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...

By Staff reporter | Published: 05 December 2018

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...

By Staff reporter | Published: 04 December 2018

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 ...

By Staff reporter | Published: 18 July 2018

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...

By Staff reporter | Published: 18 July 2018

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...

By Staff reporter | Published: 12 June 2018

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...

By Staff reporter | Published: 08 June 2018

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 ...

By Staff reporter | Published: 06 June 2018

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 ...

By Staff reporter | Published: 04 June 2018

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...

By Staff reporter | Published: 04 June 2018

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 ...

By Staff reporter | Published: 18 May 2018

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...

By Staff reporter | Published: 12 April 2018

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...

By Staff reporter | Published: 26 March 2018

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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

LANDS & AGRICULTURE

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
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