Padenga banks on increased gold production

Padenga said the significant improvement in skin quality realised at the end of 2023 continued into the first quarter of 2024.
By Melody Chikono May. 15, 2024

VFEX corrects price level distortions

Companies listed on VFEX have a better chance to raise equity capital in foreign currency to support capital expenditure, working capital and regional expansion.
By Mthandazo Nyoni Jan. 3, 2024

Operating costs chew into Padenga profit

Padenga was also on a drive to reduce borrowing and the associated interest charges to sustainable levels and to improve profitability.
By Tatira Zwinoira Sep. 26, 2023

Padenga returns to profitability

Padenga chairperson Thembinkosi Sibanda, was characterised by several market and regulatory changes that required agile management.
By Mthandazo Nyoni May. 11, 2023

‘Zim inflation to hit 400% by Q1 2023’

Eureka was commissioned about a year ago after Pedenga invested US$50 million to restart the operation through its subsidiary, Dallaglio.
By Melody Chikono Nov. 18, 2022

Eureka boosts Padenga

He said Eureka produced less gold last year, but it was improving.
By Freeman Makopa Nov. 18, 2022

Padenga halts croc meat exports as EU tightens screws

EU markets maintain a tight regime of regulations such as prescribing requirements for the preparation of crocodiles, their bodies, meat, organs and other parts.
By Shame Makoshori Nov. 15, 2022