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Padenga acquires stake in US

HARARE – Padenga Holdings Limited (Padenga) has acquired a 50 percent stake in United States alligator business, Lone Star Africa Farms (LSAF), as the local company seeks to grow operations. The other 50 percent in LSAF is equally divided between Redell Enterprise and an individual Jorge Hernandez. Oliver Kamundimu, Padenga chief financial officer, told a…

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