Zeder eyes tougher agricultural conditions as it looks to sell its remaining businesses | Business

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Agribusiness-focused investment holding group Zeder says its expecting a tougher year as load shedding and surging input costs squeeze the margin of farmers, with confidence in the sector now back at levels last seen during the first hard lockdowns in 2020

Agribusiness-focused investment holding group Zeder says its expecting a tougher year as load shedding and surging input costs squeeze the margin of farmers, with confidence in the sector now back at levels last seen during the first hard Covid-19 lockdowns in 2020.

Favourable agricultural conditions helped lift the company's recurring headline earnings, a measure of sustainable profits, about 7% to R314 million in its year to end-February, but SA farmers are now facing the prospect of a return of El Niño, which brings hotter and drier conditions.Read this for free

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