Natfoods wins big at Africa Food Awards 2023
In recognition of over a century-long commitment to food production, quality and innovation, National Foods Limited was a big winner at the Africa Food Awards 2023 taking the Food Company … Read More
Category: Quoted Equities
Padenga to invest US$2m into croc business
Victoria Falls Stock Exchange-listed (VFEX) Padenga Holdings plans to spend about US$2 million on capital expenditure programmes for its crocodile business. The group’s crocodile breeding division is working on crocodile … Read More
National Foods pays dividend to workers
THE National Foods Workers Trust earned a dividend of US$188 977 for the half year to December 2022 and the amount is being paid out to qualifying employees who are … Read More
ART records volume decline as economy hots up
Amalgamated Regional Trading (ART) registered volume declines for the half year to March 31, 2023 compared to the same period last year due to a challenging environment that eroded disposable … Read More
Truworths seeks to raise ZWL$2,2bn in rights offer
LISTED clothing retailer, Truworths seeks to raise an estimated ZWL$2,2 billion additional working capital from a proposed a Renounceable Rights Offer of 384 067 512 shares saying if the plan … Read More
Seed Co eyes DRC market
ZIMBABWE’S largest seed producer Seed Co Limited is in talks with the Democratic Republic of the Congo (DRC) to supply agricultural inputs to the central African country. A delegation from … Read More
Econet to get some relief as debentures mature
Listed telecoms giant Econet Wireless will now enjoy some relief on the profitability front as foreign exchange losses are expected to taper off following maturity of the US$30 million debenture … Read More
Padenga gold output projected to jump 16pc
Diversified crocodile breeder Padenga Holdings Limited’s expansion of its mining operations future prospects look bright for financial year 2023 and beyond on account of growing gold output. The Victoria Falls … Read More
Pickstone Mine’s Phase 1 underground mining refurbishment completion by August
VICTORIA Falls Stock Exchange-listed diversified group, Padenga Holdings Limited says refurbishment of underground mining at its Pickstone Peerless Mine in Chegutu under Phase 1 will be completed in August this … Read More
Padenga’s revenue to grow by 30%
RESEARCHERS at Inter Horizon Securities have projected that revenue at the Victoria Falls Stock Exchange-listed crocodile breeder Padenga Holdings Limited (Padenga) will increase by 30,4% to US$166,81 million during the … Read More
