Mutual Building

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The Mutual Building (Afrikaans: Mutual Gebou), in Cape Town, South Africa, was built as the headquarters of the South African Mutual Life Assurance Society, now the “Old Mutual” insurance and financial services company. It was opened in 1940, but before the end of the 1950s—less than 20 years later—business operations were already moving to another new office at Mutual Park in Pinelands (north east of the city centre); since then Old Mutual has become an international business and their present head office is in London.
The building is a fine example of art deco architecture and design, and it has many interesting internal features such as the banking hall, assembly room, directors’ board room; external features include a dramatic ziggurat structure, prismoid (triangular) windows, and one of the longest carved stone friezes in the World. It has been said that it provides evidence of the colonial attitudes of the time, and the “ideals of colonial government promulgated by Rhodes in the late nineteenth century”. The Mutual Building is now converted to residential use, although Old Mutual still retain ownership of certain parts of the building.

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