South African based financial services group MMI Holdings has taken the decision to change its name to Momentum Metropolitan Holdings.
South African based financial services group MMI Holdings has taken the decision to change its name to Momentum Metropolitan Holdings. This move aims to promote the well-known brand names of two of the strongest companies within the group; Momentum and Metropolitan.
MMI makes good progress in third quarter
Commitment to Reset and Grow strategy has positive impact on business results.
Momentum Investments has been recognised by the Raging Bull Awards – lauded as the Oscars of the asset management industry – for top performance in three categories at the esteemed event held in Cape Town on Wednesday, 30 January 2019.
The MMI Group has become the first major insurance group to reach Level 1 Broad-Based Black Economic Empowerment (B-BBEE) status under the revised Financial Sector Code (FSC).
Today MMI Holdings Limited (JSE: MMI) released its results for the twelve months ending 30 June 2018. This set of results follows a financial year in which the MMI Holdings Board initiated turnaround changes, including appointing new executive leaders and tasking them with positioning the business for improved performance and future growth.
aYo, a 50/50 joint venture launched in September 2016 between MMI Holdings and MTN Group, exceeded the one million clients enrolled milestone in Uganda in June. The microinsurer, which began its roll out in Uganda in January 2017 provides pre-paid MTN customers with free and paid-for life and/or hospital cover each time they load MTN airtime.
Finance Minister Nhlanhla Nene will deliver the keynote address at South Africa’s biggest board meeting, The Directors Event, which will take place at the Sandton Convention Centre on 8 June 2018. President Ramaphosa, who was initially scheduled to deliver the keynote address, will unfortunately not be in attendance as a result of government programme demands.
On 8 June, some of the country’s most prominent public and private sector business leaders, as well as government officials including Mmamoloko Kubayi-Ngubane, Minister of Science & Technology, and Enoch Godongwana, Chairperson of the ANC sub-committee on Economic Transformation, will be getting together at an event described as SA’s biggest board-meeting, The Directors Event.
