What is the situation regarding Peter Moyo and Old Mutual?
Africa in Focus: Nigeria May Cut Rates if Inflation Falls to 9% or Less
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Business, Social Studies
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University
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Hard
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The video discusses Nigeria's potential interest rate cuts if inflation falls to 9%, though this is unlikely to happen this year. It also covers the ongoing legal dispute between Old Mutual and its former CEO, Peter Moyo, which remains unresolved. Additionally, the video highlights the upcoming strike by South African bank workers, who are protesting job cuts as banks digitize operations.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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What actions are South African banks taking in response to the potential strike?
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