D I V E R S I F I E D   I N V E S T I N G

Investment Portfolio

Case Study: Deepening into Niche Areas in the South African Market

We aim to achieve our strategy and impact 100 million lives by 2030 by increasing financial inclusion and employment creation to support sustainable livelihoods and alleviate poverty. Through our investments, we aim to support the growth of SMEs and high-impact economic sectors.

The RH Bophelo philosophy stems from a belief that wealth indirectly comes from good health. This view is articulated in their payoff line “Health is Wealth”. Investing in healthcare is investing in a range of industries. From building and infrastructure to manufacturing and production. RH Bophelo (RHB) is a pan-African investment company with the mandate of advancing healthcare in Africa through strategic investments. The company is listed on the Johannesburg Stock Exchange (“JSE”) and the Rwanda Stock Exchange (“RSE”). The investment company partners with institutional investors like Norsad to make a difference. Its investment mandate covers healthcare services, healthcare infrastructure, healthcare ICT, and healthcare-related financial services. According to World Bank data, South Africa’s health expenditure remains the highest in Sub-Saharan Africa. Despite this high expenditure majority of the population are still dependent on the overburden public health care system. The public healthcare system is not coping with the increasing demand, there’s a need for affordable private health care that is easily accessible. It is against this backdrop that RH Bophelo, makes its contribution in providing accessible and affordable healthcare to the working uninsured and those left behind by a system that was not designed to meet their needs. RHB has deliberately targeted the working uninsured as a critical segment of their target market. This segment represents approximately 20% of the addressable healthcare market which has previously been poorly serviced. Additional investments continue to be assessed in line with RH Bophelo strategic plan to maximise the number of facilities across the portfolio – and to achieve their R5 Billion in 5 years strategy (5/5 Plan). As more patients start using RH Bophelo’s facilities and move away from the over stretched government health care facilities, this frees up capacity to service the unemployed and destitute. “Due to the high cost of private healthcare, particularly hospitalisation, specialist fees and radiology, more than 83% of the population relies on overburdened public health services.” says John Oliphant, Chairman