WILLDALE says total borrowings declined to $43 000 in the year to September 2019 from $27 million in 2018 after the company disposed of its land bank to clear debts.
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Cleophas Makoni, Willdale’s chairman, said the listed brick maker realised an after tax profit of $25 million from the disposal of a piece of land and used the proceeds to retire all interest-bearin
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