TOBACCO Sales Limited (TSL) says it has lined up several initiatives to increase warehousing capacity which are earmarked for completion before the end of October this year.
The Zimbabwe Stock Exchange (ZSE)-listed tobacco processing firm, also with operations in agriculture commodities logistics, recently completed a 15 000 square meter warehouse facility for an undisclosed client, expanding the portfolio size by nine percent.
In its financial results for the year ended October 31, 2024, the group said average occupancy rate at its warehouse for the period under review stood at 88 percent.