Paul Nyakazeya, Group Digital Editor 
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SEED CO says its profit margins have been dampened by the growing gap between the official and parallel market exchange rates.
This comes as a number of businesses, including RioZim and Ariston Holdings (Ariston), have suffered the same fate due to the country’s currency disparities and “harsh” exchange controls.
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The Reserve Bank of Zimbabwe’s auction system closed for the holidays a fortnight ago with the rate at US$ 1:108,7 ZW$ — a discount of between 80 to 100 percent relative to rates on the grey market.
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