Environment
Old Mutual, Seed Co partner in a tree-planting initiative
Old Mutual Malawi Limited and Seed Co Malawi Limited have forged a partnership aimed to complement national efforts to address environmental degradation.
Old Mutual Malawi Limited and Seed Co Malawi Limited have forged a partnership aimed to complement national efforts to address environmental degradation.
The companies have disclosed that they will jointly plant 10, 000 trees in the outskirts of Blantyre and Lilongwe in order to restore the environment.
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Speaking after planting trees at the headquarters of Senior Chief Masumbankhunda in Lilongwe on Wednesday, Old Mutual Malawi Limited Group Chief Finance Officer, Vera Zulu, said her company is equally affected by the effects of environmental degradation.
Zulu said it is against this background that they decided to join other players in reforesting the country.
In his remarks, Seed Co Malawi Limited Human Resource Officer, Chifuniro Banda, said environmental degradation has led to climate change, which is negatively impacting their customers – farmers.
Banda highlighted low yields as one of the challenges the farmers are grappling with in Malawi.
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