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Home » Nssa in ‘double’ FMHL windfall

Nssa in ‘double’ FMHL windfall

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THE National Social Security Authority (Nssa)’s disposal of a 31,2 percent stake in First Mutual Holdings Limited (FMHL) is set to earn it a significant amount of money and foothold in the investee company, it has been learnt.
This comes as the compulsory pensions fund’s equity deal with the unnamed counterparty — thought to be a large financial services group — has enabled it to comply with Zimbabwe Stock Exchange (ZSE) rules and limit its exposure in a few stocks.

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Nssa has earmarked the agriculture value chains as part of its impact investments strategy.

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