African Stock Exchanges

TANG - Tanganda Tea Company

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TANG share price on Zimbabwe Stock ExchangeTANG share price on Zimbabwe Stock Exchange

Tanganda Tea Company Limited is the largest producer, packer, and distributor of tea in Zimbabwe. The first commercial tea was planted at New Year’s Gift Estate in 1924. Tanganda, to date, has also developed the largest hectarage of both macadamia nuts and avocados to become the single largest producer of both crops in Zimbabwe. The company is also involved in coffee production and spring water bottling.

Tanganda Tea Company is divided into three operating divisions, namely, Agriculture, Beverage, and Corporate and Administration divisions.

  1. The Agriculture Division is based in Chipinge and consists of five estates inter-cropped with tea, coffee, avocados and macadamia nuts. The division has an active out-grower scheme supporting tea farmers covering about 1,000 hectares of land.
  2. The Beverage Division is focused on creating and developing brands mainly from but not limited to the primary agricultural products and consists of a blending and packaging plant in Mutare with sales and distribution depots in Harare, Bulawayo, Gweru, and Mutare. The division’s market is mainly local but has a growing export market into the region. New consumer products and services development is a key focus for the division.
  3. The Corporate and Administration Division is responsible for administration and support services for the Agriculture and Beverage divisions.

Tanganda Tea Company is listed on the Zimbabwe Stock Exchange (ZSE) since February 3rd, 2022. Tanganda Tea is traded on the ZSE under the ticker symbol “TANG”. The International Securities Identification Number (ISIN) of ZSE:TANG is ZW0009012411. Tanganda Tea Company is currently the 15th most valuable stock on the ZSE with a market capitalization of ZWL 40.6 billion, which is about 1.45% of the Zimbabwe Stock Exchange equity market.

TANG155.3604 ▴ 0.1104 (0.07%)
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume75,400
Number of Deals
Gross Turnover11.7M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding261M
Market Capitalization40.6B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

TANG Stock Market Performance


The current share price of Tanganda Tea Company (TANG) is ZWL 155.3604. TANG closed its last trading day (Monday, January 30, 2023) at 155.3604 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 0.1% gain over its previous closing price of 155.25 ZWL. Tanganda Tea began the year with a share price of 89.3667 ZWL and has since gained 73.9% on that price valuation, ranking it third on the ZSE in terms of year-to-date performance.

Tanganda Tea Company is the 21st most traded stock on the Zimbabwe Stock Exchange over the past three months (Oct 28, 2022 - Jan 30, 2023). TANG has traded a total volume of 1.59 million shares valued at ZWL 161 million over the period, with an average of 25,271 traded shares per session. A volume high of 327,800 was achieved on November 8th for the same period. The table below details the last 10 trading days of activity of Tanganda Tea on the Zimbabwe Stock Exchange.


Profile of Tanganda Tea Company Limited

Tanganda Tea Company Limited was founded on April 4, 1930 and operates in the Consumer Goods sector, specifically, the Food Production industry.

Factsheet of Tanganda Tea Company Limited

Consumer Goods
Food Production
15 Vumba Road, Mutare, Zimbabwe

TANG Industrial Market Competitors

Tanganda Tea Company Limited, issuers of the TANG stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or Food Production industry. The table below presents an overview of the market standing of the top nine by year-to-date performance.

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange


  1. EmmanuelEmmanuel
    Apr 4, 2022 13:20 GMT

    Super performance

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