04/21/2016
According to NWW, a large number of Johannesburg millionaires moved abroad or to other parts of the country, whilst Cape Town millionaires were hard hit by the fall in local property prices in US$ terms.
04/18/2016
The tycoon has employed about 280 workers with some foreign experts serving in his banks.
04/15/2016
The group has operations in 16 African nations, including Kenya, and offers services via correspondent banks in 22 more markets in Africa, where sliding commodities prices have put the brakes on previously strong growth.
04/14/2016
PRAXISIFM has acquired a fiduciary and corporate governance consultancy to enhance its presence in Switzerland and expand its operational footprint in Africa.
04/13/2016
Former Standard Bank executive Hemphill, who joined Old Mutual in November but could be out of a job if the break-up goes ahead, received nearly half of his overall pay - 2.1 million pounds
04/12/2016
The investors will push for a discount to Barclays Africa’s current share price as the divestment of a large number of shares coincides with a deterioration in South Africa’s economy, the person said.
04/12/2016
Mauritius: As easy as GBC 1,2,3
04/08/2016
No clients suffered damage due to their actions, the source said.
04/01/2016
The unit, known as Old Mutual Wealth Italy, is part of the group's wider wealth management business but is expected to be sold separately as it operates as a standalone unit, the sources said.
03/29/2016
The handful of conglomerates that remain on the stock market are historical anomalies.
03/28/2016
The Sunday Times reported yesterday that some of America’s biggest buyout funds were preparing bids for Old Mutual’s £4.5 billion wealth management arm.
03/23/2016
This follows Old Mutual’s announcement earlier this month that it would implement a "managed separation" of its four underlying business units by the end of 2018, with further updates promised later this year on exactly how it will do this
03/23/2016
This year marks yet another milestone in the life of the publication which is the number 1 monthly read magazine amongst Africa's Affluent according to the Ipsos EMS Survey.
03/22/2016
The country is the continent’s second-largest economy after Nigeria, but has witnessed currency weakness in the past few months.
03/22/2016
The headline speaker for the maiden edition is Vusi Thembekwayo, the youngest director of a listed company in South Africa.
03/22/2016
Under the agreement, EIB, which is already a key partner in IFC’s Global SME Finance Facility, will join IFC’s existing risk-sharing facility with ETI.
03/21/2016
Osama Hijji shares his views on internet banking
03/21/2016
The most promising emerging African markets for private banking are Ghana and Kenya
03/18/2016
This brand ambassadorship came into fruition after Maps starred in an Investec video specifically targeting young professionals.
03/18/2016
Plans to target SMMEs and offer reverse factoring.