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An Epworth woman has been arrested after she allegedly scalded a co-tenant and her baby with boiling cooking oil following an undisclosed dispute.
The suspect, Vanessa Nyakabawo (23), fled to Highfields after committing the offence and was arrested at Machipisa Shopping Centre.
Nyakabawo appeared before magistrate Marewanazvo Gofa facing attempted murder charges on Thursday and was remanded in custody to 29 December.
Prosecutors told the court that the mother and her baby are battling for life at Harare’s Sally Mugabe Central Hospital in Harare.
Last month <a href="https://zero.pindula.co.zw/wife-scalds-hubby-with-cooking-oil-over-whatsapp-voice-note/">a man from Zhombe, Midlands Province, was seriously injured after he was scalded with hot cooking oil by his wife who accused him of infidelity.</a>
ZRP spokesperson in Midlands Province, Inspector Emmanuel Mahoko, revealed that the man, Taurai Hlala, was in the company of his wife Sobrine Muzioni, in the early hours of Sunday, and the couple was listening to music on a cellphone.
Suddenly, audio of a female voice started playing on the phone and a misunderstanding arose between the two. Said Mahoko:
<blockquote>
The suspect is said to have gone to the kitchen where she boiled cooking oil and poured it on the complainant, resulting in him sustaining serious injuries.
</blockquote>
Hlala was rushed to Kwekwe District Hospital where he was further referred to Sally Mugabe Hospital. | <a href="https://www.newzimbabwe.com/mother-and-baby-battle-for-life-in-icu-after-being-scalded-with-cooking-oil-by-co-tenant/">NewZimbabwe.com</a>

Pindula News

Mother And Baby Scalded With Cooking Oil By Co-tenant In Epworth

A man from Zhombe, Midlands Province, was seriously injured after he was scalded with hot cooking oil by his wife who accused him of infidelity.
ZRP spokesperson in Midlands Province, Inspector Emmanuel Mahoko, confirmed the incident, saying investigations into the matter were underway. He said:
<blockquote>
The Zimbabwe Republic Police is investigating a case of attempted murder where a Zhombe man was scalded with boiling cooking oil by his wife over allegations of infidelity.
</blockquote>
The man, Taurai Hlala, was in the company of his wife Sobrine Muzioni, in the early hours of Sunday, and the couple was listening to music on a cellphone.
Suddenly, audio of a female voice started playing on the phone and a misunderstanding arose between the two. Said Mahoko:
<blockquote>
The suspect is said to have gone to the kitchen where she boiled cooking oil and poured it on the complainant, resulting in him sustaining serious injuries.
</blockquote>
Hlala was rushed to Kwekwe District Hospital where he was further referred to Sally Mugabe Hospital, where he is admitted, in a serious condition. Added Inspector Mahoko:
<blockquote>
Investigations are still underway and the suspect is still at large.
We urge members of the public to consider dialogue when misunderstandings arise than resorting to violence.
We are also appealing to anyone with information that may lead to the arrest of the suspect to approach the nearest police station.
</blockquote>
| <a href="https://www.newzimbabwe.com/couple-listening-to-music-on-phone-when-voice-note-from-small-house-pops-up-husband-battling-for-life-after-being-scalded-with-flaming-cooking-oil/">NewZimbabwe.com</a>

