AfrAsia Bank gets new MD, board

HARARE, January 8 (The Source) – AfrAsia Bank Zimbabwe Limited, formerly Kingdom Bank has appointed Tineyi Mawocha as its new managing director with effect from 6 January, the bank said on Wednesday. The appointment comes after Mauritian-headquartered AfrAsia Bank Limited, which now owns a controlling stake of 65.38… Read More

Econet launches mobile payroll system

HARARE, December 11 (The Source) – Mobile service provider, Econet Wireless on Thursday launched a mobile payroll platform that will enable companies to pay salaries through its EcoCash platform. EcoCash chief executive, Cuthbert Tembedza said the service does not attract any charges. It is the latest… Read More

Zimbabwe’s central bank chief steps down

Zimbabwe’s reserve bank governor Gideon Gono, who put the bank’s printing press into overdrive to keep pace with hyper-inflation, has left the central bank after completing his final five-year term on Friday. At the height of the southern African country’s decade-long economic crisis, Zimbabweans were… Read More