Articles tagged 'cooking oil'

Ncube probes cooking oil shortages 4 November 2018 HARARE - Finance minister Mthuli Ncube has commenced touring manufacturing firms, starting with a visit to Surface Wilmer, the largest cooking oil manufacturer in Zimbabwe. Surface Wilmar (Pvt) Ltd, situated in Chitungwiza and its consumer products include Puredrop cooking oil, Excella rice an...
Peter gets cooking oil on stage 24 October 2018 HARARE - Sungura musician Peter Moyo was on Saturday “blessed” with two bottles of cooking oil on stage while performing in Sunningdale on Saturday. Cooking oil has become a scarce commodity on the local market with long queues at supermarkets and exorbitant prices being charged for the commod...
Shoppers stampede for cooking oil 19 October 2018 HARARE - Police were yesterday called to restore order at some of Harare's leading retailers when desperate shoppers caused commotion after the outlets had received deliveries of cooking oil. One of the big supermarkets involved had to close shop after disorderly customers stampeded for the oi...
Prices zoom out of control 27 September 2018 HARARE - The price of cooking oil has shot up by more than 20 percent, adding to the cost-push inflationary pressures triggered by the recent wave of price adjustments. A survey by the Daily News showed that the standard price of a two-litre cooking oil bottle has gone up from about $2,75 last...
Boost for cooking oil industry 26 April 2018 HARARE - The cooking oil industry in Zimbabwe is banking on a boost in soya bean plantings to avert a shortage of cooking oil and stock feeds on the domestic market this year. This comes after Sakunda Private Limited provided $48,7 million, half of a $100 million loan facility to support oilse...
Balooning prices dampen Xmas 23 December 2017 HARARE - Thousands of ordinary Zimbabweans who had anticipated having a decent festive season — on the back of promising policies by President Emmerson Mnangagwa's government — risk enduring a bleak Christmas as retailers have hiked prices of foodstuffs. This comes as Mnangagwa's government th...
Price hikes: Retailers dig in 9 October 2017 HARARE - The Confederation of Zimbabwe Retailers (CZR) has said shops have “no choice” but to increase prices as they are sourcing foreign currency from the black market where they are charged steep premiums. This comes as retailers have significantly increased prices of basic goods, amid esca...
'RBZ responsible for cooking oil shortages' 27 September 2017 HARARE - Zimbabwe is experiencing inadequate supplies of cooking oil and price hikes because of inadequate foreign currency allocations to the oil industry by the Reserve Bank of Zimbabwe (RBZ), the Daily News can report. According to the Oil Expressers Association of Zimbabwe (OEAZ) — a cooki...
Cooking oil shortages loom 9 June 2017 HARARE - A big drop in soya bean plantings in Zimbabwe could lead to a shortage of cooking oil and stock feeds on the domestic market this year. Nationally, the industry is expected to meet a national need of 200 000 tonnes this season but farmers have dumped the crop due to lack of financing....
Cash shortages hit cooking oil sector 31 May 2016 HARARE - Cooking oil producers anticipate a 30 percent slump in production from the current 8 000-10 000 metric tonnes (MT) being manufactured per month, on the back of payment delays to the sector's suppliers. United Refineries chief executive Busisa Moyo last week told the businessdaily that...
Govt to address cooking oil shortage 16 April 2013 HARARE - Government is looking at ways to mitigate the deepening shortages of cooking oil, a Cabinet minister said yesterday. Finance minister Tendai Biti told journalists at a press conference that industrialists had told him recently that the country was headed for hard times and his interventi...