First Mutual Holdings Limited releases 2019 Annual report

July 8th, 2020|

Chairman’s Statement ECONOMIC OVERVIEW The Zimbabwe economy is estimated to have contracted by 7% in 2019 (2018:+4% growth) due to subdued performance in the key sectors of agriculture, mining and manufacturing. Agricultural output shrank due to the drought in the 2018-2019 season and Cyclone Idai in March 2019. Despite recovery in global mineral prices, mining [...]

First Mutual Holdings notice to shareholders: Postponement of Annual General Meeting

June 26th, 2020|

Shareholders are advised that the Annual General Meeting scheduled for Tuesday, 30 June 2020 at 11.30 hours has been postponed. This is to allow the independent auditors to complete their final review of the annual report. It is also necessary to afford shareholders enough time to go through the annual report in preparation for the [...]

First Mutual Holdings Notice of the 17th Annual General Meeting

June 9th, 2020|

NOTICE IS HEREBY GIVEN that the seventeenth Annual General Meeting of First Mutual Holdings Limited is to be held at Ground Floor, First Mutual Park, 100 Borrowdale Road, Borrowdale, Harare on Tuesday 30 June 2020 at 11.30 for the purpose of transacting the business set out in this AGM Notice. In light of the COVID-19 [...]

First Mutual Holdings Limited declares a ZWL0.55 cents dividend

May 18th, 2020|

The Board resolved that a final dividend of ZWL0.35 cents per share be declared in respect of all ordinary shares of the Company, bringing the total dividend for the year ended 31 December 2019 to ZWL0.55 cents per share. The dividend will be payable on or about 12 June 2020 to all shareholders of the [...]

FMHL | FY2019 Audited abridged financial results

May 18th, 2020|

CHAIRMAN’S STATEMENT ECONOMIC OVERVIEW The Zimbabwe economy is estimated to have contracted by 7% in 2019 (2018:+4% growth) due to subdued performance in the key sectors of agriculture, mining and manufacturing. Agricultural output shrank due to the drought in the 2018-2019 season and Cyclone Idai in March 2019. Despite recovery in global mineral prices, mining [...]