Netcare Limited (NTC.JO)

1,310.00 +36.00 (+2.83%) As of 04:31PM SAST. Market open.

Netcare Limited

76 Maude Street
Corner West Street
Sandton 2196
South Africa
27 11 301 0000
https://www.netcare.co.za

Sector(s): Healthcare
Industry: Medical Care Facilities
Full-time employees: 18,000

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Richard Harold Friedland BvSc, Dip Fin Man, MBA, MBBCh	Group CEO & Executive Director	17.29M	N/A	1961
Mr. Keith N. Gibson BAcc, C.A., CA(SA)	Group CFO & Executive Director	8.91M	N/A	1970
Mr. Craig Grindell	Managing Director of Netcare 911	5.65M	N/A	1972
Dr. Billyy van der Merwe	Managing Director of Primary Care	5.99M	N/A	1962
Teshlin Akaloo	Managing Director of Innovative Products	5.19M	N/A	1985
Mr. Travis Dewing	Chief Information Officer	N/A	N/A	1974
Mr. Charles M. Vikisi	Group Company Secretary & General Counsel	N/A	N/A	1977
Dr. Nceba Ndzwayiba	Group HR & Transformation Director	N/A	N/A	1980
Boniswa Kama	Chief Data Officer	N/A	N/A	1982
Dr. Erich Bock	Acting Managing Director of Hospitals	N/A	N/A	1980

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ZAc.

Description

Netcare Limited, an investment holding company, operates private hospitals in South Africa. The company operates through Hospital and Emergency Services, and Primary Care segments. The Hospital and Emergency Services segment engages in the hospital and pharmacy operations. Its operations covers its private acute hospital network and day clinics; and non-acute services, including emergency medical services, private mental health clinics operation, diagnostics support services, and cancer care services, as well as sells healthcare products and vouchers. The Primary Care segment offers healthcare services, and employee health and wellness services, as well as administrative services to medical and dental practices. The company also engages in the financing, property owing, and pharmaceutical services. It operates through a network of acute hospitals, beds, day clinics, netcare 911 sites, cancer care centres, haematology centres, renal dialysis facilities, dialysis stations, point of care devices, mental health hospitals, primary health care facilities, and occupational health service contracts, as well as insurance products, and prepaid procedures and healthcare vouchers. Netcare Limited was incorporated in 1996 and is headquartered in Sandton, South Africa.

Corporate governance

Netcare Limited’s ISS governance QualityScore as of 29 June 2024 is 6. The pillar scores are Audit: 7; Board: 2; Shareholder rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.