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Thursday 12 November 2015

Govt rescind ban on edible oils importation

By Staff Reporter 
Government has lifted the ban on the importation of edible oils to mitigate the rising price of cooking oil on the domestic market. 

Agriculture Minister Given Lubinda says to help mitigate rising domestic prices of edible oils, Government has decided to allow limited importation of processed edible oils. 

In a statement monitored by WM Media the minister adds that this measure is intended to meet domestic demand and to bring in a level of competition on the local market. 

The importation of edible oils was suspended this year with a view to promoting the local industry, but some oil processors took advantage of the ban and increased prices.

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