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Group has received about 150,000 withdrawal applications worth R2.5bn since implementation of two-pot retirement system
27 September 2024 – 14:35
by Jacqueline Mackenzie
Positive contributions from most business units boosted Centurion-based Momentum’s annual earnings, though the group sounded a note of caution about the subdued economy and the effect of that on its operating environment.
Normalised headline earnings for the year ended June were up 27% at R4.44bn, while normalised headline earnings per share (HEPS), which adjust for nonoperational factors, rose 32% to 309.7c…
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