Old mutual
MacG losses sponsorship from retail brand Studio 88
The brand has announced that it pulled its sponsorship of the controversial podcaster who hosts 'Podcast & Chill with MacG'.
In a recent podcast episode, the former radio presenter chats to fellow YFM alumni, Sol Phenduka, about transgender women, referring to them as 'shemale' and women with male private parts.
Iain Williamson’s appointment ends over a year of uncertainty over who will lead one of the country’s biggest insurers following the abrupt dismissal of former CEO Peter Moyo in June 2019 after a conflict of interest dispute.
The 175-year-old insurer has been led by acting CEO Iain Williamson since the abrupt sacking of ex-CEO Peter Moyo in June last year.
Minister of Health Dr Zweli Mkhize and other senior government officials visited the North West province to receive a donation of personal protective equipment from Sibanye-Stillwater and Old Mutual in Rustenburg. Minister of Mineral Resources and Energy Gwede Mantashe also used the opportunity to address miners' safety during the pandemic.
If you were thinking of getting retrenchment cover right now, you’re a little too late.
Added to its exco taking salary cuts from this month, Old Mutual is also making R4 billion worth of cover available to over 400,000 healthcare workers.
The country will be going on a 21-day lockdown as of Thursday midnight to try to curb the spread of the virus.
The Supreme Court of Appeal has refused ex-Old Mutual Chief Executive Peter Moyo leave to appeal a decision overturning his temporary reinstatement and dismissing the case against his sacking in June, Old Mutual said on Monday.
Peter Moyo has been battling with Old Mutual over his sacking since he was dismissed following a dispute over a conflict of interest in June 2019.
The company stated that the process to appoint a permanent CEO would continue in the interim.
The court upheld Old Mutual's appeal against an earlier ruling by the High Court that he should be reinstated.
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.
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.
Judgment was handed down on Tuesday morning and the application was dismissed with costs.
In July, Mashile ruled that the former CEO's dismissal by the old mutual board was unlawful and he should be reinstated immediately.
The Mtshali family resorted to taking the body of their dead relative to a local Old Mutual after they failed to get a pay out from the company.
Two members of the Mtshali family dragged the body of a loved one to an Old Mutual office in KwaZulu-Natal, demanding a policy payout.
Two members of the Mtshali family dragged the body of a loved one to an Old Mutual branch demanding a policy payout.