Life Healthcare Group, formerly Afrox Healthcare, is the second largest private hospital operator in South Africa, with 6,500 beds. It is also the largest black-owned hospital operator in South Africa.[2]
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| JSE: LHC | |
| Company type | Public |
Key people |
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| Revenue | R 18.5 Billion (2019) [1] |
| R 2.8 Billion (2019)[1] | |
| Website | lifehealthcare.co.za |
Afrox was traded on the JSE Securities Exchange until it was sold to Business Venture Investments Limited (Bidco), a black empowerment group, in 2005.[3][4]
It bought Alliance Medical for about 10.4 billion rand, in November 2016.[5]
References
edit- ^ a b "Annual Results 2019". Life Healthcare Group. Retrieved 2 January 2020.
- ^ Shevel, Adele (8 May 2005). "MD who's unafraid to voice a second opinion". Sunday Times. p. 10.
- ^ Njobeni, Siseko (5 March 2005). "Afrox Healthcare empowerment deal gets green light". Business Day. p. 17.
- ^ Botha, Zonika (28 November 2003). "R3,1bn deal to empower SA healthcare". Engineering News.
- ^ "South Africa's Life Healthcare to buy Britain's Alliance Medical for $727 million". Reuters. 16 November 2016. Archived from the original on 17 November 2016. Retrieved 15 December 2016.
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