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Why invest in First Mutual Holdings limited?
A Future-Fit Financial Services Group Anchored in Resilience and Growth
First Mutual Holdings Limited is a regionally diversified financial services group offering exposure to high-growth sectors including insurance, reinsurance, property, microfinance and wealth management. With a strong presence in Zimbabwe and expanding operations in Southern Africa, FMHL combines innovation, ESG leadership and sound governance to deliver long-term value for shareholders. Our integrated model balances risk and opportunity, and positions the Group to thrive in evolving economic and regulatory landscapes.
Performance Highlights
2024 Annual Report
During the year under review, the proportion of Group revenue in foreign currency increased from 74% to 84%, indicating client preference for insurance covers and other products in foreign currency.
Insurance Service Result (US$)
27.1 million
2023: 23.8 million
14%
Profit After Tax (US$)
-27.1 million
2023: 58.7 million
146%
Total Assets (US$)
256.8 million
2023: 287.0 million
11%