Wife Scalds Hubby With Cooking Oil Over WhatsApp Voice Note

President Emmerson Mnangagwa said the Mount Meru Millers Zimbabwe Edible Oil Refinery Plant will eventually employ 1 000 locals when its capacity utilisation grows.
Mnangagwa commissioned the US$20 million plant which is located in Mahusekwa, Mashonaland East Province on Wednesday.
Addressing thousands of people ZANU PF supporters bussed from various parts of the province after the commissioning of the plant, Mnangagwa said:
<blockquote>
I am honoured to be back here in Mashonaland East to officially commission the Edible Oil Refinery Plant valued at US$20 million.
Today’s visit follows the recent commissioning of the Central Registry e-passport office in Murehwa, as well as Radnor Mine in Mukuya, Mudzi district.
To date, other notable projects have been completed under the second republic such as Muchekeranwa Dam, Mutoko Royal Fruit and Vegetables Processing Plant, along with road, health and education infrastructure across the various districts of the country.
This factory will grow and when it grows it will be employing over 1 000 people.
Those of you from this area will get jobs and get satisfied. You no longer need to go to Harare for jobs.
The company makes cooking oil which we usually get from outside. We want you to grow sunflower, cotton and soya beans.
That is what is needed here. When we distribute inputs under Pfumvudza, I will make sure that we have a fund for those crops.
</blockquote>
He said the new plant will produce 250 tonnes of edible soya oil per day and the by-products will be used for the manufacture of cosmetics, among other things. Mnangagwa said:
<blockquote>
The by-products of edible oil products such as soya meal, cotton meal and sunflower meal are used in the production of stock feed, soya milk, textured vegetable protein products, cosmetics and health supplements among others.
There will be cosmetics to apply to the skin. Women can use them to enhance their beauty.
</blockquote>
Mnangagwa said he had convinced the Mount Meru Millers Group president Atul Mittal to invest in Zimbabwe during a business Forum in the United Arab Emirates in 2019.
On his part, Mittal said his company is committed to supporting the Manyame Rural District Council and its people.
He said production was currently at 3% of the plant’s capacity, but they are working on increasing it to reach 30%.
<h4>More: <a href="https://www.newsday.co.zw/2022/06/im-not-free-anymore-ed/">NewsDay</a></h4>

Mount Meru Millers To Employ 1 000 Locals - ED

President Emmerson Mnangagwa on Wednesday commissioned a US$20 million cooking oil refinery plant in Seke District, Mashonaland East Province.
The plant is operated by a Tanzanian registered firm, Mount Meru Millers, and will process soya beans, sunflower and cotton into edible oil.
This is expected to benefit the local community in terms of employment creation as well as providing a market for their agricultural produce.
In his address, President Mnangagwa said the establishment of the plant shows that the Government’s “Zimbabwe is open for Business” stance is bearing fruit. He said:
<blockquote>
In this respect, the investment by the Mount Meru Group is further evidence of the prevailing conducive environment for doing business.
Edible oils are an indispensable nutritional resource for human health and are a key dietary item around the world.
They are a key source of fats, making them the second most important food group after cereals.
As such the coming on board of Mount Meru Millers brings to nine the number of edible oil processing plants in our economy.
</blockquote>
<h4>More: <a href="https://www.herald.co.zw/president-commissions-multimillion-dollar-plant/">The Herald</a></h4>

ED Commissions US$20 Million Cooking Oil Refinery Plant

Zimbabwe’s biggest cooking oil manufacturer, Surface Wilmar says it is operating at 15 per cent capacity due to foreign currency shortages that are hindering the importation of raw materials.
Surface Wilmar receives foreign currency from the Reserve Bank of Zimbabwe (RBZ)’s forex auction system but the allocation of funds has not been consistent.
The company’s executive chairman Narottan Somani, recently revealed that they were largely dependent on foreign currency allocations from the RBZ. Said Somani:
<blockquote>
We are currently operating at 15 per cent capacity utilisation, it all depends on RBZ how much money they give us, sometimes they give us money we run for 15 days sometimes they do not give us and we shut the plant for a month.
</blockquote>
Local farmers are unable to produce adequate cottonseed and soybean for the oil manufacturing industry.
This has forced the country to spend millions of dollars in foreign currency per year on the importation of Crude Degummed Soya Bean Oil (CDSBO).
Surface Wilmar exports cooking oil to Malawi and Mozambique while margarine exports mainly go to Zambia, Malawi, and Mozambique.
It also exports stock feeds mainly to South Africa and lint to Japan.
The company has, however, reduced its exports given that RBZ retains 80 per cent of the export earnings. Said Somani:
<blockquote>
Today when we export there is a retention amount to be paid back to Reserve Bank when we export $400 we get $80 back, now my raw material cost is more than $80, so how do I replenish that, so we target the local market.
</blockquote>
The Industrial Development Corporation of Zimbabwe (IDCZ) has a 10 per cent in Surface Wilmar while the rest is owned by SR Amando, an investment vehicle that includes the Somani family and Wilmar international.
<h4>More: <a href="https://www.businessweekly.co.zw/surface-wilmar-capacity-plunges-to-15pc/">Business Weekly</a></h4>

