Netcare share drops sharply as group falls into full-year loss — but maintains dividend

The hospitals operator was hit by a disappointing performance in its UK operations, compounded by unfavourable currency movements, and an accounting error in ...

Mediclinic tackles drought

Hospital group monitors its water use and sinks boreholes to secure water supply amid Western Cape crisis

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Mediclinic shares drop sharply on results, Spire news

Underlying interim earnings fell 11% and the hospital group posted a loss attributable to shareholders of £50m

Life Healthcare appoints new CEO

Shrey Viranna, a medical doctor by training, has also been the CEO of Discovery Vitality and DiscoveryCard

Netcare nosedives after trading update

The private hospital group says it expects earnings per share for the year to end-September to fall as a result of weaker trading conditions in the UK

Ascendis fit, flush and healthy, says CEO Karsten Wellner

Business Day asks CEO Karsten Wellner why he is pitching a rights offer at a premium

Ascendis seeks R750m capital injection

The pharmaceuticals and health products group plans to price new shares at a premium, saying its existing shares are undervalued

Aspen completes acquisition of AstraZeneca’s anaesthetics portfolio

Aspen Pharmacare’s share price was up in mid-morning trade, following the announcement of the conclusion of the commercialisation rights agreement

How Mediclinic turned its declines around

‘It is starting to look like a better buy by the day,’ says equity analyst at Gryphon

Mediclinic offer for Spire opportunistic, say analysts

Spire stock has been trading at near record lows after a disappointing set of interim results in September

Mediclinic mulls hostile takeover of UK associate Spire

The JSE-listed company’s £842m offer has been rejected and it is considering its next step

Opening more stores is just the right medicine for Dis-Chem

Pharmacy chain says profit increased due to the additional centralisation of vendors and better terms with suppliers

Mediclinic warns shareholders of interim headache

The private hospital group says revenue was flat when the gains from converting rand, Swiss francs and Emirati dirhams into pounds were excluded

Medical aid schemes in poor health, council warns

Net result for all medical schemes shows a deficit of R2.391bn in 2016, the Council of Medical Schemes report reveals

Aspen and Equity probes halt in the clear

Competition Commission narrows focus to three pharmaceutical firms in its investigation of cancer-drug prices

Tight rules ‘push local hospital groups offshore’

‘This is one of the primary reasons all the listed players have looked offshore for growth,’ says equity analyst

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.