Browsing Tag

First Mutual

First Mutual Holdings postpones AGM amid investigations into law breaking

Dec 7, 2022 23,483

First Mutual Holdings Limited (FMHL) has suspended its Annual General Meeting (AGM) pending a forensic audit into allegations that the organisation defied the law on separation of insurance and pension businesses.
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Business

‘Greedy’ insurance companies yet to pay back US$5,86 billion to Zimbabweans

Sep 30, 2022 42,829

'Greedy' insurance companies like Old Mutual and First Mutual are yet to pay back US$5,86 billion they took from Zimbabweans due to weak regulatory framework by the Insurance Pension Commission of Zimbabwe (IPEC) and inflation over ten…
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Crimes & Courts

Biti rekindles $15 million insurance claim

Nov 20, 2019 20,405

MDC vice-president Tendai Biti has rekindled his $15 million retirement claim against First Mutual Holdings Limited (FMH) after the insurance company said it would only pay him less than what was agreed upon reaching the retirement age of…
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Crimes & Courts

Woman uses fake certificate for 11 years

Feb 13, 2018 33,036

A Harare woman was slapped with a four months’ prison term after she was found guilty of using fake Ordinary Level certificates and worked as an insurance agent at a local insurance firm for 11 years.
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