There are hundreds if not thousands of public servants who are facing disciplinary action - they did not benefit directly, writes Melanie Verwoerd.
Morning clouds. Mild.
The firm will end 2019 still sparring with ex-Chief Executive Officer Peter Moyo.
The financial services giant earlier announced it has applied for the recusal of Judge Brian Mashile from it legal battle against its former CEO Peter Moyo.
In court papers the insurance giant says there is no chance of a 'future successful relationship'.
In an apparent blow to chairman Trevor Manuel, Old Mutual director Nombulelo Pinky Moholi has resigned with immediate effect.
The Black Management Forum has accused Old Mutual and its chair Trevor Manuel of disregarding the courts and the rule of law during its legal battle with axed CEO Peter Moyo.
Old Mutual’s results for the six months to end-June show a 10% increase in its headline profit to R5.2bn - thanks in part to higher investment returns in South Africa.
Old Mutual board chairperson Trevor Manuel says the board is united, contrary to the 'two bulls in a kraal' narrative created by Peter Moyo, Business Maverick reports.
Old Mutual is set to head to court on Friday to battle it out with its on-again, off-again CEO Peter Moyo in the second round of a corporate clash that Moyo has dubbed 'David vs. Goliath' in court papers.
Trevor Manuel says the Economic Freedom Fighters's appeal of a defamation suit he won against the party has no merit and that the damages awarded by the court were appropriate
Axed Old Mutual CEO won his bid to be reinstated at Old Mutual on Tuesday. The High Court in Johannesburg ruled that his dismissal was unlawful. Moyo said he would return to work tomorrow.
The country's second-largest life insurer is hoping to get an earlier high court judgement -ordering it to reinstate its axed CEO, Peter Moyo - thrown out.
Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months' jail time, without the option of a fine, on contempt of court charges.
Axed Old Mutual CEO Peter Moyo believes the board should take drastic action against chair Trevor Manuel.
Old Mutual chair Trevor Manuel has apologised for his "inappropriate" remark about a judge who delivered a ruling against the company in litigation involving its axed CEO Peter Moyo.
"Legal steps will be taken to bring the latest insults to the attention of the court."
In a new affidavit, the on-again, off-again Old Mutual head says his second axing by the financial services giant was "deliberately calculated to undermine the efficacy of the judgement of this court".
Old Mutual and on-again, off-again CEO Peter Moyo will hear the outcome of their increasingly acrimonious legal battle in approximately two weeks
It doesn't matter who wins - when SA's political and corporate leaders are in public battle, the brand and reputational damage has far-reaching consequences, says Solly Moeng.
Old Mutual will appeal the High Court ruling on Tuesday which re-instated Peter Moyo as CEO, a company spokesperson confirmed to Fin24.
Old Mutual CEO Peter Moyo is ready to report for duty immediately after his court victory on Tuesday and does not foresee any problems having a working relationship with the board and the chairperson Trevor Manuel.
Cape Town Southern Suburbs1st Contact T/A Sable International
Cape TownemergeR560.00 - R580.00 Per Hour
Cape Townemerge R580 000.00 - R620 000.00 Per Year
R 3 395 000
R 1 195 000
Apartments / Flats
R 985 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.