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.
TSL, First Mutual Properties exit ZSE amid growing undervaluation concerns
Agro-industrial group TSL Limited and real estate firm First Mutual Properties (FMP) have exited the Zimbabwe Stock Exchange (ZSE) effective Thursday, with both firms raising undervaluation concerns.
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.
TSL says “well-positioned” for tobacco boom
Agricultural and logistics group TSL Limited says it has invested in “positioning and preparing” itself to leverage this year’s tobacco industry boom.