Zimbabwe: First Mutual Courts SA Company

South Africa's Liberty Holdings has emerged as one of the leading prospective investors First Mutual Life Holdings is talking to over a potential partnership. Chief executive Douglas Hoto confirmed yesterday that FML is engaged in talks with Liberty under a possible technical partnership deal. Mr Hoto said the search for a strategic partner was a low key engagement where FML is trying to engage an investor to inject fresh capital."It is a low key engagement and it has always been an issue that we kept on telling people. We have been looking for a strategic investor for FML.

"We have actually been engaging a lot of investors and Liberty is one of them. Liberty is actually one of the potential investors that we have been talking to," said Mr Hoto.

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