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LIQUIDITY challenges spurred the growth of mobile money by 43 percent from 2016 to 2017, Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) abridged annual postal and telecommunications sector performance report 2017 has revealed. According to the report released Thursday afternoon, the total number of active mobile money subscriptions increased by 42,5 percent to reach 4 706 778 in 2017 from 3 303 188 recorded in 2016.
ALL SHARE
The All Share index closed the week on a high note gaining 0.04 points (0,05 percent) to close at 86.20 points. Axia put on $0,0069 to close at $0,1970, PPC added $0,0062 to end at $0,9400, CBZ went up by $0,0039 to settle at $0,1039. Willdale rose by $0,0010 to trade at $0,0060.
Mobile giant Econet was the only counter trading in the negative territory losing $0,0030 to close at $0,6770.
WEEK ON WEEK CHANGES
– All Share Index declined by 0.05 points (0,06 percent).
– Industrial Index shed 0.29 points (0,10 percent).
– Top 10 Index eased 0.23 points (0,27 percent).
– Mining Index rose by 1.97 points (1,63 percent).
derick.khumalo