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Border administration prolonged

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BORDER Timbers says its exit from judicial management has been held up by delay of its compensation from government after its estates were expropriated during the country’s controversial land reform programme.

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During the nine months to March 2019, the company reported before-tax profits of $3,5 million, up from $3 million

Border Timber’s turnover for the period under review was $10,9 million, a 25 percent increase from $8,7 million during the comparative period in the previous year.

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