News:Mnangagwa praises Bimha for import ban. Says Govt plans to prioritise soya bean production
<vote /> After touring two local cooking oil producers, Surface Wilmar and Pure Oil Industries, Acting President Emmerson Mnangagwa yesterday said that the cooking oil manufacturing industry in Zimbabwe is now able to produce enough to meet local demand but is being constrained by shortages of raw materials, a development that will see the Government considering including soya bean among crops whose production it will be supporting through various initiatives.
Mnangagwa said,
Because of this exposure we can also take soya bean on board and have a programme (to support its production). We have asked the Ministry of Industry to give us statistics on how much soya bean is required in the oil industry in Zimbabwe. When quantified, we should then be able to say how much soya bean is produced per hectare, then we know how many hectares must be put to soya bean production, and we support the programme. At the end of perhaps three or four seasons, we should have adequate production of soya bean.
Acting President Mnangagwa also praised the Ministry of Industry and Commerce for making correct recommendations to the government on restricting imports of cooking oil through Statutory Instrument 64 of 2016, which came into effect at the beginning of July this year. He said,
It (the tour) has shown that our Ministry of Industry and Commerce made correct recommendations to the government through SI 64 because as a result of that, we are now producing cooking oil in Zimbabwe and I am advised that we have domestic supplies being produced locally and this has reduced our import bill.
Read More: The Herald
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