Expansion: Netcare plans to spend R2bn

Johannesburg – South Africa’s largest private hospital network operator Netcare, was planning to spend R2 billion in capital expenditure in the coming year as the Netcare Christiaan Barnard Memorial Hospital reached completion and further expansion projects gained traction, it said yesterday.

Chief executive Richard Friedland said the interim results to March showed operating profits increased 20.7 percent to R1.33bn.