The company stock dropped 4.7% after a share sale to institutional investors to generate cash for investment opportunities.

Mediclinic International has seen an increase in full-year profit as more patients have visited its hospitals and spent more money per visit.

But tariffs are also determined by medical inflation, including the cost of service providers.

Doctors have performed a ground-breaking heart operation on a 59-year-old woman in Cape Town, Mediclinic Southern Africa has confirmed.

South Africa’s second biggest private hospital group, Medi-Clinic, has posted a 19% rise in first-half profit.