Magnus Heystek: Hersov & other voices, EWC & clients wanting their money out...
South Africa’s new Expropriation Without Compensation law has been making headlines for the past three weeks. Investment strategist Magnus Heystek of Brenthurst Wealth Management has been polling...
View ArticleNewsWrap: SA on the global stage – trade; security; and top cop corruption...
In today’s episode of NewsWrap, we tackle South Africa’s pivotal role in global and domestic issues. Deputy Minister of Trade, Industry and Competition Andrew Whitfield shares progress on trade ties...
View ArticleOld Mutual CEO Iain Williamson: Optimism for SA, Old Mutual Bank, and G20...
In a recent interview with BizNews Briefing host and Nielsen Network CEO Bronwyn Nielsen, Iain Williamson – CEO of Old Mutual – shared an optimistic outlook on South Africa’s economic prospects, the...
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8 convincing reasons why Old Mutual SMEgo’s purchase order financing powers...
*This content is brought to you by Old Mutual SMEgo In February 2023 the Department Of Small Business Development issued the National Integrated Small Enterprise Development (NISED) strategic...
View ArticleOld Mutual proposes exit plan for frozen Zimbabwean shares
Old Mutual Ltd. is considering a proposal to allow Zimbabwean shareholders to sell their frozen shares, providing a long-awaited relief for the 30,000 affected investors. The shares, suspended since...
View ArticleRight of reply: Old Mutual refutes whistleblower allegations
In response to allegations raised by SpeakOut SpeakUp on behalf of former Adviceworx employees, Old Mutual has reaffirmed its position, denying any breach of the Protected Disclosures Act. The company...
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Old Mutual’s latest nightmare –“Whistleblowing Wendy” batting for ousted execs
A BizNews interview in April last year connected SA’s original Whistleblower, Wendy Addison, and two former Old Mutual executives whose internal flag-waving was studiously ignored. The Cape-based...
View ArticleClimate change risk is raising South Africans’ insurance premiums
Climate change emerges as a critical threat for South African insurance companies, prompting Old Mutual Ltd.’s top official, Garth Napier, to highlight the potential surge in premiums and reinsurance...
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🔒 From the FT: Inside the battle to decarbonise South Africa’s Secunda plant...
South Africa’s Secunda plant, the world’s largest carbon emitter, owned by chemical giant Sasol, is under fire from investors demanding swift action to curb emissions. The 40-year-old coal-to-liquid...
View ArticleSA consumers holding up despite Covid-19 cutbacks – Old Mutual
With SA unemployment numbers at a 17-year high, many have had to tighten their purse strings more than ever before. But, Ian Williamson, CEO of Old Mutual says that local consumers have surprising...
View ArticleMagnus Heystek’s new car – NOT funded by Old Mutual
Magnus Heystek sits down with BizNews founder Alec Hogg on the final BizNews Power Hour for 2021. The hard-hitting Heystek compares the largest SA-focused equity fund within the Old Mutual stable to a...
View ArticleMagnus Heystek on land expropriation, mandatory vaccines and how it may...
Investment analyst and director of Brenthurst Wealth Management, Magnus Heystek, joined BizNews founder Alec Hogg to discuss a number of subjects that may affect your finances. While not directly...
View Article‘Old Mutual took their eye off the ball’– Steven Nathan
BizNews community member Ingrid Luyt wrote to BizNews founder Alec Hogg this week seeking any information regarding the dismal performance of Old Mutual. Her question was posed to Steven Nathan,...
View ArticleNatural gas needed as ‘transition fuel’, says Old Mutual fund
By Antony Sguazzin (Bloomberg) – A key funder of South Africa’s renewable energy drive is backing natural gas as the fuel needed to help the country bridge the transition from coal power generation to...
View ArticleFlash Briefing: Insurers pay up for Steinhoff directors; Old Mutual dividend;...
Steinhoff said on Tuesday it has reached an agreement with certain insurance companies underwriting the group’s directors and officers insurance policy to contribute up to €78.1m ($93m) to help settle...
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FFM podcast ep12: SA inc rotation; Share buybacks; Watch those insurers
Volatility is still the name of the Fantasy Fund Manager game, as Richemont and Pick n Pay are down more than 10 percent for the week. But what is this signalling? On the Fantasy Fund Manager podcast,...
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Magnus Heystek – Bullish forecasts or just plain bulldust?
This article might also have been headlined: “Unmasking the Realities of Investment Seminars: Are You Getting Objective Advice?” In this eye-opening contribution from the fiercely independent...
View ArticleThis could be Africa’s century – Old Mutual’s CEO Iain Williamson summarises...
Bronwyn Nielsen caught up with Old Mutual CEO Iain Williamson on the ground at the World Economic Forum 2023 in Davos. Williamson summarised the event from his perspective, focusing on how Africa and...
View ArticleHow much time is left to address the climate emergency? COP27
Having attended COP27 in Durban in 2011, Portia believes much progress has been made on issues of climate finance and how the conversation is framed. As a sustainability practitioner, she is also...
View ArticleNon-profit directors must be squeaky clean
A delinquency order bans a person from being a director for at least seven years but a court can extend it to the director’s lifetime. The remedy is available to hold directors accountable and is a...
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