FINANCIAL SERVICES

FML profit up 35%

Insurance giant First Mutual Holdings Limited (FMHL) recorded a 35 percent jump in profit after tax to $5 million in the five months to May 2018, compared to $3,7 million achieved in the same period l...

By Staff reporter | Published: 13 June 2018

CONSTRUCTION & PROPERTY

Occupancy levels at First Mutual Properties recover

FIRST Mutual Properties (FMP) revenue for the first four months of the year to April increased significantly compared to the same period last year.The company attributed the increase to a growth of oc...

By Staff reporter | Published: 07 June 2018

FINANCIAL SERVICES

FML seeks 100% of NicozDiamond

First Mutual Holdings Limited (FMHL) will increase its stake in NicozDimond Insurance Limited (NDIL) to 100 percent if shareholders approve the proposal at a meeting to be held at the end of this mont...

By Staff reporter | Published: 07 June 2018

FINANCIAL SERVICES

FML declared a dividend of 0.15cps

THE First Mutual Life the board today declared a dividend of 0.15 cents per share for the year ended 31 December 2017 payable in respect of all the ordinary shares of the company. According to the com...

By Staff reporter | Published: 05 April 2018

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:- Shares before : 479 771 665- Shares added : 210 371 395- New shares in issue : 690 143 060- Effective date : 16 October 2017- Reason : Rights Offer Shares...

By FML | Published: 29 November 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:- Shares before : 478 116 807- Shares added : 1 654 858- New shares in issue : 479 771 665- Effective date : 10 October 2017- Reason : Share Option Scheme...

By FML | Published: 29 November 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:- Shares before : 383 012 337- Shares added : 95 104 470- New shares in issue : 478 116 807- Effective date : 8 September 2017- Reason : Conditional allotment to NSSA...

By FML | Published: 29 November 2017

ANNOUNCEMENTS

FML.zw | Results of Renounceable Rights Offer

Shareholders are advised that the results of the Rights Offer made to members who were registered in the books of the Company as at close of business on 8 September 2017 that closed on 6 October 2017 ...

By FML | Published: 29 November 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:– Shares before : 383 012 337– Shares added : 95 104 470– New shares in issue : 478 116 807– Effective date : 8 September 2017– Reason : Conditional allotment to NSSA...

By FML | Published: 18 October 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:– Shares before : 478 116 807– Shares added : 1 654 858– New shares in issue : 479 771 665– Effective date : 10 October 2017– Reason : Share Option Scheme...

By FML | Published: 18 October 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:– Shares before : 479 771 665– Shares added : 210 371 395– New shares in issue : 690 143 060– Effective date : 16 October 2017– Reason : Rights Offer Shares...

By FML | Published: 18 October 2017

ANNOUNCEMENTS

FML.zw | Results of Renounceable Rights Offer

Shareholders are advised that the results of the Rights Offer made to members who were registered in the books of the Company as at close of business on 8 September 2017 that closed on 6 October 2017 ...

By FML | Published: 16 October 2017

FINANCIAL SERVICES

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

ANNOUNCEMENTS

FML.zw | Notice to Shareholders

Following the approval of the rights offer by shareholders at an EGM held on 31 August 2017, shareholders are advised to visit or contact First Transfer Secretaries (Private) Limited, or First Mutual ...

By FML | Published: 14 September 2017

LATEST PUBLISHED REPORTS

FML.zw | Unaudited Financial Results HY17

Financial Highlights:– Total income $ 73 132 000– Profit before income tax $ 4 880 000– Profit for the period $ 4 284 000– Dividend Nil– Total comprehensive income for the period $ 4 367 000...

By FML | Published: 14 September 2017

FINANCIAL SERVICES

FML sees balance sheet growth

FIRST Mutual Holdings Limited (FML) has said shareholder assent for the acquisition of NicozDiamond has poised the company to bolster its balance sheet to nearly $300 million by year end.Speaking to T...

By Staff reporter | Published: 07 September 2017

FINANCIAL SERVICES

Insurers embrace partnerships

ZIMBABWE'S insurance firms are rapidly realising that they will need to strategically partner with deep-pocketed and innovative players in the industry to stay relevant in an increasingly digital envi...

By Staff reporter | Published: 07 September 2017

FINANCIAL SERVICES

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

FINANCIAL SERVICES

FML shareholders okay NicozDiamond takeover

FIRST Mutual shareholders have approved directors' proposals to the entire issued share capital of Zimbabwe's biggest short term insurer, NicozDiamond.FML will now acquire from its anchor Shareholder,...

By Staff reporter | Published: 04 September 2017

ANNOUNCEMENTS

FML.zw | Results of Extraordinary General Meeting

Shareholders are advised that all resolutions put to the vote at the Extraordinary General Meeting of the Company held on 31 August 2017 were passed with the requisite majorities. ...

By FML | Published: 04 September 2017

ANNOUNCEMENTS

FML.zw | Notice of Extraordinary General Meeting and Circular to Shareholders

NOTICE IS HEREBY GIVEN THAT the Extraordinary General Meeting of members of First Mutual Holdings Limited ("the Company") will be held at Royal Harare Golf Club, Harare, on Thursday, 31 August 2017, ...

By FML | Published: 10 August 2017

ANNOUNCEMENTS

FML.zw | Cautionary Statement

The Directors of First Mutual Holdings Limited ("FMHL") wish to advise shareholders and other stakeholders that the Company is contemplating the acquisition of a controlling interest in a company in t...

By FML | Published: 05 July 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:- Shares before : 382 092 761- Shares added : 919 576- New shares in issue : 383 012 337- Effective date : 24 May 2017- Reason : Share Option Scheme...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:- Shares before : 380 756 740- Shares added : 1 336 021- New shares in issue : 382 092 761- Effective date : 19 May 2017- Reason : Share Option...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FML.zw | Increase in shares in issue

Details:- Shares before : 380 200 759- Shares added : 555 981- New shares in issue : 380 756 740- Effective date : 5 May 2017- Reason : Share Option Scheme...

By A | Published: 05 July 2017
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