Momentum’s major exit after a combined 40 years

• Momentum Group has completed its withdrawal from Ghana and Mozambique after 19 and 21 years, respectively.
• The exits were part of a broader restructuring of its African operations, with the group focusing on markets where it sees stronger opportunities.
• The sales of its Ghana and Mozambique operations resulted in a R1 million profit and a R187 million loss, respectively, and were completed in September 2025 and August 2026, respectively.