Tanganda sees 12% dip in revenue in Q1
This is because the phenomenon is typically associated with normal to above-normal rainfall, especially in the second half of Tanganda’s financial year.
By Tatira Zwinoira
Feb. 14, 2025
Tanganda finalises US$8m capital raise, VFEX listing
When Tanganda listed on the ZSE on February 3, 2022, it had a market capitalisation equivalent to US$134,29 million.
By Tatira Zwinoira
Jan. 22, 2025
Tanganda backpedals on ZSE delisting
This was after the firm lost tens of millions of dollars from its market capitalisation on the ZSE, since it listed on the bourse on February 3, 2022.
By Tatira Zwinoira
Dec. 12, 2024
Tanganda profits down 8% as drought bites
The firm added that packed tea volumes of 1 303 tonnes were 11% below 1 459 tonnes achieved in the previous year.
By Tatira Zwinoira
Aug. 18, 2024
Low global tea prices threaten Tanganda
In the outlook, Tanganda said the operating environment was expected to remain complex due to rapid policy changes and escalation of costs.
By Mthandazo Nyoni
Jul. 26, 2024
Tanganda profit up 25% on costs cuts
Nkala said sustainable market diversification will continue to be pursued to expand the regional and international markets.
By Tatira Zwinoira
Jul. 22, 2024
Tanganda lines up value addition projects
Tanganda had ZWL$1,87 to every dollar of debt showing that the company had more than enough liquidity for its value-addition projects.
By Tatira Zwinoira
Feb. 26, 2024
Tanganda pursues export markets
Zimbabwean firms have recently been looking at export markets to escape currency fragilities on the domestic market.
By Tafadzwa Mhlanga
Feb. 16, 2024
Late rains put pressure on tea production
Selling and distribution expenses also soared and contributed to the depressed operating margin.
By Rufaro Hozheri
Jul. 14, 2023
Bulawayo police crack down on Entumbane drug syndicate
Local
By Bongile Moyo and Peter Dube
Feb. 21, 2025
