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HARARE - Tanganda Tea Company has invested US$6 million into its beverages factory in Mutare to enhance production efficiencies. The investment, part of the US$37 million the group deployed into various capital projects, helped modernise the Mutare factory in line with global standards. Other investment projects carried out by the group in the past decade…
AN apostolic sect is seeking business ventures with food manufacturers in a deal that would see some products bearing the logo of the religious group.
Meikles Ld - Cautionary Statement CAUTIONARY STATEMENT Further to the cautionary announcement published on 15 April 2021, shareholders are advised that Meikles Limited Board of Directors has determined to unbundle from the Company and list separately on the Zimbabwe Stock Exchange the Company's agricultural processing business, Tanganda Tea Company Limited, subject to shareholders' approval. Shareholders and members of the investing public are advised to exercise caution and consult their professional advisors before dealing in the Company's shares until the full details of the transaction ar...
By Alois Vinga DIVERSIFIED retail and hospitality group, Meikles Limited has tabled plans to unbundle its tea farming concern, Tanganda Tea Company. In an update, the group’s company secretary, Thabani Mpofu advised shareholders and the investing public of the impending transaction. “The Board is engaged in discussions and is considering various proposals which, if implemented, may have a material impact on the value of the Company’s shares. “In this regard the Directors have determined to unbundle from the Company and separately list on the Zimbabwe Stock Exchange the Company’s agr...
Zimbabwe: Tropical Cyclone Eloise Emergency Plan of Action (EPoA), DREF n°: MDRZW015 Format Description of the disaster Tropical cyclone Eloise entered Zimbabwe on 23 January at about 20:00 hrs with wind speeds of 160 kilometres per hour (kph) (99 miles per hour). It brought heavy rains in Masvingo, Manicaland and Matebeleland Provinces which covers the southern part of Zimbabwe. According to the Government’s Meteorological Services Department (MSD), these heavy rains have caused flooding, mudslides, and destruction of infrastructure in Manicaland, Mashonaland East and Central, Matabelelan...