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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]

Simon’s weekly wrap: China’s investment case

4 Jun 2021 /  Simon Brown   1
This week MoneywebNOW looked at local bank valuations, the global pet care industry and retail stocks.

Old Mutual responds to complaints of low returns

1 Jun 2021 /  Adriaan Kruger   85
Client says underlying funds performed well, but fees absorbed most of his growth.

Balwin Properties announces BEE deal

UPDATE
26 May 2021 /  Suren Naidoo   18
Involving businessman Aobakwe Kukama and aimed at boosting its empowerment credentials.

‘Just eat’ – a lucky escape for one and an appropriate moniker for most listed companies

24 May 2021 /  Ann Crotty   4
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.

Old Mutual pays out R2.7bn in Covid-19 death claims in Q1

21 May 2021 /  Emma Rumney, Reuters   3
'We continue to closely monitor our claims experience as future waves and their impacts remain uncertain.'

South Africa’s private wealth plunges

UPDATE
21 Apr 2021 /  Suren Naidoo   23
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.

Old Mutual to rate all its unit trusts in terms of ESG scoring

21 Apr 2021 /  Simon Brown   4
'In 2020 we saw ESG index funds grow by 221% to $189 billion [in assets]' - Elize Botha, MD of Old Mutual Unit Trusts.

Cape Town’s fire: The cost of the damage

19 Apr 2021 /  Nompu Siziba   3
Old Mutual Insure spokesperson Christelle Colman says some parties estimate that the loss could be as high as R1bn.

We’ve sharpened our focus: Old Mutual Investment Group MD

7 Apr 2021 /  Patrick Cairns, Citywire   25
Tebogo Naledi believes OMIG is now very well positioned to respond to client needs.

Old Mutual remains cautious about Covid-19

24 Mar 2021 /  Adriaan Kruger  
Prepared for a third wave of infections and deaths similar to the first.

Old Mutual reports R5.72bn loss, restores dividend

23 Mar 2021 /  Nompu Siziba   
Iain Williamson – CEO, Old Mutual

Old Mutual se lewenseise skiet ook deur die dak

23 Mar 2021 /  Moneyweb  
Casper Troskie – finansiële hoof, Old Mutual

Old Mutual warns of full-year loss

8 Mar 2021 /  Shanima A and Emma Rumney, Reuters   1
On Covid-19 provisions hike.

Old Mutual bets on African data center growth with Ghana deal

4 Mar 2021 /  Loni Prinsloo and Roxanne Henderson, Bloomberg  
As it expands to take advantage of a shortfall in cloud storage capacity on the continent.

How the proposed amendments to Reg 28 will affect your retirement

1 Mar 2021 /  Nompu Siziba   4
‘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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