Bitcoins

How much is Bitcoin really worth?

TOKYO. — Bitcoin is in a bubble and its fair value should be around $100, or about 99 percent below the current level, Katsunori Sago, chief investment officer of Japan Post Bank said yesterday. Sago...

Cairns Foods employees disgruntled

Ishemunyoro Chingwere Business Reporter Employees at Cairns Foods are reportedly disgruntled over the handling of human resources issues by the consultancy that was unprocedurally awarded the contrac...
Green Fuel factory in Chisumbanje was the first to supply ethanol for compulsory blending

Mandatory blending saves Zim $64m

Livingstone Marufu Business Reporter Government’s 20 percent ethanol and 80 percent unleaded petrol blending ratio has saved the country $63,5 million in foreign currency in the first nine months of ...
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ZESA mulls tariff increase

Business Reporters Zimbabwe’s power utility Zesa Holdings, intends to review power tariffs by 3c/kwh to stem losses, sources familiar with the development said yesterday. The proposed increase will s...
ZSE

Industrial index declines 1,28pc

Enacy Mapakame Business reporter The Zimbabwe Exchange (ZSE) yesterday took a dip with the mainstream Industrials Index declining 1,28 percent to 527,27 level weighed down by losses in the market’s h...
Lager beer volume were 5 percent below prior year for the quarter and 7 percent for the full year

Delta remodels sorghum beer business

Enacy Mapakame Business Reporter Beverages maker, Delta Corporation, will remodel its sorghum beer factories to enhance production of the new 1,5 litre pack, as it moves to boost both volume and reve...
Bitcoins

Bitcoin surges in Zim

Bitcoin climbed as much as 10 percent on Zimbabwe’s Golix exchange yesterday. The price of the cryptocurrency in the Southern African nation jumped as high as $13 499, almost double the rate at which...

Declaration of assets by board members

ZimCode (joint Secretariat of ZIMLEF, IoDZ &SAZ) The Public Entities Corporate Governance (PECG) Bill, henceforth (“the Bill”), is an effort by the government of Zimbabwe to cultivate a culture o...