Press Releases

Post-Budget commentary by Malusi Ndlovu, Head of Old Mutual Corporate Consultants

22 Feb 2018
Continuing the momentum created by a positive and well received State of the Nation Address, the Finance Minister delivered a well-balanced budget with a strong focus on fiscal consolidation and growth stimulation to avoid a further credit rating downgrade.
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Investing in the next generation of economists

22 Feb 2018
Finance Minister Malusi Gigaba announced the winners of the 2017 Nedbank Old Mutual Budget Speech Competition at a gala dinner. Khayelihle Madlopha from the University of Zululand and Benjamin McGraw from Wits University scooped the top prize in the Undergraduate and Postgraduate categories respectively.
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A Brave New World

21 Feb 2018
By Dave Mohr (Chief Investment Strategist) & Izak Odendaal (Investment Strategist), Old Mutual Multi-Managers. Investors cheered Jacob Zuma’s resignation as President on Valentine’s Day and were excited to see Cyril Ramaphosa sworn in as his successor the following afternoon.
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Old Mutual Om die Dam Ultra Marathon promises a whole new experience

20 Feb 2018
With just a month to go to one of South Africa’s most sought-after road races, the 2018 Old Mutual Om die Dam Ultra Marathon organisers have promised an even more impressive event, a faster course – and a completely different experience.
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2018 Old Mutual WILDSERIES Three Cranes Challenge helps protect Karkloof habitat

20 Feb 2018
Fleet-footed athletes are preparing to make their way to the Karkloof Valley in KwaZulu-Natal for the 2018 Old Mutual WILDSERIES Three Cranes Challenge starting on 23 February 2018.
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Budget to address reliance on State

20 Feb 2018
This week the South African Finance Minister will outline the government’s top-level financial plan to tackle the country’s growing fiscal deficit. To avoid a further credit rating downgrade, and keep the momentum created by a renewed sense of business confidence, the 2018 National Budget will need to explicitly outline how the state plans to strengthen the fiscus and encourage significant economic growth.
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We should all be better savers, whether or not VAT is increased

19 Feb 2018
As the National Budget Speech draws closer, debate around a possible value-added tax (VAT) increase to remedy South Africa’s increasing fiscal deficit is growing stronger.
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Strict fiscal consolidation crucial to avoid downgrade

19 Feb 2018
The shocking abandonment of fiscal consolidation as a key policy anchor in the October 2017 Medium Term Budget Policy Statement (MTBPS) led to the downgrade to sub investment grade by S&P and the credit watch by Moody’s.
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The rise of the discretionary fund manager

15 Feb 2018
Over the past decade, the idea of turning to external experts for investment proficiency has gained exponential popularity internationally.
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Old Mutual Soweto Marathon improves lives of girls at Phefeni High School

13 Feb 2018
To support young female learners and ensure they don’t need to miss classes, Old Mutual and Caring4Girls have donated sanitary towels to 210 girls at Phefeni High School in Soweto.
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That escalated quickly

13 Feb 2018
By Dave Mohr & Izak Odendaal, Old Mutual Multi-Managers. Global equity markets had a strong start to the year, but suddenly, almost out of nowhere, the wheels fell off. The sharp sell-off on the first three trading days of February resumed on Thursday.
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Three financial traits to make your Valentine swoon

13 Feb 2018
Arrows, hearts and red merchandise signal the arrival of yet another Valentines Day. Once again the temptation to splurge is upon us, and so soon after recovery from the festive season.
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