CBZ Holdings, currently trading under cautionary, has secured a 31.22% stake in First Mutual Holdings Limited (FML), paving the way for the creation of a US$2.5 billion financial behemoth to rival Old Mutual Zimbabwe, a leading diversified financial services group in the country for over 100 y...
According to Mr Mudavanhu, the group would fulfill all steps required and there will be an offer to minorities at some point which will culminate in the de-listing of FMHL from the Zimbabwe Stock Exchange. Commenting on the impact of the transaction on staff, Mr Holtzman said the group ha...