The healthcare enquiry: expect significant intervention

In every country in the world, the healthcare industry is a target for a great deal of debate and argumentation. There are many conflicting pressures on the healthcare business. On the one hand, there is the pressure of social justice, which demands that all citizens be given access to the care needed to sustain life … Read more

Africa Must Tackle Poverty To Share Benefits Of Strong Growth: IMF’s Lagarde

By Pascal Fletcher and Ed Cropley MAPUTO (Reuters) – Africa is “taking off” with strong, steady growth but poverty is unacceptably high so that governments need to build infrastructure and institutions and educate people to share the benefits more widely, the IMF’s head said on Thursday. Sub-Saharan Africa is expected to grow by around 5.5 percent this year – … Read more

Netcare boosts H1 profit thanks to weaker currency

(Reuters) – South Africa’s No.3 private hospital group Netcare Ltd reported a 20 percent rise in first-half profit on Monday, thanks to a weaker rand currency and strong local demand. Netcare, which also runs one of Britain’s largest private hospital networks, said adjusted headline earnings per share totalled 76 cents in the six months to end-March, compared with … Read more

Only 29% of SA employees will have a comfortable retirement – survey

In popular culture, retirement is often painted as the golden years, a time to sit back and enjoy the fruits of a lifetime of hard work. Unfortunately, that attractive dream is very far from the reality for the majority of South Africans. According to a recent survey, only 29% of working South Africans who are … Read more

From Obamacare to Discovery Health – Deloitte experts on the global health industry

There are few industries that get people as worked up, or that require as much regulation, care, and clever policy-making as healthcare. The healthcare-related problems facing countries around the world are similar – costs are ever-rising, quality is erratic, outcomes are hard to define, and people have strong feelings about all the issues. In this … Read more

Discovery, the Great Disruptor, again proves why it’s a cornerstone for any long term investment portfolio

It’s well known in Johannesburg that the smartest kids have a straight choice between joining Discovery, the locally-based financial services group, or Glencore, the global resources giant run by Joburger Ivan Glasenberg. Both groups put a premium on intellect and an ability to embrace complexity. But while Glencore is already established in its field as … Read more