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
Tanganda remains optimistic in ‘difficult’ terrain
Profit after tax for the period rose by 24% to $1,47 billion from a 2022 comparative of $1,18 billion.
By Melody Chikono
Jul. 4, 2023
Tanganda revenue surges 48%
Bulk tea export volumes, however, were 33% below prior year.
By Melody Chikono
Feb. 14, 2023
Tanganda defends turf, as Peru swamps markets
Tanganda’s profit after tax improved to $583 million during the review period, from a loss of $318 million in the previous year.
By Freeman Makopa
Dec. 13, 2022
