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Cooking Oil forms WhatsApp Group with petrol, AIP: Prices to go up

Cooking Oil forms WhatsApp Group with petrol, AIP: Prices to go up
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CAMA accuses edible cooking oil manufacturers of blackmailing consumers and Government

CAMA accuses edible cooking oil manufacturers of blackmailing consumers and Government
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Smuggling suffocates cooking oil industry

Smuggling suffocates cooking oil industry
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VAT contributes to Cooking Oil smuggling

“….Unpacking manufacturers concerns” The manufacturers plead for protection against smuggling Production lines and sales have declined as people opt for cheaper smuggled cooking oil Cooking oil manufacturers takes cognizance that the increase in price of the commodity is due to global trends on crude oil but Malawi’s prices went further up following the […]

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MRA alleges that cooking oil producers have conspired to con govt

The Malawi Revenue Authority (MRA) has alleged that the dramatic increase in prices for edible cooking oil is a result of collusion among the producers in the country. But the Edible Cooking Oil Association of Malawi (ECOAM) has dismissed the allegation, further challenging the Authority to provide evidence for its claim. A senior official at the Authority on Sunday called Nyasa Times expressing his disappointment with the way the local media is reporting on the contentious value added tax (VAT) on cooking oil. The official, who sought anonymity, argued that contrary to the public view that the increase in prices of cooking oil was a result of the imposition of VAT on raw materials; the truth behind the hike is a collusion among the producers.

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