Exclusive office parks report strong uptake as Zimbabwe CBDs ‘decay’

Masimba Holdings chairman Gregory Sebborn said refurbishment works temporarily dented rental income in the period under review, but would support future growth.
By Mthandazo Nyoni Apr. 17, 2026

First Mutual Properties weighs possible delisting from ZSE

This comes amid a movement of less than 1% in its market capitalisation on the ZSE, year to date, to US$45,74 million as of Wednesday, suggesting a subdued investor response. 
By Tatira Zwinoira Feb. 27, 2026

First Mutual Properties back in the black

FMP recorded fair value gains of US$1,4 million on its investment properties, a sharp reversal from the US$54,9 million loss posted in the prior year.
By Ruth Maseko Nov. 17, 2025

FMP rental collection rate declines

Management has intensified tenant engagement to recover arrears while diversifying its portfolio to reduce reliance on struggling payers.
By Tatira Zwinoira May. 9, 2025

First Mutual Properties records US$57,28m loss in FY24

Last year, FMP had an independent valuation of its property by realtor Knight Frank Zimbabwe, which reduced the company’s investment portfolio by 26,04%.
By Tafadzwa Mhlanga May. 6, 2025

FMP defies uncertainty and invests in lucrative properties

Significant progress has been made on the project and it is nearing completion, Moyo revealed.
By Staff Reporter Sep. 27, 2024

CBZ Holdings eyes regional expansion

CBZ recently completed the acquisition of FMHL, which increased its shareholding to 36,35% in September 2023, and has since made a mandatory offer for the remaining shares.
By Melody Chikono Aug. 25, 2024

First Mutual leans on profitable properties

In its latest financial results, FMP chairperson Elisha Moyo said the firm aimed to protect its assets.
By Belinda Chiroodza Apr. 1, 2024

Foreign investors ditch Zim capital markets

Delta had the largest market cap of ZWL$4,58 trillion, followed by Econet which ended the year at ZWL$2,53 trillion.
By Mthandazo Nyoni Jan. 29, 2024