Peter Moyo wants Old Mutual to pay him R250 million
Peter Moyo wants Old Mutual to pay him R250 million.
The fired CEO is suing the insurer after it barred him from work, despite a High Court ruling to reinstate him.
Old Mutual is appealing the judgement and will fight Moyo’s claim for damages.
…he seeks permanent reinstatement. Alternatively, he seeks damages of about R250 million…Eric Mabuza, lawyer - Peter Moyo
Listen to the interview in the audio below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Former Springbok Bryan Habana about where he is at this point of his career.Read More
Skynamo is a Field Sales management and productivity app used by manufacturers, distributors and wholesalers.Read More
Only 54% of South Africans had a bank account in 2004, the goal is to make that 90% by 2030, where are we now.Read More
Government has two weeks to overhaul lockdown regulations they say were put in place to curb the spread of the coronavirus, or win an appeal.Read More
The University of Pretoria's Centre for Entrepreneurship has launched a free National Support Portal for SMMEs.Read More
The Yoco Small Business Recovery Monitor is a live, publicly available, small business transaction data resource.Read More
Domestic workers and gardeners are allowed back at work this week, as lockdown restrictions relax under Level 3.Read More
Level 3 of lockdown started this week and business is picking up.Read More
National and business leaders have had to make some difficult decisions and will be expected to make many more as the crisis continues.Read More
The Purchasing Managers' Index remains dismal, stuck, depressed - suggesting subdued activity.Read More