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…

Subscribe to read full article. Subscribe today

Related posts

Elephant Hills shuts down for major overhaul

Econet wary of share price valuation

Delta quells share price concerns

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