20-03-2025
Momentum Africa Business Revamp to Boost Unit's Profit Up to 60%
Momentum Group Ltd. is working on a plan to grow full-year profit from its rest-of-Africa business as much 60% by mid-2027 through the insurer's review and revamp of the unit.
'If Africa can do 500 million rand ($27 million) to 600 million rand of earnings a year steadily and predictably, we'd be very happy,' Chief Executive Officer Jeanette Marais said in an interview Thursday.
