SA’s biggest private hospital group by market value, Mediclinic, has cut back on its recovery expectations as SA and Europe face a threat of a third wave of Covid-19, though it is still confident it will see operating profit growth in its 2022 year.

Mediclinic had previously expected to return to prepandemic trading levels in its 2022 financial year, but is more cautious, also citing the uneven pace of the global vaccine rollout...

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