Sanlam acquired 28.7% of AfroCentric Healthcare Assets, a major subsidiary of AfroCentric.
AfroCentric was awarded the POLMED scheme contract.
AfroCentric acquired 100% of Pharmacy Direct, 100% of Curasana and 26% of Activo Health.
AHL, the largest operational subsidiary of the Group, repurchased its outstanding 5.9% minority interest. AHL became a private company effective July 2016.
The amalgamation of Bonitas and LMS Medical Fund (“Liberty”) added approximately 125 000 more lives under our care.
Pharmacy Direct secured further contracts for the delivery of chronic medication to scheme members and extended its government CCMDD contract to seven South African provinces (previously five).
AfroCentric acquired “The Cheese Has Moved” (1 March 2017) which will improve sales.
AfroCentric acquired the “Wellness Odyssey” (effective 1 July 2017) which has the wellness and managed care capabilities to improve health offerings to scheme members.