{"id":11941,"date":"2020-12-07T07:37:58","date_gmt":"2020-12-07T07:37:58","guid":{"rendered":"https:\/\/263host.co.zw\/projects\/firstmutual\/?p=11941"},"modified":"2021-02-03T15:51:52","modified_gmt":"2021-02-03T15:51:52","slug":"fmhl-analysts-presentation","status":"publish","type":"post","link":"https:\/\/263host.co.zw\/projects\/firstmutual\/fmhl-analysts-presentation\/","title":{"rendered":"FMHL Analysts Presentation"},"content":{"rendered":"<div id=\"1512053000270-1a03c722-59e4\" class=\"w-tabs-section\">\n<div class=\"w-tabs-section-header-h\">\n<p><span style=\"font-size: 18pt;\"><strong>Economic Overview -Zimbabwe<\/strong><\/span><\/p>\n<ul>\n<li>Y-o-Y inflation was 737.3% as of 30 June 2020 mainly driven by exchange rate depreciation and the re-alignment of prices to the exchange rate. Y-O-Y inflation started declining and was 659.4 % at 30 September 2020.<\/li>\n<li>\u00a0Average returns on money market investments stood at 11% (HY 2019: 8%) compared to average annual inflation of 700.1%.<\/li>\n<li>The Monetary Policy Committee revised the policy rate up from 15% to 35% effective 01 July 2020.<\/li>\n<li>The RBZ foreign exchange rate as at 30 June 2020 was USD1:ZWL63.7442 representing a 281% depreciation of the ZWL since the beginning of the year.<\/li>\n<li>\u00a0ZSE All Share Index returned 677.46% versus YTD inflation of 162%. The above inflationary return was attributed to \u2713 Investor hedging against currency weakness. \u2713 Asset migration from money market funds to equities due to low returns&#8230;.<a href=\"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-content\/uploads\/2020\/12\/FMHL-Analysts-Presentation-H1-2020-28102020.pdf\" class=\"mtli_attachment mtli_pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Read More<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economic Overview -Zimbabwe Y-o-Y inflation was 737.3% as of 30 June 2020 mainly driven by exchange rate depreciation and the re-alignment of prices to the exchange rate. Y-O-Y inflation started declining and was 659.4 % at 30 September 2020. \u00a0Average returns on money market investments stood at 11% (HY 2019: 8%) compared to average annual [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[492,653],"tags":[],"class_list":["post-11941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-first-mutual-holdings-limited","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/posts\/11941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/comments?post=11941"}],"version-history":[{"count":2,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/posts\/11941\/revisions"}],"predecessor-version":[{"id":11944,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/posts\/11941\/revisions\/11944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/media\/1948"}],"wp:attachment":[{"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/media?parent=11941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/categories?post=11941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/263host.co.zw\/projects\/firstmutual\/wp-json\/wp\/v2\/tags?post=11941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}