On November 27, Business Day reported that private hospital groups are scrambling to put plans in place to cope with the sharp rise in coronavirus cases on the Western Cape’s Garden Route.
Health Minister Zweli Mkhize defended the government in Parliament for its planned Health Department budget cuts amounting to R680-m, as fresh fears of a second wave of the Covid-19 pandemic surface, reported Sunday Times Daily (26 November 2020).
On November 25, The Citizen reported that - according to the latest Covid-19 test results - 14 out of 100 tested patients came back positive, a figure significantly higher than when the country had reached its peak in July.
Like its competitors, Mediclinic and Life Healthcare, Netcare has had a tough five years. Its share price declined by more than 65% since 2015, followed by Life Healthcare at just over 50% and Mediclinic at almost 50%. At the heart of their issues were regulations, a tough economy, tariff changes and, most recently, the impact of Covid-19, reported Fin24 (25 November 2020).