TSL | Annual General Meeting notice

June 26th, 2020|

Notice is hereby given that the Sixty-Second Annual General Meeting of the shareholders of TSL Limited (‘the Company”) will be held virtually at https://eagm.creg.co.zw/eagmzim/Login.aspx on Wednesday, 15 July 2020 at 1200 hours for the purpose of transacting the following business: SPECIAL BUSINESS 1. To approve the convening of an annual general meeting and any other [...]

TSL Limited | Appointment of Group Chief Finance Officer

June 5th, 2020|

The Board of TSL Limited is pleased to announce the appointment of Patience Shiri as Group Chief Finance Officer (CFO), and as an Executive Director of the Board, with effect from 1 May 2020. Patience has been acting CFO of the Company since 19 June 2019. Patience is a qualified chartered accountant, having trained with [...]

TSL Limited | Special trading update – Effects of Covid-19

May 15th, 2020|

The World Health Organisation declared COVID-19 as a global pandemic on 11 March 2020. Subsequently, the Government of Zimbabwe gazetted a 21-day national lockdown from 30 March 2020 to 19 April 2020. This lockdown was extended by 14 days to 3 May 2020 and has since been further extended by 14 days to 17 May [...]

TSL | Trading update for the first quarter ended 31 January 2020

March 16th, 2020|

Operating environment The operating environment remains volatile and unpredictable characterised by limited availability of foreign currency, unstable exchange rates and fuel shortages. Rising inflation continues to erode disposable incomes and reduce consumer spending power. The country largely experienced a very dry start to the summer season. Initial forecasts of a severe drought were subsequently averted [...]

TSL Limited Group abridged audited results for the year ended 31 October 2019

February 28th, 2020|

The Directors of TSL Limited are pleased to announce the Group’s abridged audited results for the year ended 31 October 2019. Functional currency from US$ to ZWL$ Inflation adjusted accounts disclosed as primary set of accounts Professional valuation of the real estate portfolio done in US$, no ZWL$ inputs Conservative valuation taken Financial position remains [...]