The directors of Tristar Insurance Company Limited (Tristar), a short-term insurance unit of First Mutual Holdings Limited (FML), have passed a resolution to seek the approval of the Minister of Finan...
By Staff reporter | Published: 21 September 2018
Shareholders of Zimbabwe Stock Exchange (ZSE) listed short-term insurer NicozDiamond Insurance Limited (NDIL) have approved a proposal for a scheme of arrangement which will see First Mutual Holdings ...
By Staff reporter | Published: 03 July 2018
LISTED short-term insurer, NicozDiamond Insurance Limited, will be delisted from the Zimbabwe Stock Exchange as First Mutual Holdings Limited (FMHL) assumes 100 percent ownership.FMHL, which recently ...
By Staff reporter | Published: 11 June 2018
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
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
Financial services group, ZIMRE Holdings, will soon start refurbishment works on its Nicoz House building in Selbourne Park, Bulawayo, which is being turned into living quarters for tertiary students....
By Staff reporter | Published: 10 April 2018
The Board of MMI Holdings has announced that Nicolaas Kruger will be stepping down as CEO of MMI Holdings with effect from 15 February 2018. This decision comes after a few months of discussions betw...
By MMI | Published: 17 January 2018
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
ZIMBABWE's biggest short-term insurer, NicozDiamond, says its gross premium written for eight months to August 2017 surged 6 percent to $30 million driven by business generated from new channels.Gener...
By Staff reporter | Published: 02 October 2017
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
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
Zimre Property Investment (ZPI) will soon be going to tender for the refurbishment of Nicoz House Bulawayo into a student accommodation facility that will offer 94 beds, managing director Edson Muving...
By Staff reporter | Published: 29 August 2017
NICOZ DIAMOND Insurance Limited saw its profit after tax declining by 0,5% to $1,2 million in the six months ended June 30, 2017 after the group incurred retrenchment costs at its unit in Malawi.In th...
By Staff reporter | Published: 28 August 2017
Financial Highlights:– Earned premium $ 13,082,928– Total revenue $ 13,786,577– Operating profit $ 1,559,926– Profit before tax $ 2,098,938– Profit for the period $ 1,204,110– Dividend Nil...
By NICO | Published: 27 August 2017
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
The JSE was dragged into the red by British American Tobacco and Reinet which hold a large investment in British American Tobacco.The move occurred late in the local session after the US Food and Drug...
By Staff reporter | Published: 29 July 2017
The Board of Directors of NicozDiamond Insurance Limited ("NDIL") advises shareholders and other stakeholders that it has been informed by its major shareholder of the intention to dispose of its inte...
By NICO | Published: 05 July 2017
NicozDiamond Insurance Limited announced the results of the mandatory offer to minority shareholders by the National Social Security Authority ("NSSA") which closed on 24 April 2017…
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By A | Published: 05 July 2017
Notice is hereby given that the 15th Annual General Meeting of the shareholders of NICOZDIAMOND Insurance Limited will be held at the NICOZDIAMOND Auditorium, 7th Floor Insurance Centre, 30 Samora Mac...
By A | Published: 05 July 2017
Details:- Shares before : 566 764 773- Shares added : 23 249 965- New shares in issue : 590 014 738- Effective date : 25 April 2017- Reason : Share Option Scheme...
By A | Published: 05 July 2017
Details:- Date Announced :Wednesday, 29 March 2017- Dividend declared for the period :31 December 2016- Dividend Amount per share :0.074 US cents- Dividend Record Date :13 April 2017- Last day to trad...
By A | Published: 05 July 2017
NicozDiamond Insurance Limited published an abridged circular to shareholders relating to the mandatory offer by the National Social Security Authority ("NSSA") to buy out minorities for a cash consid...
By A | Published: 05 July 2017
Financial Highlights:- Net interest income $ 22 785 072- Revenue $ 38 707 476- Profit before taxation $ 6 208 904- Profit for the period $ 5 058 166- Dividend Nil- Total comprehensive income for the y...
By A | Published: 05 July 2017
Financial Highlights:- Total Revenue $ 25 358 870- Operating profit $ 1 072 998- Profit before tax $ 1 351 818- Profit for the period from continuing operations $ 959 798- Profit for the year from con...
By A | Published: 05 July 2017
Details:The company published the first cautionary on the 7th of December 2016 relating to the acquisition of further shareholding in the company by the National Social Security Authority (NSSA). Sect...
By A | Published: 05 July 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
