Oligopoly in cooking oil sector keeps prices high

Zimbabwe, along with Malawi and Zambia, primarily relies on soybean crushing for vegetable oil production.

ONLY three companies account for nearly 70 percent of Zimbabwe’s cooking oil production, resulting in high price-setting despite a significant decline in input costs, the Common Market for Eastern and Southern Africa (COMESA) Competition Commission has noted.The situation has created an oligopoly in the industry, which is a state of limited competition, in which a…

Subscribe to read full article. Subscribe today

Related posts

Fix social insurance — experts urge government

Iran war shifts Zim’s fuel mix

Elephant Hills refurbishment deferred for Cricket World Cup

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More