{"id":21991,"date":"2022-05-03T18:51:44","date_gmt":"2022-05-03T18:51:44","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices"},"modified":"2022-05-03T19:57:05","modified_gmt":"2022-05-03T19:57:05","slug":"govt-warns-cooking-oil-suppliers-over-high-prices","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices","title":{"rendered":"Govt warns cooking oil suppliers over high prices"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>The Ministry of Trade and Industry has issued a \u2018final warning\u2019 to suppliers and retailers of cooking oil to reduce prices of the commodity. This has been said in a statement signed by Minister of Trade Industry Mark Katsonga Phiri.<\/p>\n

The minister said some suppliers of cooking oil are yet to reduce prices weeks after Parliament of Malawi passed a bill removing Valued Added Tax (VAT) on Cooking Oil and after the decision was gazetted by Government.<\/p>\n

Katsonga Phiri said government expected that by now all suppliers of edible cooking oil should have ceased and desisted from charging VAT on the cooking oil as per the gazette notice issued by the Ministry of Finance. He then warned that drastic action will be taken against all the traders that are not abiding by the law.<\/p>\n

\u201cBy copy of this notice, all consumers across the country are hereby advised to report with immediate effect all the suppliers that have not yet reduced the price to the Ministry of Trade and Industry for the urgent action,\u201d he said.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. The Ministry of Trade and Industry has issued a \u2018final warning\u2019 to suppliers and retailers of cooking oil to reduce prices of the commodity. This has been said in a statement signed by Minister of Trade Industry Mark Katsonga Phiri. The minister said some suppliers of cooking oil are yet to reduce […]<\/p>\n","protected":false},"author":84,"featured_media":21990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,371,307,234,4243,1028,1000],"class_list":["post-21991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-economy","tag-malawi","tag-mark-katsonga","tag-ministry-of-trade","tag-taxes"],"yoast_head":"\nGovt warns cooking oil suppliers over high prices - Malawi<\/title>\n<meta name=\"description\" content=\"The Ministry of Trade and Industry has issued a \u2018final warning\u2019 to suppliers and retailers of cooking oil to reduce pric ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt warns cooking oil suppliers over high prices\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Trade and Industry has issued a \u2018final warning\u2019 to suppliers and retailers of cooking oil to reduce pric ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-03T18:51:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-03T19:57:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/05\/img-627188f364d00.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Govt warns cooking oil suppliers over high prices\",\"datePublished\":\"2022-05-03T18:51:44+00:00\",\"dateModified\":\"2022-05-03T19:57:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices\"},\"wordCount\":195,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/05\/img-627188f364d00.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"economy\",\"Malawi\",\"Mark Katsonga\",\"Ministry of Trade\",\"taxes\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/govt-warns-cooking-oil-suppliers-over-high-prices\",\"name\":\"Govt warns cooking oil suppliers over high prices - 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