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Old Mutual earnings jump as board okays R3bn buyback
Stephen Grootes speaks to Jurie Strydom, CEO of Old Mutual Group, as the insurer posts a strong set of half-year results. Adjusted headline earnings jumped 29% to R4.2 billion, boosted by a strong showing from Old Mutual Insure and robust equity markets in South Africa and Malawi. Shareholder investment returns surged 88%, while results from operations climbed 16% to nearly R5 billion.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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Published on 3 months, 2 weeks ago