Surface Wilmar Operating At 15% Capacity

Zimbabwe is experiencing cooking oil shortages caused by an increase in edible oil prices on the international markets and foreign currency shortages being faced by oil expressers.
The Reserve Bank of Zimbabwe (RBZ) is reportedly still giving oil expressers the same amount of foreign currency it gave them in 2020 in spite of the sharp rise in the price of edible oil on the international market.
Local cooking oil manufacturers are now being forced to source the forex from the parallel market, where premiums are higher, and as a result, the price of cooking oil for a 2-litre bottle has increased to over ZWL$ 1 000. Business Times quoted a source as saying:
<blockquote>
We have silent cooking oil shortages in the country as there are some areas where there is no cooking oil on the shelves and in instances where prices are now way above ZWL$1 000 per 2-litre bottle.
RBZ continues to give us US$500 000 per week since 2020 yet it knows that edible oil prices have gone up 111% to ZWL$2 000 per tonne from US$950. This is a recipe for shortages.
</blockquote>
Oil Expressers Association of Zimbabwe president, Busisa Moyo, who is also the United Refineries Limited (URL) CEO told the publication that the cooking oil industry is facing viability challenges.
The cooking oil sector requires between US$8 million and US$12 million a month but it has received US$3 million for foreign payments from the RBZ, leaving a huge deficit.
<h4>More: <a href="https://businesstimes.co.zw/zim-faces-cooking-oil-shortage/">Business Times</a></h4>

Zimbabwe Facing 'Silent' Cooking Oil Shortage

Police have finally arrested a suspected murderer who has been on a fugitive from the law since 2017.
The 28-year-old man allegedly brutally murder his girlfriend in 2015 and his arrest on Monday came after he poured hot cooking oil on his wife.
Zimbabwe Republic Police (ZRP) national spokesperson Assistant Commissioner Paul Nyathi said the suspect’s wife is admitted to a hospital in Harare.
She is reported to be battling for her life after she suffered serious burns all over her body.
In 2015, the suspect allegedly killed his 21-year-old girlfriend at her parents’ home.
He is reported to have struck the young woman with a hoe four times in the head after she tried to end their relationship.
Police officers arrested the suspect after they found him hiding under a bed in the main bedroom.
He was then granted bail by the High Court in 2017 but he skipped bail and became a fugitive, forcing the courts to issue a warrant for his arrest.
Bizarrely, the suspect has been moving around freely with police deliberately failing to arrest him, the murdered woman’s father said.
<h4>More: <a href="https://www.iol.co.za/news/africa/zimbabwe-man-wanted-for-killing-girlfriend-in-2015-arrested-after-pouring-cooking-oil-over-new-wife-4507bfba-97c1-43fd-8401-be8984967356" rel="noopener" target="_blank">IOL</a></h4>

Man Who Killed Girlfriend In 2015 Arrested After Scalding New Wife With Cooking Oil

