Tanganda Tea Company (Tanganda) says it is implementing proactive measures across its operations as regional meteorologists forecast a shift toward El NiƱo weather conditions, which typically bring below-average rainfall to Zimbabwe.
The agricultural concern said it is monitoring local climate patterns closely while rolling out targeted mitigation measures to protect crop yields and insulate its plantation operations from prolonged dry spells.
āMitigation measures are being implemented, where practical, to enhance operational resilience and limit the potential impact on production,ā Tangandaās chairman Addington Chinake said in the group’s latest financials.
He said Tanganda is targeting operational recovery, regional market expansion, and enhanced crop returns following a transition period marked by a top-level leadership overhaul and a successful US$8 million capital raise.
Chinake noted that the group seeks to leverage its capital base to execute a multi-pronged turnaround strategy centred on agricultural restoration, value addition, and operational discipline.
Tanganda completed a US$8 million renounceable rights offer in March 2026 underwritten by Rutanhi Beverages, a subsidiary of Innscor Africa.
āThe first four months following the conclusion of the companyās capital raise programme have been dedicated to reviewing the leadership structures within the wider business, assessing all critical operations, and commencing a programme to completely overhaul the companyās financial reporting and accountability systems and controls,ā Chinake said.
He highlighted that the rebuilding process will continue into the coming seasons as the business navigates towards a viable and sustainable business model underpinned by an appropriate capital structure and sound financial position.
Chinake noted that the group remains focused on improving operating efficiencies, strengthening market penetration and enhancing cash generation, while maintaining disciplined capital allocation.
He said Tangandaās bulk tea production closed the nine months to June 30, 2026 at 28% below the comparable period, with management introducing a practice of suspending out-of-season plucking when yields fall below economically viable levels.
āWhile this affected reported production volumes, the initiative is expected to support factory throughput and product quality in future seasons,ā Chinake said.
The diversified group recorded a 9% increase in bulk tea export sales volumes during the period under review, supported by stock carried forward from the prior year.
Packed tea sales volumes closed at 14% ahead of the comparative period, supported by sustained demand for Tangandaās core brands and route-to-market initiatives implemented during the period under review.
The group said macadamia production closed 5% below the comparative period while export sales declined by 45%, reflecting subdued international demand and the continuing supply-demand imbalance within the nut-in-shell market.
Tanganda said avocado production closed 95% ahead of the comparative period, reflecting the improving maturity profile for the companyās orchards.
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