Tag: hillie meyer

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.

COVID-19 mutes Momentum Metropolitan’s upward curve

Momentum Metropolitan has canned its target to deliver normalised headline earnings of as much as R4 billion in 2021, due to the impact of Covid-19. The financial services group says it’s not certain how the health and economic consequences of the pandemic will impact future earnings or sales. Hillie Meyer, CEO of Momentum Metropolitan Holdings joins CNBC Africa for more.
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