Padenga now Zim’s second most valued firm

This meteoric rise represents a staggering 840% year-over-year growth, cementing the group’s transition from a niche crocodile breeder into a diversified mining powerhouse.
By Tatira Zwinoira 12h ago

Padenga bets big on gold boom

The group recorded an 84% increase in cash generated from its mining segment, driven by soaring gold prices that surpassed all previous targets.
By Tatira Zwinoira Apr. 1, 2026

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