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 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
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
