Ray Mahlaka
Moneyweb News
Johannesburg, GP, South Africa
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Past articles by Ray:
Rand slumps as Mboweni reveals wider government debt, revenue shortfall
The local unit weakens by nearly 2% against the US dollar. → Read More
Talks with labour hinder pace of cutting public sector wage bill
The expected R12 billion savings for the fiscus per year up until 2022 ‘have been reversed.’ → Read More
Old Mutual pleads for its board members not to be jailed
Says a more appropriate sanction if they are found guilty of contempt of court would 'among other things' be a suspended sentence, a fine or a warning. → Read More
Moyo heads back to work. Again.
Axed Old Mutual CEO Peter Moyo plans to return to his office for the third time. But the insurer insists that he is not welcome. → Read More
Old Mutual backs down on further legal action against Moyo
The insurer’s chairman Trevor Manuel is expected to host a media briefing about the dispute with Moyo. → Read More
Moyo is still Old Mutual’s CEO – for now
Court grants the insurer leave to appeal against the judgment that reinstated Moyo. → Read More
Old Mutual fires Peter Moyo (again)
Moyo’s lawyer describes Old Mutual’s move as 'corporate madness' and 'goes beyond anything we have seen in our lives'. → Read More
Please Call Me inventor wants more than R10bn
Nkosana Makate heads back to court to challenge the R47m settlement offered by Vodacom. → Read More
Old Mutual board throws jabs at Peter Moyo’s bid to censure its conduct
The 14-member board asks the High Court in Johannesburg to dismiss Moyo’s application to have their conduct to declared in contempt of court. → Read More
Peter Moyo puts new screws on Old Mutual’s board
Former CEO now wants its members declared in contempt of court as well as delinquent. → Read More
Peter Moyo’s return to Old Mutual starts with lawyers meeting
Old Mutual fights back and wants to appeal a high court judgment that immediately reinstated Moyo as CEO. → Read More
Peter Moyo reinstated as Old Mutual CEO
High court rules that Old Mutual didn’t follow proper procedures when it fired Moyo. → Read More
Ramaphosa’s land panel endorses a careful approach
Supports amending the constitution but wants a bill that provides clarity on the kind of land that can be expropriated and when compensation can or cannot apply. → Read More
Moyo now wants the entire Old Mutual board to be purged
Axed CEO wants a new interim board to be appointed. → Read More
Moyo drags Rothschild’s Kingston into Old Mutual battle
Axed CEO might subpoena Kingston to submit an affidavit about Trevor Manuel’s 'triple conflict of interest'. → Read More
BEE commission ups the ante on voting rights
Among the schemes that could be affected are those operated by Sasol, Barloworld, MTN and MultiChoice. → Read More
Moyo was comfortable with Manuel’s potential conflict of interest – Old Mutual
Insurer turns the tables on its former CEO, saying he was also responsible for the company paying Trevor Manuel’s legal fees in his battle against the Guptas. → Read More
The gloves are off: Old Mutual to fight Moyo in court
Another twist in what is shaping up to be a nasty legal battle between the two parties. → Read More
Old Mutual shareholders want Moyo to exit without a golden handshake
Insurer says former CEO will only receive money for his notice period as stipulated in his employment contract. → Read More
CompCom clamps down on the use of long-term exclusive lease agreements
Names Shoprite, Pick n Pay, Woolworths and Spar as the biggest culprits in using these agreements to restrict the entry of emerging retail chains. → Read More