Browsing: Old Mutual

Opinion
Facebook eulogies are premature

The job of the long-term investor is, ultimately, to distinguish whether a company’s prospects are being influenced by noise or signal, and then to understand whether the prospects are reflected in the price

News
Moyo to step down as Vodacom chairman

Peter Moyo is stepping down as nonexecutive chairman of Vodacom after seven years on the telecommunications group’s board. He will retire and step down on 18 July, the date of Vodacom’s annual

News
SA Uber rival snags R300m in funding

South African Uber competitor Zebra Cabs has just secured R300m in funding from Futuregrowth Asset Management as the battle of the Internet hailing apps hots up. SA Taxi, which owns the Zebra Cabs owner-driver scheme, said on

News
Economic crisis ‘rendering SA sober’

The economic crisis following President Jacob Zuma’s treasury debacle has finally brought about a convergence of government and business, former Nedbank chairman Reuel Khoza said on Tuesday

News
MTN leaves market guessing

In a rather bizarre non-event, trading in MTN shares was suspended for a little over two hours on the JSE on Monday, pending an announcement from the company. Trading however resumed in the

News
Telkom to offer funeral cover

Telkom and Old Mutual have reached a deal in terms of which the telecommunications operator will provide funeral cover to its customers. The first product will offer Telkom’s prepaid customers with “loyalty funeral cover”, underwritten by Old Mutual, valued at

Duncan McLeod
CEO confident of saving Gijima

One has to wonder if Eileen Wilton, the eminently likeable CEO of Gijima, rues the day she joined the company as chief operating officer in June 2012. Within months of her taking on the role, Gijima’s then-CEO, Jonas Bogoshi

News
22seven ditches subscription fee

Personal financial management service 22seven is ditching its monthly subscription fee. Effective 1 September, the company, which was acquired by Old Mutual in January 2013, is offering its services completely free of charge

News
Vodacom’s reputation takes a drubbing

Vodacom, the top-rated company in the Reputation Institute’s annual National RepTrak Pulse survey last year, has fared “particularly poorly” in the 2014 edition of the survey, falling to sixth position and behind rival MTN. The survey found that there has been a “bloodbath” in company reputations, with the exception

Editor's pick
IMAX set to return to Gauteng

Cinema chain Ster-Kinekor has announced plans to build its first new IMAX theatre in Gauteng, at a Pretoria mall. It’s the second IMAX theatre to be opened in South Africa following the launch last year of the first such facility at the Gateway Theatre of Shopping

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