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".

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.

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.

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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.

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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.

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.

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.

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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.

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