MoneyMarketing

Industry News

01 Nov 2017

Old Mutual showcases growth, cash and value story prior to 2018 listing

Old Mutual marks an important milestone today when it hosts a showcase for investors ahead of the primary listing of its emerging markets businesses as Old Mutual Limited (OML) on the Johannesburg Stock Exchange (JSE) next year.
31 Oct 2017

Ignorance remains the greatest risk in the fight against cybercrime

Phishing, malware and external hacking attempts constitute the bulk of cybersecurity incidents reported to the Cyber Security Incident Response Team (CSIRT) established by the Association for Savings and Investment South Africa (ASISA) last year.
31 Oct 2017

RisCura launches fourth Bright Africa PE report

Investment firm RisCura is pleased to announce the release of the 2017 private equity update of its Bright Africa report, which provides a comprehensive view of PE investment across Africa.
31 Oct 2017

Tax increases may not be enough

The possible tax increases hinted at during last week’s Medium Term Budget Policy Statement (MTBPS) are likely to do very little to decrease Treasury’s R50.8 billion revenue shortfall – and may in fact ensure that even less revenue is collected next year.
31 Oct 2017

Don't get a financial fright this Halloween!

Creepy ghouls and spooks may try to scare us every Halloween, but even scarier and much more real are the financial mistakes many of us make. Financial blunders can be stressful, says Priya Naicker, Advice Manager at Old Mutual Personal Finance, “but with the right insights and a few behavioural shifts, they can be as...
31 Oct 2017

SASI Celebrates World Savings Day

The South African Savings Institute (SASI) is an independent non-profit organization dedicated to developing a robust culture of saving in South Africa. At SASI’s launch in April 2001, then Finance Minister, Trevor Manuel, drew attention to the poor savings rate; disparate living standards; lack of financial literacy and the poor growth of our economy. He...
31 Oct 2017

PSG Konsult enters into association agreement with firstEquity Group

PSG is pleased to announce that it has entered into an association agreement with firstEquity, a leading insurance adviser and service group. Effective 1 November 2017, the personal and commercial broking businesses within the firstEquity Group will be merged with the PSG Insure Randburg short-term branch.
30 Oct 2017

Northern Cross Wealth Management qualifies for FAIS Compliant Seal

On 25 August 2017, Northern Cross Wealth Management, a Cape Town-based financial services provider and offshore wealth management firm, was awarded the 2017 FAIS Compliant Seal from Masthead, in recognition of excellent compliance standards.
30 Oct 2017

Old Mutual Group Holdings SA announces new board members

Old Mutual Group Holdings (SA) (“OMGH”), the South African holding company of Old Mutual Emerging Markets Limited (OMEM) and Nedbank Group Limited, today announces the appointment of additional non-executive directors to its board of directors (“Board”). Seven of these appointments are newly appointed independent Board members, who have been selected following a structured recruitment process.
27 Oct 2017

Call for urgent changes to Business Rescue in SA

Dr Eric Levenstein, Director and head of Insolvency and Business Rescue at Werksmans Attorneys, today called for urgent changes to the business rescue legislation to better assist failing companies as the South African economy continues to struggle.

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