First Mutual Holdings disputes auditors forensic report
Staff writer
FIRST Mutual Holdings Limited (FMHL) says it is not in agreement with the findings in the BDO Chartered Accountants report and in the regulator’s Corrective Order and thus has instituted legal proceedings to protect its legal rights.
The Insurance and Pensions Commission (Ipec) last month issued an FML with an order for corrective
FMHL shareholders further notified of the pending mandatory offer
Staff Writer
Harare, CBZ Holdings (CBZH) says it is still determining a fair price to complete the transaction in which it is in the process of acquiring a 36,35% stake in First Mutual Holdings (FMHL).
In a cautionary statement, group chief governance officer Rumbidzai Jakanani said CBZH is still in the
Zimre Holdings and First Mutual Holdings emerge as the top ZSE performers in 2023
Staff writer
Insurance companies Zimre Holdings Limited (ZHL) and First Mutual Holdings Limited (FML) emerged as the top performers on the Zimbabwe Stock Exchange in 2023, recording a US$ annual return of 414% and 358%, respectively.
This is ahead of the 21% average return for the stock market