Search results for 'First Mutual Properties'
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss

First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a

Sep 25, 2024
Companies
First Mutual Properties Stuns with $57.2M FY2024 Loss, Yet Revenue Rockets 31%

First Mutual Properties Holdings Limited, a real estate investment and property development company listed on the Zimbabwe Stock Exchange (ZSE), has recorded a US$57.2 million loss for the full year e

May 05, 2025
Companies
First Mutual Properties Swings to US$1.4m Profit in HY25, Erases US$60m Loss

First Mutual Properties Limited (FMP), the Zimbabwe Stock Exchange–listed real estate investment and development group, has achieved one of the sharpest earnings reversals on the bourse, swinging from

Sep 23, 2025

Top Stories

ZiG Sustains Momentum: Gold Rally, IMF Optimism Fuel Resilience

The Zimbabwe Gold (ZiG) currency is exhibiting a modest resilience this week in the formal market, appreciating by 0.04% against the US dollar last week. This slight gain aligns with broader stabilisa

1 hour ago

U.S-China Deal Shakes Gold: Golden Correction or New Dawn?

Gold’s 2025 journey has been a rollercoaster, soaring to unprecedented heights before a dramatic plunge that has left investors questioning its next move. As of October 28, 2025, spot gold prices edge

2 hours ago

Government Approves Private Players in Electricity Retail and Distribution

The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to allow private companies to sell and distribute e

20 hours ago

The IMF’s Rosy Projections for Zimbabwe: A Facade of Stability?

he International Monetary Fund’s (IMF) latest economic projections for Zimbabwe, as outlined in its October 2025 Regional Economic Outlook for Sub-Saharan Africa, paint an ostensibly bright picture fo

1 day ago

Zimbabwe Reverses Maize Import Ban After a ‘’Fictitious’’ Bumper Harvest Claim

Zimbabwe has reversed its maize import ban just two months after imposing it, a move prompted by a sharp downward revision in the country’s 2024/25 harvest forecast and growing concerns over food secu

Oct 24, 2025

Gold Falls in Biggest Slump Since 2019 as Trade Tensions Ease

Gold bullion prices plummeted by 6.3% on October 22, 2025, dropping from $4,381 to $4,082 per ounce, marking the steepest single-day decline since 2019 and halting a torrid rally that had driven the m

Oct 22, 2025

Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges

President  Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h

Oct 21, 2025

ZANU PF's People's Conference Resolutions: Economic Implications of Key Reforms

On October 18, 2025, the ZANU PF Annual National People's Conference in Mutare concluded with a series of resolutions aimed at accelerating Zimbabwe's Vision 2030 agenda of achieving upper-middle-inc

Oct 21, 2025