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Old Mutual and Nedbank contribute R10m to UCT finance institute to develop scarce skills

The development of much-needed skills for the financial services sector in South Africa has been given a boost by a collaborative donation of R10m over five years from Nedbank and Old...

Trump win highlights new, populist-led era – Old Mutual Investment Group

Following Donald Trump’s shock win in the US elections, the world’s attention has shifted to what extent his proposed policies will be implemented and the implications for global markets. This is...

Old Mutual to sell Italian stake

According to IOL Old Mutual is set to offload its Italian stake following its announcement on Friday that it has entered into a short period of exclusive negotiations with Cinven, the owner...

Old Mutual to separate its four business units

Old Mutual been in talks with National Treasury, the Reserve Bank and the Financial Services Board (FSB) over the course of its strategic review.This as Old Mutual announced on Friday that...

South African business sets up three projects to help economy

According to Bloomberg, business leaders in South Africa said that, following meetings with President Jacob Zuma and Finance Minister Pravin Gordhan, they would contribute expertise and investments to help the country...

Bump and grind for 2016

PROSPECTS for business in the Western Cape for 2016 look daunting. Political ructions have sent the Rand spiralling down against major currencies, the country’s fiscal policies look anything but disciplined and...

Current global financial market to offer best source of returns in 2016

With commodity prices bearing the brunt of China’s slowing growth and a struggling South African economy putting SA companies’ profits under pressure, the sources of returns we’ve seen over recent years...

Deterioration of South African’s economic prospects raises fundamental questions

While global growth’s current sluggishness is not ideal for South African economic prospects, there are more concerning local factors to consider here at home. This is according to Old Mutual Investment...

The Cape’s financial landscape

Cape Town is often viewed as the hub of money management – an image obviously enhanced by the fact that two of the country’s most iconic savings institutions, Sanlam and Old...

Old Mutual and Pareto announce deal for full ownership of landmark malls

Old Mutual Life Assurance Company South Africa Limited (Old Mutual) and Business Venture Investments No 1360 (Pty) Limited represented by Pareto Limited (Pareto) have entered into an asset swap transaction involving...

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New transport facility in Somerset West CBD to keep commuters moving

If all goes as planned, the new public transport interchange (PTI) in Somerset West will be ready to serve thousands of commuters and minibus-taxi...

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