Wetter 2024/25 season forecast for Zimbabwe
In a latest weather update, the World Meteorological Organisation, has however, predicted above normal rainfall for southern Africa for the second half year of 2024.
In its analysis of Seed Co International’s recently released financial results for the year ended March 31, 2024, IH Securities said the tail end of the El Niño phenomenon came with new uncertainties in terms of climate.
“There is potential upside to sales volumes in the region as a result. There is, however, risk that flooding may impact on the agricultural season. Furthermore, a La Niña phenomenon could result in below normal rainfall in East Africa, posing downside risk to volumes in that region.”