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FMBcapital posts strong half year results

FMBcapital has reported strong half year results
FMBcapital has reported strong half year results

FMBcapital Holdings Plc (FMBCH), the financial services group operating as First Capital Bank across Botswana, Malawi, Mozambique, Zambia and Zimbabwe, has reported a 38% increase in operating income to $176 million in the first six months of the year.

In a statement, officials said the group’s performance reflects continued strategic momentum and operational resilience, underpinned by its long-standing commitment to people-driven growth.

“Our performance this half-year is a testament to the strength of our people and the culture we’ve built over three decades,” said Jaco Viljoen, Chief Executive Officer of FMBcapital Holdings. “We’ve consistently invested in leadership, technical capability and a values-led culture that empowers our teams to deliver with purpose.”

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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