TSL bets on tobacco boom

TSL’s financial position strengthened during the year, with total assets increasing by 11 percent to US$99,4 million.

TSL is banking on the anticipated tobacco boom this season, driven by a favourable rainfall pattern and robust irrigation infrastructure. The Tobacco Industry and Marketing Board has reported a 22 percent increase in the area under irrigated tobacco to an estimated 24 000 hectares, alongside growth in the total planted area to 113 536 hectares…

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