Tanganda Tea Company Limited, the largest producer, packer and distributor of tea products in Zimbabwe, has announced proposals to raise US$7.7 million and relocate its listing from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX) The company has issued a cautionary announcement regarding potential transactions impacting its share price The company’s directors are negotiating proposals for an Extraordinary General Meeting Shareholders and investors are advised that discussions are underway regarding two significant transactions Tanganda Tea Company may migrate its listing from the ZSE to the VFEX and undertake a capital raise through a renounceable rights offer, seeking approximately US$7.7 million The company has urged shareholders to exercise caution when trading its shares, as these transactions may materially affect the share price UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,246Zimbabwe delays implementation of international financial…Feb 20, 202521,610Tea producer Tanganda finalises US$8m capital raise and…Feb 13, 202520,053Tanganda Tea Company to raise US$8 million via renounceable…Jan 20, 202521,026 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,246Zimbabwe delays implementation of international financial…Feb 20, 202521,610Tea producer Tanganda finalises US$8m capital raise and…Feb 13, 202520,053Tanganda Tea Company to raise US$8 million via renounceable…Jan 20, 202521,026 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,246 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,246 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and… Zimbabwe delays implementation of international financial…Feb 20, 202521,610 Zimbabwe delays implementation of international financial…Feb 20, 202521,610 Zimbabwe delays implementation of international financial… Tea producer Tanganda finalises US$8m capital raise and…Feb 13, 202520,053 Tea producer Tanganda finalises US$8m capital raise and…Feb 13, 202520,053 Source: Nehanda Radio All Zim News is a central hub for all things Zimbabwean, curating news from across the country so no story is missed Alongside aggregation, our team of nationwide reporters provides real-time, on-the-ground coverage Stay informed and connected — reach us at admin@allzimnews.com. Source: Nehandaradio
Image from Tanganda targets US77m amid plans to relocate to Vic Falls Stock Exchange 