FMHL to set up reinsurance holding firm in Botswana

ZIMBABWE Stock Exchange-listed First Mutual Holdings Limited (FMHL) will establish a reinsurance holding company in Botswana as it moves to restructure its business and maximise on initiatives to rais...

By Staff reporter | Published: 14 September 2018


FMHL, NicozDiamond deal approved

The Competition and Tariff Commission (CTC) has approved a deal that would see First Mutual Holdings Limited (FMHL) acquiring NicozDiamond Insurance Ltd total issued share capital.The merger with Tris...

By Staff reporter | Published: 13 April 2018

ANNOUNCEMENTS | Update on Transaction to Acquire NicozDiamond Insurance

Details:Shareholders are advised that First Mutual Holdings Limited ("FMHL") has received regulatory approval for the acquisition of the entire issued share capital of NicozDiamond Insurance Limited (...

By FMHL | Published: 07 December 2017

ANNOUNCEMENTS | Announcement to Shareholders

Details:The Board of Directors of First Mutual Holdings Limited (FMHL) advises shareholders and stakeholders that following negotiations between FMHL and National Social Security Authority (NSSA), a ...

By FMHL | Published: 03 October 2017


FMHL's RTG equity sale to boost its core assets

First Mutual Holdings Limited says the completion of the disposal of its 19,95 percent shareholding in Rainbow Tourism Group (RTG) to the National Social Security Authority (NSSA) will help the insura...

By Staff reporter | Published: 02 October 2017


FMHL, Nicoz deal under threat

THE acquisition of NicozDiamond by First Mutual Holdings Limited (FMHL) could collapse after a major shareholder in the shortterm insurer reportedly decided against disposing of its stake in the compa...

By Staff reporter | Published: 28 September 2017


FMHL finds buyer for RTG stake

FIRST Mutual Holdings Limited (FMHL) says it has found a buyer for its 19,8 percent stake in hotel concern, Rainbow Tourism Group (RTG), from which it has been seeking to exit for the past two years.T...

By Staff reporter | Published: 07 September 2017


FMHL to merge Nicoz Diamond, TristarInsurance

First Mutual Holdings Limited (FMHL) is planning to merge Nicoz Diamond Insurance Limited (NDIL) and TristarInsurance Company Limited if its proposed acquisition of the former goes through. The implem...

By Staff reporter | Published: 11 August 2017


NOTICE IS HEREBY GIVEN that the fourteenth AGM of the shareholders of the Company will be held at Royal Harare Golf Club, Harare, on Wednesday, 14 June 2017 at 1430 hours. ...

By A | Published: 05 July 2017


FMHL operating profits up 1 090%

Listed financial services group First Mutual Holdings Limited (FMHL)'s operating profit surged by 1 090 percent to over $1 million in the first four months to April 2015 due to cost cutting measures a...

By Staff reporter | Published: 21 June 2015


FMHL declares first dividend

First Mutual Holdings Limited (First Mutual) has declared its first dividend of $0,01 per share since dollarisation in 2009.This comes as most companies have struggled to pay dividends following adopt...

By Staff reporter | Published: 31 March 2014


FMHL in new cellphone insurance venture

Still smarting from a public spat with Zimbabwe's largest mobile telephony company Econet Wireless over the ill-fated EcoLife life assurance product, listed insurance group First Mutual Holdings Limit...

By Staff reporter | Published: 13 September 2013


Change of name from AFRE to FMHL

Shareholders are advised that the name of Africa First ReNassaince Corporation Limited (AFRE) has been changed to First Mutual Holdings Limited (FMHL). The listing on the ZSE was amended with effect f...

By Business reporter | Published: 24 July 2013

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