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
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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
Nampak exits Zim, sells subsidiary for US$25m
Nampak’s 51,43% share of the net assets of the Zimbabwe unit was valued at ZAR292,5 million (US$16,66 million) as at September 30, 2023.
By Tatira Zwinoira
Oct. 24, 2024
Nampak Zim sees slowdown in sales volumes
He said the firm would focus on cost cutting measures to preserve margins and improve profitability, considering the macroeconomic challenges.
By Tafadzwa Mhlanga
Aug. 16, 2024
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Zimra’s unaccounted deposits cause tax woes
Acting auditor general Rhea Kujinga said the unaccounted funds have led to unintended consequences for clients.
By Mthandazo Nyoni
Jul. 14, 2024