Industry and Commerce minister <a href="https://www.pindula.co.zw/Sekai_Nzenza">Sekai Nzenza</a> has blamed the <a href="https://zero.pindula.co.zw/zanu-pf-party-is-concerned-by-recent-price-hikes/">recent hike in the price</a> of cooking oil by local retailers on rising prices of crude oil on the international market.
Speaking to ZBC News, Nzenza asserted that since Zimbabwe needs foreign currency for importation therefore the price of cooking oil naturally goes up. She said:
<blockquote>The reason why [the price of] cooking oil has gone up… we tracked that it’s caused by prices on the international market, on the price of crude oil.
We are importing this crude oil and that requires foreign currency and as a result, there is a there is an impact on the price of cooking oil.</blockquote>
An <a href="https://www.investopedia.com/terms/c/crude-oil.asp" rel="noopener" target="_blank">online source</a>, defines the concept as a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is a type of fossil fuel that can be refined to produce usable products such as gasoline, diesel, and various other forms of petrochemicals.
However, the permanent secretary in the ministry of Information, Publicity and Broadcasting Services Nick Mangwana defended Nzenza’s use of the term in relation to cooking oil. <a href="https://twitter.com/nickmangwana/status/1358410276924751873" rel="noopener" target="_blank">Mangwana said via Twitter:</a>
<blockquote>As a matter of fact, Minister Nzenza is correct. Zimbabwe gets crushed soya from Argentina which is processed by Zimbabwean cooking oil pressers. That crushed soya is called “crude oil”. There is a labour action in Argentina affecting supply &amp; price of this crude oil.</blockquote>
Meanwhile, a handbook from the Zimbabwe Revenue Authority (Zimra) has for long now been using the concept as its tariff code for those ingredients.
Watch Nzenza speak:
<div>
<video controls="controls" height="368" preload="metadata" width="640"><a href="https://t792ae.c2.acecdn.net/wp-content/uploads/2021/02/WhatsApp-Video-2021-02-07-at-16.15.04.mp4">https://t792ae.c2.acecdn.net/wp-content/uploads/2021/02/WhatsApp-Video-2021-02-07-at-16.15.04.mp4</a></video></div>

Minister Nzenza: Crude Oil Price Caused Cooking Oil Price Hike

Industry and Commerce minister <a href="https://www.pindula.co.zw/Sekai_Nzenza">Sekai Nzenza</a> has blamed the <a href="https://news.pindula.co.zw/2021/02/03/zanu-pf-party-is-concerned-by-recent-price-hikes/">recent hike in the price</a> of cooking oil by local retailers on rising prices of crude oil on the international market.
Speaking to ZBC News, Nzenza asserted that since Zimbabwe needs foreign currency for importation therefore the price of cooking oil naturally goes up. She said:
<blockquote>The reason why [the price of] cooking oil has gone up… we tracked that it’s caused by prices on the international market, on the price of crude oil.
We are importing this crude oil and that requires foreign currency and as a result, there is a there is an impact on the price of cooking oil.</blockquote>
An <a href="https://www.investopedia.com/terms/c/crude-oil.asp" rel="noopener" target="_blank">online source</a>, defines the concept as a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is a type of fossil fuel that can be refined to produce usable products such as gasoline, diesel, and various other forms of petrochemicals.
However, the permanent secretary in the ministry of Information, Publicity and Broadcasting Services Nick Mangwana defended Nzenza’s use of the term in relation to cooking oil. <a href="https://twitter.com/nickmangwana/status/1358410276924751873" rel="noopener" target="_blank">Mangwana said via Twitter:</a>
<blockquote>As a matter of fact, Minister Nzenza is correct. Zimbabwe gets crushed soya from Argentina which is processed by Zimbabwean cooking oil pressers. That crushed soya is called “crude oil”. There is a labour action in Argentina affecting supply &amp; price of this crude oil.</blockquote>
Meanwhile, a handbook from the Zimbabwe Revenue Authority (Zimra) has for long now been using the concept as its tariff code for those ingredients.
Watch Nzenza speak:
<div class="wp-video" style="width: 640px;">
<video class="wp-video-shortcode" controls="controls" height="368" id="video-195914-1" preload="metadata" width="640"><source src="https://t792ae.c2.acecdn.net/wp-content/uploads/2021/02/WhatsApp-Video-2021-02-07-at-16.15.04.mp4?_=1" type="video/mp4"/><a href="https://t792ae.c2.acecdn.net/wp-content/uploads/2021/02/WhatsApp-Video-2021-02-07-at-16.15.04.mp4">https://t792ae.c2.acecdn.net/wp-content/uploads/2021/02/WhatsApp-Video-2021-02-07-at-16.15.04.mp4</a></video></div>

