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Home » First Mutual braces for currency switch
Companies & Markets
First Mutual braces for currency switch
written by
Kudzanai Gerede, Companies and Market Editor
September 18, 2025
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Douglas Hoto, FMHL chief executive and Douglas Hoto,
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FIRST Mutual Holdings (First Mutual) is pursuing investments in alternative markets, mainly property, as a hedge against risk of value erosion on cash balances ahead of the 2030 currency transition.Zimbabwe’s currency transition from a US-dollar backed multi-currency system to a mono-currency regime anchored by its local currency in the next five years presents widespread uncertainties…
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