LIFE Healthcare Group

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.[1] It is also the largest black-owned hospital operator in South Africa.[2]

Afrox was traded on the JSE Securities Exchange until it was sold to a black empowerment group in 2005.[3]

It bought Alliance Medical for about 10.4 billion rand in November 2016.[4]

References

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


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