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LATEST NEWS FOR Old Mutual Ltd.  

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]

‘Tsunami’ of legal certainty, now insurers must pay up

19 Jan 2021 /  Suren Naidoo   9
UK business interruption test case ruling reinforces hospitality industry calls for Covid-19 claims to be settled.

Massive Covid-19 blow for insurers: Guardrisk loses Supreme Court appeal

UPDATE
17 Dec 2020 /  Suren Naidoo   15
New precedent in Café Chameleon business interruption insurance case could open the way for billions of rand more in pandemic-related claims

Simon’s weekly wrap: EasyEquities, inflation, listed property and diversification

4 Dec 2020 /  Simon Brown  
MoneywebNOW looked at EasyEquities’ explosive growth; whether inflation has been tamed; a rural and township mall fund; investing offshore; 12J and more.

Prescription: Getting the shoe on the right foot

4 Dec 2020 /  Allan Greenblo   1
Pension funds must specify to government precisely their terms and conditions for participation in infrastructure investment.

New EGG store welcomes 7 000 shoppers in first two days of trading

4 Dec 2020 /  Thando Maeko   3
Customers have 250 local and international brands to choose from while SMMEs benefit from support, innovation and exposure.

More evidence of the need for a fresh approach to corporate governance

30 Nov 2020 /  Ann Crotty   5
This time courtesy of EOH and PPC.

Old Mutual Insure the latest loser in Covid-19 claims battle

26 Nov 2020 /  Suren Naidoo   7
Luggage retailer Interfax wins business interruption insurance case in Western Cape High Court.

Santam fails to get Guardrisk’s Café Chameleon appeal postponed

UPDATE
24 Nov 2020 /  Suren Naidoo   7
Judgment reserved in landmark business interruption insurance case, but decision expected before year end.

Octodec and Indluplace see residential vacancies more than double

19 Nov 2020 /  Suren Naidoo  
In line with SA’s overall flat vacancy rate spiking to 11%.

Corporates commit to paying SME suppliers within 30 days

18 Nov 2020 /  Moneyweb   7
More than 50 big companies are already backing B4SA's #PayIn30 initiative.

Ma-Afrika wins court battle against insurance giant Santam

UPDATE
18 Nov 2020 /  Suren Naidoo   16
Another blow to short-term insurers trying to wriggle out of honouring Covid-19 business interruption claims.

Old Mutual raises R2bn in debt

17 Nov 2020 /  Emma Rumney, Reuters   1
In a bond sale.

Rumbling of the bulls

9 Nov 2020 /  Larry Claasen  
Covid vaccine boosts markets.

Old Mutual CEO reboots strategy after brawl with predecessor

3 Nov 2020 /  Roxanne Henderson and Loni Prinsloo, Bloomberg   3
'In the South Africa market we still see quite a number of pockets of growth.'

Café Chameleon wants business interruption insurance case concluded at SCA

3 Nov 2020 /  Suren Naidoo   10
Short-term insurers and their clients eagerly await the Supreme Court of Appeal judgment in the case involving Guardrisk.

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