20°C / 22°C
  • Wed
  • 30°C
  • 16°C
  • Thu
  • 31°C
  • 17°C
  • Fri
  • 18°C
  • 16°C
  • Sat
  • 25°C
  • 15°C
  • Sun
  • 25°C
  • 15°C
  • Mon
  • 25°C
  • 15°C
  • Wed
  • 24°C
  • 19°C
  • Thu
  • 28°C
  • 19°C
  • Fri
  • 28°C
  • 19°C
  • Sat
  • 27°C
  • 20°C
  • Sun
  • 27°C
  • 20°C
  • Mon
  • 27°C
  • 20°C
  • Wed
  • 33°C
  • 18°C
  • Thu
  • 33°C
  • 19°C
  • Fri
  • 19°C
  • 17°C
  • Sat
  • 27°C
  • 16°C
  • Sun
  • 27°C
  • 16°C
  • Mon
  • 27°C
  • 16°C
  • Wed
  • 30°C
  • 15°C
  • Thu
  • 31°C
  • 15°C
  • Fri
  • 18°C
  • 14°C
  • Sat
  • 26°C
  • 14°C
  • Sun
  • 26°C
  • 14°C
  • Mon
  • 26°C
  • 14°C
  • Wed
  • 25°C
  • 21°C
  • Thu
  • 25°C
  • 22°C
  • Fri
  • 27°C
  • 23°C
  • Sat
  • 28°C
  • 23°C
  • Sun
  • 28°C
  • 23°C
  • Mon
  • 28°C
  • 23°C
  • Wed
  • 20°C
  • 18°C
  • Thu
  • 22°C
  • 18°C
  • Fri
  • 23°C
  • 18°C
  • Sat
  • 25°C
  • 21°C
  • Sun
  • 25°C
  • 21°C
  • Mon
  • 25°C
  • 21°C
  • Wed
  • 27°C
  • 18°C
  • Thu
  • 29°C
  • 18°C
  • Fri
  • 33°C
  • 18°C
  • Sat
  • 33°C
  • 19°C
  • Sun
  • 33°C
  • 19°C
  • Mon
  • 33°C
  • 19°C
  • Wed
  • 19°C
  • 15°C
  • Thu
  • 25°C
  • 14°C
  • Fri
  • 27°C
  • 15°C
  • Sat
  • 30°C
  • 16°C
  • Sun
  • 30°C
  • 16°C
  • Mon
  • 30°C
  • 16°C
  • Wed
  • 33°C
  • 18°C
  • Thu
  • 35°C
  • 18°C
  • Fri
  • 20°C
  • 16°C
  • Sat
  • 26°C
  • 16°C
  • Sun
  • 26°C
  • 16°C
  • Mon
  • 26°C
  • 16°C
  • Wed
  • 35°C
  • 18°C
  • Thu
  • 34°C
  • 18°C
  • Fri
  • 24°C
  • 16°C
  • Sat
  • 29°C
  • 15°C
  • Sun
  • 29°C
  • 15°C
  • Mon
  • 29°C
  • 15°C
  • Wed
  • 27°C
  • 15°C
  • Thu
  • 29°C
  • 17°C
  • Fri
  • 24°C
  • 18°C
  • Sat
  • 26°C
  • 17°C
  • Sun
  • 26°C
  • 17°C
  • Mon
  • 26°C
  • 17°C
  • Wed
  • 20°C
  • 18°C
  • Thu
  • 22°C
  • 18°C
  • Fri
  • 22°C
  • 18°C
  • Sat
  • 25°C
  • 20°C
  • Sun
  • 25°C
  • 20°C
  • Mon
  • 25°C
  • 20°C

Peter Moyo to appeal latest ruling in bid to get Old Mutual job back

Sacked Old Mutual CEO Peter Moyo has instructed his lawyers to appeal Tuesday's High Court ruling which confirmed that Old Mutual did not have to reinstate him.

Former Old Mutual CEO Peter Moyo. Picture: YouTube

JOHANNESBURG - Sacked Old Mutual CEO Peter Moyo has instructed his lawyers to appeal Tuesday's High Court ruling which confirmed that Old Mutual did not have to reinstate him.

The court upheld the insurance and banking group's appeal against Moyo with costs.

Old Mutual has been locked in a dispute with Moyo since it suspended him in May 2019 in relation to an alleged conflict of interest.

He was fired in June, then temporarily reinstated by the courts in July in a ruling that also blocked the insurer from seeking a replacement.

Moyo's lawyer Eric Mabuza said that he would soon be communicating their decision to appeal with Old Mutual.

"I see that there has been some misreporting that Old Mutual can now go ahead and appoint a new CEO. That's not the case. Once we inform them of our appeal, they're not entitled to do that. The old judgment continues to be enforced and the new judgment is suspended."

However, Old Mutual said that after today's court ruling, the board was now free to continue with its search for a new CEO.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus