By ETimes
HARARE – TANGANDA Tea Company shares slipped 0.80% to close at ZiG0.6573 in the midweek session.
This follows shareholder approval of a US$8 million capital raise through a renounceable rights offer at an EGM held today in the capital.
The capital injection is expected to support expansion initiatives, including orchard development, processing capacity upgrades, and working capital, while strengthening resilience against climate variability.
Discover more from Etimes
Subscribe to get the latest posts sent to your email.