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2/20/2012 12:00:00 AM
Johann Els, senior economist at OMIGSA doesn’t think there will be any big surprises contained in this year’s National Budget.
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2/14/2012 9:38:15 PM
The principal building contract for what will be Cape Town’s tallest CBD building, the Portside co-development by FirstRand Bank and Old Mutual, has been awarded to Murray and Roberts.
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2/7/2012 12:00:00 AM
It’s no secret that the Eastern Cape faces challenges in employment, poverty and education. But whatever the need for social and economic development, it’s worth looking at the zeal with which ordinary people grasp the opportunities they get.
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2/3/2012 12:00:00 AM
Old Mutual plc (“Old Mutual” or “the Group”) has today published the shareholder circular in respect of the sale of its Skandia Nordic business. On 15 December 2011, Old Mutual announced that it would sell the Skandia Nordic business, which operates in Sweden, Norway and Denmark, to Skandia Liv for net cash proceeds of £2.1 billion (approximately R25 billion*).
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1/31/2012 12:00:00 AM
Old Mutual Property continues to look for innovative ways in which to make valuable contributions to sustainable community development and township upliftment. Due to open in April 2012 is the redeveloped Kagiso Mall project in Mogale City. Started in 2008, the project involved demolishing rather than refurbishing the mall and its final cost of development is estimated at R123,5 million.
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1/26/2012 12:00:00 AM
Old Mutual and T-Systems in South Africa have agreed an IT infrastructure management deal valued at R2.58bn, extending the existing relationship between the two partners until 2019. The new agreement represents an industry leading outsourcing approach, and is one of the largest IT infrastructure deals of this nature in the insurance industry in South Africa.
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1/24/2012 12:05:26 PM
Grant Watson and Saliegh Salaam, co-heads of the Quantitative Investments (QI) boutique at OMIGSA, say that they have found a way of delivering alpha at dramatically reduced volatility.
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1/24/2012 12:01:05 PM
What has not changed?
Peter Brooke, Head of Macro Strategy Investments (MSI), points out that amidst the global turmoil there have been some constants, and points out that many of the themes they first named in 2010 continued to play out through 2011. ‘We expect these to remain relevant for years to come,’ he says.
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1/24/2012 11:52:59 AM
According to Johann Els, senior economist at OMIGSA’s Economic Research Unit, South African’s need to brace themselves for yet another year of unbridled market volatility as global events emanating from the north, west and east continue to impact locally.
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1/12/2012 12:00:00 AM
One in three South Africans believe that the government will take care of them in old age – a belief that contributes to the already enormous pressure on government to supply grants to pensioners who have neglected to save for retirement.