More South Africans are turning to moonlighting, side-hustles or holding down multiple jobs to ensure their financial security, the Old Mutual Savings & Investment Monitor 2022 shows.
New data from the Old Mutual have learned a hard lesson over the last two years, and are being more cautious with their spending.
A sound retirement fund provides employers with a valuable tool to enhance their employee wellness efforts and attract and retain the best employees, among others.
The latest data from the Old Mutual Savings and Investment Monitor survey (OMSIM) shows that more South African households are choosing to do without a domestic worker to save money each month.
Death is not absolute when it comes to your debt and taxes in South Africa.
Thousands of retirees will find lower-than-expected pensions in their bank accounts at the end of this month owing to higher tax deductions. Thousands more already had this experience at the end of last month.
With so many entry-level bank accounts in South Africa to choose from, BusinessTech provides a comparison between them, looking at fees for withdrawals, deposits, and monthly maintenance.
On 14 December 2021, the National Treasury released two papers on proposed further retirement reforms for public comment which detail how it plans to transform the retirement savings industry and improve savings outcomes for all South African workers.
Shares in Long4Life, the company owned by entrepreneur Bidvest founder Brian Joffe, soared in trade on Friday (3 December), on news of a multi-billion rand acquisition proposal from Old Mutual’s private equity arm - Old Mutual Private Equit
While leveraging personal connections can be a significant boost for any business, according to Nobesuthu Ndlovu, Director of SME at Old Mutual Corporate, entrepreneurs must weigh up the risks and benefits of accepting funding from relatives and friends.
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