The war with Trump’s tariffs is simply too big for South Africa to fight back with tariffs, making finding other markets a better option.

The latest entrant in South Africa’s crowded banking sector aims ... Read: Old Mutual CEO Iain Williamson to step down in August The new bank will report losses of as much as R1.3 billion ...

Old Mutual is making significant progress on its upcoming bank but expects the new entity to record ... in equities and money market assets, mainly in South Africa, Malawi and Kenya.