The production of cooking oil has improved in the month of May due to the easing of lockdown regulations in South Africa as this has enabled manufacturing companies to easily import spares and raw materials, an industry official has revealed.
Oil Expressers Association of Zimbabwe (OEAZ) president Busisa Moyo also said that oil producers expect to access foreign currency following the unfreezing of the Reserve Bank of Zimbabwe (RBZ) letters of credit through Afreximbank. Said Moyo:
<blockquote>Cooking oil supply has greatly improved this month due to easing of the lockdown regulations both in South Africa and locally as we now have easy access to spares and critical raw materials for our production.
During the total lockdown period, we couldn’t access raw materials as most companies were closed in South Africa.
We hope that the improvement in the industries will help all the whole value chain to reach to customers.
On the local front, the Reserve Bank of Zimbabwe (RBZ) letters of credit through Afreximbank which were frozen during the lockdown are now functional.
With that development, we expect oil producers to access forex to begin massive production.</blockquote>
Cooking oil capacity utilisation has doubled to above 20% from 10% last month.
<h4>More: <a href="https://businesstimes.co.zw/cooking-oil-production-improves/" rel="noopener noreferrer" target="_blank">Business Times</a></h4>

Production Of Cooking Oil Improves

Local cooking oil manufacturer, Surface Wilmar has suspended operations. The country’s biggest cooking oil manufacturer has been forced to take the decision due to the worsening foreign currency crisis. The company makes Pure Drop cooking oil and the Buttercup margarine and Olivine brands.
This development comes when the Reserve Bank of Zimbabwe is failing to provide the foreign currency needed for the importation of key raw materials. Some local companies have gone as far as setting prices in US dollars, a move the government says is illegal.
Surface Wilmar chief executive Sylvester Mangani said:
<blockquote>We have stopped our operations because the company has not been getting adequate foreign currency and this has led to the ballooning of our obligations with our foreign suppliers who have since indicated their intention to stop supplying the raw materials. Foreign currency has been a challenge hence our current position to stop the operations until further notice.</blockquote>
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<article class="post-122970 post type-post status-publish format-standard has-post-thumbnail category-localnews tag-olivine-industries tag-pure-drop-cooking-oil tag-surface-wilmar single-post-content" id="post-122970">
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<h3>More: <a href="https://iharare.com/cooking-oil-shortages-expected-to-hit-zim/" rel="noopener">iHarare</a></h3>
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Cooking Oil Manufacturer, Surface Wilmar Suspends Operations Due To Forex Crisis

Since the uncertainties about the economy started a few weeks back, cooking oil seems to have become scarce. There are serious shortages of cooking oil and shops have resorted to rationing the product whenever they receive stocks. The images and videos below show people trying to buy cooking oil at the official prices which are in some cases 25 percent of the prices on the black market. Lately, the police had had to be deployed in order to ensure that there is order when shops have stocks of cooking oil.
https://twitter.com/bustoptv/status/1052954974672556032
<img alt="" class="alignnone size-full wp-image-64223" decoding="async" height="676" loading="lazy" sizes="(max-width: 1200px) 100vw, 1200px" src="https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter4.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter4.jpg 1200w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter4-300x169.jpg 300w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter4-768x433.jpg 768w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter4-1024x577.jpg 1024w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter4-600x338.jpg 600w" width="1200"/>
<img alt="" class="alignnone size-full wp-image-64224" decoding="async" height="372" loading="lazy" sizes="(max-width: 720px) 100vw, 720px" src="https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter2.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter2.jpg 720w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter2-300x155.jpg 300w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter2-600x310.jpg 600w" width="720"/>
<img alt="" class="alignnone size-full wp-image-64225" decoding="async" height="1080" loading="lazy" sizes="(max-width: 810px) 100vw, 810px" src="https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter1.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter1.jpg 810w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter1-225x300.jpg 225w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter1-768x1024.jpg 768w, https://news.pindula.co.zw/wp-content/uploads/2018/10/Cooking-Oil-Queue-Twitter1-600x800.jpg 600w" width="810"/>

