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LATEST NEWS FOR Netcare Ltd.  

Netcare Ltd. is an investment holding company which operates through a number of subsidiaries and employs approximately 29 000 people. The Netcare Group invests in growing and continually improving its capabilities and capacity, and in partnering wi... [more info]

Cape Town’s vaccine manufacture coup

22 Jul 2021 /  Palesa Mofokeng   6
Ramaphosa hails Biovac deal to produce more than 100m doses of Pfizer-BioNTech vaccine in the Mother City.

South Africa records nearly 17 500 new Covid cases, Gauteng the epicentre

24 Jun 2021 /  Suren Naidoo   23
Growing calls for a tougher lockdown in the country’s economic hub.

Health stocks: pent up demand returning in time

9 Jun 2021 /  Simon Brown  
Nedbank Private Wealth's Preston Narainsamy on Life Healthcare's Alzheimer's drug and Q1 GDP figures. Sygnia CEO David Hufton unpacks results as passive investing continues to grow. Omri Thomas, director of Abax Investments, talks mandate drift and equities for income.

Netcare the preferred health stock as Mediclinic exits the UK

27 May 2021 /  Simon Brown  
Alex Duys of Umthombo Wealth talks Mediclinic results and its Spire Health exit. Junaid Limalia, Arrowhead CFO, unpacks the property counter's results as it skips a dividend payout. Anchor's Mike Gresty takes a look at the Naspers/Prosus share swap.

Netcare sees rising need for mental health care due to virus

25 May 2021 /  Janice Kew, Bloomberg  
The company is planning to add three mental-health facilities to the 13 it already operates.

Health stocks still are not cheap, despite the pandemic

25 May 2021 /  Simon Brown  
Anchor's Martin Smith unpacks Telkom and Netcare results. Andries van Heerden from Afrimat discusses the building materials company's new manganese mining right. Keith McLachlan of Integral Asset Management on control structures and those high voting shares.

Netcare will resume dividend payments once operating environment stabilises, says Friedland

UPDATE
25 May 2021 /  Suren Naidoo  
Covid-19 continues to impact group, which is still operating below pre-pandemic levels

Fitch and S&P’s warning on SA’s slow pace of Covid-19 vaccinations

25 May 2021 /  Suren Naidoo   6
Seen as another constraint or risk to growth.

Covid-19 laat Netcare hoes

24 May 2021 /  Ryk van Niekerk  
Jacques du Plessis - direkteur, Netcare se hospitaal afdeling

Netcare flags decline in first-half profit

22 Apr 2021 /  Nqobile Dludla, Reuters  
Revenue in the six months to March 31 is expected to be between 5.5% and 6.5% lower, the private hospital group said.

Growthpoint’s healthcare fund tops R3.2bn with Cintocare Hospital acquisition

UPDATE
7 Apr 2021 /  Suren Naidoo  
Specialist facility in Tshwane is Africa’s first green-rated hospital.

NHI: Where are we today?

29 Mar 2021 /  Kwaku Koranteng   22
The financial resources remain a concern.

Netcare and Standard Bank in R1bn ‘green bond’ deal

18 Mar 2021 /  Suren Naidoo   1
First of its kind in Africa’s healthcare sector.

Nedbank foregoes dividend as profit drops

17 Mar 2021 /  Ryk van Niekerk  
The board decided it appropriate to conserve capital at this point for potential growth opportunities that may emerge in the cycle – CEO Mike Brown.

More vaccination sites made available for healthcare workers

9 Mar 2021 /  Palesa Mofokeng   1
Department of Health gears up 13 private hospitals to become vaccine rollout sites.

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