AFROCENTRIC

AfroCentric, a diversified South African healthcare provider, expects that an acquisition by Sanlam will accelerate its expansion into fast-growing yet still underinsured continent. Sanlam, Africa’s biggest insurer, intends to buy …

Sanlam has made an offer to buy a controlling stake in black-owned JSE-listed investment group AfroCentric, which owns medical aid administrator Medscheme. Sanlam wants to acquire at minimum 36.6%, or …