Saturday, 4 Apr 2026

Current affairs publication that encourages citizens’ journalism

Explore Now
Townpress Newspaper
  • News
  • Africa
  • World
  • Opinions
  • Sports
  • Lifestyle
  • People
  • Motoring
  • Podcast
My News
  • ANC
  • Cyril Ramaphosa
  • eskom
  • facebook
  • twitter
  • SAPS
  • President Cyril Ramaphosa
  • Gauteng
  • DA
  • Nigeria
Townpress NewspaperTownpress Newspaper
Font ResizerAa
  • News
  • Africa
  • World
  • Opinions
  • Sports
  • Lifestyle
  • People
  • Motoring
  • Podcast
Search
  • News
  • Africa
  • World
  • Opinions
  • Sports
  • Lifestyle
  • People
  • Motoring
  • Podcast
Have an existing account? Sign In
Follow US
© 2014 - 2026 Townpress Newspaper, South Africa - Townpress logo & associated media rights are the intellectual property of Townpress Newspaper. All Rights Reserved.
Finance

Old Mutual faces public backlash after allegedly defying a court order

Grace Thaba
Last updated: March 11, 2024 9:42 pm
By
Grace Thaba
March 11, 2024
Share
2 Min Read
SHARE

Old Mutual, an insurance and financial firm, has been dealing with a PR nightmare since a social media user’s post prompted chaos over the corporation allegedly not complying to a court order. On March 5, Sebabatso Molefi, a frustrated social media user, went viral for her post on X.

“Dear @OldMutualSA please advise why you are refusing to release my mother’s money even though a court order has been provided. You are in contempt of court and I am about to lose my cool right now.”

Molefi stated that Old Mutual was delaying her mother’s pension payments. The post had over 1.3 million views and 2800 reshares. Many X users then came forward in response to the post, complaining about Old Mutual and how the financial institution has rejected their claims over petty reasons.

In their initial response to Molefi, Old Mutual stated that it would look into the matter and that it would take them three working days. Molefi posted to X, expressing her anger towards their response.

“Their response is even more disgusting. The people they are saying will investigate and provide feedback were already in copy of all communication and I have sent them screenshots. Now we must wait another 3 days, not even for the money but for their feedback”.

Molefi and Old Mutual exchanged a number of emails, which were shared on Molefi’s X account. Eventually, the company issued a statement on X. They stated that the situation was delicate and concerned the financial matters of two people. The corporation further stated that they will meet with Molefi to resolve the issue because they did not want to discuss the matter in public.

Molefi announced on X that a meeting will be held with several prominent Old Mutual members. The scheduled meeting is for March 12.

Facebook Comments

.
  • Iran Assures South Africa of Safe Passage Through Strait of Hormuz
  • One Twin Dies After Groundbreaking Separation Surgery in Limpopo
  • Jacob Zuma Slams Leak Amid Appeal Over Khampepe Recusal
  • Planned Water Outages to Affect Multiple Areas Next Week
TAGGED:FinanceOld MutualX
Share This Article
Email Copy Link Print
ByGrace Thaba
With a strong focus on sport and a passion for storytelling that captures both the game and the people behind it, Grace Thaba brings depth and heart to her work at Townpress. While sport remains her main beat, she isn’t afraid to step beyond the sidelines to uncover wider narratives that deserve to be seen and heard—making her a well-rounded journalist with range and intent.
Previous Article NSFAS reports rising concerns despite “seamless” February payments
Next Article The University of Pretoria (UP) has settled R400 million worth of unallocated funds to the NSFAS
Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Newsletter Subscription

Subscribe to our newsletter to get our newest articles instantly!

    FacebookLike
    XFollow
    YoutubeSubscribe
    MediumFollow
    RSS FeedFollow

    Top News

    World

    Iran Assures South Africa of Safe Passage Through Strait of Hormuz

    April 3, 2026
    Health

    One Twin Dies After Groundbreaking Separation Surgery in Limpopo

    April 3, 2026
    Politics

    Jacob Zuma Slams Leak Amid Appeal Over Khampepe Recusal

    April 3, 2026
    notices

    Planned Water Outages to Affect Multiple Areas Next Week

    April 3, 2026
    Top News
    Police appeal for help to find missing couple
    Community
    Illicit Alcohol Under Scrutiny as Compliance Checks Intensify
    Community
    Henke Pistorius Breaks Silence on Son’s Character and New Venture
    Right now
    Three Bodies, One Grave: Ncumisa Selani’s Secret Murders Shocked Pretoria
    Community
    Private School Shock: King David Victory Park Closure Resurfaces in 2026
    Community
    Reality TV Star Mel Viljoen Claims She Acted Alone In US Retail Theft Case
    Trending

    You May also Like

    Finance

    ‘SA’s ratings outlook has improved’

    March 2, 2017
    Finance

    Grant Beneficiaries: Major Increases Confirmed in 2025 Budget Speech

    March 12, 2025
    FinanceMarkets

    Rand snaps 3-day losing streak, stocks down

    December 20, 2017
    Finance

    ANC Supports ActionSA’s Proposal to Scrap VAT Increase

    April 1, 2025
    Show More
    • More News:
    • ANC
    • Cyril Ramaphosa
    • eskom
    • facebook
    • twitter
    • SAPS
    • President Cyril Ramaphosa
    • Gauteng
    • DA
    • Nigeria
    • Johannesburg
    • South Africa
    • zimbabwe
    • jacob zuma
    • EFF
    • Covid-19
    • KwaZulu-Natal
    • State capture
    • cape town
    • Hawks
    Townpress Newspaper

    Indigenous Newspaper created to embolden the township ideals of sharing information and connecting people to grassroots content locally and around the world. We believe communal stories are relevant, so we created the platform to tell the stories of real south africans, people you know.

    Facebook X-twitter Linkedin Youtube Medium Rss

    About Company

    • Contact Us
    • Advertise with US
    • Privacy Policy – T&C
    • Cookie Policy
    • Comments Policy
    • Submit a Tip
    Subscribe Now for Real-time Updates on the Latest Stories!
    © 2014 - 2026 Townpress Newspaper, South Africa - Townpress logo & associated media rights are the intellectual property of Townpress Newspaper. All Rights Reserved
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}
    Welcome to Townpress
    Username or Email Address
    Password

    Lost your password?