SeedCo H1 loss grows 66pct to $9,3mln

HARARE, November 28 (The Source) – Zimbabwe’s seed producer SeedCo’s loss widened by 66 percent to $9,3 million from $5,6 million due to inventory write-offs and exchange losses in the six months to September 30. Revenue rose by a third to $24,8 million, driven by… Read More

SeedCo invests $10m to grow its Malawi unit

LILONGWE, November 12 (The Source) – Zimbabwe’s largest seed producer, SeedCo Holdings, which has interests in 15 African countries, has invested $10 million to grow its Malawian unit. Chief executive Morgan Nzwere told delegates at the company’s launch of its new Malawi business premises that… Read More