Tanganda to set date for crucial VFEX vote

The agro-industrial concern intends to value-add its macadamia nuts before exporting in order to hedge against volatile global prices and reduce reliance on raw commodity sales.

TANGANDA Tea Company is set to issue dates for an extraordinary general meeting of shareholders to consider and approve the proposed listing of a new class of shares on the Victoria Falls Stock Exchange and issuance of a rights offer to raise US$8 million.The Zimbabwe Stock Exchange (ZSE)-listed group initially wanted to migrate to the…

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