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.[2] It is also the largest black-owned hospital operator in South Africa.[3]

Life Healthcare Group
JSE: LHC
Public
Headquarters
Key people
  • MA (Muraq) Brey (chairman)
  • Pieter van der Westhuizen (acting CEO)
RevenueR 18.5 Billion (2019) [1]
R 2.8 Billion (2019)[1]
Websitelifehealthcare.co.za

Afrox was traded on the JSE Securities Exchange until it was sold to a black empowerment group in 2005.[4]

It bought Alliance Medical for about 10.4 billion rand in November 2016.[5]

References

  1. "Annual Results 2019". Life Healthcare Group. Retrieved 2 January 2020.
  2. Mokopanele, Thabang (2008-08-20). "Brimstone let down by its Nedbank and Old Mutual". Business Day. p. 11.
  3. Shevel, Adele (2005-05-08). "MD who's unafraid to voice a second opinion". Sunday Times. p. 10.
  4. Njobeni, Siseko (2005-03-05). "Afrox Healthcare empowerment deal gets green light". Business Day. p. 17.
  5. "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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