Old Mutual says despite the court dismissing its application, Peter Moyo would not be returning to work on Monday because he didn't challenge the legality of his second axing.
“Mr Moyo has not challenged the contractual validity of the further notice of termination given on August 21. He will not be returning to work in the interim,” said the company in a statement.
The Johannesburg High Court dismissed the Old Mutual’s application to prevent his return until the conclusion of his appeal process.
“The application was dismissed in its entirety and the applicant is ordered to pay costs,” said Judge Brian Mashile.
The same court ruled at the end of July that Old Mutual acted unlawfully when dismissing Moyo, while also blocking the business from continuing a process of finding a replacement.
The court also ordered Old Mutual to pay Moyo’s legal costs.