Low winter rains dent Tanganda output

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TANGANDA Tea Company (Tanganda) says winter rains have been lower in the past years, affecting tea production during the season.

The diversified firm recorded a four percent decline in bulk tea production during the third quarter ending June 30, 2023, as a result of the late onset of the rainy season. In turn, bulk tea production for the quarter was 12 percent below the same period in the prior year.
“Cumulatively, rainfall received on the estates has been in line with our 10-year averages but winter rains have been lower than in past years, affecting tea production in winter. Management keeps monitoring the weather patterns and taking possible appropriate action,” the company secretary, Sharon Kodzanai, said in a trading update.
Tanganda’s packed tea sales volumes for the period were seven percent below the prior year as the rapid decline in the local currency saw volumes purchased by some major customers decreasing.