Zimbabwe Stock Exchange: FMHL

How many employees work at First Mutual Holdings?

First Mutual Holdings Ltd. (FMHL) has approximately 762 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. First Mutual Holdings’s total headcount has grown 11.3% from 684 employees in 2023 to 762 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

About First Mutual Holdings’s Workforce

First Mutual Holdings Ltd. (FMHL) is a Financial Services company that employs 762 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1990, the company is headquartered in Harare, Zimbabwe and trades on the Zimbabwe Stock Exchange.

First Mutual Holdings's workforce has grown 11.3% from 2023 to 2026, up 2.1% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (97.8%), followed by Northern Europe (1.3%) and North America (0.7%).

First Mutual Holdings's functional groups are Finance and Operations (41.4%), Engineering (34.0%), and Sales and Marketing (24.6%), with Engineering growing fastest (up 4.6%). The average salary is $8,603, ranging from a median of $50,000 in North America to $6,000 in Sub-Saharan Africa, down 1.6% year over year in 2026.

Overall employee sentiment is positive and broadly stable.

Sourced from Revelio Labs workforce data.

Ticker
Zimbabwe Stock Exchange: FMHL
Headquarters
Harare, Zimbabwe
Founded
1990
Industry
Financial Services
Employees
762
YoY
+2.1% (+32)

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First Mutual Holdings Annual Employee Count (2023-2026)

Interactive chart of First Mutual Holdings annual worldwide employee count from 2023 to 2026.
  • First Mutual Holdings had 762 employees in 2026, a 2.1% increase (+32) from 2025.
  • First Mutual Holdings had 737 employees in 2025, a 0.3% increase (+18) from 2024.
  • First Mutual Holdings had 719 employees in 2024, a 1.1% increase (+10) from 2023.
  • First Mutual Holdings had 709 employees in 2023, a 3.8% increase (+22) from 2022.

First Mutual Holdings's total workforce has grown from 684 employees in 2023 to 762 in 2026.

First Mutual Holdings Ltd. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1762+32+2.1%
2025Q4737+18+0.3%
2025Q3731+35+2.2%
2025Q2742+36+0.9%
2025Q1730+17+0.2%
2024Q4719+10+1.1%
2024Q3696-1+0.6%
2024Q2706+22+3.8%
2024Q1713+28+4.8%
2023Q4709+22+3.8%
2023Q3697-1+0.4%
2023Q2684-8+0.5%

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First Mutual Holdings Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of First Mutual Holdings's global workforce with approximately 98% of total employees, followed by Northern Europe and North America.

First Mutual Holdings employees by region

RegionEmployees% of Total
Sub-Saharan Africa74397.8%
Northern Europe101.3%
North America50.7%
Arab States10.2%

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First Mutual Holdings Employee Count by Department (2026)

First Mutual Holdings's employee groups are Finance and Operations (41.4%), Engineering (34.0%), and Sales and Marketing (24.6%).

First Mutual Holdings employees by department

DepartmentEmployees% of Total
Finance and Operations31441.4%
Engineering25834.0%
Sales and Marketing18724.6%

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First Mutual Holdings Employee Salary by Region (2026)

First Mutual Holdings's average employee salary is $8,603 globally. Employees in North America receive the highest compensation, with median pay approximately 5.8x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $6,000.

First Mutual Holdings median employee salary by region (USD)

RegionMedian Salary
North America$50,000
Northern Europe$41,000
Sub-Saharan Africa$6,000

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First Mutual Holdings Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across First Mutual Holdings's workforce based on public professional data. Overall sentiment is positive and has held steady year over year in 2026.

Overall

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Frequently Asked Questions About First Mutual Holdings

How fast is First Mutual Holdings growing?
In 2026, First Mutual Holdings's headcount grew 2.1% to 762 employees, up from 730 in 2025.
See the full headcount history
Where are First Mutual Holdings employees located?
Most First Mutual Holdings employees are based in Sub-Saharan Africa (97.8% of headcount), followed by Northern Europe and North America.
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What is the average salary at First Mutual Holdings?
The average employee salary at First Mutual Holdings is approximately $8.6k per year.
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When was First Mutual Holdings founded and where is it headquartered?
First Mutual Holdings was founded in 1990 and is headquartered in Harare, Zimbabwe.
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