Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. The Group was established in Cape Town in 1845 as South Africa’s firs... [more info]
A look at Massmart’s performance and excessive executive pay, Old Mutual (and the fallout of that Covid bonus?), and the dual challenge that’s leading to increasing desperation from Naspers/Prosus.
Africa Wealth Report 2021 estimates around 4 200 millionaires left SA over the past decade, but the depreciating rand and Covid-19 fall-out are also to blame.
‘Investors and members of retirement funds need not panic that this is going to result in irresponsible investments being made’: Malusi Ndlovu – director of large enterprises, Old Mutual.
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