ZIMBABWE

Seedco seeks to merge Zimbabwe operations for secondary listing

Pursuant to the proposal to transfer the ZSE Secondary Listing of Seed Co International Limited from the ZSE to the soon to be established VFEX, a proposal to merge the Zimbabwean operations, held und...

LANDS & AGRICULTURE

Tobacco seed sales decline 20%

TOBACCO seed sales have declined by 20%, with the volumes being the lowest since 2015, a development that could see reduced hectarage of the crop next season, a Zimbabwe Tobacco Association (ZTA) repo...

LANDS & AGRICULTURE

Increased revenue drives Seed Co PAT to US$90,7m

Seed Co Limited posted an after-tax-profit of US$90,7 million in the year ended March 31, up from US$21,4 million recorded in the prior year, driven by an increase in revenue.Revenue was up 16% to US$...

BUSINESS NEWS

Seed Co issues fake seeds warning

REGIONAL seed producer, Seed Co, has warned against buying uncertified seed, saying it has poor germination rate and results in low yields. Seed Co southern region manager, Mr Charles Munyoro, said fa...

INDUSTRIALS & ENERGY

SeedCo works on developing local rice seed

GIANT seed house, SeedCo says it is working on developing rice varieties suitable for local climatic conditions to reduce the country's reliance on imports. Naturally the cereal originates in tropical...

LANDS & AGRICULTURE

Seed-Co developing rice varieties

Regional seed producer Seed-Co says it is working on developing rice varieties suitable for the local climatic conditions in order to scale back the country's reliance on rice imports.Naturally, the c...

INDUSTRIALS & ENERGY

Fair valuation boosts Seed Co profit

SEED CO posted a $69,03 million profit after tax for the half-year ended September 30, 2018 following a fair valuation of its subsidiary, Seed Co International Limited.The fair valuation was undertake...

INDUSTRIALS & ENERGY

Seed Co in tax avoidance dispute

Zimbabwe's special court for income tax appeal has dismissed with costs a long list of preliminary points made by Zimbabwe Stock Exchange-listed seed manufacturer Seed Co Limited (Seed Co) in its appe...

LANDS & AGRICULTURE

Agriseeds eyes regional market

LOCAL seed manufacturer Agriseeds (Pvt) Ltd is now looking into the southern African region for potential synergies, as the company looks to lift its capacity to 100% in the next two years.The regiona...

LANDS & AGRICULTURE

Zim farmers urged to grow sesame seeds

Local farmers have been urged to grow sesame seeds for export with indications that global imports of the oldest oilseed crop raked in $2,2 billion in 2017.Sesame seed is one of the oldest oilseed cro...

INDUSTRIALS & ENERGY

Seed Co unbundling 71% in Seed Co International

SEED Co Limited board has proposed to its shareholders to partially unbundle 71% of its Seed Co International Limited shares by way of a pro rata dividend-in-specie distribution as part of a strategy ...

LANDS & AGRICULTURE

SeedCo to raise $19,2m for regional expansion

Regional seed manufacturer Seed Co Limited seeks to raise $19 million through a partial unbundling, which will also result in separate listings of its regional operations. The seed producer wants to u...

LANDS & AGRICULTURE

Seed demand to remain unchanged

Demand for seed in the 2018/2019 season will remain unchanged because the Command Agriculture programme will still likely be in place, financial analysts IH Securities have said.In an analysis of Seed...

LANDS & AGRICULTURE

SeedCo contends with production shortfall

SeedCo says it is occupied with dealing with product shortfalls which have negatively impacted on the seed company.The Zimbabwe Stock Exchange-listed pan-African company's chief executive officer Morg...

LANDS & AGRICULTURE

Mahyco to buy further stake in Quton

ZSE entity Seed Co has received an expression of interest for the acquisition of its 40 percent in Quton's Tanzania and Malawi based operations that have earmarked for disposal, chief executive office...

LANDS & AGRICULTURE

Seed Co profit jumps 5%

Zimbabwe Stock Exchange (ZSE) listed seed producer, Seed Co, after tax profit for the year to March 31, 2018 surged 5 percent to $21,4 million despite the group being afflicted by a number of adverse ...

BUSINESS NEWS

Sirdc to double hybrid seed output

The Scientific and Industrial Research and Development Centre (SIRDC) is targeting producing 1 000 tonnes of maize seed for the 2018/19 cropping season, up from 600 tonnes last year to meet growing de...

LANDS & AGRICULTURE

SeedCo revenue down 5%

A combination of adverse factors saw pan-African seed giant Seed Co record lower than expected sales volumes and revenue for the year-ended March 31, 2018. According to chief executive officer Morgan ...

LANDS & AGRICULTURE

Seed Co takes farmers to global expo

Local seed company Seed Co's thought leadership initiatives recently saw 30 farmers being flown to South Africa to join about 80 000 agriculture stakeholders across the globe at the Nampo Park Exhibi...

LANDS & AGRICULTURE

Seed Co invests in growing farmer yields

Hybrid seed processing company, Seed Co, has started running the Eleven Tonne Plus Club Promotion, targeting commercial farmers with at least 10 hectares of the firm's seed varieties grown during the ...

Quton releases new cotton hybrid seed

Zimbabwe's major cotton seed producer Quton, has released new cotton hybrid seed with a higher yield potential compared to current non hybrid varieties, in a move that is set to revive the country's c...

LANDS & AGRICULTURE

Minister commissions seed bank in Mudzi

Minister of State for Mashonaland East Provincial Affairs David Musabayana last week commissioned a seed bank that is expected to be used by farmers in Mudzi District to store small grains.Addressing ...

LANDS & AGRICULTURE

Seed Co introduces new varieties

Seed Co, Zimbabwe's biggest supplier of a variety of certified crop seeds, has introduced a new climate smart variety of maize seed known as SC 649.The new breed of maize seed (SC 649), is meant to ad...

BUSINESS NEWS

SeedCo invests US$28million in research

Zimbabwe's largest seed company, Seed Co Private Limited, has invested over US$28 million towards research over the past six years as the company intensifies efforts to compete on the global market, a...

ANNOUNCEMENTS

SEED.zw | Increase in shares in issue

Details:- Shares before : 241 401 840- Shares added : 329 000- New shares in issue : 241 730 840- Effective date : 7 February 2018- Reason : Share Option Scheme...