Tag Archivesold mutual


Nedbank’s parent to reduce stake from 54% to 19.9% as part of Managed Separation

JSE-listed Nedbank Group Ltd announced today that its parent company, Old Mutual plc, would maintain a strategic investment of 19.9% in Nedbank Group to underpin ongoing commercial relationships between the two companies after completion of the Old Mutual Managed Separation. Old Mutual (OM) plc, the London-listed entity, reported on 11 March 2016 that it would […]

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Old Mutual showcases growth, cash and value story prior to 2018 listing

Old Mutual marks an important milestone today when it hosts a showcase for investors ahead of the primary listing of its emerging markets businesses as Old Mutual Limited (OML) on the Johannesburg Stock Exchange (JSE) next year. (more…)

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Old Mutual Group Holdings SA announces new board members

Old Mutual Group Holdings (SA) (“OMGH”), the South African holding company of Old Mutual Emerging Markets Limited (OMEM) and Nedbank Group Limited, today announces the appointment of additional non-executive directors to its board of directors (“Board”). Seven of these appointments are newly appointed independent Board members, who have been selected following a structured recruitment process. […]

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Minister Malusi Gigaba

Investors closely watching 2017 MTBPS

Investors will be looking to the Finance Minister Malusi Gigaba’s Medium Term Budget Policy Statement (MTBPS) this week to provide more certainty about the commitment of the government to fiscal consolidation, reform of State-owned enterprises (SOEs) and a higher economic growth rate. (more…)

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Prabashini Moodley

Old Mutual provides customers with extra funeral cover worth R450 million

Old Mutual is pleased to announce that over half a million customers who have held Old Mutual funeral policies for three to four years will receive a share of R450 million in extra funeral cover. (more…)

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Investing with real impact could help solve education crisis

The National Development Plan (NDP) states that education, training and innovation are central to South Africa’s long-term development, and that improving the quality of education in South Africa is one of the NDP’s key priorities. (more…)

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Anisha Archary

Old Mutual named as Number 1 Top Employer in SA and Ghana

Top kudos went to Old Mutual for being an employer of choice when the company was named as the Number 1 Top Employer in South Africa and Ghana at the Top Employers Institute gala dinner in Johannesburg last night. (more…)

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Siboniso Nxumalo

Emerging market opportunities: Turning chaos into profits

South Africa’s economy continues to struggle and faces significant headwinds in the immediate future. This despite a very supportive global environment and some improvements locally, such as a somewhat better growth picture and the support of lower inflation and interest rates. Unfortunately, medium to longer term growth prospects are not promising – and might actually […]

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