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Seed Co boosts Muzhingi

Wed, 1 Feb 2012 12:00:00

Three-time Comrades Marathon winner Stephen Muzhingi received a timely boost ahead of the 2012 Comrades Marathon after seed- producing company Seed Co became the first local company to partner with the decorated ultra-marathon runner. Muzhingi, who was accompanied by Zimbabwes granddad of long distance running, Freddy Kashiri, is currently in intensive training for the 2012 edition of the gruelling race which will be run on July 3 from Pietermaritzburg to Durban. Previously Muzhingi, who has...

Seed Co records increased revenue

Mon, 14 Nov 2011 12:00:00

SEED CO has recorded a 49% increase in revenue to US$30 million for the half year ended September 30 2011 from the same period last year. However, the increase in revenue did not translate to profitability as the company posted a US$1,4 million loss in the period under review the same as last year. Speaking at an analyst’s briefing last week, group chief executive Morgan Nzwere said sales volumes were up 63% compared to the previous period. Overheads were 24% higher than prior year...

Seed Co invests in technology

Mon, 14 Nov 2011 12:00:00

Seed Co says group production rose 71% in the first six months to September leaving the company with roll-over stock for the first time in a decade. During the period under review, the seed manufacturing firm narrowed its losses by 2% to $1 404 118 from $1 431 323 in prior year. Company secretary John Matorofa told an analysts briefing turnover went up to $30 388 834 from $20 350 899. He attributed the decline in loss to increased sales volumes of cotton and wheat. Chief executive officer...

Seed Co releases HY2011 interim results and presentation

Thu, 10 Nov 2011 12:00:00

The Board of Directors of Seed Co Limited is pleased to announce the release of the Group's interim results and analyst presentation for the half year ended 30 September 2011. Below is an extract of the financial highlights: Financial Highlights Turnover up by 49% to $30m Winter cereals sales volumes up 44% to 5441mt Significant cotton seed volumes vs nil last year Half year loss down 2% to $1,4m Construction for Zambia factory and office facilities...

Seed Co meets Govt's target

Thu, 10 Nov 2011 12:00:00

The Seed Co Group Zambia has completed production of 2,100 tonnes of treated maize seed which is part of the Government’s Farmers Input Support Program (FISP) for this year. The Government contracted the company to produce the seed. In an interview in Lusaka, Seed Co marketing manager Sililo Mundia said the consignment was part of the 25,000 tonnes of seed the company produced this year. Mr Mundia said the company had this year been contracted by the Government to supply 2100 tonnes of...

Seed striving to reassure Africa of food security

Sat, 24 Sep 2011 12:00:00

SEED Company Limited is conducting researches, breeds and produces seeds that are suitable to various ecological regions in Africa. Speaking to the ‘Daily News on Saturday’, the Group Public Relations and Communications Manager, Ms Marjorie Mutemererwa, said that it was determined as a seed company to make Africa a bread basket for the globe and not a basket case. Ms Mutemererwa is in the country meeting various stakeholders as part of the vigorous marketing and promotion...

Seed Co wheat sales up 26%

Thu, 8 Sep 2011 12:00:00

SEED CO wheat sales in the four months to July are up 26% on last year, MD Denias Zaranyika said. He said Seed Co exported 750 tonnes of wheat to Mozambique in the current season. Zaranyika said there was little in terms of exports, with only limited wheat and soya exports. He said in terms of seed availability for the 2011/12, season the demand was approximately 70 000 metric tonnes.Seed Co has 45 000 metric tonnes of the 70 000, he said. Zaranyika said the challenge was to turn the seed into...

Fake seed poses serious threat - Seed Co

Mon, 22 Aug 2011 12:00:00

GRAIN seed provider, Seed Co has said the growth and sophistication of fake seed grain is posing a serious food security risk to the country which has recently made significant gains in the agriculture sector. Speaking in an interview in Lusaka, Seed Co public relations and communications manager Marjorie Mutemererwa said the growth in the agriculture sector in the country was also bringing with it a growth in fake seed dealers. She said in an effort to come up with security features on the...

Seed Co builds business park

Fri, 19 Aug 2011 12:00:00

SEED CO Zambia, an African seed firm, has constructed a business park in Lusaka at a cost of US$8.5 million to ease processing and distribution of its product line. The business park will comprise a processing plant, state-of-the-art research farm, and a new head office. Company marketing manager Sililo Mundia said the factory will have the capacity to process seeds for both local and international markets. "We have constructed a business park along Mumbwa Road at a cost Of US$8.5 million. It...

