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LATEST NEWS FOR AfroCentric Investment Corporation Ltd.  

AfroCentric is a majority black-owned Johannesburg Stock Exchange (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 e... [more info]

AfroCentric sees group revenue up, but Medscheme membership decline

15 Sep 2021 /  Simon Brown  
Renewed contracts with Gems and Polmed, as well as the introduction of telemedicine and the Pharmacy Direct business are ‘working exceptionally well for us’, says group CEO Ahmed Banderker.

Karooooo ups its game with acquisition of last mile delivery solution

15 Sep 2021 /  Simon Brown  
FNB's Chantal Marx unpacks the Clicks and Famous Brands trading updates. Afrocentric CEO Ahmed Banderker on strong results despite medical scheme membership declines. Karooooo CEO Zak Calisto talks the company's acquisition of Picup Technologies.

Profiting off delistings

15 Mar 2021 /  Keith McLachlan   2
A speculative list of JSE stocks with the list of traits that could make them consider delisting.

AfroCentric CEO: people did what they could to hold on to medical aid

10 Mar 2021 /  Simon Brown   3
The owner of Medscheme is diversifying its portfolio with the likes of pharmaceuticals, virtual consultations and vaccine rollouts.

AdaptIT looks to return to strategy of acquisition growth

10 Mar 2021 /  Simon Brown  
Viv Govender of Rand Swiss on the market after local GDP numbers. AdaptIT CEO Sbu Shabalala on decent interim results as annuity income grows. AfroCentric CEO Ahmed Banderker on diversity boosting its interim results.

NHCPA to launch class action suit against medical aid schemes

20 Jan 2021 /  Thando Maeko   10
Following the release of the Section 59 Investigation Panel interim report.

Discover the other healthcare stock option

20 Jan 2021 /  Keith McLachlan   6
Competitor AfroCentric has been quietly building up in the background – and its numbers are off the radar.

Black doctors overwhelming racially profiled by medical aids

19 Jan 2021 /  Thando Maeko    42
Gems and Healthcare Funders' applications to interdict the release of report was struck off the roll.

Bidvest; Metrofile results and a look at booming maize prices

15 Sep 2020 /  Simon Brown  
Preston Narainsamy of Nedbank Private Wealth on the biggest central banks announcing rate changes this week. AlphaWealth's Keith McLachlan talks the Metrofile results. Small-caps analyst Anthony Clark looks at Astral as maize prices rocket, and an update on the new look Zeder.

Does AfroCentric have a R1 billion problem?

16 Jul 2018 /  Patrick Cairns   5
Maybe, maybe not...

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