Forex shortages weigh down oil expressers NewsDay
Forex shortages weigh down oil expressers. By newsday April 20, 2024. THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage
THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage of foreign currency to import key raw materials, an official has said. Oil Expressers Association of Zimbabwe chairperson Busisa Moyo told NewsDay that the challenges involving foreign currency allocation for the sector remained critical, thereby affecting industry performance.
Forex shortages weigh down oil expressers CFU Zimbabwe
Forex shortages weigh down oil expressers newsday THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage of foreign currency to import key raw materials, an official has said.
Newsday Zimbabwe Everyday News Forex shortage affects cooking oil production. By newsday September 27, 2024. COOKING oil producers
Forex shortages weigh down oil expressers Equity Axis
Forex shortages weigh down oil expressers April 20, 2024 Equity- Axis 0 Comments THE cooking oil industry is operating at between 30% and 40% capacity, weighed down by the shortage of foreign currency to import key raw materials, an official has said.
"The cooking oil industry is operating at between 30 percent and 40 percent capacity, weighed down by the shortage of foreign currency to import key raw materials. The situation remains critical
Forex shortages, imports weigh down companies Business
Forex shortages, imports weigh down companies. Published: 13 September 2024 ALL economic sectors in Zimbabwe are facing serious challenges, chief among them the lack of access to foreign currency and influx of cheap imports, the Confederation of Zimbabwe Industries (CZI) has revealed. In its update, CZI revealed that all sectors in the economy were struggling to make ends
Oil Expressers Association of Zimbabwe (OEAZ) is targeting to increase soya beans hectarage to 120 000 within four years to avert a shortage of the most critical ingredient in cooking oil making. OEAZ chairman, Busisa Moyo, told NewsDay in emailed responses that beginning this year the sector would be working on improving soya bean supply, among other programmes.
Forex shortages, cheap imports weigh down companies
Source: Forex shortages, cheap imports weigh down companies NewsDay Zimbabwe September 13, 2024 ALL economic sectors in Zimbabwe are facing serious challenges, chief among them the lack of access to foreign currency and influx of cheap imports, the Confederation of Zimbabwe Industries (CZI) has revealed.
OIL Expressers Association of Zimbabwe (OEAZ) says its members are left with less than two weeks’ supply of foreign-sourced raw materials, as they were struggling to secure foreign currency for imports. BY MTHANDAZO NYONI OEAZ chairperson Busisa Moyo told NewsDay that the situation was dire and needed urgent intervention. “We are down to a one-to-two