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Momentum reports 58% decline in headline earnings, withholds final dividend

In what has become a common occurrence in the current economic environment, Momentum has decided to hold on to its final dividend. This is at the insurance group’s headline earnings declined by 58 per cent. Additional provisions for COVID-19 and investment market losses were a major hurdle. Momentum CEO, Hillie Meyer joins CNBC Africa for more.

Wed, 09 Sep 2020 16:32:46 GMT
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