Video:  Zimbabweans Queue For Cooking Oil

<blockquote>STATEMENT ON  THE STATUS OF EDIBLE OIL SUPPLIES  DATED 25TH SEPTEMBER 2017
1.The 0il Expressers Association of Zimbabwe (OEAZ) is made up of seven members that supply at least 95% of the edible oils consumed in Zimbabwe,
2. The sector employs over 1, 300 people, directly and the factories of its members are located in various parts of the country.
3. The country requires 8,500mt (metric tons) of edible oils per month and 10,000mt of Soya Bean Meal (aka De-Solventised Oil Cake or Soya Oil Cake) used primarily for poultry feed.
4. OEAZ, members require al least USS5m per week (US$20m per month) to import soya beans, crude edible oils and other raw materials to satisfy the requirements national demand for oil and related products adequately.
5. For the 28 weeks ended 31 July 2017, OEAZ, members have received US$61m which is US$2.2m per week (US$8 8m per month) which is 44% of what the sector requires to satisfy national demand.
6. In the last two months, foreign currency allocations have been further constrained to less than US$1.5m per week (i.e 30% of the sector’s actual foreign currency allocation requirement), this is possibly linked to reduced tobacco sales inflows et al.
7. The above foreign currency allocation levels mean that OEAZ members’ credit lines for raw materials have now reached maximum levels and members can no longer access raw materials on credit. from their foreign suppliers as they normally do.
8. Reserve Bank of Zimbabwe (RBZ) has advised the OEAZ that foreign currency is in start supply but has assured the association of its commitment to support the sector based on available foreign currency resources. 
9. It should be curled that the shortages in certain outlets in urban centres can be averted by immediately the extending of RB supported letters of credit to  OEAZ to allow for the importation of adequate raw materials and other inputs. This is being worked on. 
10 The 0EAZ also wishes to advise that input and raw material costs have escalated dramatically in the last few months leading to price changes as local suppliers and service providers, in particular, have adjusted their costs upwards in light of the prevailing economic. environment 11. line giiirlionctugdassZibli:o(
11. The poor liquidity and scarcity of foreign currency has meant that fast-moving consumer goods such as edible oils have become a substitute for cash as a store of value to the informal trade and fuelling higher demand and price inflation. 
12. The OEAZ is committed to ensuring that the Zimbabwean public has adequate oil supplies and related products for its dietary requirements at all times.
13 The OEAZ acknowledges that the long-term solution is to increase soya bean production from the current 30,000 metric tonnes for the 2016/17 season to at least 150,000 metric tonnes per annum in the next 3-5 years and value chain reconstruction measures to achieve this through  Government Initiatives (e.g. Command  Soya and the Presidential Input Scheme), Development Partner &amp; IFI Programmes, as well as members embarking on contract and direct farming initiatives supported by various financial institutions and agricultural organisations (i.e multipronged solutions), are underway.
14. In spite of the constrained availability of foreign currency, we have not had any notable shortage of edible oils for normal consumption in the last few years and the public is therefore advised not to engage in panic buying, hoarding and speculative purchases which create the impression of acute shortages and the risk of holding a perishable commodity such  as edible oil as a store of value.
</blockquote>

Cooking Oil Producers Blame Mangudya For Shortages, Say  We Are Not Getting Enough Forex

