FIRST MUTUAL WEALTH THIRD QUARTER 2020 ECONOMIC & INVESTMENT MARKETS OVERVIEW Global Economic Developments The COVID-19 pandemic has had a significant downward impact on GDP growth estimates for 2020. Whilst there is no empirically sound method of accounting for the numeric losses to GDP, it is agreed that the impact has been severe as 2020 …
FMW Third Quarter Investment Markets Overview 2020 Read More »
Economic Overview -Zimbabwe Y-o-Y inflation was 737.3% as of 30 June 2020 mainly driven by exchange rate depreciation and the re-alignment of prices to the exchange rate. Y-O-Y inflation started declining and was 659.4 % at 30 September 2020. Average returns on money market investments stood at 11% (HY 2019: 8%) compared to average annual …
The property market is characterized by: CBD office and specialized industrial sectors remain worst affected, retail and office parks demand remains strong Periodic repricing of rentals in line with exchange rate movements and inflation High demand for properties to acquire Increased owner-occupied developments Aging stock with limited new productThe property market is characterized by: CBD …
First Mutual Properties Analyst Briefing Presentation Read More »
Introduction of a Foreign Exchange Auction Trading System – The RBZ released a press statement concerning the establishment of the Foreign Exchange Auction Trading System to be operational with effect from 23 June 2020. Bidding Timelines – The Auction will be conducted once every week on Tuesdays. Where the Auction date falls on a public …
First Mutual Holdings Limited partnered the National Association of Secondary Heads (NASH) for the Harare Provincial Athletics Competition as the main sponsor for the 3rd year in running as part of the group’s community relations programme. This exciting event was held on Friday 9 March at Eaglesvale Senior School where Harare’s finest high school sportspersons in …
HARARE METROPOLITAN PROVINCE NASH ATHELETICS COMPETITON 2018 – POWERED BY FIRST MUTUAL Read More »
Following the COVID-19 pandemic which has been declared state of emergency by the government and affecting the entire globe, The First Mutual Group subsidiaries have responded to the call and is complementing the government’s and other corporate organisations efforts in this fight by making a contribution of ZWL$750 000.00 towards food support packs aimed at vulnerable …
FIRST MUTUAL ASSISTS VULNERABLE COMMUNITIES DURING COVID 19 LOCKDOWN Read More »
The day was lovingly organised by the First Mutual Holdings Limited Employee Social Responsibility Committee at the Large City Hall Car Park in Bulawayo. A healthy flow of traffic was created with citizens moving from the health checks,donating blood with the National Blood Service Zimbabwe while also visiting the NSSA and Childline Zimbabwe stands. We …
KINGS & QUEENS SOCIAL RESPONSIBILITY DAY BROUGHT TO YOU BY FIRST MUTUAL HOLDINGS LIMITE Read More »
First Mutual Holdings Limited as part of its group Corporate Social Responsibility collaborated with World Education Incorporated/Bantwana, WEI/B three years ago to launch the First Mutual Foundation whose objective is to offer education assistance to children from economically challenged backgrounds. “Our brand ethos is bringing economic dignity to our stakeholders and all our valued clients. …
First Mutual Holdings Limited as part of its group Corporate Social Responsibility Programme initiative is adopting the First Mutual Foundation, to offer education assistance to children from economically challenged backgrounds. The foundation assists selected children ranging from primary school through to university level, though there will be a deliberate emphasis at university level on students …
FIRST MUTUAL FOUNDATION GIVES $26 000 TO EDUCATION Read More »
The National Association of Secondary Heads (NASH) partnered First Mutual for the Harare Province athletics competition held on Friday 17 March 2017 at Eaglesvale School, Harare. Approximately 300 athletes from the 7 districts in Harare where Harare’s finest high school sportspersons in athletics sweated it out to qualify for the NASH National Competition to be …
HARARE METROPOLITAN PROVINCE NASH ATHELETICS COMPETITION – POWERED BY FIRST MUTUAL Read More »
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