General

First Mutual Holdings Limited partnered the National Association of Secondary Heads (NASH) for the Harare Provincial Athletics Competition as the main sponsor for the 3rd year in running as part of the group’s community relations programme.   This exciting event was held on Friday 9 March at Eaglesvale Senior School where Harare’s finest high school …

HARARE METROPOLITAN PROVINCE NASH ATHELETICS COMPETITON – POWERED BY FIRST MUTUAL Read More »

FIRST Mutual Holdings Limited (FMHL) reported a 63 percent increase in after tax profit in the six months to June from $2,6 million last year to $4,3 million driven by high returns from investment securities. FMHL chief executive, Douglas Hoto told analysts on Wednesday that the stock market rally had significantly contributed to the group’s …

FMHL half year profits up 63 percent to $4,3 million Read More »

First Mutual Holdings’ subsidiary Pearl Properties Limited has changed name to First Mutual Properties (FMP) as part of the group’s rebranding strategy. FMP, which is due to announce its 2017 interims on Wednesday afternoon, is separately listed on the Zimbabwe Stock Exchange (ZSE) and the listing has since been amended. “Shareholders are advised that the …

PEARL PROPERTIES REBRANDS TO FIRST MUTUAL PROPERTIES Read More »

Corporate Social Responsibility (CSR) has become an integral business practice globally and the First Mutual group has demonstrated this through the launch of the First Mutual Scholarship Fund with Reformed Church University.   The main objective of the RCU First Mutual Scholarship fund is an added opportunity for the expansion of the First Mutual Foundation …

FIRST MUTUAL LAUNCHES A SCHOLARSHIP FUND WITH REFORMED CHURCH UNIVERSITY Read More »

The month of October is renowned for breast cancer awareness and a global annual campaign is held to raise awareness on the importance of early detection.  As a responsible corporate citizen, the First Mutual Holdings Limited group joined other organisations and individuals worldwide to support breast cancer awareness through a “Pink Friday” campaign where employees …

FIRST MUTUAL EMPLOYEES DONATES TO THE CANCER ASSOCIATION Read More »

First Mutual Holdings Limited employees have launched an Employee Corporate Social Responsibility Programme through a clean- up campaign conducted at the Charge Office Bus Terminus in Harare.   The Employee Corporate Social Responsibility Programme is driven by volunteers amongst staff members who are giving back to the community and many activities have been lined up …

FIRST MUTUAL EMPLOYEES IN THE COMMUNITY Read More »

First Mutual Holdings Limited (FMHL) has made a decision to unbundle its entire stake in its actuarial consultancy business, African Actuarial Consultants (AAC). The transaction creates a leading, independent actuarial consultancy firm that is poised to grow in the Africa market. AAC has been sold to Frankmash Enterprises (Private) Limited, a company owned by Mr …

FIRST MUTUAL HOLDINGS LIMITED UNBUNDLES AFRICAN ACTUARIAL CONSULTANTS Read More »

FIRST Mutual Holdings Limited has revealed that gross premium income for the half year to June rose by 16 percent to US$52,2 million due to improved operating environment. Life assurance and medical insurance business contributed us$33,7 million from US$29,6 million whilst short term insurance and reinsurance business contributed US$18,5 million from US$29,6 million. The short …

Improving economy lifts First Mutual Read More »