Padenga sees better returns from croc business

PADENGA Holdings (Padenga) says it anticipates improved returns from its crocodile business this year, following the implementation of several strategies to improve the division. The Victoria Falls Stock Exchange-listed diversified group’s crocodile unit accumulated losses over several years owing to continued oversupply in the alligator skins market coupled with quality issues that took a long…

Subscribe to read full article. Subscribe today

Related posts

Delta quells share price concerns

Dairibord eyes capacity expansion

Housing product bolsters Fidelity income

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More