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Posts Tagged ‘News’
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April 20, 2018

WATCH: What the Old Mutual split means for investors

Old Mutual released its full-year results on Thursday, boasting of a 22% increase in pre-tax profit as it prepares to split its business units.

Group CEO Bruce Hemphill said Old Mutual Wealth, along with Old Mutual Limited, would be listed in London and Johannesburg once the separation was complete. But Hemphill gave no indication of when the listings would take place, saying Old Mutual would play its cards close to its chest.

Hemphill spoke to Business Day TV about the group’s full-year results and gave some more detail on the numbers.

 

 

Source: [...]

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January 19, 2018

Grace Mugabe ‘supported her ageing husband’s decision to resign’, says former aide

Former Zimbabwean first lady Grace Mugabe supported her ageing husband’s “decision to resign”, Robert Mugabe’s former spokesperson George Charamba has reportedly revealed.

Reports indicated that Grace had previously held her own presidential ambitions, as she reportedly led a campaign to get the then vice president Emmerson Mnangagwa out.

She was a key figure of the G40 faction that, until November 15, had the upper hand within the ruling Zanu-PF party.

Grace reportedly looked certain to become one of the country’s two vice presidents following the sacking on November 6 of then vice president Mnangagwa, who led a rival faction.

But, [...]

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