SIMON BROWN: I’m chatting now with [independent analyst] Kea Nonyana. Kea, I appreciate the early morning time. We had the hospital groups on the JSE all out with results last week. Mediclinic I think had a 52-week high yesterday, although those [numbers] are relative, of course, due to the pandemic sell-off. The story for healthcare is an easy one. We are living longer, [with] technology coming through. Certainly a compelling story in that space.
SIMON BROWN: Yeah. They’ve all gone offshore in various different ways. They’ve all had challenges with their offshore adventures. But [as] things are, as you point out, we are seeing people return back to hospitals for elective surgery. They’ve kind of fixed up their businesses in many a sense during the pandemic to survive that shock and local ops are coming out, looking strong and, for want of a weird phrase in healthcare, picking up ‘occupancies’ again.
KEA NONYANA: To be perfectly honest the investor space in the South African market is really limited for investors here. As you said, we have the three hospital groups plus Aspen Pharmacare and, and *** smaller pharmaceutical companies. So for me, the Sygnia healthcare ETF [Sygnia Itrix Solactive Healthcare 150 ETF] is how I’d go into navigating going offshore,
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