Socio-Economic Development Initiatives

AfroCentric has always been committed to making a difference in the communities it serves. The Group aims to make contributions that will have a sustainable impact on beneficiaries and seeks to establish long-term relationships with the organisations that we invest in.

Further to the initiatives below.

Our CSI initiatives involved our contribution to the Bongi Ngema Zuma foundation which support initiatives directed at fighting Diabetes, screening tests for various diseases and educational seminars on healthy lifestyles.

Recent socio-economic development initiatives include:

  Project   Overview Funding provided     Social impact
  Charlotte Maxeke
Johannesburg Hospital
  AfroCentric funded the complete refurbishment and equipping of the school and sponsored the installation of a custom-designed playground, which provides a safe environment for children with impaired immune systems. R896 874     Johannesburg Hospital School caters for learners from Grades R to 12 who are admitted to hospital for extended treatment. The school makes it possible for learners to receive medical treatment without interrupting their education.
  Home of Hope for Girls   AfroCentric through its subsidiary Medscheme, recently made a donation of R250 000 and 75 shoe boxes filled with gifts to the Home of Hope for Girls. R250 000     Education and wellness support for over 75 girls who are currently being provided for by the home.
  PHEF and Social
Compact Fund
  Medscheme is a signatory to the Social Compact Forum launched by the Minister of Health, Dr Aaron Motsoaledi, on 8 November 2012.

The forum is a ground-breaking initiative through which government aims to guide discussions between the public and private healthcare sectors, with a view to developing solutions to major challenges facing the industry.
R981 225     One of the key features of the forum is the establishment of a public health enhancement fund (“PHEF”). The fund is expected to provide funding to support government to:
– Expand the intake of medical students
– Support postgraduate students pursuing health-related studies
– Build additional capacity in the management of Tuberculosis (“TB”), HIV and Aids
– Provide support to the newly established Leadership and Management Academy for Health
  Nursing service of South Africa   Pharmacy Direct contract with the nursing services of South Africa and provided funding to administer flu vaccinations. R168 207     This assist in administering flu vaccination to over 12 000 black patients

A total of R2 296 306 million was invested in socio-economic development programmes.


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