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
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