Tanganda to dispose of US$4,5 million assets

Tanganda recently announced a bridging facility of US$2,5 million, already at ‘advanced stages’ of review by the relevant financial institutions.

TANGANDA Tea Company (Tanganda) is set to dispose of non-core assets with a cumulative value of US$4,5 million as it seeks to improve the quality of its portfolio while eyeing significant investments to bolster operations. The group is also considering a bridging facility of US$2,5 million, already at ‘advanced stages’ of review by the relevant…

Subscribe to read full article. Subscribe today

Related posts

Varun Beverages expands footprint in Zimbabwe

ZSE to gauge ZiG confidence this year

Econet completes network upgrade

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More