Old Mutual – Hot or Not


Old Mutual was founded in 1845 in Cape Town, and is a global long-term savings, insurance and investment Group. It is in the process of a major reorganisation under new CEO Bruce Hemphill. It has a market cap of R175.3 billion, a price to earnings ratio of 23.7 and a dividend yield of 3.35 per cent. Guest Nesan Nair, Sasfin Securities and Paul Theron from Vestact decide whether Old Mutual is hot or not.

Related Content

Coronavirus – In Côte d’Ivoire, pandemic prompts surge in extreme poverty

COVID-19 has struck informal workers especially hard in Cote d’Ivoire, causing the number of households considered “extremely poor” to spike nearly four-fold, according to a new assessment by UNDP and national authorities, which will inform policies and programs to help the country recover. Three surveys—of households, businesses, and the informal economy—found the West African country reeling from lost jobs and lost business, with many people strugglin

Rwanda reopens meetings & conferences to revive COVID-19 hit hospitality sector

After months of lock-down, Rwanda Convention Bureau announced that the country will reopen meetings and conferences, as it tries to revive the tourism and hospitality sector. Janet Karemera, Deputy CEO of the Rwanda Convention Bureau joins CNBC Africa for more.

Angola agrees to comply fully with oil cuts after OPEC pressure, sources say

DUBAI/ LONDON (Reuters) - Angola has agreed with OPEC to comply fully with a global pact on supply curbs and will compensate...

COVID-19: What the reopening of domestic flight operations means for Nigeria’s aviation industry

Domestic operations in Nigeria’s aviation industry will commence from Wednesday the 8th of July. Captain Dele Ore, a Retired Pilot and Chairman of the Board of Trustee of the Aviation Safety Round Table Initiative joins CNBC Africa for more.

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox

More from CNBC Africa

Angola agrees to comply fully with oil cuts after OPEC pressure, sources say

DUBAI/ LONDON (Reuters) - Angola has agreed with OPEC to comply fully with a global pact on supply curbs and will compensate...

COVID-19: What the reopening of domestic flight operations means for Nigeria’s aviation industry

Domestic operations in Nigeria’s aviation industry will commence from Wednesday the 8th of July. Captain Dele Ore, a Retired Pilot and Chairman of the Board of Trustee of the Aviation Safety Round Table Initiative joins CNBC Africa for more.

World Bank: COVID-19 to push five million more Nigerians into poverty in 2020

The World Bank says the outbreak of the COVID-19 pandemic is expected to push five million more Nigerians into poverty this year as the pandemic is threatening the ability of Nigerian households to generate income to meet their basic consumption needs. Bismarck Rewane, CEO of Financial Derivatives joins me from Lagos for this conversation.

South African rand slides as coronavirus infection rise dims outlook

JOHANNESBURG (Reuters) - South Africa’s rand weakened in early trade on Tuesday as worries over surges in coronavirus infections reactivated investor concerns...

Partner Content

Maktech’s Godwin Makyao: Now Is A Time of Entrepreneurial Opportunity in East Africa

As an executive decision-maker in both the telecommunications and tourism industries, Godwin Makyao could not have experienced a more diverse set of...

Sanlam launches urgent job-preservation initiative in response to COVID-19

Sanlam Investments is responding to the COVID-19 pandemic through large-scale support of the recovery of South African companies, from small enterprises to...

Trending Now

Ivory Coast’s 2020 growth seen sliding to 0.8% due to pandemic

ABIDJAN (Reuters) - Ivory Coast’s gross domestic product growth is expected to slow to 0.8% in 2020 compared to a previous forecast...

South Africa has bad record on keeping budget promises: Fitch

JOHANNESBURG (Reuters) - South Africa has a poor track record of implementing debt and spending reductions plans, ratings firm Fitch said on...

Africa’s top publisher to close South African publications, cut jobs

JOHANNESBURG (Reuters) - South African media and e-commerce group Naspers plans to lay off more than 500 employees and close a number...

Rwanda reopens meetings & conferences to revive COVID-19 hit hospitality sector

After months of lock-down, Rwanda Convention Bureau announced that the country will reopen meetings and conferences, as it tries to revive the tourism and hospitality sector. Janet Karemera, Deputy CEO of the Rwanda Convention Bureau joins CNBC Africa for more.
- Advertisement -