Momentum Metropolitan Health to partner with labour unions

The Momentum Metropolitan Health Group announced today that they will be partnering with major labour unions and notable black business leaders to improve healthcare for South Africans. “We are bringing together an exciting set of stakeholders who have the same positive intent and required skills to uniquely solve for a better future for our society by improving our healthcare industry. The partnership between major labour unions, exceptionally credible black industry leaders and our company’s capabilities and management competence, gives us the ability to work together to create more health for more people for less. Essentially, we are gearing up to enable universal access to healthcare for all South Africans.”

The health group, which includes Momentum Health Solutions and Metropolitan Health Group, currently serves more than 3.2 million South African clients, including individual consumers and employee groups in the retail, corporate and public sectors. To create this purpose-driven partnership Momentum Metropolitan Health will participate with 68% of the shareholding, whilst 32% will be owned by NEHAWU Investment Holdings (NIH), the investment company of the National Education, Health and Allied Workers’ Union (NEHAWU), POPCRU Group of Companies (PGC), the investment company of the Police and Prisons Civil Rights Union (POPCRU) as well as individual business leaders in the health industry, namely Dr Gil Mahlati, Prof. Lucky Mathebula, Dr Ntombi Mutshekwane, Mr Mogologolo Phasha, Dr Sello Rathete and Dr David Sekete.

Viljoen said that partnering with labour unions gives them the opportunity to bring healthcare to more of South Africa’s labour force, thereby reducing the burden on the country’s public sector health capabilities and budget. “In addition, the individuals we approached have been highly successful contributors to the health sector. Including these dynamic black leaders not only supports much-needed transformation in the healthcare industry, but also brings unique skills and expertise to the partnership. On a macro scale, together with Momentum Metropolitan Health’s strong leadership team and its wide range of reliable and mature capabilities, the partnership intends to improve the health of our society and the productivity of our nation,” Viljoen added.

“PGC has been working with Momentum for a number of years, so with the new stakeholders, we are confident that the vision that has been in development for quite some time can be realised,” said the PGC Group CEO, Tshaka Mdiya.

Makgane Thobejane, CEO of Nehawu Investment Holdings concluded: “We are very excited to be part of a positive force that provides more health to more South Africans. The Momentum Metropolitan Health Group is a strong, successful and credible company that already delivers health solutions to a large portion of our workers and the overall health sector. This transaction acknowledges the role of labour in healthcare and creates a shared value model that benefits the working class and society in South Africa.”