Nampak Zimbabwe sells majority stake to TSL amid challenging economic conditions
By Tawanda Karombo | Published Apr 10, 2025
South African packaging manufacturer Nampak has concluded a $25 million agreement to sell its Zimbabwean unit to TSL Limited, a Harare-based logistics company. The transaction, now subject to suspensive conditions, aligns with Nampak's asset disposal plan while the Zimbabwe unit faces challenges from currency instability and policy changes