Meikles Limited has announced its intentions to unbundle its agro-processing subsidiary, Tanganda Tea Ltd, from the group, a move which would see it listed separately on the Zimbabwe Stock Exchange.
The company says it has since engaged professional advisors, and adds that shareholder approval will be sought in due course.
Shareholders and the transacting public have been urged to trade with caution, consult their advisors before dealing with the company’s shares until full details of the unbundling are announced.
Tanganda, which began in the 1920s as an experiment in tea production, is Zimbabwe’s largest producer of tea.
-Zwnews
Read full statement below:
Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More
For years, our platform has been your trusted destination for breaking football news, match updates,… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More
Cars for sale in Lesotho are now easily available to consumers with different budgets. Moreover,… Read More
The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More
Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More