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
FML launches LAND-BACKED SAVINGS PLAN
FIRST Mutual Life (FML) has launched a land-backed savings product as the insurer moves to offer value-driven savings options in an environment challenged by inflation.
By Business Reporter
Jul. 21, 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
FMP rental collection rate declines
Management has intensified tenant engagement to recover arrears while diversifying its portfolio to reduce reliance on struggling payers.
By Tatira Zwinoira
May. 9, 2025
First Mutual Properties records US$57,28m loss in FY24
Last year, FMP had an independent valuation of its property by realtor Knight Frank Zimbabwe, which reduced the company’s investment portfolio by 26,04%.
By Tafadzwa Mhlanga
May. 6, 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
Premium
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
Magistrate dismisses AMH editors’ bid to stop prosecution without AG’s certificate
Local News
By Julia Ndlela
Sep. 12, 2025