Silent Goodbye a sad reality. (Mom passes on & leaves small Children)

The quiet community of Ngodini, just outside Nelspruit in Mpumalanga, South Africa, woke up to heartbreaking news that left neighbours and relatives in disbelief. Twelve-year-old Ayanda had always been the responsible one. As the eldest of three children, she helped her mother care for her younger siblings, eight-year-old Sipho and four-year-old Amahle. Their mother, Nomsa, worked hard to provide for them, often reminding her children that no matter how difficult life became, they should always love and protect one another. One cold winter morning, the children woke up as usual. Ayanda prepared breakfast while waiting for their mother to get up for work. Minutes turned into an hour, but Nomsa never came out of her bedroom. Ayanda gently knocked on the door. "Mama?" she called softly. There was no answer. She knocked again, louder this time. "Mama, it's morning. You have to wake up." Still, there was only silence. Growing worried, Ayanda tried opening the door. H...

Crocodile-skin supplier to list on new Zim bourse

 03 Jul

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(iStock)
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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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