5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • Old Mutual has begged the court not to send its board members to prison, if found guilty of contempt of court for blocking CEO Peter Moyo from returning to work. The group said that such a punishment would be excessive and inappropriate, adding that it would be more suitable to deliver a suspended sentence or impose a fine. The board has blocked Moyo from returning to work three times, leading to his application to hold them in contempt of court. [Moneyweb]

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5 important things happening in South Africa today