(HERALD) Firm launches agro chemical scheme in support of Government initiative
Firm launches agro chemical scheme in support of Government initiativeBusiness Reporter
LOCAL company, EM Holdings Limited has launched an agro chemical scheme to supplement Government’s inputs initiatives in preparation for the coming summer season.
EM Agro Industries trading under the name Westbay has launched the scheme to boost the country’s food security initiatives.
The company’s objective is to actively participate in the rejuvenation of the Zimbabwean economy particularly the agricultural sector.
The inputs programme targets smallholder and large scale farmers growing maize this season under a contract farming model. The cost of the chemicals will be taken off the crop payment price to the farmers when they harvest and market their crop.
For recovery purposes, EM will provide a ready market for their portion of the crop, paying market rates for crops delivered, a company spokesman said.
Because of its commercial farming focus, EM Agro Industries through its chemical scheme aims to improve yields per hectare which will directly translate to higher yields thereby increasing returns on the Government inputs scheme.
"To support the initiative EM will be giving 180-day credit to qualifying farmers and the cost of the inputs will be netted off the crop payment at harvest."
Farmers are set to benefit from the scheme as there is no immediate cash outlay for the farmers and optimum yields achieved through better control of weeds and pests.
The cost of labour is also reduced through the use of herbicides
"This programme makes a direct and positive contribution to food security.
"EM will provide a ready market for all crops grown under this scheme which will provide immediate cash to the farmers," the spokesman said.
To qualify, farmers need to grow a minimum of 10 hectares.
Labels: AGRICULTURE, CHEMICALS, EM HOLDINGS LIMITED
posted by MrK @ 6:00 PM
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