Scepticism stifling Zim’s pensions sector, FMHL CEO states

Contributions at First Mutual Life stood at around US$6 million for the first half of the year.
By Melody Chikono Oct. 3, 2025

First Mutual Life Holdings Limited: HY25 performance and outlook

Since its listing on the Zimbabwe Stock Exchange in 2003, FMHL has grown into one of the most prominent players in Zimbabwe’s insurance and investment sectors
By Kudakwashe Taimo Sep. 26, 2025

First Mutual eyes Botswana health business

The group has invested over US$450 000 in the Botswana venture, with key personnel already in place.
By Melody Chikono Aug. 15, 2025

First Mutual to list gold ETF

On the sidelines of the AGM, First Mutual Wealth general manager Thomas Mutswiti said from an ETF perspective, the firm considered the fact that local investors would want to hedge
By Melody Chikono Jul. 31, 2025

FHML takes massive US$27,11m loss in FY24

The value of total assets fell nearly 11% during the period under review to US$256,8 million from the prior year owing to fewer gains on investment property.
By Concilia Mupezeni Jul. 2, 2025
Premium

First Mutual’s US$4 million share deal under scrutiny

The exchange rate at the time of the deal in 2019 was US$1:ZW$1, which translated to US$4 million.
By Mthandazo Nyoni Mar. 14, 2025
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Inside abandoned mega acquisitions...regulator explains tough stance on CBZ, ZB, FMHL deals

The measure was designed to prevent anti-competitive practices stemming from increased market concentration.
By Mthandazo Nyoni Mar. 7, 2025

CTC blocks CBZ from upping FMHL’s stake

In a statement yesterday, CBZ Holdings said it “will no longer be proceeding with the mandatory offer to the minority shareholders in First Mutual Holdings Limited.”
By Tatira Zwinoira Dec. 10, 2024

First Mutual sees red in 2024 H1

The loss was from a profit after tax of US$56,32 million over the 2023 comparative period.
By Ashton Ndakusiya Sep. 24, 2024