Chisipite Volleyball team to SA

Fri, 5 Aug 2011 12:00:00

CHISIPITE Senior School volleyball team received a morale booster when they got a sponsorship package from Seed Co ahead of their tour in Mafikeng for the International School of South Africa volleyball festival scheduled for this weekend. Chisipite will be making their debut appearance at the three-day tournament that will run from Friday to Sunday after they were invited by the organisers of the event. The tournament is targeting Under-19 teams. Seed Co yesterday presented the team with...

Seeed Co: Craig urges farmers to prepare for new season

Fri, 5 Aug 2011 00:00:00

SEED CO head of marketing Mr Ivan Craig has challenged farmers to start mobilising capital and inputs for the 2011/12 agricultural season to take advantage of the first rains. Speaking in Harare last week, Mr Craig said preparations for next season should have started immediately after harvesting the 2011 crop. "Farmers should have done their winter ploughing just after harvesting their crops to allow soils to trap moisture and at the same time utilise crop residues. "After marketing...

Seed Co urges boost in food production

Fri, 5 Aug 2011 00:00:00

SEED CO has encouraged farmers to maximise production to reduce the effects of looming global food shortages. A boost in food production will ensure the country's food security and reduce money spent on imports. Speaking at a hand over ceremony of funds towards the Zimbabwe Commercial Farmers Union golf tournament, Seed Co public relations and communications manager Ms Majorie Mutemererwa said Zimbabwe was not immune to looming global food shortages. To this end, there was need for...

Seed Co Malawi to drill agro dealers

Wed, 3 Aug 2011 12:00:00

As one way of imparting knowledge to agro-dealers, Seed Co Malawi Limited has organised a two-day conference which will take place at Natural Resources College in Lilongwe starting today [Thursday]. In an interview on Tuesday, Seed Co Malawi Limited commercial manager Ralph Chirwa said the company appreciates the role that agro-dealers play in the distribution of seeds; hence, the conference. "We have invited 120 agro-dealers from all districts in the country so that we can deliberate on...

SEED CO: Notice of 16th Annual General Meeting

Tue, 12 Jul 2011 12:00:00

Notice is hereby given that the 16th Annual General Meeting of Seed Co Limited will be held in the Seed Co Administration Block at Stapleford on Wednesday 10 August 2011 at 12 noon for the purpose of transacting the following business: Ordinary Business To receive, consider and adopt the financial statements and reports of the Directors and Auditors for the year ended 31 March 2011. To appoint Directors Messers Dr. C Utete, J.P Rooney, J Matorofa and B Mudzimuirema retire by rotation...

Seed Co releases 2011 annual report

Tue, 12 Jul 2011 12:00:00

The Board of Directors of Seed Co Limited is pleased to announce the release of the Group's annual report for the year ended 31 March 2011. Below is an extract of the financial highlights. Financial Highlights - Revenue up by 27% to $97.8 million - Profit before tax up by 31% to $23.4 million - Profit after tax up by 4.0 million (30%) to $17.4 million - Sales volumes up by 15% To download the 2011 annual report for the year ended 31 March 2011 please click on the link below: ...

SEED CO: Dividend declaration

Wed, 6 Jul 2011 00:00:00

Notice is hereby given that at a meeting held on Thursday 16 June 2011, the Directors declared a final dividend for the year ended 31 March 2011 of 2.35 United States cents per share. The dividend will be payable to shareholders registered in the books of the company at the close of business on Thursday 7 July 2011. The transfer books and register of members of the company will be closed from 8 July 2011 to 12 July 2011, both dates inclusive. Dividend warrants will be posted on or about 14...

SEED CO: Launch of new website

Fri, 24 Jun 2011 12:00:00

Seed Co Limited is pleased to announce the launch of its new corporate website and online investor relations initiative on www.seedcogroup.com. "As the leading producer and marketer of certified crop seeds in Southern Africa, we recognize our stakeholders' requirement for regular and timely, agricultural, business and investor information. Accordingly, our interactive communication tools on our new website will be used as a key communications tool in our stakeholder outreach initiatives...

Seed Co releases FY2011 abridged results and presentation

Tue, 21 Jun 2011 12:00:00

The Directors of Seed Co Limited are pleased to announce the release of the Group's 2011 full year abridged results and analyst presentation for the period ended 31 March 2011. Below is an extract of the highlights from the commentary section. Highlights Sales Volumes up 15% Revunue up 27% Earnings up 30% Total Seed production up 23% with maize going up 80% World class seed handling facilities nearing completion in Zambia New...

