Logistics business drives TSL revenues
Propak Hessian, however, saw volumes at 27% below prior year cumulatively due to lower uptake of product by tobacco merchants as the national crop size declined.
By Melody Chikono
Sep. 18, 2024
TSL revenue up 229% in Q3
During the period, TSL cumulatively handled 51,9 million kilogrammes of tobacco, a 125% increase on prior year’s figures.
By Melody Chikono
Sep. 21, 2023
18% drop in tobacco deliveries at auction floors
In contrast, prices jumped by an average of 4,72% to US$2,97 per kg compared to the previous season. Prices were US$3 per kg on the contract floor and US$2,79 at the auction floors.
By Mthandazo Nyoni
Mar. 28, 2023
Tobacco sales drop by 48%
Zimbabwe produced 211 million kilograms of tobacco in 2021 and 212 million kilogrammes in 2022.
By Mthandazo Nyoni
Mar. 10, 2023
Tobacco selling season kicks-off today
This year, the tobacco marketing season is opening earlier than usual in a bid to curb side-marketing and also ensure the season ends before the harmonised elections.
By Melody Chikono
Mar. 8, 2023
Tobacco sales rake in US$650,3 million
Last year, the southern African country earned US$589,6 million from the sale of 211,1 million kilogrammes of tobacco.
By Mthandazo Nyoni
Oct. 27, 2022
Corrupt Harare chefs behind shocking ecological disaster
Local News
By Tinashe Kairiza and Julia Ndlela
Dec. 20, 2024
Zanu PF battles for influence amid Sadc-wide poll crises
Local News
By Tinashe Kairiza and Tinofara Chiwanza
Dec. 20, 2024
