Court upholds Old Mutual appeal against Peter Moyo's reinstatement

Image: Moeletsi Mabe/Sunday Times Axed Old Mutual chief executive Peter Moyo will not be going back to work anytime soon.

A South African court upheld Old Mutual's appeal against temporary reinstating its sacked chief executive Peter Moyo with costs, on Tuesday.

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.

Reuters