Search results for 'Tea production'
Companies
Ariston Wraps Up 500Kva Solar Project

Ariston Holdings, a prominent agricultural Group, has successfully concluded a solar project commissioned in July to mitigate the impact of power challenges on production costs and output. The decisio

Aug 16, 2023
Zimbabwe
Zimbabwe's Ariston Holdings Weathers Challenges, Reports Growth in Tea and Macadamia Sales

The trading update highlighted the unfavorable climate conditions in the first quarter, with below-average rainfall and extremely hot weather impacting agricultural operations. However, the weather im

Jan 29, 2024
Companies
Ariston Boosts Tea Volumes by 14%, Pivots to Macadamia Value-Add

Ariston Holdings Limited, a diversified agricultural company, has reported a 14% increase in tea production during the half-year ended March 31, 2024. The company produced 1,830 tonnes of tea, up from

Jun 04, 2024
Companies
Macadamia Boom Mitigates Tanganda’s Tea Dip

anganda Tea Company, a leading producer in Zimbabwe, has reported mixed results for the third quarter of its financial year, with a strong performance in macadamia production offsetting a decline in t

Aug 16, 2024
Companies
Tanganda Returns to Profitability as Avocado ,Tea Booms

Tanganda Tea, a company listed on the Zimbabwe Stock Exchange (ZSE), has made a remarkable turnaround, recording a profit after tax of USD1.4 million for the year ended 30 September 2024. This is a si

Dec 16, 2024

Top Stories

Botswana Bets More on Coal to Ease Energy Crisis

Botswana, a landlocked nation in Southern Africa, is poised to deepen its reliance on coal to address persistent generation challenges. With proven coal reserves estimated at 212 billion tons though o

18 hours ago

Cassava Technology Partners with Nvidia to Build in Africa

Cassava Technologies, a prominent digital infrastructure company headquartered in the UK and founded by Strive Masiyiwa, has partnered with Nvidia  to implement advanced artificial intelligence (AI) s

18 hours ago

ZiG Records the Biggest 'Crush' Year-to-Date

The Zimbabwe Gold (ZiG) has depreciated against the United States Dollar (USD), recording an exchange rate of 26.7279 on 25 March 2025, extending a loss-making streak observed since the commencement o

20 hours ago

No Winners in Trade Wars: Global Economic Growth Downgraded

The global economy stands at a crossroads, with trade tensions casting a long shadow over its prospects. The Organisation for Economic Co-operation and Development (OECD) released its latest economic

23 hours ago

Gold Weekly Wrap: Trio of Titans, How 9 Tonnes Set Stage for Zimbabwe’s Gold Glory

Zimbabwe is gearing up for an ambitious goal of producing 40 tonnes of gold in 2025, a target made tantalisingly achievable by gold prices soaring past $3,000 per ounce amid global geopolitical tensio

1 day ago

Innscor’s Revenue Surpasses Half a Billion in HY25

Innscor, a leading Zimbabwean conglomerate, has reported a 12% increase in revenue to US$535.8 million for the six months ended 31 December 2024 according to the latest financial report from the group

1 day ago

Distribution Group Africa Set to Restructure and Realign Performance with Revenues

Distribution Group Africa (DGA), a vital arm of Axia Corporation Limited operating across Zimbabwe, Malawi, and Zambia, is embarking on a strategic restructuring to reverse declining revenues and alig

1 day ago

ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

Mar 21, 2025