ARTICLES RELATING TO OLD MUTUAL

SA banks under pressure as economy stumbles

2016-04-28 16:26

South African banks are facing growing credit risks as the economy worsens, warns rating agency Standard & Poor's.

SA banks comply with Zim indigenisation laws

2016-04-01 18:12

All foreign owned banks operating in Zimbabwe have submitted credible indigenisation and economic empowerment plans in line with the March deadline.

Old Mutual breakup adds to SA financial market woes

2016-03-11 20:03

Old Mutual’s plan to separate its four businesses adds further uncertainty to SA’s financial-services industry, which is already under pressure.

Old Mutual not selling Nedbank stake to strategic investor

2016-03-11 12:22

Old Mutual does not intend to sell its share in Nedbank to a new strategic investor, SA's regulatory bodies say in a joint statement.

Old Mutual soars on split speculation

2016-03-07 11:43

Old Mutual and Nedbank have called reports that the life insurer is drafting a plan to split itself up into four standalone companies as "media speculation".

Old Mutual break-up: Details will be unveiled soon

2016-03-06 20:00

Old Mutual says it will unveil its strategic review within the next couple of days, following speculation that it is drafting a plan to split itself up into four standalone companies.

Video
Better pay for workers in Brazil, Argentina and South Africa

Scholar Christiaan Meiring considers the implementation on national minimum wage in developing and developed countries. He argues a socially-oriented policy framework and minimum wage is unlikely to lead to a ratings downgrade.

0 comments801 Views
Video
SA's labour environment is volatile, says scholar

"We have a very volatile labour environment at the moment," says scholar Christiaan Meiring. He argues a national minimum wage would be a successful way to appease labour.

0 comments338 Views

EXCLUSIVE: Economic crisis has rendered SA sober - Khoza

2016-02-16 14:47

South Africa is in a crisis of mammoth proportions which has finally brought about a convergence of government and business, says former Nedbank chair Dr Reuel Khoza.

Manuel adds major muscle to Old Mutual board

2015-12-03 11:19

Old Mutual SA has scored a boost in its aim to comply with the Twin Peaks supervisory regime as former Finance Minister Trevor Manuel will become its chairperson.

 

Old Mutual mulls JSE listing of emerging-markets unit

2016-04-20 20:01

Old Mutual’s emerging-markets unit, with holdings that include Old Mutual South Africa and Mutual & Federal, may be listed in Johannesburg.

Old Mutual Zim reports strong results

2016-03-31 10:22

Old Mutual Zimbabwe has announced an adjusted operating profit of $76.0m, up 5% from the prior year with solid performances by the banking unit and the life business.

Investors take profit on news of Old Mutual split

2016-03-11 13:42

Old Mutual's share price dropped more than 6% after the group confirmed plans to separate into four business units.

Can Old Mutual make a comeback?

2016-03-10 22:49

It remains to be seen whether Old Mutual can regain its standing among local investors as it readies to announce its restructuring review under new CEO Bruce Hemphill.

SHARE WATCH: Keep an eye on Barclays Africa, Old Mutual

2016-03-07 08:43

Among this week's "five shares to watch" are Barclays Africa and Old Mutual, which have announced they'd be selling their African operations or parts thereof.

Old Mutual mulls split - report

2016-03-06 10:43

Old Mutual Plc is drafting a plan to split itself up into standalone companies that will carve out South Africa’s Nedbank, according to Sky News.

Video
National minimum wage could narrow wealth gap

Implementing a moderate national minimum wage could narrow the gap between rich and poor in South Africa. This is according to scholar Christiaan Meiring who won the 2015 Nedbank Old Mutual Budget Speech competition in the undergraduate category.

0 comments543 Views

VAT hike could be answer to SA woes - expert

2016-02-21 16:22

A VAT hike would almost certainly stabilise the rand and satisfy the ratings agencies enough to avoid the looming threat of a downgrade of SA to junk status, says an expert.

SA banking jobs at risk - Sasbo

2016-01-29 19:10

Sasbo says SA's biggest banks are expected to consider reducing staff numbers to control costs because of the country's slowing economy.

Old Mutual unit buys largest SA golf store

2015-12-02 07:56

Old Mutual’s private-equity unit has bought a majority stake in golf retailer MoreCorp as it bets on demand from an expanding upper-middle class.

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