
Old Mutual to buy majority stake in 10X Investments for R2.2bn
The move accelerates Old Mutual’s retail-direct strategy and strengthens its position in the passive investment market.

The move accelerates Old Mutual’s retail-direct strategy and strengthens its position in the passive investment market.

Old Mutual Wealth’s Izak Odendaal believes the only two risks that should concern investors are the US economy going into a recession and the Fed hiking interest rates.

South Africa’s core fiscal challenge is to get the gap between economic growth and the cost of borrowing back into positive territory.

Reducing regulation, lowering the cost of doing business, and tapping into the infrastructure asset class can position SA to attract FDI, says Izak Odendaal.