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AfroCentric INTEGRATED ANNUAL REPORT 2016
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The Board and Executive Committee worked together to
determine the strategic direction for the short and medium
term. We are certain we have the right team in place to lead
the Group through this period of change.
I also welcome the entrepreneurial spirit of Antoine
Van Buuren as Chief Executive Officer, to the Board of
AfroCentric.
LOOKING AHEAD
The current trend of increasing costs cannot be sustained,
and is not in the best interests of the nation. The private
sector accounts for 50% of the total national spend on
healthcare, but provides services to less than 20% of the
population. This is a inequitable system in a society striving
for a fairer distribution of wealth and social benefit. We
believe the Competition Commission’s recommendations
will help to reduce healthcare costs; but it is the NHI that will
level the playing field.
Our focus for the foreseeable future is on delivering value for
the healthcare Rand. Consolidation is key, and AfroCentric
intends to lead the way. We will drive efficiencies throughout
the healthcare value chain and support the government, as
appropriate, in the transformation of health service delivery
in South Africa.
ACKNOWLEDGEMENTS
Thank you to all who make AfroCentric Group what it is: our
management team, employees, clients, service providers,
and shareholders, without whom we could not do business.
I recognise our outgoing Chief Executive Officer, Dewald
Dempers, for his dedication to the business during his term
of office. I wish his successor, Antoine Van Buuren, every
success.
I am delighted to announce that Medscheme and its
clients secured the vast majority of awards at the Board of
Healthcare Funders (“BHF”) Titanium Awards Gala event.
Medscheme received the awards for Service excellence in
healthcare administration, Service excellence in managed
healthcare and BHF member of the year.
Finally, I thank you to the rest of the Board of Directors
for their guidance and support in the leadership of the
Company, and the stewardship they provide to our
executive team.
Dr Anna Mokgokong
Chairperson
CHAIRPERSON’S REPORT (continued)