×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

AfroCentric Group, the healthcare services specialist with a core investment in health-risk management services provider Medscheme, remains on the lookout for local and international opportunities. In commentary with its half-year results to end-December, AfroCentric CEO Antoine van Buuren said the group’s financial position remained sound, with strong cash generation. Cash generated by operations came in at R175.5m, with cash on hand of R282m at the end of the interim period. Van Buuren said Afrocentric had adequate headroom to accommodate expansion opportunities. "At corporate and operational level, management is assessing and implementing plans for real growth and pursuing selective local and international opportunities to complement the existing product and service offering." AfroCentric is focused on opportunities that will create a platform that offered a value chain of healthcare services to optimise the purchasing power of every healthcare rand through models of integration,...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.