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RMI Holdings
Information by Research TrustFinance
Rand Merchant Investment Holdings (RMI Holdings) was a strategic investment holding company founded in 2011 after being unbundled from Rand Merchant Bank Holdings. Its mission was to be a value-adding, active partner to a portfolio of specialist insurance and investment businesses. The company's key investments included significant stakes in major South African financial institutions like Discovery, Momentum Metropolitan Holdings, and OUTsurance. In 2022, RMIH executed a major strategic restructuring, unbundling its holdings in Discovery and MMI to its shareholders and subsequently delisting from the Johannesburg Stock Exchange (JSE).
South Africa
Industry
Financial