BAT Zimbabwe faces liquidity pressure despite debt-settlement TBs
British American Tobacco (BAT) Zimbabwe is continuing to manage a liquidity squeeze linked to legacy foreign-currency obligations, with the cigarette maker warning that long-dated Treasury Bills (TBs) received in settlement of blocked funds cannot provide short-term operating cash.
TSL posts US$43m nine-month revenue, projects mixed outlook due to El Niño
TSL Limited recorded an eight percent increase in revenue to US$42.9 million for the nine months to July 2026, driven by stronger performance across its agricultural and tobacco businesses, but projected an uncertain outlook due to a forecast Super El Niño.
Zimbabwe’s tobacco regulator urges diversification as 2026 season closes on low note
The Tobacco Industry and Marketing Board (TIMB) has urged tobacco growers to diversify into other commercial enterprises after 2026’s marketing season fell short of expectations.
BAT invests in energy efficient operations to cut costs, environmental impact
British American Tobacco Zimbabwe (BAT) has upgraded its manufacturing operations with energy-efficient lighting and vacuum pump systems as it steps up efforts to reduce energy costs, improve profitability and lower its environmental footprint.
Zim tobacco earnings reach US$860.64 million
Zimbabwe’s tobacco earnings have reached US$860.64 million since the beginning of the 2026 marketing season, way below last year’s sales due to depressed international prices.
BAT job cuts, outsourcing to hit 20pct of staff by year-end
British American Tobacco Plc is reducing its 47 000-strong global workforce by about one-fifth as part of its sweeping plan to bring down costs and simplify operations.
TSL shareholders approve ZSE exit ahead of VFEX migration
TSL Limited shareholders have overwhelmingly backed the company’s plan to delist from the Zimbabwe Stock Exchange (ZSE) and migrate to the Victoria Falls Stock Exchange (VFEX), clearing the final shareholder hurdle for a move the board says will better reflect the group’s predominantly United States dollar business.
TSL diversifies revenue streams, ups investment in industrial property
TSL is expanding its investments in industrial property and logistics infrastructure as it seeks to diversify earnings and reduce heavy reliance on agriculture, which currently accounts for nearly three-quarters of the group’s revenue.
TSL profits up 45pct
Diversified group TSL Limited posted strong interim results for the half year ended 30 April 2026, with profit after tax rising 45percent to US$5.6 million, supported by robust performances across its agriculture, logistics and tobacco-related businesses.
Zim tobacco sales inch towards $1 billion
According to the Zimbabwe Tobacco Association (ZTA), so far a total 332,871,321 kg have been sold at an average US$2.50 per kg.