|Momentum Africa is part of the FirstRand group, one of the top ten companies on the
Johannesburg Stock Exchange with a market capitalisation in excess of US$15bln.
Momentum Pty Ltd; the parent company of Momentum Africa is the third largest insurance
company in South Africa.
Momentum Africa’s core business is health insurance in
Africa. The following figure below shows the structure of FirstRand and the position of
Momentum Africa within it.