Tanganda to dispose of US$4,5 million assets

Tanganda wants to improve efficiency by streamlining operations and cutting costs to remain competitive.

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…

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