The House She Built a Source of Conflict

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There was a time when everything seemed to be going right for Amara . She was a beautiful woman, not only in appearance but in the way she carried herself. She grew up in a loving home, surrounded by parents who worked hard and believed that their children should never lack opportunities. Her father was a respected man who worked tirelessly to provide for the family, while her mother was equally hardworking. They raised their daughters with discipline, kindness, and the belief that education and hard work were the keys to a good life. Amara was the elder daughter. Her younger sister, Nadia , was also intelligent and ambitious. The two sisters grew up watching their parents work together, and they learned an important lesson from them: nothing worthwhile comes without sacrifice. As the years passed, both sisters became successful in their own ways. Amara worked hard, saved her money, and eventually achieved something she had dreamed about since she was young. She bought a beauti...
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Crocodile-skin supplier to list on new Zim bourse

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 03 Jul

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Ray Ndlovu
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Padenga Holdings, one of the world’s largest suppliers of crocodile skins for luxury bags and shoes, received shareholder approval to list on Zimbabwe’s new bourse, which trades exclusively in US dollars.

The Harare-based group will list on the Victoria Falls Exchange, or VFEX, on July 9 after delisting from the main bourse in the capital, Chief Financial Officer Oliver Kamundimu said Friday by phone.

Padenga, which counts top international brands among its customers, will be the new exchange’s second listing. The VFEX, set up in October to attract global capital, offers incentives such as tax breaks and the ability to repatriate funds from a country where foreign-exchange is in short supply.

“We see this as an early step to enhancing the attractiveness of the VFEX by adding a quality, hard-currency-generating asset for investors to consider,” said Lloyd Mlotshwa, the head of research at the Harare-based IH Securities.

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