Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months’ jail time, without the option of a fine, on the contempt of court charges he lodged against them for disregarding a ruling that he be reinstated.
In its hay-day, Zimbabwe used to be popularly known as “the breadbasket of Africa.”
Dear Family and Friends,
(Bloomberg) — As hundreds of pensioners line up outside a bank in central Harare in the hope of collecting their pensions, military veteran Elias Nyabunzi has a sense that he has seen this all before.
Old Mutual Zimbabwe has offered employees an improved retrenchment package after the first offer, made earlier this year, was met with limited uptake.
