Streaming issues? Report here
Buhle Madulini 702 Gradient Buhle Madulini 702 Gradient
SportsTalk with Buhle Madulini
19:00 - 21:00
volume_up
volume_mute

Up Next: Tonight with Lester Kiewit
See full line-up
SportsTalk with Buhle Madulini
19:00 - 21:00
Home
arrow_forward
Business

Peter Moyo is lying, purposely diverting attention from own actions – Old Mutual

8 July 2019 6:50 PM
Tags:
The Money Show
Trevor Manuel
Bruce Whitfield
Old Mutual
Peter Moyo
Institute of Directors in Southern Africa
Arabile Gumede
NMT Capital
Vikeshni Vandayar
IoDSA

Arabile Gumede interviews Vikeshni Vandayar of the Governance and Corporate Services at Institute of Directors in Southern Africa.
Former Old Mutual CEO Peter Moyo. Picture: YouTube

Old Mutual accuses its former CEO Peter Moyo of a deliberate attempt to divert attention from his actions to Chairperson Trevor Manuel.

Also, read:

The company says Moyo has made “false and unwarranted” allegations against Manuel.

Old Mutual suspended Moyo in May and fired him in June, naming conflict of interest with investment company NMT Capital – of which Moyo is a founding member - as the reason.

The suggestion by Mr Moyo… that the Old Mutual non-executive directors are under the sway of the board chair and were incapable of exercising independent judgement in reaching the conclusion that there has been a breakdown in trust and confidence in Mr Moyo is totally without foundation. This is deeply disrespectful to the women and men of high standing, business experience and integrity who make up the board of Old Mutual…

Old Mutual

Arabile Gumede (in for The Money Show’s Bruce Whitfield) interviewed Vikeshni Vandayar, Executive for Governance and Corporate Services at Institute of Directors in Southern Africa (IoDSA).

Listen to the interview in the audio below (and scroll down for quotes from it).

It is an individual’s responsibility to declare conflicts of interest they may have. And it’s for the board to decide if it’s manageable…

Vikeshni Vandayar, Executive for Governance and Corporate Services - Institute of Directors in Southern Africa

You should be looking… if there’s conflict before making an appointment.

Vikeshni Vandayar, Executive for Governance and Corporate Services - Institute of Directors in Southern Africa

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Peter Moyo is lying, purposely diverting attention from own actions – Old Mutual


8 July 2019 6:50 PM
Tags:
The Money Show
Trevor Manuel
Bruce Whitfield
Old Mutual
Peter Moyo
Institute of Directors in Southern Africa
Arabile Gumede
NMT Capital
Vikeshni Vandayar
IoDSA

Recommended

More from Business

fikile-mbalula-briefing-30-maypng

Curfew on public transport to be lifted, domestic air travel phased in

30 May 2020 4:44 PM

Transport Minister Fikile Mbalula outlined the relaxation of transport regulations under Level 3 of the national lockdown during a media briefing on Saturday.

Share this:
Read More arrow_forward

Drive-in cinema 123rf 123rfbusiness 123rflifestyle

Cape Town gets a drive-in cinema - with an LED screen for daytime watching

29 May 2020 2:39 PM

Initially, it’ll allow up to 150 cars, says Mother City Drive-In co-founder Lyle Masters.

Share this:
Read More arrow_forward

white-wine-glassjpg

Online wine store shuts its 'doors' temporarily due to influx of orders

29 May 2020 1:19 PM

Getwine.co.za COO says before lockdown there was also a rush of sales and in fact, many liquor stores depleted their stock.

Share this:
Read More arrow_forward

Accountant accountancy business 123rfbusiness 123rf

Cape Town accounting firm pivots to help small businesses deal with Covid-19

29 May 2020 11:42 AM

Bright Path Consulting invested in mask-making with a group of women in the community and gave Groote Schuur Hospital 5000 masks.

Share this:
Read More arrow_forward

Retirement couple relationship

How to plan for retirement during the Covid-19 crisis

28 May 2020 7:47 PM

The Covid-19 pandemic and the economic destruction in its wake has left some of us wondering if we'll ever be able to retire.

Share this:
Read More arrow_forward

Economy, stock market, recession

How to invest globally...during a global pandemic

28 May 2020 7:36 PM

Investors are not exactly confident to invest in shares and trade on the markets during these times.

Share this:
Read More arrow_forward

charlys-bakery-insta-picpng

Charly's bakery is at risk, asking for help

28 May 2020 7:09 PM

Lots of small businesses are going under or holding on by the skin of their teeth .

Share this:
Read More arrow_forward

Open for business

SA economy opens steadily - will it bring any relief to the contraction?

28 May 2020 6:43 PM

On Monday many sectors of the economy will return to business as usual.

Share this:
Read More arrow_forward

191027bokkewalesjpg

'Play rugby properly! No need for half-baked ideas just to have something on TV'

28 May 2020 3:12 PM

"I'd rather they keep on rerunning the World Cup final," says Jan de Koning (rugby365). "I’ll watch it 10 times every day!"

Share this:
Read More arrow_forward

covid-19-testing-booth-leafy-techpng

When WC Health asked Leafy Tech for a testing booth they rose to the occasion

28 May 2020 11:00 AM

Farhana Monier, owner of artisan woodworking company Leafy tech explains how they pivoted their business during lockdown.

Share this:
Read More arrow_forward