• Afrocentric Investment Corp Limited
  •  Overview
  • Last Modified:
  • September 3, 2025
  • Company type:
  • Public
  • Industry:
  • Investment
  • Verified:
  • No
  • No of Employees:
  • 1 001 - 10 000
  • Stock Code:
  • ACT
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  • South Africa
  • Public Interest Score:
  • 750+

 

  • Afrocentric Investment Corp Limited
  • General Information

Description

The AfroCentric Group is a majority black-owned, JSE-listed investment holding company providing services and products to the healthcare sector.

he Group was founded in 2008 on the core philosophy of promoting transformation and empowerment.

Our business is focused on making a sustainable impact in the area we know best‑healthcare. We increase access to sustainable, affordable and quality healthcare through our operating subsidiaries by providing health administration, health risk management, and a range of complementary solutions to our medical scheme clients and their members across the healthcare value chain. A primary lever in our strategy is to reduce the cost of healthcare.

Gerald Van Wyk:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Anna Mokgokong:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Joe Madungandaba:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Hannes Boonzaaier:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Thato Moloele:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Paul Hanartty:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Nkateko Munisi:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Bruno Fernandes:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Alice Le Roux:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Kanyisa Mkhize:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Marinda Dippenaar:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Karabo Morule:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Willem Britz:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 9283
  • Founded Year: 
  • 1988
  • Registration Number: 
  • 1988/000570/06
  • Country: 
  • South Africa
  • Stock Exchanges: 
    • Johannesburg Stock Exchange
  • Financial year end: 
  • June
  • No. of Countries operations: 
  • 4
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Financial Services
  • Date listed on Stock Exchange: 
  • 01/01/2005

 

  • Contact Information
  • Business operation: 
  • AfroCentric Investment Corporation Limited. AfroCentric Investment Corporation Limited is an investment company that specializes in acquiring shares in companies operating primarily in the health, electronic and communication sectors.
  • Primary office: 
  • 37 Conrad Road Florida North Roodepoort 1709

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • Billy Mokale
  • Reporting currency: 
  • ZAR
  • ISIN number (12 digit): 
JSE
ZAE000078416
  • Authorised shares:
  • 1 000 000 000
  • Issued shares:
  • 841 088 241
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 0 shareholders
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Gerald

Executive
NationalitySouth Africa
41
RoleCEO
QualificationB.Com(Risk Mgt), SMDP, GMP
Date Appointed: 01/08/2015
Duration:
10 years and 3 months
Independance: N
Profile
Name

Anna

Non Executive
NationalitySouth Africa
67
RoleChairperson
QualificationBSC MBChB, DComm (hc)
Date Appointed: 05/10/2010
Duration:
15 years and 1 month
Independance: N
Profile
Name

Merika Johannes

Non Executive
NationalitySouth Africa
66
RoleDeputy Chair
QualificationCPA(SA), MDP
Date Appointed: 05/10/2010
Duration:
15 years and 1 month
Independance: N
Profile
Name

Hannes

Executive
NationalitySouth Africa
RoleCFO
QualificationCA (SA)
Date Appointed: 01/08/2015
Duration:
10 years and 3 months
Independance: N
Profile
Name

Thato

Executive
NationalitySouth Africa
RoleED
QualificationCA(SA), BAccSc, HDipAcc, MBA
Date Appointed: 10/01/2025
Duration:
0 year and 9 months
Independance: Y
Profile
Name

Paul

Non Executive
NationalityIreland
64
RoleNED
QualificationBBusSc Hons
Date Appointed: 01/01/2023
Duration:
2 years and 10 months
Independance: Y
Profile
Name

Nkateko

Non Executive
NationalitySouth Africa
RoleNED
QualificationMA, EMBA
Date Appointed: 01/01/2023
Duration:
2 years and 10 months
Independance: Y
Profile
Name

Bruno

Non Executive
NationalitySouth Africa
RoleNED
QualificationB.Comm, B.Acc, B.Com(Hons), CA (SA)
Date Appointed: 01/11/2018
Duration:
7 years and 0 month
Independance: Y
Profile
Name

Alice

Non Executive
NationalitySouth Africa
RoleNED
QualificationBComp (Hons), B.Acy, CA (SA)
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Kanyisa

Non Executive
NationalitySouth Africa
RoleNED
QualificationBBusSci (Hons), MBA
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Marinda

