The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...
By Staff reporter | Published: 02 June 2022
Zimbabwe will experience serious cooking oil shortages in the coming weeks as foreign currency shortages have affected the importation of crude oil, leaving oil expresses producing a fifth of the 9 mi...
By Staff reporter | Published: 25 April 2019
Oil processing companies are in negotiations with Government for them to buy soya beans at import parity price of $400 per tonne in a bid to maintain the price of cooking oil and other related product...
By Staff reporter | Published: 28 May 2018
Cooking oil producers are looking at reducing their import bill by 30% from the current US$300 million annually through imports substitution, businessdigest has learnt.This comes as the nation is suff...
By Staff reporter | Published: 13 April 2018
The volume of cooking oil imports has dropped by more than 70 percent as local producers increase production thereby saving the nation of the much needed foreign currency.Recapitalisation of the local...
By Staff reporter | Published: 27 February 2018
LOCAL cooking oil producers are being forced to manufacture about 60 percent of the country's requirement due to the shortage of foreign currency to import adequate soya beans.Oil Expressers Associat...
By Staff reporter | Published: 10 December 2017
THE Confederation of Zimbabwe Retailers (CZR) has urged cooking oil processors to up their game and produce more cooking oil that meets demand, lest retailers approach government for import permits to...
By Staff reporter | Published: 18 October 2017
Cooking oil manufactures on Wednesday said there was no enough foreign currency to import raw materials needed to produce the commodity, hence the current shortages of the product on the market.In a s...
By Staff reporter | Published: 27 September 2017
COOKING oil producers say they can no longer access raw materials on credit from their foreign suppliers, following a reduction of foreign currency allocations to less than $1,5 million per week.In a ...
By Staff reporter | Published: 27 September 2017
Cooking oil has found its way to the black market in Gweru, as leading retailers in the city have run out of the commodity, a snap survey has shown.Big supermarkets such as Pick n Pay and OK Zimbabwe ...
By Staff reporter | Published: 26 September 2017
ZIMBABWE'S edible oils sector has recovered and is producing a surplus, but is unable to make inroads into the regional export market due to lack of price competitiveness, an industry body has said.Up...
By Staff reporter | Published: 24 August 2017
DESPITE the growing supply of cooking oil on the domestic market, producers are finding it difficult to tap into export markets due to un-competitiveness of the commodity.Oil Expressers' Association o...
By Staff reporter | Published: 09 August 2017
The government will maintain the remaining ten percent stake in cooking oil processing firm Surface Wilmar Investments to facilitate stable pricing models and the growth of cooking oil manufacturing i...
By Staff reporter | Published: 29 July 2017
THE cooking oil industry is operating at between 50 and 60% of capacity following import restrictions imposed by government in the past three years, an industry official has said.Oil Expressers Associ...
By Staff reporter | Published: 05 July 2017
COOKING oil manufacturer, Surface Investments plans to install a new refinery within the next two years to triple production from the current three million litres a month, an official said yesterday.T...
By New Ziana. | Published: 05 March 2014
Cooking oil manufacturer Surface Investments has temporarily suspended plans to install a new bottling plant due to shortages of raw materials on the local market, an official said on Thursday.Early ...
By New Ziana | Published: 31 October 2013
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Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
