Oil price drop could bring surprise U-turn for SA

2015-01-27 16:10

Drastic declines in the international oil price and sharp cuts in the local petrol price could herald a sharp turnaround in SA’s fortunes, says an expert.

Menlyn, Cavendish malls strike R10bn deal

2015-01-15 11:29

Old Mutual and Pareto Limited have entered into an asset swap transaction that involves Menlyn Park in Pretoria and Cavendish Square in Cape Town.

Old Mutual may raise India joint venture stake

2015-01-09 11:37

Old Mutual's CEO says the company will discuss upping its stake in its Indian joint insurance venture with partner Kotak Mahindra after an Indian rule change.

Old Mutual increases its Africa footprint

2014-12-04 17:00

Old Mutual says it has embarked on a capital-raising programme to increase its investment in sustainable projects by a further $1bn.

Nedbank to merge two banking units

2014-11-26 11:01

Nedbank will merge its corporate and investment banking units, bringing wholesale operations under one management team.

Old Mutual sales slip on softer rand

2014-11-05 11:42

Sales at financial services group Old Mutual have fallen in the third quarter due to weakness in the rand and outflows from institutional investors.

Old Mutual property unit merges with UK firm

2014-10-24 14:26

Money manager Old Mutual Global Investments has announced the merger of its property fund division into Henderson UK property OEIC, forming a £2.7bn fund.

R48m assets order against Mulaudzi reversed

2014-10-13 19:39

The Western Cape has reserved a provisional order to seize R48m worth of assets from Luvhombo Group executive chair Matthews Tuwani Mulaudzi.

Old Mutual completes sale

2014-10-01 18:45

Old Mutual Plc has announced the sale of Skandia Germany and Skandia Austria to Heidelberger Leben Group.

Businessman defrauds Old Mutual of R48m

2014-09-10 19:12

The NPA has seized assets worth over R2.5bn in the past five months, with a large amount coming from a businessman who defrauded Old Mutual.

The pros and cons of voluntary annuities

2014-08-28 18:27

A Fin24 user wants to know more about the advantages and disadvantages of voluntary annuities.

Interesting stats on women and money

2014-08-14 14:23

When it comes to spending money and saving, there are differences between the behaviour of men and women, research shows.

Abil crisis knocks JSE for second day

2014-08-08 07:39

The JSE fell for a second straight session as African Bank Investments stocks plunged further on fears it may be unable to plug a huge deficit in its finances.

Debarred Old Mutual adviser opens can of worms

2014-07-01 07:42

When Old Mutual debarred one of its award-winning advisers and a few months later started legal proceedings to get back a joining bonus it opened a can of worms.

S&P downgrade big blow for SA - Old Mutual

2014-06-15 12:52

The longer-term outlook of Standard and Poor's downgrading is concerning as South Africa is only one notch above "junk" status, says a chief investment strategist.

Old Mutual sales up by a quarter

2014-05-15 09:15

Financial services group Old Mutual's gross sales were up 24% in the first three months of 2014 on a constant currency basis, ahead of expectations.

Why pay tax on a loan from a pension fund?

2014-04-24 16:26

A Fin24 user is surprised to find out that he must pay tax on an outstanding loan amount, taken from his pension fund, now that he has resigned.

Pravin vs Manuel

2014-03-04 18:39

The economy is stuck in second gear since Pravin Gordhan came in, says Dave Mohr.

Old Mutual profit growth flattened by currency hit

2014-02-28 13:34

London-listed financial services group Old Mutual has seen a 15% rise in profits in 2013 on the back of robust sales wiped out by a foreign exchange hit from its core South African market.

Debarred adviser: Old Mutual wants money back

2014-02-05 12:39

Documents filed at the Port Elizabeth High Court shows Old Mutual paid the now debarred financial adviser James Stern R1.7m to entice him to join its ranks.

Extra savings for retirement

2014-02-04 15:09

A Fin24 user wants to know how much more he has to save in order to have the same income once he retires in about 15 years' time.

Old Mutual debars 'top' financial advisor

2014-01-20 15:38

Old Mutual has debarred a "top" financial advisor, because "he does not comply with personal character qualities of honesty and integrity".

Your most important new year's resolution?

2014-01-06 14:00

You're spending lots of money with it being the silly season and all, but it can be detrimental to your savings.

Old Mutual lifts assets on markets boost

2013-11-06 10:16

Financial conglomerate Old Mutual says its assets have risen 14% in the year to date, boosted by rising markets and positive client net cash flows.

Old Mutual launches indigenisation shares

2013-10-07 15:30

Old Mutual Zimbabwe has started trading B class shares issued under the indigenisation and empowerment programme to selected institutions and individuals.


