Padenga sheds 47pct in early VFEX trades

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PADENGA Holdings (Padenga) lost 47 percent in early trades on the Victoria Falls Stock Exchange (VFEX), to close Tuesday at US$0,19. Shares of the crocodile skins processor started trading on the recently launched exchange last Monday at US$0,36 after it migrated from the ZWL$-denominated Zimbabwe Stock Exchange, a move management hopes will improve the company’s…