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Tag: Old Mutual

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...

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Pick n pill prescription stopped

SUPERMARKET giant Pick n Pay has sold its retail pharmacy business to health and beauty retailer Clicks for an undisclosed sum. The deal will include...

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