Padenga focuses on reducing borrowings

AdvertisementsPADENGA 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

VFEX eyes four new listings

Stanbic injects US$227 million into mining

Seed Co expects sharp earnings growth

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