Tag: Old Mutual
Old Mutual launches SME – Dedicated business unit servicing SA SMEs
To address the needs of growing small and medium businesses, Old Mutual has launched a new business offering to service the SME business sector focusing on companies that generate annual revenues...
Old Mutual’s share price drops 13.2% from unbundling of Nedbank stake
OLD MUTUAL’S share price closed 13.2 percent lower to R14.20 yesterday in line with predictions that the price was likely to be volatile following the unbundling of a 12.2 percent stake...
Old Mutual services and insurance cluster attains R355 million in new business
OLD Mutual’s Mass and Foundation Cluster (MFC), which offers South African customers a range of financial services and insurance products, has emerged from a challenging 2020 by attaining R355 million in...
Old Mutual research probes impact of financial pressures on South Africans
Millions of South Africans are feeling heightened financial pressures due to the Covid-19 pandemic and lockdown as well as the recent unrest that unfolded in some of our provinces, says Old...
Old Mutual fund urges South Africa to focus on power
A $1.9 billion infrastructure fund owned by Old Mutual Ltd. said South Africa should start with power as it embarks on an R2.3 trillion ($137 billion) drive to lure private investment...
Old Mutual boss to step down
Old Mutual Zimbabwe group chief executive Jonas Mushosho, is set to leave the financial services giant before year end, at a time the firm is restructuring and bundling up its business...
Old Mutual launches SA’s first ‘benchmark’ off-grid water project
The group is the first large corporation in SA to move off the council water grid.
Old Mutual on Monday moved off the council water grid, unveiling its wastewater-to-drinking-water filtration system at...
Old Mutual returns to African roots with Johannesburg listing
Old Mutual Plc returned to its South African roots on Tuesday when it listed its $11 billion African financial services business in Johannesburg, a move which largely completes a major overhaul...
Old Mutual to retain 20% of South Africa’s Nedbank after split
Anglo-South African financial services group Old Mutual said on Wednesday it will retain a 19.9 percent strategic minority shareholding in Nedbank after the parent company’s planned split.
Old Mutual, whose...
Old Mutual to list not sell businesses in split
Anglo-South African financial services group Old Mutual (OML.L) aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of...
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