Business

Government scraps VAT on soya beans to boost cooking oil production

The government has scrapped Value Added Tax (VAT) on imported soya beans, a move aimed at boosting the cooking oil production sector.

This policy change will not only lower production costs but also enhance food security and promote economic growth.

This has been viewed as a huge step towards a more sustainable and thriving cooking oil pressing industry in the country.

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Muzavazi

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