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

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

Chidhakwa wants tougher mining laws

HARARE, December 2 (The Source) – Zimbabwe’s mines minister, Walter Chidhakwa  says African countries should have tougher mining laws to benefit more from their natural resources. “This why in Zimbabwe we say without any fear or apologies that when you come to Zimbabwe, you are… Read More