Life Healthcare Group, formerly Afrox Healthcare, is the second largest private hospital operator in South Africa, with 6,500 beds. It is also the largest black-owned hospital operator in South Africa. Afrox was traded on the JSE Securities Exchange until it was sold to Business Venture Investments Limited, a black empowerment group, in 2005. It bought Alliance Medical for about 10.4 billion rand, in November 2016. Wikipedia