Smallholder farmers from Dowa and Mchinji have expressed disappointment with the delay by the Tonse Alliance-led government to start championing pro-poor policies. Speaking at a press briefing in Lilongwe this morning, the concerned farmers pleaded with the government to remove value added tax (VAT) on cooking oil to save local cooking oil producers from closing […]
The battle between Edible Cooking Oil Association of Malawi (ECOAM) and government on the introduction of 16.5% VAT rages on as Ministry of Finance rebuffs the association on their grievances. ECOAM wrote the Ministry of Finance and MRA on the impact of the introduction of 16.5% VAT on cooking oil, however the Ministry of Finance […]
Balaka-based Cutrate Traders has supported the re-introduction of 16.5 percent value added tax (VAT on cooking oil but has urged authorities to curb smuggling of the product from Mozambique. Minister of Trade Sosten Gwengwe admits that smuggling is a major threat to the local industry. Smuggling is the illegal importation or exportation of goods subject […]