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First Mutual scraps to $100k FY profit, to exit underdog RTG

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First Mutual Holdings Limited (FML) will sell-off its 20 percent shareholding in Zimbabwe’s second largest hotel group, Rainbow Tourism Group (RTG), as it moves to concentrate on its core operations. The insurance group said on Wednesday it had reclassified its investment in RTG, which has been posting losses since 2009, to “available for sale” from

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