COOKING OIL SHORTAGE LOOMS AS FOREX CRISIS BITES
Cooking oil producers are struggling to access foreign
currency from the Reserve Bank of Zimbabwe (RBZ) and the interbank market,
which they need to import key raw materials, raising fears the country might
face fresh shortages of edible oils if the …
Cooking oil producers are struggling to access foreign
currency from the Reserve Bank of Zimbabwe (RBZ) and the interbank market,
which they need to import key raw materials, raising fears the country might
face fresh shortages of edible oils if the situation persists.
This also comes as banks have demanded cash deposits
upfront, at the going market exchange rate, to match the amount of