Padenga focuses on reducing borrowings

PADENGA Holdings (Padenga) says it is on a drive to reduce borrowings and the associated interest charges to sustainable levels and improve profitability. The Victoria Falls Stock Exchange-listed firm’s chairman, Themba Sibanda, said the group witnessed a 15 percent reduction in net interest expenses for the group at US$3,6 million during the half year ended…

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