Tanganda moves to raise US$8 million

Tanganda has appointed Christiaan Botha as its chief executive

TANGANDA Tea Company is seeking shareholder approval to raise US$8 million through a rights offer, with the fresh capital earmarked to support working capital needs and fund key capital projects.Advertisements In an abridged circular to shareholders, the company said the funding would be mobilised via a renounceable rights offer, which allows existing shareholders to purchase…

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