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
Competition, operational disruptions weigh on Nampak margins
The group remains debt-free and continues to invest in capital expenditure using internally generated funds, hence no interim dividend was declared.
By Morgan & Co
Jun. 6, 2025
Securities firm tips ‘agile stocks’ for growth
In its April 2025 monthly report, IH Securities said the ZSE market capitalisation weakened to ZiG58,08 billion in April, down 7,12% from ZiG62,53 billion in March.
By Tatira Zwinoira
May. 12, 2025
TSL sets dates on finalising Nampak Zimbabwe acquisition
The handling volumes were resultantly depressed as most of the fertiliser received will be distributed to customers in Q2.
By Tafadzwa Mhlanga
Mar. 20, 2025
Premium
TSL’s US$25m deal for Nampak acquisition in advanced stage
At the end of the period, the group just had US$1, 03 to every dollar of short-term debt, leaving the firm dangerously close to becoming illiquid.
By Tatira Zwinoira
Mar. 2, 2025
Nampak records 56% profit drop as revenues shrink
This drop in trading profit is from a 2023 comparison.
By Ashton Ndakusiya
Feb. 16, 2025
Tight monetary policy, global disruptions to weigh on Nampak Zim’s recovery
Zimbabwe has projected a 10% increase in tobacco hectarage for the 2024/25 agricultural season.
By Mthandazo Nyoni
Feb. 5, 2025
Nampak Zim focused on cost control, as PAT halves in FY24
Talks are reportedly still ongoing for the disposal.
By Blessed Ndlovu
Jan. 31, 2025
Risks loom large in TSL, Nampak deal
According to Nampak South Africa (Nampak SA), TSL will acquire 51,43% of Nampak Zim for US$25 million.
By Mthandazo Nyoni
Nov. 8, 2024
