Momentum Metropolitan flags economic risks
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Insurer, Momentum Metropolitain has seen a 53% spike in normalised headline earnings and that's thanks to cost cutting and new business growth. The company is aware that cost cutting can only do so much and says that it will focus on revenue growth moving forward but the group has warned that its bracing itself for single digit growth next year as the outlook on the economy remains dim. Business Day TV caught up with the company's CEO, Hillie Meyer for a closer look at the numbers.