The principal reasons for the Meikles – Tanganda Demerger  are:

• To establish Tanganda as a dedicated stand-alone business attractive to investors and able to pursue business ventures within the value-added diversified agricultural sector in Zimbabwe;
• To enable Meikles and Tanganda in future to raise funding with conditions suitable for the type of businesses they are in;
• To enable the Group and Tanganda to report independently to the public and be judged correctly when compared to similar businesses; and
• To unlock shareholder value and allow the two businesses to expand and grow on their own merits