Start-up seeks boosting remittances to Zimbabwe

2015-01-21 15:26

Insurance firm Old Mutual has partnered with South African start-up ‘Mama Money’ to help make mobile-based money remittances to Zimbabwe easier.

Vassi Naidoo prospective new Nedbank chair

2015-01-13 15:15

The Old Mutual and Nedbank boards have announced that Vassi Naidoo will join the board as a non-executive director.

Sasha Naryshkine: My top stock pick for 2015

2015-01-06 10:52

Sasha Naryshkine offers his perspective on the London Sunday Times selecting Old Mutual as one of the best stocks to buy in 2015.

Carlyle, Old Mutual to acquire SA tyre firm

2014-11-26 18:47

US buyout firm Carlyle Group and the private equity arm of insurer Old Mutual have agreed to buy Tiger Automotive from Ethos Private Equity.

Questions about a 'forgotten' retirement annuity

2014-11-18 13:22

A Fin24 user wants options regarding his mother's "forgotten" retirement annuity and advice for his father, who does not believe in investments and policies.

Old Mutual to build low-cost housing in Zim

2014-10-31 09:44

Old Mutual Zimbabwe intends to build 15 000 low-cost housing units in the next five years as it aims to grow an African-based emerging markets business.

Old Mutual wealth to buy UK firm for £585m

2014-10-17 15:45

Financial services group Old Mutual's wealth arm is planning to buy UK money manager firm Quilter Cheviot, to strengthen its focus on richer clients.

Old Mutual in talks to buy UK wealth firm

2014-10-10 11:33

Financial services group Old Mutual is reportedly in advanced talks to acquire Quilter Cheviot, one of Britain's biggest independent wealth managers.


Cape Town has added a striking "crystalline" skyscraper to its skyline - the first high-rise 5-Star Green Star building in Africa.

2 comments 9407 Views

Businessman in R100m graft probe

2014-09-08 08:44

A Gauteng businessman is being investigated for alleged fraud and money laundering that cost Old Mutual close to R100m, a report says.

Various activities planned for Portside building

2014-08-14 17:00

Various activities are planned at the new Portside building, the highest building in Cape Town, to benefit the community of Cape Town.

Flexible new savings product launched

2014-08-13 18:23

Old Mutual has launched a flexible new savings product, which provides for customers’ long and short term needs.

Strikes fallout impacts Old Mutual sales

2014-08-07 11:52

Old Mutual says the economic fallout from mining strikes across South Africa would weigh on full-year sales.

7 principles for building wealth

2014-06-26 16:53

An expert looks at 7 common threads that link the production and appreciation of a great wine to the principles underpinning the building of wealth.

Sales in Africa boost Old Mutual

2014-05-15 11:21

Old Mutual has posted a 24% rise in gross sales, helped by a strong performance in Africa after signing agreements in Nigeria and Ghana.

Old Mutual appoints new CFO, COO

2014-05-14 11:47

Insurer Old Mutual says a senior Nedbank executive will become its new finance director, joining a small group of female FTSE 100 finance chiefs.

Four quick investment lessons

2014-03-19 17:32

Investors must understand that their portfolios are not only influenced by market movements, but also by their own actions, warns an expert.

Budget 2014: Pravin vs Manuel

2014-03-04 17:49

When Trevor Manuel was finance minister, a booming economy and increased efficiency in tax collection meant there was scope to expand welfare spending.

Budget tax hike could hit investor portfolios

2014-02-26 10:07

Tax rates could rise in a sluggish economy which doesn’t generate enough tax revenue, which in turn would put pressure on company profits, warns an expert.

Create a sustainable income for retirement

2014-02-04 15:48

About 39% of senior citizens reckon they will probably have to work after retirement age to be able to save enough, according to an Old Mutual survey.

Debarred adviser tops at Sanlam, Old Mutual

2014-01-26 11:05

Fin24 has learnt that the debarred financial adviser James Robert Stern has been recognised as a top financial adviser by both Old Mutual and Sanlam.

Kirstenbosh Gardens with Jimmy Nevis

2014-01-15 10:55

Alternative pop singer and song writer, Jimmy Nevis to perform at Kirstenbosh Botanical Gardens on 26 Jan 2014.

Your most important new year's resolution?

2014-01-02 10:06

You're spending lots of money with it being the silly season and all, but it can be detrimental to your savings.

W Cape fraudster abandons appeal

2013-10-24 20:31

A former Old Mutual team leader, who was jailed for four years on 62 counts of fraud, has abandoned an application for leave to appeal against her sentence.

SA's best employer named

2013-10-03 11:34

The top ranked companies in the 2013 Deloitte Best Company to Work For Survey have been announced, with Old Mutual Life Insurance taking top honours.

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