CBZ bid for more shares in First Mutual awaits regulatory approval

HARARE – The wait continues for minority shareholders in First Mutual Holdings Limited (FMHL) as CBZ Holdings Limited (CBZHL) seeks regulatory approval to acquire additional shares. While CBZHL finalised the purchase of a controlling stake in FMHL from the National Social Security Authority (NSSA) in September 2023, Zimbabwe Stock Exchange (ZSE) regulations require them to…

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