Latest / Namibia News Today | 2 Min News | The Daily News Now!
Old Mutual Grows Sales Amid Profit Pressure | Namibia News
Old Mutual’s mid-year report shows explosive growth in new business sales and gross flows, up 21% each, fueled by strong performance across Corporate, Wealth Management, and Africa Regions — even after adjusting for one-off risk sales. Despite a projected 25-35% drop in headline earnings due to market volatility, operational earnings are expected to rise 2-12%, and new business value surged 32%, signaling a resilient, profitable engine driving future growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.