How can Old Mutual defend the indefensible?
http://www.thoughtleader.co.za Michael Trapido Old Mutual says its investments are dictated by profit and not political considerations. The insurance giant was reacting to a call to shed its investment in the Zimbabwean company that prints the Mugabe government’s propaganda mouthpiece, The Herald newspaper. “Our investments are made for the benefit of our policyholders, meant to meet needs and expectations in terms of return and not contingent upon political consideration,” OM Zimbabwe group chief executive Luke Ngwerume said in a statement on Wednesday.” (Sapa) Anyone who has been living in Southern Africa for more than an hour would be aware of the atrocities that have been committed by the Zanu-PF and President Robert Mugabe in Zimbabwe in order to cling to power. One of the most important cogs in the machinery that they employ in order to achieve this is the Mugabe mouthpiece The Herald. It ensures that only the information and disinformation he wants circulated goes out to the peo
