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In 2011, Old Mutual sold US Life to Harbinger Group Inc. for $350 million. [14] Old Mutual sold its Nordic operations to Skandia Liv for £2.1 billion in 2012. [15] In 2013, Old Mutual strengthened operations in Africa with the acquisition of Provident Life Assurance in Ghana [16] and Oceanic Life in Nigeria. [17]
Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa.UAP Holdings is one of the leading insurance and financial services groups in eastern Africa with a network of branches and operational subsidiaries spread across the greater eastern and central Africa regions.
The headquarters of Old Mutual East Africa Group are located in the 33-storey Old Mutual Tower, located on Hospital Road, in Upper Hill, Nairobi, about 3 kilometres (2 mi), southwest of the city's central business district. [2] The coordinates of the company headquarters are: 01°17'56.0"S, 36°49'10.0"E (Latitude:-1.298889; Longitude:36.819444).
The Old Mutual business has a long history. In 1845 John Fairbairn (a Scot) founded "The Mutual Life Assurance Society of the Cape of Good Hope" in Cape Town.Over the next 100 years the business was to evolve significantly, changing its name in 1885 to the "South Africa Mutual Life Assurance Society", but becoming familiarly known simply as "The Old Mutual", so as to distinguish it from newer ...
Their old race track, although no longer in use, can be seen from the air on the north west side of the airfield. Grand Central is a fully equipped airfield and is open 24 hours a day. The complex incorporates a modern terminal building (although it lacks Customs facilities). It is also the base of numerous flying schools for both fixed-wing ...
British catalog retailer Argos says that it will close all of its stores in the Republic of Ireland by June, with the loss of 580 jobs, saying that the investment needed to modernize its operations in the country was "not viable". Netflix co-founder Reed Hastings steps down as co-CEO, having served in the position since its founding in 1997.
South African Express Airways SOC Ltd, known as South African Express or simply SA Express, was a state-owned airline based in South Africa that started operations on 24 April 1994, but had to cease operations on 28 April 2020.
The Gauteng Provincial Government (GPG) is the public partner and the primary promoter of the Project. The Concessionaire is the Bombela Concession Company (Pty) Ltd, which holds a 19½-year concession for the design, construction, financing, operation and maintenance of the Gautrain.