In the face of persistent macroeconomic instability and hyperinflation in Zimbabwe, First Mutual Holdings Limited was able to navigate treacherous waters to deliver a robust set of results for the qua

CBZ Holdings and First Mutual Holdings Limited have entered into a merger, with CBZ acquiring a 36% stake in FMHL. This merger marks a significant milestone between the bank and insurance company, as

First Mutual Holdings Limited (FMHL) concluded the first half of 2024 with a significant loss of $33.69 million, a contrast to the $56 million profit reported in the same period last year. This downt

The Competition and Tariff Commission (CTC) has issued a ruling against CBZ Holdings' proposed acquisition of additional shares in First Mutual Holdings (FML). This decision follows CBZ's purchase of

First Mutual Holdings Limited (FMHL) has staged strong turnaround, posting a profit after tax of US$6.2 million for the half year ended 30 June 2025, reversing a US$32.7 million loss recorded during t

The Morgan & Co Multi-Sector Exchange Traded Fund has ended 2025 with a Net Asset Value of ZWG 24.18 million, down from ZWG 75.25 million twelve months earlier. That was a 68% collapse in fund size wi

First Mutual Properties Limited is set to delist from the Zimbabwe Stock Exchange on 1 July 2026, with majority shareholder First Mutual Holdings Limited offering minority shareholders US$0.033 per sh

First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven

First Mutual Properties Limited, one of the only purely property-focused listed entity on the Zimbabwe Stock Exchange, has voted itself off the exchange. At an Extraordinary General Meeting held on T

First Mutual Properties Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange effective 2 July 2026, moving a US$140.07 million property platform into an unlisted structure bui

First Mutual Holdings has recorded a 222% increase in first-half profit, which also conceals a weaker performance from its core insurance operation, with investment returns and property revaluations p

The property portfolio reached US$150.0 million at June 2026, equivalent to about 49% of the group’s US$306.0 million asset base. Property values increased from US$139.7 million at December, supported

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance