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Momentum Metropolitan Holdings Limited (Momentum Metropolitan)

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Give a little, get a lot: Volunteering as a mental health panacea

Have you ever commended someone who regularly volunteers for charitable causes, only to be met with a suspiciously humble response such as, “Oh no, I get far more out of it than the cause I support!” The implication is that their actions – while perceived by others as selfless – are, in fact, self-motivated.

Spinach and skills-based volunteerism - what a leafy green veg can teach us about the power of the collective


Pivot. Adapt. Agility. Arguably this past year’s three most overused buzzwords - and, if the countless pandemic-era think pieces are to be believed, the key to flourishing in the ‘new normal’ (another COVID catchphrase.) Yet the truth is, we’re dizzy from all this pivoting.

Fighting hunger the Lesedi way



Momentum Metropolitan CSI Manager Charlene Lackay outlines the importance of giving back as individuals and how corporates like Momentum Metropolitan empower their employees to make it happen. In the initial stages of the lockdown in April 2020, 28% of South Africans were going to bed hungry.

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Momentum Metropolitan Holdings concludes exit from Tanzania - Local shareholders step up as majority owners

Momentum Metropolitan Holdings has announced the conclusion of the transaction to sell its equity stake in its Tanzanian Businesses, and thus exiting the Tanzanian market. The closing conditions of the transaction have now been completed which sees local shareholders acquiring Momentum Metropolitan’s 67% interest in Metropolitan Tanzania Insurance Company Limited (MTICL) and Metropolitan Tanzania Life Assurance Company Limited (MTLACL) (together the “Companies”).

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Momentum Metropolitan makes board appointments

It is with pleasure that the Momentum Metropolitan Group announces the appointment of two new members to its Board. Nigel Dunkley with a long-standing and successful association with the Group, most recently representing Momentum Metropolitan’s (MMH) interests in the UK, Guernsey and Gibraltar and Seelan Gobalsamy, strategically astute and a top-performing and experienced business leader.

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Momentum Metropolitan secures accreditation for four mass vaccination centres

Momentum Metropolitan Holdings has completed the registration and accreditation of four mass vaccination centres in Cape Town, Durban, Johannesburg and Pretoria, and expects to start administering vaccines later this week in Gauteng depending on the delivery of the first vaccine consignments ordered. The coastal centres are expected to follow suit next week, again dependent on the delivery of the vaccine consignments.

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Momentum Metropolitan delivers on empowerment promise for all permanent, SA-based employees

Momentum Metropolitan Holdings today (Thursday 22 April 2021) delivered on its proposed Employee Ownership Share Plan (ESOP) empowering over 13,000 employees from an allocation of over 44.9 million shares. This follows the shareholder approval as announced in November 2020.

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Update on COVID-19 Vaccination Rollout Strategy

We have been working hard with government and other role-players in driving a successful vaccine rollout strategy. We would like to share our progress on enabling the vaccination of our members and South Africans. (Our members include all members of all the medical schemes administered by our Health business.)

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Momentum Metropolitan’s Cyber Security Team issue cautionary to consumers to be alert to not get taken by scammers.

As times get tougher, scammers are becoming more determined and craftier at cheating people of their money. Stay alert and report any suspicious behaviour to your financial advisor.

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Momentum Metropolitan’s operating performance continued to improve, but earnings lower due to Covid-19

Group grows new business by 14% in difficult conditions

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Momentum Metropolitan named Top Employer

Momentum Metropolitan Holdings has been awarded Top Employer Certification from the International Top Employer Institute, the global HR authority on certifying excellence in employee conditions.

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Momentum Metropolitan concludes exit from Zambia

Momentum Metropolitan’s employee share ownership programme (ESOP) to strengthen its B-BBEE ownership and retain its competitive Level 1 B-BBEE rating, has received the requisite approval from shareholders and will now proceed to implementation. The vote took place during a General Meeting, held in Johannesburg on 26 November 2020. The transaction was resoundingly supported by more than 99% of shareholders, more than the 75% required.

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Momentum Metropolitan’s shareholders approve empowerment transaction incorporating all permanent South African-based employees

Momentum Metropolitan’s employee share ownership programme (ESOP) to strengthen its B-BBEE ownership and retain its competitive Level 1 B-BBEE rating, has received the requisite approval from shareholders and will now proceed to implementation. The vote took place during a General Meeting, held in Johannesburg on 26 November 2020. The transaction was resoundingly supported by more than 99% of shareholders, more than the 75% required.

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