Seed Co Zambia plant nears completion

Tue, 14 Jun 2011 12:00:00

The construction of a $5 million plant in Zambia by Seed Co Zimbabwe is nearing completion and plans are already underway to set up a similar plant in Malawi in the next few months. The Zambian plant that began in March last year is scheduled to be completed before the end of July. Seed Co chief executive officer Morgan Nzwere said the Zambian project was almost complete after which the Malawi project would commence. He said the company's strategic priority was to build a strong brand...

How can I register on this site?

Fri, 29 Apr 2011 12:00:00

Registration is done through the EmailAlerts section, accessible on our investor relations website, Seedcogroup.com. Once registered, you can opt-in to receive various communications from Seed Co Limited as e-mail alerts.

What is the physical address of our head office?

Thu, 28 Apr 2011 12:00:00

Shamwari Road, StaplefordP.O. Box WGT 64, Westgate Harare, Zimbabwe Phone: +263 4 2915 408-14Fax: +263 4 304 841Website: http://www.seedco.coEmail: seedco@seedco.co.zw

SEED CO: Zimbabweans urged to adopt children

Tue, 19 Apr 2011 12:00:00

The director of Harare Children's Home, Maria Sithole, has encouraged Zimbabweans to practice foster parenting by taking in disadvantaged children during holidays. Sithole said children staying at homes needed to have a feeling of belonging to a family. "There is not much of fostering during holidays hence we encourage the public to take part in bringing up these children by taking them in during school holidays and also those who want to adopt them can do so; all they have to do is...

Seed Co launches SMS platform

Mon, 11 Apr 2011 12:00:00

Seed Co Zimbabwe has introduced a strategy to ensure effective communication and feedback with all its customers through the launch of the bulk SMS, "SMS Mudhumeni". Through this facility Seed Co would be in a position to sustain customer relationship and management through sending agronomical advice in form of text messages to all its customers and stakeholders. A forum has been created, where farmers can ask questions and obtain responses to their enquiries. "In order to obtain as...

Handover ceremony to Harare Children's Home

Mon, 11 Apr 2011 12:00:00

At a recent mealie-meal handover ceremony to Harare Children's Home, the charity organisation's director, Mrs M. Sithole commended Seed Co for its continued and unwavering support for the past six years. Harare Children's Home depends on the community for both emotional and financial support. Seed Co is one of the organizations who are consistent in supporting the home. Seed Co's relationship with Harare Children's Home goes back to more than six years ago. In...

Seed Co releases new crop varieties

Thu, 24 Mar 2011 00:00:00

SEED CO Zimbabwe has released new crop varieties to ensure maximum production of all grains and oilseeds while in the process reducing the costs of production for the farmer in terms of crop disease control. Group research manager, Ephraime Havazvidi explained that the released new varieties were resistant to diseases and highly adaptable to the changing climatic conditions. "In the 600 series, the new SC637 is a high yielder and can be grown in natural region II B, with a potential output...

Seed Co in corporate social responsibility drive

Thu, 3 Feb 2011 12:00:00

The country's leading seed manufacturing company, Seed Co has taken a lead in corporate social responsibility by incorporating a "transforming livelihoods" initiative. Under the initiative Seed Co seeks to positively change lives of vulnerable, orphaned and underprivileged children throughout the country. Corporate social responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the...

Seed Co attains ISO re-certification

Wed, 15 Dec 2010 00:00:00

Seed Co Zimbabwe has been successfully re-certified to ISO 9001:2008 quality management systems. The re-certification enhances Seed Co's position as a market leader in the supply of seeds in Zimbabwe and Africa. 'Our commitment to superior product performance through research and innovations driven by the needs and expectations of our farmers is unquestionable. In this regard, we are continuously looking at ways to improve our operational efficiencies. This re-certification is...

Seed Co - ISO 9001:2008 official launch by the Managing Director

Sat, 11 Dec 2010 00:00:00

"The emigration from ISO 9001: 2000 to ISO9001: 2008 has seen us set up a project team, where all departments are represented, with the mandate to craft our procedures in consultation with the individual HODs", said Mr D. Zaranyika. "I am happy to report that this has been done successfully and we now have new procedures in place. The quality, procedures, corporate governance and finance manuals are now ready, including being pasted on our intranet. Let us all take ownership and implement what...

Seed Co Quality Policy Statement

Wed, 1 Dec 2010 00:00:00

According to Seed Co' s Quality Policy Statement, its mission, by incorporating ISO 9001:2008 principles into the management system, is to provide that World Class Quality of product and service which will satisfy their customers and thereby secure a position as a market leader in the supply of seed in Zimbabwe and Africa. Customer satisfaction is paramount to all Seed Co's operations and it will be achieved by: Commitment to superior product performance through research and...

