Momentum | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Momentum is a trusted financial services company based in South Africa, offering a wide range of products including medical aid,...
Momentum is a trusted financial services company based in South Africa, offering a wide range of products including medical aid, insurance, investment solutions, and estate planning. As part of the Momentum Group Limited, which is listed on the Johannesburg Stock Exchange, the company focuses on providing tailored financial advice and solutions to both individuals and businesses, helping them achieve their financial goals.
Website
Headquarters
Centurion, Gauteng
Size
10,001+ employees
Industry
Financial Services
Specialities
+ Short-term insurance for car, home and other needs, + Life, disability and critical illness insurance, + Retirement, + Savings and investment solutions, + Medical Aid and health solutions, + Wellness and rewards programme
🛍️ Momentum Product and Pricing News →
👔 Momentum CEO, Management and Leadership Team →
⚔️ Momentum Alternatives and Competitors →
💼 Momentum Hiring and Layoffs →
🤖 Momentum Developer, Integration and Automation News →
📈 Momentum Financials, Fundraising and Valuation News →
🛍️ Momentum Product and Pricing News
- AM Best downgraded Momentum Life Limited's credit ratings and placed them under review with negative implications due to weakened capital position and regulatory solvency concerns.
- Momentum launched the Science of Success podcast series featuring host Lwazi Madonsela and co-hosts Ling Ganya and Regomoditswe Mamogale.
- Momentum's 2024 Sci-Fi report reveals that discretionary investors and retirees in living annuities who switched funds by September 2023 lost over R65 million due to behavior tax.
- On March 3, Nina Saad from Momentum participated in a discussion about the Two Pot System with Joey Sankar and Brian Karidza.
- Momentum Health is facing numerous customer service complaints, including unresolved claims, lack of communication, and unjustified cancellations, as reported by multiple customers in February and March 2025.
- Fränzo Friedrich, Head of Marketing at Momentum Investments, advises on using tax incentives for retirement planning to save on taxes and improve investment outcomes.
- Momentum received a 96% employee approval rating for its benefits, including mental health, wellness programs, and career support.
- Momentum cancelled their 'Beyond the Budget Speech' event originally set for February 20, 2025, due to the postponement of the Budget Speech.
👔 Momentum CEO, Management and Leadership Team
-
Provincial Executive
[email protected] -
CEO[email protected]
-
Chief Financial Officer
-
Non Executive Director[email protected]
-
Chief Financial Officer[email protected]
-
Divisional CEO[email protected]
-
CEO[email protected]
⚔️ Momentum Alternatives and Competitors
- multiply.co.za |
- sanlam.co.za |
- oldmutual.co.za |
- bonitas.co.za |
- Discovery Limited |
- Hollard Insurance |
- Liberty Group South Africa |
- China Taiping Insurance |
- Mariner Wealth Advisors |
- MPS |
- Edward Jones
💼 Momentum Hiring and Layoffs
- Momentum appointed Dr. Jacobus Johannes Sieberhagen as an independent non-executive director effective March 1, 2025.
- Momentum is currently seeking a Provincial General Manager in South Africa.
- Momentum is currently seeking a Head of Data for their Group Technology COE in South Africa.
- Momentum is currently seeking a Head of Alternative Channel in South Africa.
- Momentum is currently seeking a Head of Corporate Risk Solutions – Life in South Africa.
- Momentum's Human Capital Executive, Lettie-Basani Phume, showcased their office's sustainable solar panels and collaborative workspaces in a recent video.
- Andre De Winnaar, Distribution Channel Manager at Momentum Corporate, announced his intention to retire at 60 and seek new challenges.
- Letasha Japhta has joined Momentum as a Case Manager HRM in South Africa, previously working as a Nurse Practitioner at Dis-Chem Pharmacies.
🤖 Momentum Developer, Integration and Automation News
- Momentum Health, in partnership with SA Red Cross Air Mercy Service, is providing essential eye care services to remote communities in South Africa.
- Momentum Group collaborates with the Forgood movement to promote a culture of volunteering among its employees, enhancing engagement and productivity.
📈 Momentum Financials, Fundraising and Valuation News
- Momentum's February 2025 trading update shows a significant increase in earnings per share, headline earnings per share, and normalised headline earnings per share, all up by 43% to 55% year on year, driven by strong operational performance across all business units.
- Momentum Investments' recent Sci-Fi report reveals that investors who switched in 2024 lost R65 million.
- Momentum Real Growth Property Fund ranks 42nd out of 55 in the Property - Other Equity sector with a 5-year return of 15.4%.
People also viewed
