Company News & Results

Climate Fund Managers Announces Largest Debt-for-Climate Conversion in History to Protect the Galapagos Islands

Alexforbes acquires majority stake in TSA Administration

Alexforbes, a leading financial services firm, announced today that it has concluded an agreement with shareholders of TSA Administration (TSA) to acquire a majority interest in TSA, subject to the fulfilment of commercial conditions precedent (the transaction).

Former Finance Minister Nene appointed as new Chairman of Old Mutual SuperFund Management Board, to enhance the fund’s policy and regulatory expertise

Old Mutual is pleased to announce that Nhlanhla Nene, the former Minister of Finance, has been appointed as the new Chairman of the Management Board (with effect from 1 July 2023) for Old Mutual SuperFund, South Africa’s largest umbrella pension fund with more than 500,000 members. Nene takes over from Bertie van Wyk who will be retiring from the Board on 30 June 2024.

South Africa’s New National partners with JBA Risk Management for global flood data

Specialist insurer New National Assurance has signed an annual deal with JBA Risk Management for the use of its flood data for South Africa.