Netcare ups profits by almost half, but warns of worsening nurse shortage | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Netcare, which operates the largest private hospital network in SA, said while a recovery from Covid-19 helped lift its interim profits by almost half, it's still concerned about a worsening shortage of nurses in SA. | News24_Business

Net profit jumped almost 49% to R666 million in the half-year to end-March, it reported on Monday, with the company upping its dividend 50% to 30c per share.

"This is the strongest set of results we have produced post the Covid period ... and we intend to improve it even further," CEO Richard Friedland said during an investor presentation on Monday. "If you think there are so many people desperate to acquire skills and unemployment is at an all-time high, one would think that government would be hard pressed to encourage the private sector to train as many as possible," said Friedland.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sifiso Ntombela | Here's what govt can do to help rural farmers | BusinessMuch of SA's population lives on rural land that belongs to traditional leaders. With agricultural development the return on investment could be huge, going some way to solving urban migration metros can no longer sustain, writes Sifiso Ntombela.
Source: News24 - 🏆 4. / 80 Read more »

Safari camp operators in Zimbabwe challenge oil drilling at world heritage site | BusinessSafari camp operators in Zimbabwe, that charge more than R20 000 a night, have lodged objections to a planned oil exploration in the world heritage site Mana Pools | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

WATCH | How Eskom's micro-grids could power rural communities | BusinessEskom is piloting micro-grids to power homes in remote areas without grid access. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

OPINION | Lessons from labour in Africa: First do no harm | BusinessIn South Africa, a toxic mix of ineffective social spending and critically low entrepreneurial intent has resulted in an unemployment disaster. Breaking down the numbers paints a disturbing picture, writes Frans Rautenbach. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

How much it costs to buy a DIY or home improvement business like Drain Surgeon or Easylife Kitchens | BusinessWhile starting a window or blind business from scratch would be a complex endeavour, tapping into an existing framework provided by a franchisor is easier for someone interested or skilled in DIY and home improvement.
Source: News24 - 🏆 4. / 80 Read more »