First Mutual braces for currency switch

FMH chief executive Douglas Hoto

Advertisements 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…

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