Padenga posts 187% PAT increase in H1
PADENGA Holdings Limited (Padenga) posted a 187% profit surge to US$26,29 million for its half year performance ended June 30, 2025, driven by a 38% revenue
By Tatira Zwinoira
Sep. 26, 2025
Padenga projects stronger returns as gold blings
The mines are under Dallaglio Investments (Private) Limited, fully acquired by Padenga during the first quarter of this year.
By Lee Musaidzi
May. 19, 2025
Padenga's golden transformation powers record results
Importantly, the company’s return metrics have skyrocketed: Return on equity increased to 33% (from 9,32%).
By The Zimbabwe Independent
Apr. 17, 2025
Padenga banks on increased gold production
Padenga said the significant improvement in skin quality realised at the end of 2023 continued into the first quarter of 2024.
By Melody Chikono
May. 15, 2024
VFEX corrects price level distortions
Companies listed on VFEX have a better chance to raise equity capital in foreign currency to support capital expenditure, working capital and regional expansion.
By Mthandazo Nyoni
Jan. 3, 2024
Operating costs chew into Padenga profit
Padenga was also on a drive to reduce borrowing and the associated interest charges to sustainable levels and to improve profitability.
By Tatira Zwinoira
Sep. 26, 2023
Padenga returns to profitability
Padenga chairperson Thembinkosi Sibanda, was characterised by several market and regulatory changes that required agile management.
By Mthandazo Nyoni
May. 11, 2023
‘Zim inflation to hit 400% by Q1 2023’
Eureka was commissioned about a year ago after Pedenga invested US$50 million to restart the operation through its subsidiary, Dallaglio.
By Melody Chikono
Nov. 18, 2022
Eureka boosts Padenga
He said Eureka produced less gold last year, but it was improving.
By Freeman Makopa
Nov. 18, 2022
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