Press Releases

Post Budget Speech Commentary by Malusi Ndlovu - Head of Old Mutual Corporate Consultants

23 Feb 2017
The 2017 budget speech takes place at a time when the fiscus is under pressure. Unsurprisingly, the Minister has raised the necessary additional revenue by primarily increasing personal taxes.
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Top Economics students honoured

23 Feb 2017
Business and government leaders last night celebrated the brilliance and promise of South Africa’s young economics students – finalists of the annual Nedbank and Old Mutual Budget Speech Competition - at a dinner hosted by Nedbank and Old Mutual, with Finance Minister Pravin Gordhan as guest of honour.
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Consumers to remain under pressure in 2017/2018 tax year, says Old Mutual

23 Feb 2017
23 February 2017: The 2017 National Budget Speech delivered by Finance Minister Pravin Gordhan did little to bring relief to consumers’ pockets, and reinforces the need for South Africans to keep their finances under control.
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Crucial Budget needs to go bigger on tax and spending cuts to meet contraction targets

21 Feb 2017
The upcoming Budget will be a critical one given there is no more room for the upward revision of deficit targets as seen over the last few years. As a result of the current slow growth environment, the tax increases and expenditure cuts set in October’s Medium-term Budget have to be adhered to if Treasury is to deliver a positive Budget.
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Want a happy retirement? Start saving now!

15 Feb 2017
Despite alarming statistics showing that South Africans are not preparing adequately for retirement, many individuals are still not heeding the call to take steps to better their financial situation. The most recent Old Mutual Savings and Investment Monitor revealed that in 2016, 77% of respondents reported being constantly worried about not having enough money, yet only 69% of respondents set financial goals (down from 78% the previous year).
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Don't let finances ruin your relationship

14 Feb 2017

When two people are planning their future together, disagreements around money and spending habits are bound to occur from time to time. However, if not properly communicated and swiftly resolved, a financial quarrel can start to fester in an otherwise healthy relationship.
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Love me "Tinder"

14 Feb 2017
The romantic lyrics of the Alicia Keys song ‘Tender Love’ may draw lonely hearts to the dating app Tinder or similar online sites this Valentine’s Month. Unfortunately Keys’ song ‘Try sleeping with a broken heart’ could be more appropriate for those who end up parting with money in the name of love.
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Leadership changes at Old Mutual Emerging Markets

9 Feb 2017
Old Mutual Emerging Markets today announced the following changes to its structures and designated executive responsibilities in line with its vision to become a financial services champion in Africa.
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Old Mutual’s leadership role in building a more inclusive nation

9 Feb 2017
As a business whose foremost responsibility is the sustainable financial wellbeing of a large and very broad range of stakeholders in South Africa, Old Mutual is deeply committed to contributing to South Africa’s socio-economic development and inclusive prosperity.
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Old Mutual to do great things for education with Partners for Possibility

7 Feb 2017
Old Mutual has teamed up with Partners for Possibility (PfP), the innovative school empowerment programme, in another constructive partnership between business, government and civil society to help address the national crisis facing South Africa’s education system.
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Make better financial decisions in 2017

7 Feb 2017

Making better financial decisions is listed as the third top 2017 New Year’s resolution for 2017 (8, 5%), following self-improvements (12.3%) and healthier eating (21.4%), according to research by Statistic Brain. However, the research also reveals that less than half of individuals who make New Year’s resolutions (44.8%) are able to maintain these for six months.
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Don't let cancer endanger your financial wellbeing

3 Feb 2017
As one in four South Africans are affected by cancer, it becomes increasingly important for individuals to know the financial implications of an illness and the costs associated with the fight back to good health.
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