Non Executive
NationalitySouth Africa
44
RoleNED
QualificationBCompt (Hons), CA(SA)
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Karabo

Non Executive
NationalitySouth Africa
RoleNED
QualificationBBusSc, PGDip (ActSc), AMP
Date Appointed: 31/12/2024
Duration:
0 year and 10 months
Independance: Y
Profile
Name

Gary

Non Executive
NationalitySouth Africa
RoleNED
QualificationBComm Honours in Finance, B.Bus Honours in Marketing
Date Appointed: 12/09/2019
Duration:
6 years and 1 month
Independance: Y
Profile
Name

Willem

Non Executive
NationalitySouth Africa
RoleNED
QualificationBCOm,BProc
Date Appointed: 01/08/2015
Duration:
10 years and 3 months
Independance: N
Profile

 

Directors Tenure

Name
Duration
Name

Gerald Van Wyk

Duration10 years and 3 months
Profile
Name

Anna Mokgokong

Duration15 years and 1 month
Profile
Name

Merika Johannes Madungandaba

Duration15 years and 1 month
Profile
Name

Hannes Boonzaaier

Duration10 years and 3 months
Profile
Name

Thato Moloele

Duration0 year and 9 months
Profile
Name

Paul Hanarty

Duration2 years and 10 months
Profile
Name

Nkateko Munisi

Duration2 years and 10 months
Profile
Name

Bruno Fernandes

Duration7 years and 0 month
Profile
Name

Alice Le Roux

Duration5 years and 10 months
Profile
Name

Kanyisa Mkhize

Duration5 years and 10 months
Profile
Name

Marinda Dippenaar

Duration5 years and 10 months
Profile
Name

Karabo Morule

Duration0 year and 10 months
Profile
Name

Gary Allen

Duration6 years and 1 month
Profile
Name

Willem Britz

Duration10 years and 3 months
Profile

 

Director Experience

Name
Experience
Name

Gerald

Experience Insurance, Financial Services
Profile
Name

Anna

Experience Healthcare, Education
Profile
Name

Merika Johannes

Experience Financial Services, Investment
Profile
Name

Hannes

Experience Financial Services
Profile
Name

Thato

Experience Financial Services
Profile
Name

Paul

Experience Insurance, Asset Management, Financial Services, Banking
Profile
Name

Nkateko

Experience Healthcare, Investment
Profile
Name

Bruno

Experience Financial Services, Investment, Banking
Profile
Name

Alice

Experience Financial Services
Profile
Name

Kanyisa

Experience Insurance, Business Services
Profile
Name

Marinda

Experience Financial Services, Investment
Profile
Name

Karabo

Experience Financial Services, Banking, Investment
Profile
Name

Gary

Experience Financial Services
Profile
Name

Willem

Experience Business Services
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

PwC

Date Appointed01/01/2017
Year8 years and 10 months
Profile

 

Company Past Directors

Name
ED/NED
Role
Name

Mmaboshadi

ED/NEDNon Executive
RoleNED
Date Appointed: 01/01/2020
Date Resigned: 31/12/2024
Profile

 

Company Committees

Name

Gerald Van Wyk

Mainboard, Audit, Remuneration BD
Profile
Name

Anna Mokgokong

Mainboard, Audit, Remuneration BD, NG
Profile
Name

Merika Johannes Madungandaba

Mainboard, Audit, Remuneration BD, CI, NG
Profile
Name

Hannes Boonzaaier

Mainboard, Audit, Remuneration BD
Profile
Name

Thato Moloele

Mainboard, Audit, Remuneration BD
Profile
Name

Paul Hanarty

Mainboard, Audit, Remuneration BD
Profile
Name

Nkateko Munisi

Mainboard, Audit, Remuneration BD, CI, SE
Profile
Name

Bruno Fernandes

Mainboard, Audit, Remuneration BD, AU, CI
Profile
Name

Alice Le Roux

Mainboard, Audit, Remuneration BD, AU, RE
Profile
Name

Kanyisa Mkhize

Mainboard, Audit, Remuneration BD, NG
Profile
Name

Marinda Dippenaar

Mainboard, Audit, Remuneration BD, CI
Profile
Name

Karabo Morule

Mainboard, Audit, Remuneration BD, AU, SE
Profile
Name

Gary Allen

Mainboard, Audit, Remuneration BD, AU, RE, CI
Profile
Name

Willem Britz

Mainboard, Audit, Remuneration BD
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT