From tea to trouble: Ariston sinks, Tanganda struggles
The company’s working capital position is negative, and its asset base largely consists of specialised agricultural assets that are illiquid and difficult to monetise in the short term.
By Sylvester Mupanduki
Aug. 1, 2025
Tanganda backtracks on VFEX secondary listing
Instead, the Tanganda board agreed to issue new shares and list them on the VFEX as a secondary listing to shore up capital as market activity has been volatile on the ZSE.
By Farming Reporter
Jul. 24, 2025
Tanganda sees profit drop of 73% in H1
During the period under review, Tanganda recorded a 6% decline in its bulk tea production to 4 736 tonnes from the prior year.
By Tatira Zwinoira
Jun. 6, 2025
Tanganda wins US$47K tea dispute
Tanganda rejected the payments insisting that the debt be settled in foreign currency since the products were sold outside the country.
By Desmond Chingarande
May. 9, 2025
Tax strategy pays off for Tanganda
Revealing the tax strategy in its annual report for the period ended September 30, 2024, Tanganda said the plan ensured adherence to the country's tax laws.
By Tatira Zwinoira
Feb. 24, 2025
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
