Government hasn't put enough points on the scoreboard - OM's Khaya Gobodo

Loading player...
After a turbulent period in which Old Mutual shares fell sharply because of its protracted battle with Peter Moyo; the insurer managed to get a favourable outcome from courts this month when it was granted permission to sever ties with its former chief executive officer. Old Mutual sacked Moyo citing a material breakdown in trust and confidence and barred him from its offices. There was also an embarrassing incident when an unhappy Kwazulu-Natal family brought a body of a loved one in a bag to an Old Mutual branch to settle a funeral policy. Old Mutual's Managing Director for Wealth and Investments, Khaya Gobodo told Biznews at Davos in Switzerland that the company was now able to look forward. Referring to the government's investment drive at Davos, Gobodo says the rate of change is too slow. Policy articulation is better under Ramaphosa... but the government is far behind in execution." - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Jan 2020 2AM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min