How Brexit could impact SA interest rates

2016-06-24 20:21

In the worst-case post Brexit global scenario, the SA Reserve Bank may be left with little choice but to raise interest rates further, explains an economist.

Advisory support for Old Mutual's pay policy

2016-06-16 08:54

Two investor advisory groups have recommended that shareholders vote in favour of pay proposals linked to Old Mutual's plans to divide into four businesses.

Old Mutual defends huge CEO salary amid ‘brewing rebellion’

2016-06-02 14:42

Old Mutual has defended the proposed payout of 1 000% of base salary for CEO Bruce Hemphill, after reports there was a shareholder rebellion brewing.

Old Mutual takes stake in agri investment group

2016-05-25 19:03

Old Mutual Investment Group has announced a deal to increase its overall effective equity stake in an African agriculture investment group.

Companies forge stronger ties

2016-05-20 18:15

Ecobank and Old Mutual have announced an enhanced strategic agreement to strengthen existing ties and offer customers more services.

Get clued up on debt

2016-05-09 14:42

SPONSORED: A large percentage of the South African population is currently in debt and what is not always fully understood is that there are different types of debt.

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.


Zim Old Mutual shareholders in for a modest profit

2016-06-22 21:48

ZImbabwean Old Mutual shareholders can dispose of their stocks in offshore markets for better returns after the Reserve Bank increased the shares' fungibility.

Allan Gray backs Old Mutual’s CEO pay plan after ‘robust’ talks

2016-06-03 06:47

Old Mutual shareholder Allan Gray says the insurer’s plan to offer CEO Bruce Hemphill a bonus equal to 10 times his base pay to split the group up may be for the best.

Banks that lured Diamond to Africa stumble on fading economies

2016-05-26 07:06

Bob Diamond followed other lenders to Africa's young population, rising wealth and decades of growth. Now, its fading economies risk taking down more lenders with them.

UPDATE: Old Mutual US unit attracts possible buyers

2016-05-24 09:49

Old Mutual says it has been approached by buyers interested in taking a stake in its US-based fund management unit.

Old Mutual's insurance arm drops Oakbay - document

2016-05-10 19:15

Mutual and Federal has joined several other companies in cutting links with firms associated with members of the Gupta family, according to a company document.

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".

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