Gold deal boosts Padenga stock

PADENGA Holdings’ (Padenga) stock has gained more than 88 percent on the Zimbabwe Stock Exchange (ZSE) since August 28, when shareholders approved the company’s acquisition of a majority stake in gold miner, Dallaglio Investments.

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Padenga chief executive Gary Sharp and some high-end luxury products made from crocodile skin and sold in international retail outlets such Hermès, Cartier, Louis Vuitton and Prada.

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