Afrocentric Investment Corporation: Hannes Boonzaaier
Hannes Boonzaaier has been group Chief Financial Officer since August 2015.
Hannes Boonzaaier completed his articles with KPMG in 1999. During his tenure with KPMG, he gained experience in valuations, due diligence reviews and commercial structuring of business transactions. He joined Medscheme as a Financial Manager and, over the past 13 years, has been involved with Medscheme and the AfroCentric Group in various client operations. Following his success in leading Group Finance and with his knowledge of the business, he was appointed as the AfroCentric Group CFO in August 2015. He is a CA (SA).
2015 – Present Group Chief Financial Officer, Afrocentric Investment Corporation
2005 – 2015 Financial Manager, Head: Group Finance, Medscheme
About Afrocentric: AfroCentric Investment Corporation Limited is a black-owned, investment holding company which is substantially invested in healthcare. AfroCentric was established in 2008 and is listed in the healthcare sector on the JSE. Through its operating subsidiaries, AfroCentric provides health administration and health risk management solutions to the healthcare funding industry. In addition, AfroCentric provides a range of complementary services to its traditional medical scheme clients as well as a portfolio of healthcare-related enterprises. These services include IT solutions, transactional switching and specialised disease management.
AfroCentric acquired a 100% interest in Pharmacy Direct, a courier pharmacy; 100% of Curasana, a pharmaceutical wholesaler; and a 26% stake in Activo Health, a southern African distributor of generic medicines as well as complementary nutraceutical product.
Medscheme is the Group’s largest subsidiary and is one of South Africa’s largest medical scheme administrators and managed care providers. It has a presence in Botswana, Namibia, Swaziland, Kenya and Zimbabwe, and through its business process outsourcing centre in Mauritius provides services to several large European and UK-based health insurance companies.
The company had an employee complement of 5236 people in 2017 and it reported healthcare service revenue of R2.52 billion and healthcare retail revenue of R1.07 billion.