Padenga returns to profitability 

Source: Padenga returns to profitability –Newsday Zimbabwe File pic: Crocodiles VICTORIA Falls Stock Exchange-listed crocodile breeder Padenga Holdings Limited (Padenga) has returned to profitability after recording a turnover of US$127,9 million for the full year 2022, an increase of 68% from the previous year. In 2021, the group recorded a turnover of US$76,1 million. The […] …
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ED backtracks on ‘looting’ law 

Source: ED backtracks on ‘looting’ law –Newsday Zimbabwe President Emmerson Mnangagwa PRESIDENT Emmerson Mnangagwa has scrapped the controversial law that sought  to hide details of some procurement processes from the public after a public outcry, saying its gazetting was a fraud, exposing the confusion in his office. Mnangagwa yesterday said the Public Procurement and Disposal […] …
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13 distressed firms back on their feet

Prosper Ndlovu prosper.ndlovu@chronicle.co.zw THIRTEEN formerly distressed companies have been brought back to life riding on improved ease of doing business and facilitation brought about by the Second Republic led by President Mnangagwa. Drawn from different sectors of the economy, the revitalised firms are now beefing up their production capacity through retooling and technology absorption in […] …
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Retired civil servant ready to export 40 tonnes of peas to Europe

Patrick Chitumba patrick.chitumba@chronicle.co.zw GWERU-based farmer, Mrs Matilda Manhambo says she is ready to export over 40 tonnes of peas to Europe and the United Arab Emirates as she has started harvesting and grading the product for the foreign market. Last year, she exported 18 tonnes of peas to the Netherlands. Mrs Manhambo (65) has carved […] …
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