Contribution to headline earnings 30 June
2024
R million
30 June
2023
R million
FirstRand 474 605
Discovery 90
Momentum 160 141
Other portfolio investments 88 58
812 804

FirstRand Limited (FirstRand)

Effective interest 2.2%

Profile:

FirstRand, through its portfolio of integrated financial services businesses comprising FNB, RMB, WesBank, DirectAxis, Aldermore, MotoNovo, Ashburton Investments and MotoVantage, operates in South Africa, certain markets in sub-Saharan Africa, the United Kingdom, and India.

Website: www.firstrand.co.za

Discovery Limited (Discovery)

Effective interest 7.8%

Profile:

Discovery is a global, integrated financial services organisation that uses a pioneering Shared-value Insurance model across businesses to achieve the core purpose of making people healthier and enhancing and protecting their lives.

Its products range from health insurance, administration and managed care of medical schemes, life insurance, short-term personal and commercial insurance, long-term savings and investments, banking and behaviour-change programmes.

Website: www.discovery.co.za

British American Tobacco plc (BAT)

Effective interest 0.1%

Profile:

Leading, multi-category consumer goods business, with the purpose to build a better tomorrow by reducing the health impact of the business through offering a greater choice of enjoyable and less risky products for the consumers. The company sells five main categories of products: Vapour, Heated Tobacco, Modern Oral, Traditional Oral and combustible cigarettes.

Website: www.bat.com