TSF sets up efficient farmer payment system

The Tobacco Industry and Marketing Board has projected that deliveries will reach 400 million kilogrammes this season, up from 355 million kilogrammes delivered last year.

TOBACCO Sales Floor (TSF) has upgraded its internal farmer payment system, enabling it to credit farmers’ accounts in under an hour after settling sales across all banking networks. TSF, a subsidiary of the Zimbabwe Stock Exchange-listed TSL, has been using TSL Pay for the past four years, paying farmers soon after they completed their sales…

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