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Home » Padenga sees better returns from croc business

Padenga sees better returns from croc business

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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…

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