Sector: Health Care
The company is available at Interactive Brokers
Netcare Limited (JSE:NTC) 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 with the public sector, to support the effectiveness of the national healthcare systems in which the group operates.
It is this continuous investment in the latest medical technologies, high-level professional expertise, and commitment to caring for its patients that makes Netcare a leading healthcare provider.
Semi-Annual values ($m)
Change (y/y)
FCF ($m)
Net Debt / Cash and Equivalents ($m)
EV / EBITDA
Potential dynamics
Founders Factory Africa has secured $113-million in additional funding to assist tech start-up founders across Africa.
2023-08-14 13:10 +02:00Hospital group Netcare has deployed a Da Vinci Xi surgical system at its facility in the east of Pretoria. The…
2023-05-03 13:49 +02:00About two weeks ago, Praekelt.org, a non-profit foundation that runs a WhatsApp service on maternal well-being for South Africa’s health department, proposed setting up a similar programme to keep people informed about the coronavirus.
2020-03-23 06:22 +02:00Tech accelerator and incubator Founders Factory Africa has struck a deal with healthcare provider Netcare Group to provide a platform for entrepreneurs to build and scale health-tech start-ups in Africa.
2019-06-27 08:37 +02:00South Africa`s Netcare Ltd expects first-half core profit to be down 36% to 38% from a year earlier after a second wave of COVID-19 forced it to suspend elective surgery in favour of necessary and time-sensitive procedures, it said on Thursday.
2021-04-22The South African government has agreed how much it will pay private hospitals and medical practitioners to treat severely ill COVID-19 patients if public hospitals run out of space, a senior health official told Reuters.
2020-06-07South Africa`s Netcare has scrapped its 2020 outlook, suspended spending on projects and share buybacks, and may need to review its dividend policy due to the impact of coronavirus, the private hospital company said on Monday.
2020-03-30South Africa`s Netcare Ltd said on Monday its first-half results for 2020 would take a hit from hospital network arrangements and reported higher full-year headline earnings per share, in line with its forecast.
2019-11-18South Africa published its draft National Health Insurance (NHI) bill on Thursday, with one senior official estimating universal healthcare for millions of poorer citizens would cost about 256 billion rand ($16.89 billion) to implement by 2022.
2019-08-08* Stocks down after tepid retail sales (Updates to reflect afternoon trading)
2019-05-15South Africa`s rand weakened on Monday, shedding election- inspired gains, as an escalation in the U.S.-China trade war dented emerging market currencies, while stocks also retreated.
2019-05-13South Africa`s Life Healthcare said on Wednesday half-year earnings could fall as much as 55 percent due to costs related to the disposal of its stake in India`s Max Healthcare, impairments and other investments.
2019-04-24South Africa`s second-largest private hospital firm Netcare Ltd announced on Monday a special dividend payout of 40 cents per share after reporting a marginal rise in full-year earnings.
2018-11-19South Africa`s rand weakened against the dollar on Friday and stocks ended lower, tracking weaker European markets that were weighed down by Italy budget worries.
2018-09-28