INVESTMENT CASE

HISTORY AND
PROVEN TRACK
RECORD		  

The Group has grown significantly since listing on the JSE in 2008, and it continues making access to sustainable quality healthcare affordable for everyone. AfroCentric has diversified and grown in external markets by transforming and integrating its service offerings, and has solidified its position as a major player in the industry, thereby creating a sustainable healthcare business.

Group history
VISION   EMPOWERING GREATER ACCESS TO SUSTAINABLE QUALITY HEALTHCARE.
MISSION   TO RELENTLESSLY INNOVATE A NEW INTEGRATED MODEL OF SUSTAINABLE HEALTHCARE THAT MEASURABLY IMPROVES ACCESS TO QUALITY CARE.
VALUES  
  • ACT WITH INTEGRITY AND TRUST
  • GO THE EXTRA MILE
  • CULTIVATE UNIQUENESS
  • THRIVE TOGETHER
  • MAKE A POSITIVE DIFFERENCE
COMPETENCIES   Our data capabilities are crucial in our bid to disrupt the industry and optimise the value chain. These, in conjunction with our experienced and skilled employees, form the cornerstone of the Group’s long-term sustainability.

The experienced professionals across the Group include:
  • health actuarials and actuarial analysts;
  • statisticians;
  • doctors;
  • nurses;
  • pharmacists and pharmacy assistants;
  • optometrists, biokineticists, paramedics;
  • physiotherapists, occupational therapists and social workers;
  • chartered accountants; and
  • safety, health and environmental specialists.

    AfroCentric also has clinical, data analytics and health intelligence capabilities.

    Intellectual and human capital
GROWTH
OPPORTUNITIES		   Growing and diversifying beyond South Africa has always been a strategic imperative. We have a presence in Botswana, Namibia, Swaziland, Kenya, Zimbabwe and Mauritius, and are still looking to expand.

Collaborating with Sanlam presents opportunities to enhance the combined product offering of the medical schemes under the Group’s management and enter new markets.
DIVERSIFICATION   We are looking to diversify into the non-health administration and health risk management market and optimise the value of the money our clients spend on healthcare.
STRATEGIC
OBJECTIVES		  
Enhance shareholder value   Promote transformation
Maximise growth opportunities   Diversify revenue sources
Improve efficiencies through cost consciousness   Deliver exceptional client service
Reduce the cost of healthcare   Uplift our people
MARKET POSITION   AfroCentric is one of two dominant players in the healthcare sector with 3.6 million lives under our care. We operate exclusively in the healthcare sector, across its value chain, and are sustainably growing through integrated healthcare solutions. During 2016, we added 10% of the healthcare market onto our IT systems due to big schemes that joined the Group.

We hold the number one market position in managed care and are proud of our industry-leading expertise and our long track record as a medical scheme administrator.

We are a proud corporate citizen, and our commitment to transformation places us in a favourable position for government contracts and tenders.