HARARE – Listed crocodile skin producer Padenga Holdings has reported a 100 percent rise in net income to $4, 05 million from $2 million in the half-year period to June 30, 2017 from the prior comparable period.
By Elita Chikwati HARARE – The Meteorological Services Department says it will conduct cloud seeding early this year so that farmers in region two and three will not be affected by late rains during the first half of the season.
HARARE – Government is considering approaching the private sector to assist with storage facilities for wheat as the country’s silos will filled with grain harvested during the 2016/17 summer cropping season, a senior official has said.
HARARE – The ZSE’s mainstream Industrial Index extended the losses shedding 4.18 points to end at 367.13 as crocodile skin producer Padenga dropped $0, 1500 to close at $0, 8500, while beverages giant Delta lost a further $0, 0935 to $2, 2002.
HARARE – Listed clothing retailer Edgars Stores Limited’s profit for the half year to July 2017 jumped 400 percent to $567 499 from $109 119 during the same period last year on increased sales and tighter debt management.