unit, and Chicago Cosmetics (Pvt) Ltd is the Ruwa manufacturing arm.

Medtech Distribution aims to build its portfolio of brands within the Personal, Hair and Home Care sectors, through supplying and distributing these products throughout Zimbabwe. We strive to provide quality products at affordable prices while catering to the needs of every Zimbabwean

Objectives

  • To build our brands through consistent world class service delivery and sales support
  • To build a reputation of supplying ‘value for money’ products
  • To delight our customers through service and consistency
  • To create an enjoyable and goal driven working atmosphere by encouraging career advancement
  • To invest in our people and our community
  • To deliver return on asset targets and maintain operating margins and costs at world-class levels

Values

  • truly passionate about our customers
  • belief in integrity and honesty
  • cultivating understanding through respect and dialogue
  • disciplined in our approach
  • deliver on our goals

Divisions

The Group consists of retail, manufacturing, distribution, and services business units. Retail comprises retail outlets in Harare and Bulawayo. The division has 2,400 lines

Manufacturing comprises a unit based in Ruwa near Harare engaged in the manufacture of well-known Petroleum Jelly and Glycerine Products. The Distribution Division distributes the product and also imports significant volumes of personal hygiene products. MedTech Medical and Scientific Division sources local and imported pharmaceuticals and distributes these to customers in the healthcare sector. The Services unit is focused on the maintenance of hospital and laboratory equipment.