Edward West edward.west@inl.co.za THE MOMENTUM Metropolitan Health Group, one of the biggest private healthcare groups with more than 3.2 million clients, is partnering with major labour unions and notable black business leaders to help it provide healthcare for more South Africans.
The group announced a transaction yesterday that will see 32 percent of its shareholding owned by Nehawu Investment Holdings, the investment company of the National Education, Health and Allied Workers’ Union (Nehawu), Popcru Group of Companies (PGC), investment company of the Police and Prisons Civil Rights Union, as well as business leaders in the health sector: Dr Gil Mahlati, Professor Lucky Mathebula, Dr Ntombi Mutshekwane, Mogologolo Phasha, Dr Sello Rathete and Dr David Sekete.
Momentum Metropolitan Health chief executive Hannes Viljoen said the deal, the rand value of…