Seed Co waits on RBZ for external listing plans

Regional seed producer, Seed Co is awaiting exchange control approval to proceed with plans to list the group's external business, aimed at raising funding to finance growth, chief executive Morgan Nz...

By Staff reporter | Published: 12 January 2018


SeedCo Zim targets 275% maize growth

Zimbabwe's largest seed producer, SeedCo, says it is targeting to increase maize production in the small-holder sector by 275% from the current 0.8 tonnes to 3.0 tonnes. SeedCo Zimbabwe managing direc...

By Staff reporter | Published: 15 December 2017


SeedCo loses 25% soya seed to disease

SEED manufacturer SeedCo has lost about 25 percent of its soya bean seed stock for the 2017/2018 season to a resurgent stem rot disease called sclerotinia, a senior executive has said. The company's g...

By Staff reporter | Published: 07 December 2017


SeedCo in $3.5m capex increase

LEADING seed manufacturer SeedCo increased its capital expenditure by 9.4 percent to $3.5 million during the half-year ended September 30, 2017 compared to $3.2 million during the corresponding period...

By Staff reporter | Published: 28 November 2017


SeedCo revenue up 45%

Africa's largest seed producer, SeedCo, said its revenues went up by 45 percent to $36 million in the half year to September 2017 compared to $24,8 million in the same period last year due to early ma...

By Staff reporter | Published: 27 November 2017


Seed Co hails new dispensation

SEED CO group CEO Morgan Nzwere says the leadership change that has taken place in the country and the political and economic stability sweeping across African markets is good for business.Nzwere told...

By Staff reporter | Published: 26 November 2017


SeedCo revisits incentive scheme

LEADING producer and marketer of certified crop seeds, Seed Co, has revised its employee incentive programme.The company is now granting employees shares equal in value to the appreciation of the comp...

By Staff reporter | Published: 05 October 2017


Command Agric boosts SeedCo winter growth

SEED Co Group, Africa's biggest seed producer, says the Government's 2017 Command Agriculture Programme boosted demand for winter cereals, which saw the group registering a 257 percent growth in overa...

By Staff reporter | Published: 29 September 2017


Seedco seeks $30m to finance growth

Seedco, the leading seed producer in Southern Africa, intends to raise $30million to finance growth by listing its external operations across Africa and counter growing completion in regional market. ...

By Staff reporter | Published: 22 September 2017


SeedCo seeks alternative listing

Zimbabwe Stock Exchange-listed seed producer, SeedCo, is seeking alternative listing on a regional stock exchange to raise capital for its expansion projects.This comes as the country is experiencing ...

By Staff reporter | Published: 04 July 2017


SeedCo records $15m profit

Zimbabwe Stock Exchange-listed agriculture concern, SeedCo Limited (SeedCo), registered a 27 percent increase in profits to $15 million in the full year to March 2015 from $11 million in the prior per...

By Staff reporter | Published: 22 June 2015


SeedCo equity capital to slush funding costs

SEED CO will receive the last tranche of capital amounting to $28 million from its US technical partner Limagrain before end of year under an equity deal valued at $40 million.The funding is expected ...

By Staff reporter | Published: 30 June 2014


Govt to consolidate $27m SeedCo debt

The Government has agreed to consolidate the $27 million debt owed to Seed Co (Pvt) Limited by various Government departments for seed supplied under agricultural input schemes since 2007. Seed Co is ...

By Tinashe Makichi | Published: 30 May 2014


SeedCo named Employer of the Year

INDUSTRIAL Psychology Consultants (Pvt) Ltd (IPC)  has awarded Seed Co the best employee award for the year ended 2013.Seed Co was selected through a survey which was conducted by the IPC to esta...

By Staff reporter | Published: 06 May 2014


SeedCo to offload 49% of Quton

SeedCo is close to selling part of its shareholding in Quton, a cotton seed developer, to an Indian company Mahyco for a yet to be disclosed amount, sources said. SeedCo announced last year that...

By Staff reporter | Published: 07 February 2014


Sedco, Westia Group sign funding MoU

Local equipment distribution company Westia Group last week signed a memorandum of understanding with the Small Enterprises Development Corporation that will see beneficiaries' access equipment on cre...

By Staff reporter | Published: 30 January 2014


SeedCo close to selling Quton

Seed manufacturer, Seed Co Limited, is close to sealing a deal for the disposal of its cotton planting seed unit, Quton, to an Indian firm Mahyco.The deal is expected to improve cotton production in t...

By Staff reporter | Published: 14 November 2013


SeedCo reports interims loss, as per tradition

SeedCo recorded a first half loss of $12.8m compared to $8.9m in the prior year. This is as per SeedCo tradition. Group Chief Executive Officer Morgan Nzwere said the company was looking forward to...

By Staff reporter | Published: 07 November 2013


SeedCo to retire debt

SEED Co Limited will raise enough funds to retire at least 17 percent of its debt from the sale of part of its stake to US seed firm Vilmorin Cie, financial analysts IH Securities have said.Zimbabwe's...

By Staff reporter | Published: 29 October 2013


SeedCo helps ZSE Industrials scratch out gains

Trading activity remained weak on the ZSE on Tuesday but gains in SeedCo, buoyed by the pending technical and equity partnership deal with Vilmorin and Cie SA, helped the Industrials stay in the posit...

By Staff reporter | Published: 15 October 2013


SeedCo in technical-equity partnership with Vilmorin & Cle

Seed Co is seeking shareholder approval to implement the proposed strategic technical-equity partnership with Vilmorin & Cle, a NYSE Euronext Paris Stock Exchange listed company which is a world l...

By Staff reporter | Published: 11 October 2013


SeedCo eyes $40m in equity deal

SEED CO will raise a total of $40 million fresh capital after selling a 25 percent stake to New York Stock Exchange-listed seed firm Vilmorin and Cie SA in a technical and equity partnership deal.Its ...

By Business Reporter | Published: 10 October 2013


AICO to get $48m for SeedCo stake

AICO Africa Ltd could receive $48 million for the sale of its 20 percent shareholding in SeedCo to a United Kingdom based seed company Limagrain, a premium of more than 48 percent of the seed firm's ...

By Business reporter | Published: 01 October 2013


AICO to complete SeedCo sale by November

ZSE- Listed agro-industrial conglomerate, AICO Africa Limited is to complete the disposal of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, by the end of November.Th...

By Staff reporter | Published: 12 September 2013


SeedCo optimistic about the coming agric season

SeedCo Chief Executive Morgan Nzwere told the AGM yesterday that SeedCo is optimistic about the forthcoming agriculture season as they expect the new government to pursue pro-agriculture policies.&nbs...

By Business reporter | Published: 30 August 2013

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