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Budget Speech 2018

Financial Sector Regulation

Welcoming back Old Mutual

 

We welcome the return this year of Old Mutual, which will move its primary listing back to the Johannesburg Stock Exchange.

 

We see this as a major vote of confidence in the attractiveness and growth potential of South Africa as a market in its own right, as well as a headquarters for African operations.

 

There will be regulatory benefits with respect to risk and governance, but most importantly, it is good to welcome home one of our oldest financial services companies.