<blockquote>STATEMENT ON  THE STATUS OF EDIBLE OIL SUPPLIES  DATED 25TH SEPTEMBER 2017
1.The 0il Expressers Association of Zimbabwe (OEAZ) is made up of seven members that supply at least 95% of the edible oils consumed in Zimbabwe,
2. The sector employs over 1, 300 people, directly and the factories of its members are located in various parts of the country.
3. The country requires 8,500mt (metric tons) of edible oils per month and 10,000mt of Soya Bean Meal (aka De-Solventised Oil Cake or Soya Oil Cake) used primarily for poultry feed.
4. OEAZ, members require al least USS5m per week (US$20m per month) to import soya beans, crude edible oils and other raw materials to satisfy the requirements national demand for oil and related products adequately.
5. For the 28 weeks ended 31 July 2017, OEAZ, members have received US$61m which is US$2.2m per week (US$8 8m per month) which is 44% of what the sector requires to satisfy national demand.
6. In the last two months, foreign currency allocations have been further constrained to less than US$1.5m per week (i.e 30% of the sector’s actual foreign currency allocation requirement), this is possibly linked to reduced tobacco sales inflows et al.
7. The above foreign currency allocation levels mean that OEAZ members’ credit lines for raw materials have now reached maximum levels and members can no longer access raw materials on credit. from their foreign suppliers as they normally do.
8. Reserve Bank of Zimbabwe (RBZ) has advised the OEAZ that foreign currency is in start supply but has assured the association of its commitment to support the sector based on available foreign currency resources. 
9. It should be curled that the shortages in certain outlets in urban centres can be averted by immediately the extending of RB supported letters of credit to  OEAZ to allow for the importation of adequate raw materials and other inputs. This is being worked on. 
10 The 0EAZ also wishes to advise that input and raw material costs have escalated dramatically in the last few months leading to price changes as local suppliers and service providers, in particular, have adjusted their costs upwards in light of the prevailing economic. environment 11. line giiirlionctugdassZibli:o(
11. The poor liquidity and scarcity of foreign currency has meant that fast-moving consumer goods such as edible oils have become a substitute for cash as a store of value to the informal trade and fuelling higher demand and price inflation. 
12. The OEAZ is committed to ensuring that the Zimbabwean public has adequate oil supplies and related products for its dietary requirements at all times.
13 The OEAZ acknowledges that the long-term solution is to increase soya bean production from the current 30,000 metric tonnes for the 2016/17 season to at least 150,000 metric tonnes per annum in the next 3-5 years and value chain reconstruction measures to achieve this through  Government Initiatives (e.g. Command  Soya and the Presidential Input Scheme), Development Partner &amp; IFI Programmes, as well as members embarking on contract and direct farming initiatives supported by various financial institutions and agricultural organisations (i.e multipronged solutions), are underway.
14. In spite of the constrained availability of foreign currency, we have not had any notable shortage of edible oils for normal consumption in the last few years and the public is therefore advised not to engage in panic buying, hoarding and speculative purchases which create the impression of acute shortages and the risk of holding a perishable commodity such  as edible oil as a store of value.
 </blockquote>

