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Momentum Plans Acquisitions to Grow South Africa Adviser Network

Bloomberg Markets •
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Momentum Group Ltd. is pursuing acquisitions to expand its network of financial advisers and drive sales in South Africa. The investment and medical-insurance company aims to grow its advisory force to secure growth, particularly in life products. CEO Jeanette Marais stated the company is actively exploring the acquisition space to exponentially increase its adviser base.

The strategy is intended to bolster Momentum's market position and enhance its product distribution capabilities across the country.