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Our community speaks out: ANC's "what's in it for me" policy

The ANC's conference in December 2022 seems to have been met with a frenzy of boiling emotions within the BizNews community. ....

South Africa , South African , Rob Charlton , Ingrid Luyt , Carmen Mileder , Cyril Ramaphosa , African National Congress , Biznews Community , Jw Johnson , South Africa , Usiness News ,

'Old Mutual took their eye off the ball' - Steven Nathan


BizNews community member Ingrid Luyt wrote to BizNews founder Alec Hogg this week seeking any information regarding the dismal performance of Old Mutual. Her question was posed to Steven Nathan, founder of 10X investments, when he co-hosted the BizNews Power Hour. Nathan shared insights into what Old Mutual has been going through, stating that Old Mutual has lost value in SA and made disastrous deals offshore. Below are Ingrid’s email and quotes from Nathan’s response thereto. – Nadya Swart
Hi Alec,
I’m wondering whether there has perhaps been any discussion regarding the dismal performance of Old Mutual or it’s share-price? Having finally fished my RA from their clutches at maturation in 2019 (at roughly half the value projected upon purchase of the policy) I am equally dismayed to find the shares I’d been tracking since they were issued in 1999 @R11 per share… which I hung onto through thick and thin and which appeared to top in November 2015 at R45.33 and ....

South Africa , United Kingdom , City Of , South African , Nadya Swart , Alec Hogg , Steven Nathan , Trevor Manuel , Ingrid Luyt , Biznews Power , Old Mutual , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , நாடிய ஸ்வர்ட் , அலெக் ஹாக் , ஸ்டீவன் நாதன் , ட்ரெவர் மானுவல் , இஂக்ரிட் லட் , பழையது பரஸ்பர ,