HBI Deals+Insights / Business Models and Strategy

Netcare shares slide after underwhelming forecast

Investors were less than impressed by Netcare's recent announcement that earnings for the year to September 30 would be lower than last year - dropping its share value by almost 13% before a slight recovery. Netcare blamed "difficult trading conditions" but it is not the only one feeling the heat at home - Life and Mediclinic have also seen their values drop in the last six months. We talk to a South Africa based healthcare expert to find out what's wrong with the market.