Zimbabwe mobile penetration hits 104 percent

HARARE, January 9 (The Source) – Zimbabwe’s mobile phone penetration has gone over 100 percent, with 13.5 million active subscribers being registered by the close of 2013, Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) data showed on Thursday. Zimbabwe’s total population is 13.06 million,… Read More

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

Caledonia declares quarterly dividend

Harare, January 7 (The Source) – Toronto Stock Exchange-listed mining company, Caledonia Mining Corporation  has declared a dividend of one and half cents ($0.015) for the first quarter to January, according to a statement issued by the company on Tuesday. The mining company owns a… Read More