TANGANDA Tea Company (Tanganda) expects non-tea agricultural operations to contribute up to 40 percent of the group’s total income in the medium-term through its planned diversification push. The tea grower is targeting to raise US$8 million through renounceable rights offer to finance diversification efforts which include funding value addition initiatives, plant upgrades and expansion across…
Tanganda plans non‑tea revenue growth
Tanganda said it plans to invest in a macadamia cracking facility that will enable it to process nut-in-shell macadamias into kernels.