Search results for 'First Mutual Holdings'
Zimbabwe
Riding the Hyperinflationary Storm: First Mutual Delivers Solid Q1’FY23 Performance

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

May 30, 2023
Companies
CBZ Seals Merger Deal with FML

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

Sep 06, 2023
Companies
First Mutual Reports Half-Year Loss of US$33.69 Million

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

Sep 23, 2024
Companies
CBZ-FML Acquisition Crumble: Competition and Tariff Commission Ruling Halts Deal

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

Dec 10, 2024

Top Stories

Agriculture Recovery Lifts CFI Holdings’ Q3 Revenue Nearly 10%

Diversified agricultural conglomerate, CFI Holdings Ltd, has posted a solid set of results for the third quarter ended 30 June 2025, buoyed by a rebound in Zimbabwe’s agricultural sector and resilient

6 hours ago

Zimbabwe Maintains August Fuel Prices  as Global Costs Set to Decline

Zimbabwe has maintained its petrol and diesel prices for August, holding steady at US$1.56 per litre and US$1.55 per litre, respectively, according to the latest monthly fuel update from the Zimbabwe

1 day ago

OK Zimbabwe Raises US$20m, Boosts US$30m Turnaround Plan

OK Zimbabwe Limited, the country’s largest supermarket chain by store count, has successfully raised US$20 million through a fully subscribed renounceable rights offer, according to the latest circula

1 day ago

Nampak Zimbabwe Benefits from Record-Breaking Tobacco Season

NamPak Zimbabwe Limited, a leading packaging firm listed on the Zimbabwe Stock Exchange (ZSE) is banking on Zimbabwe’s record-breaking 2025 tobacco marketing season to steady operations in a challengi

1 day ago

Gold's Performance in July: Balancing Gains and Challenges

Gold prices rose 0.3% in July 2025, closing at US$3,299 per ounce, driven by tariff-led inflation expectations and geopolitical risks, per the Gold Return Attribution Model (GRAM). A stronger US doll

1 day ago

Nampak’s Q3 Struggles, Financial Analysis: Can Festive Demand Spark FY25 Recovery?

ampak Zimbabwe Limited, the country’s largest packaging firm, reported a challenging third quarter ending 30 June 2025, driven by heightened competition amid growth in informalization and persistent p

Aug 13, 2025

RBZ’s 2025 Mid-Term Monetary Policy Reveal: Analysis of Key Policies

The Reserve Bank of Zimbabwe (RBZ) has released its 2025 Mid-Term Monetary Policy Statement, themed "Walking the Talk and Staying the Course to Durably Anchor and Consolidate Stability," highlighting

Aug 13, 2025

ZiG Weekly Review: Supplier Payment Delays, Budget Underutilisation Threaten ZiG’s Long-Term Stability

The Zimbabwe Gold (ZiG) closed the week ended 8 August 2025 at an exchange rate of 26.7605 against the USD, reflecting a marginal appreciation from 26.7369 the previous day and aligning with the rate

Aug 08, 2025