'Peter Moyo is not required – nor permitted – at work'

Peter Moyo in the Johannesburg High Court on 18 July 2019. Picture: Nthakoana Ngatane/EWN

Mr Moyo is neither required nor permitted to report to work.

Tabby Tsengiwe, spokesperson - Old Mutual

Old Mutual is not backing down in its fight with fired CEO Peter Moyo.

The insurer says his sacking stands, even after a High Court ruling that Moyo must be reinstated.

Ray White asked EWN’s Nthakoana Ngatane for her take.

Old Mutual’s lawyers said they want to de-escalate the litigation… That meant they will not appeal the High Court ruling that Moyo should be reinstated… They are now going to rely on the second dismissal letter which has not been challenged by Moyo. Because it stands, he is not allowed to come back to work. That is what they meant when they said they were going to de-escalate litigation…

Nthakoana Ngatane, reporter - EWN

They [Old Mutual] don’t want him back at all…

Nthakoana Ngatane, reporter - EWN

Old Mutual Chairperson Trevor Manuel’s silence is deliberate, he said on Friday.

…there was this notion that this whole thing was about two individuals. It was never about two individuals. It’s never been about the chair. It’s been about the board taking leave of the chief executive. That is the theatre of what has played out. For the chair to be placed in the media every day is likely to become something that is untrue…

Trevor Manuel, Chairperson - Old Mutual

For more detail, listen to White’s interview of Ngatane in the audio below.


Recommended

by NEWSROOM AI
Read More
Nando’s is the boss of Pick n Pay ('iNkukhu'),  says ad expert Andy Rice

Nando’s is the boss of Pick n Pay ('iNkukhu'), says ad expert Andy Rice

“Pick n Pay dug themselves a hole, then jumped into it,” says branding and advertising expert Andy Rice.

Julius Malema (and the EFF) spent poor people’s stolen money - Pauli van Wyk

Julius Malema (and the EFF) spent poor people’s stolen money - Pauli van Wyk

They broke the law and spent money stolen from poor South Africans, investigations by Scorpio journalist Pauli van Wyk shows.

'The baby is lying there, and she just starts hitting him, seven times!'

'The baby is lying there, and she just starts hitting him, seven times!'

Police expect to make arrests after a video surfaced of teachers assaulting a baby and small children at a Randfontein creche.

What is better - money in the bank or investing in shares?

What is better - money in the bank or investing in shares?

Personal finance expert Warren Ingram offers a definitive answer with an explanation ordinary people can understand.

Jeremy Mansfield gets real about his money and beliefs about it

Jeremy Mansfield gets real about his money and beliefs about it

Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).

'We had a disdain for money. Material possessions counted for so little'

'We had a disdain for money. Material possessions counted for so little'

Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
[WATCH] Mzansi's Ndlovu Youth Choir's wows at AGT finale, voting is underway

[WATCH] Mzansi's Ndlovu Youth Choir's wows at AGT finale, voting is underway

South Africa waits with bated breath as the countdown to the winner of America's Got Talent begins.

[VIDEO] Driver goes to extreme lengths to avoid a ticket, takes cop for a ride

[VIDEO] Driver goes to extreme lengths to avoid a ticket, takes cop for a ride

Yusuf Abramjee shared this 'video as received' on Twitter and it is going viral.

10 unexpected things that most truly rich people have in common

10 unexpected things that most truly rich people have in common

Personal finance expert Warren Ingram on the money values that those "worth" R40 million or more almost invariably have in common.

Small business owner, nobody will save you!

Small business owner, nobody will save you!

There are no shortcuts. Beware of "White Knights and Silver Bullets", warns Aurik Business Accelerator founder Pavlo Phitidis.

Forensic investigator pokes holes in Watson death probe

Forensic investigator pokes holes in Watson death probe

The recent findings of a private pathologist ruled out suicide as the cause of death of the former Bosasa boss.

'My child went to an Afrikaans school'  Panyaza Lesufi says not 'anti-Afrikaans'

'My child went to an Afrikaans school' Panyaza Lesufi says not 'anti-Afrikaans'

Lesufi has been responding to the building of a new Afrikaans university in Pretoria by trade union Solidarity.

Panyaza Lesufi takes a swipe at private Afrikaans university under construction

Panyaza Lesufi takes a swipe at private Afrikaans university under construction

Gauteng Education MEC says there is no room in a non-racial South Africa for reminders of apartheid.

[WATCH] Man and woman assaulting a motorist goes viral, for the wrong reasons

[WATCH] Man and woman assaulting a motorist goes viral, for the wrong reasons

Khabazela shares tweets and Facebook posts that have gone viral.