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Home » Good rains lift SeedCo

Good rains lift SeedCo

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SEEDCO International (SCIL) says revenue grew by 26 percent to US$88,5 million during the year ended March 31, 2021, driven by good rains received across its markets.
The company, which is dually listed on the Botswana Stock Exchange and the Victoria Falls Stock Exchange (VFEX), has subsidiaries across the region reaching as far as Democratic Republic of Congo, Ghana and Kenya.

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“The group’s selling season witnessed above average rainfall across most countries which drove seed demand together with firm maize commodity prices and stakeholders’ support towards food security in the wake of the pandemic,” the company said last week in a statement accompanying its results.

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