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Old Mutual investors to share $734 mln of Nedbank stock

24 June 2021 By admin

Old Mutual investors to share 4 mln of Nedbank stock:

Johannesburg, Gauteng, South Africa in the news:

  1. Old Mutual investors to share 4 mln of Nedbank stock: South African insurer Old Mutual said on Wednesday it would distribute $ 734 million in shares in lender Nedbank among its shareholders, reducing its stake in the bank to 7.2% from 19.4%. The insurer … – “Johannesburg” – BingNews
  2. No vaccine shortage expected for teachers – Deputy Health Minister Joe Phaahla: The deputy minister confirmed that there were currently 300,000 doses that were being administered to educators, with more Johnson & Johnson vaccines set to arrive in the country soon. – “Johannesburg” – BingNews
  3. Zondo commission not done grilling Malusi Gigaba: Former Public Enterprises Minister Malusi Gigaba is not just yet done at the State Capture Commission as he is expected to answer more questions. – “Johannesburg” – BingNews
  4. The PSL must break its silence: The past two chaotic weeks have laid bare the Premier Soccer League’s (PSL’s) shortcomings regarding the troubled promotion playoffs. – “Johannesburg” – BingNews
  5. Global herd immunity remains out of reach because of inequitable vaccine distribution – 99% of people in poor countries are unvaccinated: Public health experts estimate that approximately 70% of the world’s 7.9 billion people must be fully vaccinated to end the COVID-19 pandemic. As of June 21, 2021, 10.04% of the global population had … – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? The city was rebuilt four times in the span of one century: First, Johannesburg was a tented camp. Then it was a town of tin shanties. Next it was a town filled with four-storey Edwardian brick buildings and finally, it became a city of modern skyscrapers.

Source: MyJHB

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Filed Under: Johannesburg Tagged With: $734, investors, mutual, nedbank, share, Stock

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