About AfroCentric

AfroCentric is a level 2, majority black-owned investment holding company listed on the Johannesburg Stock Exchange (JSE). The Group owns and operates a diverse range of healthcare-related enterprises that provide specialised medical scheme administration and deliver healthcare products and services to the public and private healthcare sectors.

The principal objective of the Group is to ensure the delivery of efficient health management services and the distribution of quality products – all at a manageable and affordable cost for the benefit of our stakeholders.

AfroCentric has successfully broadened its interests in the industry by continuing to pursue new opportunities to expand and rationalise its presence across the healthcare sector.

About AfroCentric

Snapshot of our performance

3.8 M
LIVES UNDER OUR MANAGEMENT
(2021: 3.8 million lives)

8.0%
REVENUE GROWTH
(2021: 25.8%)

1.2%
INCREASE IN OPERATING PROFIT
(2021: 15.5% increase)

14.0%
RETURN ON EQUITY
(2021: 14.6%)

LEADERSHIP
REVIEWS

CHAIRMAN’S REVIEW

The 2021 Financial year will probably in future be known as the most uncertain time to do business in the world due to the changing trading conditions abroad and in South Africa.

CHAIRMAN’S REVIEW CEO’S REVIEW CFO’S REVIEW

Dr Anna Mokgokong

LEADERSHIP
REVIEWS

CEO’S REVIEW

As we reflect on the road to here, I recognise that as a nation, we still face significant uncertainty. However, despite the challenges we have yet to overcome, I believe there is much hope for the future.

CHAIRMAN’S REVIEW CEO’S REVIEW CFO’S REVIEW

Ahmed Banderker

LEADERSHIP
REVIEWS

CFO'S REVIEW

Normalising growth after the COVID pandemic with investment into organic growth for the future!

CHAIRMAN’S REVIEW CEO’S REVIEW CFO’S REVIEW

Hannes Boonzaaier

OUR BUSINESS

Who we are

AfroCentric is a level 2, majority black-owned, JSE-listed investment holding company providing services and products to the healthcare sector. The Group was founded in 2008 on the core philosophy of promoting transformation and empowerment.

What we do

Our business is focused on making a sustainable impact in the area we know best - healthcare. We increase access to sustainable, affordable and quality healthcare through our operating subsidiaries by providing health administration, health risk management, and a range of complementary solutions to our medical scheme clients and their members across the healthcare value chain. A primary lever in our strategy is to reduce the cost of healthcare.