TSL nears US$100m asset mark as cash surges fivefold
TSL chairperson Anthony Mandiwanza said the improved cash position strengthened the group’s liquidity and balance sheet metrics.
By Belinda Chiroodza
3h ago
TSL eyes three big projects in diversification drive
The revenue growth was driven by volume recovery across all business units, supported by the strong 2024/25 tobacco season.
By Belinda Chiroodza
19h ago
Nampak renews bid to offload Zim stake
The South African packaging giant had entered into a non-binding agreement on September 30, 2024 to sell its 51,43% stake in Nampak Zimbabwe Limited (NZL) for US$25 million.
By Melody Chikono
Dec. 12, 2025
Nampak concludes sale of Zim unit to TSL
As of March, Nampak Zimbabwe Limited’s assets were recorded at ZAR600,1 million (US$34,28 million).
By Ruth Maseko
Aug. 14, 2025
TSL closes in on US$25m Nampak Zim acquisition... transaction awaits shareholders’, regulatory nod
A binding sale and purchase agreement has already been signed between the parties, he said, marking a significant milestone in finalising the transaction.
By Concilia Mupezeni
Jul. 4, 2025
TSL still in talks to buy Nampak Zimbabwe for US$25m
Accordingly, TSL advised shareholders to exercise caution when dealing in its securities.
By Tatira Zwinoira
Nov. 15, 2024
‘Multiple exchange rates hurting business’
In a statement attached to its financial results for the year ended October 31, 2022, TSL said costs increased by 162% owing to interest rate hikes.
By Freeman Makopa
Apr. 6, 2023
TSL records 106% revenue surge
TSL’s other subsidiary, Agricura recorded significant volume growth last year in its major product lines as a result of improved product availability and market reach.
By Rugare Mubika
Mar. 24, 2023
