In a significant boost to South Africa’s renewable energy sector, Old Mutual Alternative Investments (OMAI) today announced a substantial investment in the country’s energy infrastructure today of approximately R158 million…
Browsing: Old Mutual
Pan-African financial services group Old Mutual has shifted its IT infrastructure to the AWS cloud and closed its on-premises data centre facilities, becoming one of the first South African companies…
Old Mutual Insure has launched a new public competition, Motor Enthusiast, to encourage South African motorists to drive safely. The competition, which is part of the Car of the Year…
Drivers of high-risk cars in Gauteng, KwaZulu-Natal, and smaller interior provinces, according to Old Mutual Insure, must install vehicle monitoring devices or risk losing insurance coverage. This is a response…
Life assurance and financial services group Old Mutual has upped its annual dividend and also announced aims of a share buyback of up to R1,5 billion. In its annual results…
Old Mutual says it is making headway in building a new bank in South Africa, having invested R1 billion in the initiative so far. In its full-year results for the…
Old Mutual has unveiled plans to launch a new banking institution in 2024 following approval from the South African Reserve Bank. One of South Africa’s biggest financial services providers, Old…
South African insurer Old Mutual said on Wednesday it would distribute $734 million in shares in lender Nedbank among its shareholders, reducing its stake in the bank to 7.2% from…
Baloyi’s resignation follows that of another board member in September, Nombulelo Pinky Moholi, who quit in the midst of a protracted legal battle between the company and its former CEO Peter Moyo