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The country’s largest seed producer, Seed Co Limited, says it has enough capacity to meet local market’s seed requirements for the 2018/19 agriculture season.In an interview on the sidelines of the group’s financial results presentation yesterday, group chief executive Morgan Nzwere, said despite the economic turbulence and uncertainties that came with it, the market was guaranteed of enough supplies of seed in this season at affordable prices.
“Our capacity to meet demand is not compromised. The seed will be available and has to remain affordable for the customers. On the other hand, the company has to evaluate capacity to pay growers due to inflationary prices that are affecting the economy as a whole.
“It is a very challenging issue when the price has to be regulated by the Government and the supplier’s demands cannot be compensated by the low prices for the seed,” he said. — Herald Business.
Bongani Ndlovu