Old Mutual barred Peter Moyo from resuming his duties as CEO on Monday, days after a court again reinstated him to his position, in an escalation of a public slinging match that has weighed on the insurer’s share price and reputation.

Moyo, who was fired in June over a breakdown in trust and alleged conflict of interest, was attempting to work in the wake of a court order upholding his reinstatement as CEO that was handed down by judge Brian Mashile on Friday...

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