Seed Co seeks tax offsets on government debt

This company’ shift to alternative energy sources ameliorates the burden of over dependence on unreliable power from the national grid amid concerns by industry of significant operational downtime due to persistent power cuts.

SEED Co Limited (Seed Co) wants to negotiate for tax offsets with the government of Zimbabwe in a bid to cull the outstanding US$40 million it is owed for seed delivery under various state-run agriculture programmes.The government is the largest buyer of seed from local producing companies, which it distributes to farmers through its subsidy…

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