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

BAT, TSL top ZSE performers in 2013

HARARE, January 6 (The Source) – Strong international prices and increased Chinese demand for Zimbabwean tobacco lifted cigarette manufacturer, BAT Zimbabwe and tobacco processor, TSL to top performances on the Zimbabwe Stock Exchange in 2013, a trend likely to be repeated this year, analysts have said.… Read More