The Tanganda Tea Company says its investment in new machinery at the packaging factory in Mutare is expected to increase volumes in regional markets. The tea company is the biggest grower and producer of tea and coffee in Zimbabwe and one of the biggest tea producers in Africa. Tanganda is also a diversified export business with another focus on macadamia nuts and avocados.
Yields of avocado and macadamia are expected to increase with enhanced maturity profiling of plantations over the next three to five years.
Despite dry weather in December 2021 and February 2022, the pandemic and global conflict headwinds, revenues remained resilient at $1,909 billion, 7 percent down from $2,061 billion achieved in the same period of the previous year.