Group Structure
Shareholding and Corporate Structure
Medscheme is part of the group headed by AfroCentric Investment Corporation Limited which is listed on the Johannesburg Securities Exchange. In addition to its healthcare interests, AfroCentric holds strategic investments in mining, electronics, power and telecommunications.
In Zimbabwe, Medscheme holds 51% of the shareholding, with the balance of 49% held by TA Holdings through Zimnat Life. The trading name in Zimbabwe is Sovereign Health.
Medscheme Africa (AfroCentric Health Solutions)
Increasingly, Africa is being seen as the “new China” – the growth and business opportunity of the future. AfroCentric Health Solutions has already established a market presence in four African countries including:
- Namibia
- Swaziland
- Zimbabwe
- Botswana
- Kenya
Medscheme has identified additional territories in Africa which show potential. There remains significant unlocked potential for growth in those markets where we are already present and the immediate focus will be on unlocking further value in these markets.