Tanganda abandons VFEX listing plan

...opts for ZSE capital raise

STAFF WRITER Tanganda Tea Company Limited, Zimbabwe’s largest horticultural firm, has abandoned its earlier plan to create and list a new class of ordinary shares on the Victoria Falls Stock Exchange (VFEX), marking a significant strategic shift. Instead, the company will pursue a capital raise of US$8m  through a Renounceable Rights Offer on the Zimbabwe…

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