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Padenga remains in the red

HARARE – Crocodile skin producer Padenga Holdings Limited (Padenga) remains in the red, posting a $1,2 million loss after tax in the half year to December 2012 from $2,8 million incurred in previous comparable period. The group said the depressed performance is in line with expectations given the business is seasonal. Alexander Calder, Padenga’s chairperson,…

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