Jump to content

Life Healthcare Group

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Dmesham (talk | contribs) at 07:54, 15 April 2020 (Dmesham moved page LIFE Healthcare Group to Life Healthcare Group: The name "Life" should not be capitalised). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Life Healthcare Group
JSE: LHC
Company typePublic
Key people
  • MA (Muraq) Brey (chairman)
  • Pieter van der Westhuizen (acting CEO)
RevenueR 18.5 Billion (2019) [1]
R 2.8 Billion (2019)[1]
Websitelifehealthcare.co.za

Life Healthcare Group, formerly Afrox Healthcare, is the second largest private hospital operator in South Africa, with 6,500 beds. It is owned by Brimstone Investment Corporation.[2] It is also the largest black-owned hospital operator in South Africa.[3]

Afrox was traded on the JSE Securities Exchange until it was sold to a black empowerment group in 2005.[4]

It bought Alliance Medical for about 10.4 billion rand in November 2016.[5]

References

  1. ^ a b "Annual Results 2019". Life Healthcare Group. Retrieved 2 January 2020.
  2. ^ Mokopanele, Thabang (2008-08-20). "Brimstone let down by its Nedbank and Old Mutual". Business Day. p. 11.
  3. ^ Shevel, Adele (2005-05-08). "MD who's unafraid to voice a second opinion". Sunday Times. p. 10.
  4. ^ Njobeni, Siseko (2005-03-05). "Afrox Healthcare empowerment deal gets green light". Business Day. p. 17.
  5. ^ "South Africa's Life Healthcare to buy Britain's Alliance Medical for $727 million". Reuters. 16 November 2016. Retrieved 15 December 2016.