AG backs Old Mut; SA pub in world Top 100; Zille wants DA chair; US IPOs freeze.

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Africa’s largest privately owned asset manager Allan Gray, whose clients own 10% of Old Mutual, is backing the life assurer’s actions against its former CEO Peter Moyo who last week sued the company for R250m. 
The US’s previously steaming market for new listings has turned ice cold after investors dropped money on loss-making start-ups like WeWork and Uber.
Helen Zille, the 68 year old former Premier of South Africa’s Western Cape province, has come out of her self-imposed retirement from politics. 
On a lighter note, Johannesburg watering hole Sin+Tax, sited at the corner of Jan Smuts Avenue and Bolton Road in Rosebank, has been named among the top 100 bars in the world.
6 Oct 2019 6AM English South Africa Investing · Business News

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