About AfroCentric

AfroCentric is a level 1, majority black-owned investment holding company listed on the Johannesburg Stock Exchange (JSE). The Group owns and operates a diverse range of healthcarerelated enterprises that provide specialised medical scheme administration and deliver a range of 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.

Snapshot of our performance

3.8 M
LIVES UNDER OUR MANAGEMENT
(2020: 3.8 million lives)

25.8%
REVENUE GROWTH
(2020: 21.6%)

15.5%
INCREASE IN OPERATING PROFIT
(2020: 24.4% increase)

14.6%
RETURN ON EQUITY
(2020: 14.7%)

Level 1
BROAD-BASED BLACK ECONOMIC EMPOWERMENT (B-BBEE) STATUS

18
CLIENT MEDICAL SCHEMES IN SOUTHERN AFRICA
(2020: 19 client medical schemes)

5 957
EMPLOYEES IN SOUTH AFRICA AND OTHER COUNTRIES
(2020: 5 693 employees)

 

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