Rh Bophelo Limited (South Africa)

RH Bophelo Limited is a company located in Johannesburg, South Africa. It was listed on the Johannesburg Stock Exchange in July 2017, raising funds of over R500 million. The company is fully black-owned and focuses on investments in the healthcare industry. The directors and management team of RH Bophelo have extensive experience in the healthcare sector and are well-positioned to implement the company's strategy and vision. The company's strategy is to identify strategic investment opportunities in the healthcare industry and create an ecosystem that delivers value to South Africans in the lower to middle-income brackets. Since its inception, RH Bophelo has made nine acquisitions, including hospitals, a nursing college, emergency services, pharmacy, and healthcare insurance and administration services. These acquisitions have provided the company with access to 665 beds and eight hospitals across four provinces. RH Bophelo aims to address the challenges in the South African healthcare system, such as insufficient capital allocations for innovations, overcrowded public infrastructure, and a lack of financial resources in township and rural healthcare institutions. The company aims to provide quality healthcare at a reasonable price for the lower to middle-income market. RH Bophelo has achieved significant milestones, including listing as a Special Purpose Acquisition Company (SPAC) on the JSE in June 2017 and obtaining approval for asset acquisitions in May 2018. The company was reclassified as an investment holding entity in October 2018 and was classified as a Section 15 investment company by the JSE. In September 2019, RH Bophelo acquired Genric, a short-term underwriter, and in April 2020, the company listed on the Rwanda Stock Exchange. RH Bophelo remains committed to targeting businesses and companies that align with its value system.