Sundaymail EditorOnline Reporter
Agriculture remains the backbone of Zimbabwe’s economy, contributing 60 percent of raw materials to the manufacturing sector, with seed companies playing a central role in the development of the agricultural value chain, a Cabinet Minister has said.
Speaking at the launch of Seed Co’s 85th anniversary commemorations in Harare, Industry and Commerce Minister Mangaliso Ndlovu, who was represented by Industry Permanent Secretary, Dr Thomas Ushe Utete, praised the contribution of seed companies to the sector.
He said participation of seed companies in the value chain ensures a reliable supply of inputs, which boosts food production, reduces import dependency and stabilises market prices.
“The manufacturing sector receives 60 percent of its raw materials from agriculture, and we are encouraged that Seed Co is involved in the value chain by providing inputs for our industries as they are key raw materials sources,” said Minister Ndlovu.
Minister Ndlovu said the Government is implementing National Development Strategy 1 (NDS1), which is focused on enhancing value chains and driving structural transformation in the economy.
“The objective is to boost the manufacturing sector through value addition and beneficiation of agricultural and mineral resources,” he said.
Under NDS1, ten key manufacturing value chains have been prioritised, six of which are agro-based – cotton, dairy, fertilizer, leather, soya, and sugar.
The remaining four focus on plastic waste, pharmaceuticals; buses, trucks and engineering, iron and steel.
Seed Co Group chief executive officer Mr Morgan Nzwere said the company is committed to shaping the future of agriculture by expanding into new markets and enhancing digital solutions for farmers.
“While we reflect on 85 years of success, we know the journey is far from over,” he said.
“With the support of our incredible farmers, partners and stakeholders, we will continue to expand, innovate and keep growing — growth never stops at Seed Co.”
Online Reporter