In a statement released on Monday, the Oil Expressers Association of Zimbabwe (OEAZ), explained that the current cooking oil shortages and price hikes were a result of a decrease in foreign currency allocations by the Reserve Bank of Zimbabwe (RBZ). OEAZ notes that the central bank said that there is a shortage of foreign currency.
The association which is made up of seven companies, notes that RBZ was giving them  The statement reads:
<blockquote>The country requires 8,500 metric tonnes (mt) of edible oils per month and 10,000mt of Soya Bean Meal (aka De-Solventised Oil Cake or Soya Oil Cake) used primarily for poultry feed. OEAZ, members require at least US$5m per week (US$20m per month) to import soya beans, crude edible oils and other raw materials to satisfy the requiremenls national demand for a and related products adequately. For the 28 weeks ended 31 July 2017, OEAZ, members have received US$61m which is US$2,2m per week (0,8m per month) which is 44% of what the sector requires to satisfy national demand.
The above foreign currency allocations have been further constrained to less than US$1,5m per week (i.e 30% of the sector’s actual foreign currency allocation requirement), this is possibly inked to reduced tobacco sales inflows et al. The above foreign currency allocation levels mean that OEAZ members’ credit lines for raw materials have now reached maximum levels and members can no longer access raw materials on credit from their foreign suppliers as they normally do.
Reserve Bank of Zimbabwe (RBZ) has advised the OEAZ that foreign currency is in short supply but has assured the association of its commitment to support the sector based on available foreign currency resources. It should be noted that the shortages in certain outlets in urban centres can be averted by immediately the extending of amount allocated as foreign currency or the extending of RBZ supported Letters of Credit to OEAZ members to allow for the importation of adequate raw materials and other inputs This is being worked on.
The OEAZ also wishes to advise that input and raw material costs have escalated dramatically in the last few months leading to price changes as local suppliers and service providers in particular have adjusted their costs upwards in light of the prevailing economic environment.  The poor liquidity and scarcity of foreign currency has meant that the fast moving consumer goods such as edible oils have become a substitute for cash as a store of value to the informal trade and fueling higher demand and price inflation.</blockquote>

OEAZ explains reason for cooking oil shortages & price hikes

The Reserve Bank of Zimbabwe (RBZ) is considering plans to stop allocating foreign currency to cooking oil producers. The RBZ wants the producers to acquire raw materials locally as the country is currently battling foreign currency shortages. Mangudya was peeved that some of the cooking oil producers were increasing prices. Said Mangudya:
<blockquote>We have distributed foreign exchange from our major five products to cooking oil.
By the way, cooking oil producers now need to wake up and smell the coffee; they can’t continue importing crude oil, this is September. They need to put their act in order.
Produce soya beans in Zimbabwe; convert it into cooking oil, stock feed and export. We import crude oil.
They now need to wake up. They have enjoyed Zimbabwean foreign exchange and yet they don’t produce.
…Now some people in the cooking oil industry increase the price for cooking oil yet they are getting foreign currency at the official exchange rate. They are pricing their products using the price of the parallel market, where they never go.</blockquote>
More: <a href="https://www.thestandard.co.zw/2017/09/24/rbz-turns-screws-cooking-oil-producers/">The Standard</a>

RBZ considering stopping forex allocations to cooking oil manufacturers

Oil Expressers Association of Zimbabwe (OEAZ), a lobby group representing seven cooking oil producers said that Zimbabwe’s cooking oil is 45% more expensive which makes it difficult to export.
Speaking to The Herald yesterday, OEAZ president Mr Busisa Moyo said:
<blockquote>We have saturated the local market and all the players are now looking at exporting the surplus. It is a natural progression but our biggest challenge is our product will be 45 percent more expensive and that is why we are pushing for internal devaluation to be competitive.</blockquote>
More: <a href="http://www.herald.co.zw/zimbabwe-cooking-oil-over-priced-for-export/">Herald</a>

Zimbabwean cooking oil too expensive to export

<a href="http://www.pindula.co.zw/Reserve_Bank_of_Zimbabwe">Reserve Bank of Zimbabwe</a> Governor Dr <a href="http://www.pindula.co.zw/John_Mangudya">John Mangudya</a> has criticised demands for cash payments by certain retailers saying that it is a means to externalise foreign exchange.
Mangudya said that there was no justification for retailers, service stations and other businesses in Zimbabwe to decline electronic payments for goods and services or offer discounts to encourage the public to pay in cash. He also said that he will issue out a press statement on such practices.
He also told The Herald that such businesses wanted to avoid paying taxes. Retailers that are demanding payment using hard cash citing that banks require hard cash to facilitate foreign payments for unprocessed edible oil are giant wholesalers, Mahomed Mussa and Metro Peech. Reports have also implicated big supermarket chain Choppies.
More: <a href="http://www.herald.co.zw/dr-mangudya-blasts-retailers-demanding-cash-payments/">Herald</a>

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