OM Bank getting digital wallet support in H1 2026
South Africa's newest bank — OM Bank — plans to roll out support for Apple Wallet and Google Wallet in the first half of 2026.
The Old Mutual-owned bank officially launched to the public in November 2025, after successfully completing testing...
Hi there, looking for recommendations for best Life insurance in SA - obviously most helpful to hear from people who have benefited from it? As people paying for life insurance right now dont actually benefit from the money. Looking for what's best for my future kids.
My circumstances...
Old Mutual WhatsApp scam doing the rounds
Old Mutual has issued a warning about a highly sophisticated investment scam circulating on social media and messaging platforms such as WhatsApp that is impersonating its Group CEO.
The scam falsely uses the company’s logo as well as names and images...
Hi there, looking for recommendations for best Life insurance in SA - obviously most helpful to hear from people who have benefited from it? As people paying for life insurance right now dont actually benefit from the money. Looking for whats best for my future kids.
My circumstances...
An Old Mutual consultant gave me a call and offered me a loan. I thought ok, lets see what is on offer.
They went through my current accounts and came up with 3 old loan / CC accounts that have been settled and closed many years ago. It shows I am still paying installments on these currently...
DStv has the best insurance in South Africa — and Old Mutual the worst
The Ombudsman for Short-Term Insurance (OSTI) has released its statistics for 2022, showing which South African insurers have the best and worst complaints ratios.
In a joint annual report with the Ombudsman for Long-Term...
Old Mutual to launch bank in South Africa
Old Mutual says it received Prudential Authority approval to apply for a banking licence in South Africa, plans to launch in 2024, and break even in three years.
The financial service company announced the development in a voluntary trading update for...
Competition Commission raids 8 insurance companies for alleged collusion — including Discovery, Sanlam, and Momentum
The Competition Commission conducted search and seizure operations at the premises of eight major insurance companies in South Africa on Thursday, 25 August 2022.
The commission...
South Africa's entry-level bank accounts compared
Several bank accounts in South Africa come with a very low monthly fee and affordable pay-as-you-use costs for those with minimal banking needs.
MyBroadband recently compared South African bank accounts with no monthly fee but found that many...
Ransomware attack took down R2 trillion investment company for five days
Curo Fund Services is investigating the cause behind the ransomware attack it suffered last week, according to a report from the Sunday Times.
The investment administration provider was unable to access its systems for...
Goodbye DStv and Woolworths
South Africans under financial pressure due to the Covid–19 pandemic are cutting spending on non-essentials such as restaurants and take-aways, and TV subscriptions.
These were the findings of Santam’s Insurance Barometer report for 2020/21.
Pineapple secures R80 million investment
Pineapple has closed its Series A funding, through which it raised R80 million. Notable investors include Lireas Holdings, the ASISA ESD Fund, E4E, Vunani Capital and Old Mutual.
Pineapple is an insurtech startup that launched in 2018. It has won many...
Hi all - not sure if this question has been asked before - but I have a terrible performing RA with Old Mutual. They've spilt unit trusts between Allan Grey Equity, Nedgroup Investment Value A fund and Old Mutual SA Quoted Property.
Last year alone our payments of nearly 600k were essentially...
Old Mutual security breach
Old Mutual has informed clients it recently detected unauthorised entry to one of its systems, which led to personal customer information being accessed.
Old Mutual sends confidential banking email without password protection
Old Mutual said it is in the process of applying password protection to all its electronic contracts and statements.
Hi Guys,
I would just like to ask, what sort of questions is one able to ask the consultants when calling in to Allan Gray? I understand they can't give financial advice, but what advice can they give to assist in making a decision without consulting a financial adviser?
Also, I have an...
Hi
I've been contacted by a guy who I let come and see me and talk to me about products that his company offers through Old Mutual. They seem legit but I'm a skeptic.
I've tried to contact Old Mutual to verify that these people are registered agents of theirs and not some scam artist.
Old...
Just curious as to who else is going, are you doing the ultra or half, how many have you done before and what time are you aiming for?
For me it will be my 3rd half and I hope to have it done in under 1h49m.