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
First Mutual sees red in 2024 H1
The loss was from a profit after tax of US$56,32 million over the 2023 comparative period.
By Ashton Ndakusiya
Sep. 24, 2024
First Mutual withdraws lawsuit against Ipec
In December, FML received a corrective order from Ipec based on the findings of the report conducted by BDO Chartered Accountants.
By Melody Chikono
May. 17, 2024
First Mutual opens new health facility
This brings the total number of First Mutual’s medical facilities countrywide to 14.
By Problem Masau
Mar. 22, 2024
First Mutual celebrates women’s month
The event, themed Inspire Inclusion, brought together inspiring speakers, engaging discussions and unforgettable performances to empower women.
By Problem Masau
Mar. 18, 2024
BDO Zim at the centre of yet another accounting dispute
In a latest development, FMHL disagreed with the findings in the audit report produced by BDO.
By Melody Chikono
Feb. 23, 2024
First Mutual, Ipec tiff rages on
In a cautionary statement yesterday, FMHL said it was not in agreement with the findings of the forensic auditor, BDO Chartered Accountants, which found it guilty of breaking the law.
By Melody Chikono
Feb. 20, 2024
CBZ mandatory offer nears completion
As of September 15, 2023, CBZHL’s balance sheet was valued at ZWL$6,51 trillion, translating to US$1,34 billion.
By Tatira Zwinoira
Jan. 23, 2024
Interview: Zembe spells out plans for CBZ group
The CBZ and FML merger will introduce an exciting bancassurance model both locally and regionally.
By Mthandazo Nyoni
Dec. 10, 2023
