BUSINESS NEWS

Tanganda offloads assets

Tanganda Tea Company Limited, Zimbabwe's leading tea producer, has unveiled plans to raise US$7 million to shore up working capital, through the disposal of non-core assets and a bridging finance faci...

By Staff reporter | Published: 09 December 2025
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INDUSTRIALS & ENERGY

Tanganda Tea posts 65% revenue growth

Tanganda Tea Company Limited has recorded a 65% increase in revenue for the third quarter ended June 30, 2025, despite facing lower export volumes, adverse weather, and exchange rate volatility.Revenu...

By Staff reporter | Published: 16 September 2025
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INDUSTRIALS & ENERGY

Tanganda abandons VFEX listing plan

Tanganda Tea Company Limited, Zimbabwe's largest horticultural firm, has abandoned its earlier plan to create and list a new class of ordinary shares on the Victoria Falls Stock Exchange (VFEX), mark...

By Staff reporter | Published: 29 July 2025
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LANDS & AGRICULTURE

Tanganda wins US$47,000 tea dispute

Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...

By Staff reporter | Published: 09 May 2025
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LANDS & AGRICULTURE

Tanganda Tea invests in $2.5m plant

Leading tea-producing company Tanganda Tea (Pvt) Ltd has acquired a state-of-the-art blending and packaging plant worth $2.5m, finance director Henry Nemaire has said.Nemaire told reporters that the w...

By Staff reporter | Published: 24 April 2014
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