Tanganda to dispose of US$4,5 million assets

Tanganda plans to invest in a macadamia cracking facility that will enable it to process nut-in-shell macadamias into kernels.

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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