Western Cape Business 2018 edition

NEED HELP WITH HOLISTIC

NEED HELP WITH HOLISTIC FINANCIAL PLANNING AND SAVING? Old Mutual Personal Finance specialises in providing holistic financial planning - Advice That Matters. We offer a wide range of wealth creation and protection products. For example: The Old Mutual Invest Tax-Free Savings Plan, which offers a low, entry-level premium and refunds you 50% of admin charges when you reach your maximum premium limit in a year. NEED LIFE AND DISABILITY COVER? Old Mutual Personal Finance marketleading risk protection range offers the most comprehensive illness range with clear claim definitions, including GREENLIGHT. NEED TO PROTECT YOUR BUSINESS? Old Mutual Insure are experts in agriculture, engineering and marine insurance. We offer a range of insurance solutions to protect your business against everything from fire and theft to business interruption and legal liability costs. NEED DEBT CONSOLIDATION AND TRANSACTIONAL BANKING? Through Old Mutual Finance you can gain access to: • My Money Plan, which enables you to consolidate your debt, and choose from a range of personal loans at a fixed interest rate. • Money Account, which links a transactional (SWIPE) account and an investment (SAVE) account so you automatically invest a set amount into a unit trust every time you make a purchase with your card. *(In association with Bidvest Bank Ltd) NEED HELP WITH INVESTING? Old Mutual Wealth is a fully integrated, adviceled wealth management business. We have a personalised and integrated approach to grow and preserve your wealth over time. Our specialist capabilities include Private Client Securities, Old Mutual Multi- Managers, Fiduciary Services and Offshore Investing. We partner with leading financial planners to provide you with a tailored lifetime wealth plan to help you achieve the best outcome in line with your objectives, goals and aspirations. NEED A FINANCIAL PARTNER THAT MAKES A POSITIVE IMPACT ON SOCIETY? Old Mutual is deeply committed to playing a significant role in building a strong and financially inclusive South Africa. As a responsible business committed to caring for our communities, the Old Mutual Foundation addresses socio-economic challenges through investing in: • Small business development and entrepreneurship • Youth unemployment through skills training • Strategic education initiatives • Caring for vulnerable communities In 2016 alone the Old Mutual Foundation invested R25 686 172 in various community projects across our nation (actual grant funding payments made during 2016). In the Western Cape the Old Mutual Foundation invested a total of R2 919 984 across its various community empowering portfolios in the region. Our staff are the hearts and hands of Old Mutual in the communities we operate in, and we support our staff volunteers through various programmes. In the Western Cape, 144 organisations have received a total R1 921 824 as a result of staff volunteering efforts. INVESTMENTS I SAVINGS I PROTECTION ombds 7.2017 L10479.10 Old Mutual is a Licensed Financial Services Provider

OLD MUTUAL FOUNDATION CASE STUDIES Contributing to skills development is a key aspect of reducing youth unemployment and enabling marginalised people to move into the mainstream economy. Through funding received from Old Mutual Foundation, the Grootbos Green Futures Horticulture and Life Skills College near Gansbaai in the Overberg was able to provide educational training to 12 unemployed young adults, giving them the skills and confidence necessary to market themselves and become employable, while at the same time contributing to the conservation and promotion of the Western Cape’s unique biodiversity. The MASISIZANE FUND focuses on enterprise development and job creation to help alleviate poverty and improve food security in South Africa. This is achieved through encouraging entrepreneurship and capacity development and financing of micro, small and medium enterprises (SMMEs). Preference is given to SMMEs with 51% plus ownership by women, youth or people with disabilities. Masisizane Fund disbursed R147m worth of funds in 2016 through soft loans in the three high-impact sectors and facilitated the creation of 862 jobs against a target of 625 jobs. In the Western Cape, Masisizane disbursed funds of R6 862 268 to one client which created 50 new jobs. MASISIZANE CASE STUDIES IN THE WESTERN CAPE The client managed to buy the business from her father in 2011 for R250k. She managed to turn the business into a profitable operation by diversifying the product range and increasing the revenue streams from R2.3m (2011) to R8.4m in 2015. Case Study Fast Facts Masisizane Fund Loan R3.67m Number of Jobs 50 Jobs Facilitated Geographic Location Peri-Urban Sector Supply Chain WANT TO HELP BUILD THE PLATFORM FOR FINANCIAL INCLUSION? Financial education is the gateway to financial inclusion. The Old Mutual Financial Wellbeing programme promotes financial literacy and awareness across market segments in line with the Financial Sector Charter. We offer highly effective financial education and support programmes to help South Africans take control of their finances. Between 2007 and end of 2016 more than 589 808 people were reached through face-to-face workshops held for communities as well as employees in the public and private sector. In 2016 more than 88 000 individuals participated in our On the Money workshops nationally, with 24 674 participating in our Fin360 programmes. Lasco Crete (Pty) Ltd Lasco Crete (Pty) Ltd is a 100% female-owned manufacturing company that produces concrete products focusing on walling solutions for various markets. The business operations are based in Philippi Township within the Cape Flats area of Cape Town. In the Western Cape 13 638 individuals were trained in our Old Mutual On the Money financial education programme and 6 090 were trained in our Fin360 financial education programme. For more information, contact Savarion Arendse at WesternCapePMB@oldmutual.com