SA banks may be forced to list on ZSE

Zimbabwe may compel SA and other international banks operating in the country to list on its stock exchange, Finance Minister Tendai Biti reportedly said.

• Zim bankers fear indigenisation - survey
• Zim threatens Standard Chartered
• FNB launches SA-Zim cellphone banking

Old Mutual CEO paid R33m in 2012

Julian Roberts, the CEO of Old Mutual, one of SA's largest insurers, received a total compensation of R33m in 2012, according to the company's annual report.

• Still safety in Old Mutual shares - analyst
• Old Mutual shines on Nedbank strength
• Old Mutual to overhaul Skandia unit

Cavendish Nouveau bids farewell

Ster-Kinekor's Cavendish Nouveau cinema will close its doors for good today with Oscar-nominated musical Les Misérables as its final movie screening.

• Cavendish Nouveau closing date change error
• Ster-Kinekor to close Cavendish Nouveau
• Review: Les Miserables

Old Mutual sells US units worth $12bn

Insurer Old Mutual says it has completed the sale of five of its US affiliates to their respective senior management teams.

• Old Mutual shines on Nedbank strength
• SA's top employers unveiled
• Still safety in Old Mutual shares - analyst

Zim mayor faces probe over Old Mutual

Old Mutual and its subsidiary CABS may lose 3 000 residential stands in Zimbabwe over the Harare mayor's “compromised" position as chairperson of both firms.

• Zim equity: new investors may be exempt
• Don't ignore Zim
• Their own piece of pie

Old Mutual to overhaul Skandia unit

Old Mutual is rebranding its Skandia label in the UK as part of an overhaul of its merged asset management businesses.

• Still safety in Old Mutual shares - analyst
• Old Mutual sales get emerging market lift
• Old Mutual eyes African expansion
• Old Mutual shines on Nedbank strength
• Old Mutual gets nod for Nordic sale
• Old Mutual disposes of Finnish unit

SA's top employers unveiled

It's official - Old Mutual, Microsoft SA and MTN are the best employers in South Africa, according to a survey.

• Microsoft revamps logo
• The allure of Microsoft
• Apple the world's most valuable company

A home not enough for retirement

Many owners hope their homes will fund their retirement, but property experts say they are mistaken.

• Mega retirement fund members score more
• Pension preparation
• SA grapples with low savings rate

Free breathalyzer test at Zahara concert

Free breathalyzer tests are set to be offered at an Old Mutual Concert to be held in Krugersdorp where SAMA winner Zahara will be performing.

• Zahara cleans up at 18th SAMAs
• 'Unknown' breaks sales records
• Rolling Stone bets on SA music

Mantashe hits out at bank boss

ANC secretary general Gwede Mantashe has criticised Nedbank chairperson Reuel Khoza for his comments about a lack of leadership in South Africa.

• Nedbank: SA leaders undermine law
• ANC leadership united, Mantashe says

Old Mutual gets nod for Nordic sale

Old Mutual has received regulatory approval from the Swedish Financial Supervisory Authority for the disposal of its Nordic business to Skandia Liv.

• Old Mutual plans to acquire Nigerian firm
• New boss for Old Mutual EM
• Old Mutual, Sanlam eye JP Morgan unit
• Investors like the cleaner structure
• Emerging markets boost Old Mutual sales
• Old Mutual disposes of Finnish unit

Nedbank eyes leap in earnings

Nedbank Group says it expects full-year earnings to rise by as much as 28%, boosted by higher non-interest revenues and a better-performing retail unit.

• Banks move into Mzansi market
• Nedbank and AECI conclude R1bn deal
• Standard, Nedbank earn kudos
• Nedbank earnings to beat target
• Nedbank staffer is new banks regulator
• Nedbank offers hi-tech debt monitoring

Old Mutual, Sanlam eye JP Morgan unit

Insurers Old Mutual and Sanlam are in talks to set up a joint venture to buy JPMorgan's South African fund administation unit, a senior Sanlam executive says.

• New boss for Old Mutual EM
• Old Mutual to dump Nordic unit for $3.2bn
• Insurer tie-up gets green light
• Old Mutual disposes of Finnish unit
• Sanlam earnings soar
• Sanlam boasts 12% rise in insurance uptake

New boss for Old Mutual EM

Old Mutual has announced the appointment of Ralph Mupita as CEO of Old Mutual Emerging Markets.

• Old Mutual disposes of Finnish unit
• Old Mutual to dump Nordic unit for $3.2bn
• Emerging markets boost Old Mutual sales
• Market turmoil may delay Old Mutual US IPO
• Old Mutual scraps property fund listing
• Old Mutual makes Zimbabwe BEE deal

Old Mutual to dump Nordic unit for $3.2bn

Insurer Old Mutual is planning to sell its Nordic business to Skandia Liv for $3.2bn, to cut debt and return surplus capital from the deal to shareholders.

• Insurer tie-up gets green light
• Emerging markets boost Old Mutual sales
• Nedbank earnings to beat target
• Old Mutual makes Zimbabwe BEE deal
• Market turmoil may delay Old Mutual US IPO
• Old Mutual scraps property fund listing

Insurer tie-up gets green light

The Competition Tribunal has approved a proposed merger between Old Mutual Life Assurance and Momentum for certain assets and policies.

• Emerging markets boost Old Mutual sales
• Market turmoil may delay Old Mutual US IPO
• Old Mutual scraps property fund listing

Record entries for Awards

Entries for the Virgin Active Sport Industry Awards 2012 have now closed, with a record number of entries submitted.

• Last chance to enter awards
• Sport Industry Awards open
• Sports Awards gathers pace

Market turmoil may delay Old Mutual US IPO

Old Mutual says stock market volatility may affect the planned initial public offering of its US fund management business.

• Nedbank banks on higher earnings
• Old Mutual life sales miss forecasts
• Nedbank profit jumps 26%

Nedbank profit jumps 26%

Nedbank Group, SA's fourth-largest bank, has reported a 26% rise in first-half profit as bad debt charges fell and revenue from fees and commissions grew.

• Nedbank banks on higher earnings
• Non-interest income boosts Nedbank
• Nedbank share price shrinks
• Nedbank sees ongoing improvement
• Nedbank breaks earnings growth dry spell
• Nedbank headline earnings up 14.6%

How to build a R1m portfolio

A market analyst reveals his investment strategy for a R1m windfall.

Old Mutual life sales miss forecasts

Insurer Old Mutual says a plan to streamline the group and boost investor returns is progressing well as it reports weaker than expected life insurance sales.

• New rules to rein in SA insurers
• Old Mutual passes US sale hurdle
• Old Mutual narrowly beats expectations

Aon scores in South Africa

Global risk management firm Aon is building its brand with a little help from Manchester United, writes Shaun Harris.

• AON makes move to acquire Glenrand
• Glenrand earnings rise
• AON acquisition gets the nod

New rules to rein in SA insurers

The Financial Services Board is drafting new capital rules for insurers, aimed at protecting consumers and strengthening the sector, the Reserve Bank says.

• Women drivers may pay more
• Can diabetics get life insurance?
• Insurance survey: consumers still battling

Immorele investering

Wil jy graag sake doen in Zimbabwe? Wil jy jou weg deur die politieke moeras baan deur partyamptenare ’n bietjie “aanmoediging” te gee om die vestiging van jou onderneming makliker te maak?