Seed Co proudly turns 70

Thu, 23 Sep 2010 00:00:00

Seed Co was formed in 1940 in an effort to ultimately conceive consistency in providing farmers with improved high performing seeds with tolerance to diseases and droughts. Hence in turn saw the introduction of the hybrid maize seeds that revolutionized agriculture in this country. Research and breeding programmes were engaged to determine seeds that are high yielding, disease and drought tolerant as well as suited to the various agro-ecological regions that have different characteristics...

Zaranyika turns around Seed Co Zimbabwe and takes the company to greater heights

Thu, 23 Sep 2010 00:00:00

Seed Co has gone through many major milestones in turning 70 years. For the past 70 years Seed Co has developed from one greater level to the other in seed production and distribution both locally and regionally. Seed Co is therefore celebrating 70 years of partnership and engagements with seed growers, farmers, government, extensionists, donors, NGOs, traders, fertilizer, chemical companies, banks and the community at large. These stakeholders have immensely contributed to the growth of Seed...

Seed Co donates blankets

Fri, 13 Aug 2010 12:00:00

Seed Co donated blankets, seeds and cash to hundreds of families in Mutoko to mark the International Family Day commemorations. "Undoubtedly the bulk of our business in Zimbabwe revolves around the family unit and you can see how this is expressed in the resettlement and communal farming sectors of our country where farming is the main occupation. "It is therefore important for us, as a business, to promote the ideals of the family unit in a practical way and hence the donations," said...

Seed Co sponsors SADC Prisons Games

Thu, 15 Jul 2010 00:00:00

At a colourful ceremony yesterday, Seed Co assisted Zimbabwe Prison services one of its seed producers with netball and volleyball uniforms worth an estimated value of US8 000 dollars. The netball and volleyball teams are going to participate in the 2010 SADC Prisons/Correctional Games to be held in Zambia in August 2010. Seed Co's public relations and communications manager Marjorie Mutemererwa presented 2 volleyball kits consisting of 10 uniforms per kit, a netball kit with 10...

Seed Co releases the 2010 annual report

Fri, 9 Jul 2010 12:00:00

Introduction I am very pleased to be presenting my first report as Chairman for the Group.The Group has done very well to defend its market dominancy during the tough times we have experienced, which were exacerbated by the global recession, and is now poised for significant growth. Environmental overview The year just ended was characterized by a severe liquidity crisis arising from the global recession which saw borrowing rates increasing significantly. Allied to this was the general seed...

Dividend not too far away – Seed Co

Tue, 22 Jun 2010 12:00:00

Seed Co Limited says shareholders of Zimbabwe's premier breeder of a variety of hybrid seeds are quite close to receiving a cheque from the company after it closed its books for the full year with a comfortable post-tax profit of $13,4 million or $6,69 basic earnings per share. Seed production in all its operating and export markets increased after demand soared, led by Malawi, Zambia, Tanzania and Zimbabwe, which received a boost from intensifying government and non-governmental...

SEED CO: Notice of 15th AGM

Thu, 17 Jun 2010 12:00:00

Notice is hereby given that the 15th Annual General Meeting of Seed Co Limited will be held in the Seed Co Administration Block at Stapleford on Monday the 2nd of August 2010 at 12 noon for the purpose of transacting the following business: Ordinary business To receive, consider and adopt the Financial Statements and reports of the Directors and Auditors for the year ended 31 March 2010. To appoint Directors, Messrs D Long, F Rwodzi and P Devenish who retire by rotation...

SEED CO: Farmers to retain the Bread Basket of Africa

Wed, 24 Mar 2010 12:00:00

At a field day at Seed Co Rattray Arnold Research Station on the 23rd of March 2010, the guest of honor, Mr S. Hungwe, the Zimbabwe Farmers Union President urged all farmers to work hard towards attaining higher yields to retain Zimbabwe's position of being the bread basket of Africa. "Let us retain the position of being the bread basket of Africa. This country used to be responsible for food security in the SADC region. Therefore I appeal to you all communal farmers to make use of the...

Seed Co awarded a Gold Medal

Sat, 5 Sep 2009 00:00:00

The organisation's endeavors were rewarded in August, when Seed Co received their gold award for the Best Display by an Exhibitor manufacturing for Agriculture Sector and Food processing at the 99th edition of the Zimbabwe Agricultural Show held on the 24th to the 29th of August 2009. Seed Co was last awarded in 2006. For the past two years, there was a challenge of a reduction in the number of exhibitors. The organization also won other awards in other categories, that is, it obtained...