A wholesaler in Bulawayo is only accepting cash payments for cooking oil. Metro Peech Wholesalers in Bulawayo says plastic money and Real Time Gross Settlements (RTGS) platforms from customers are not acceptable. This is because suppliers of the cooking oil are only accepting cash.
Cooking oil is one of the products listed under Statutory Instrument 64 of 2016, which removes several goods from the Open General Import Licence (OGIL).
“As you might be aware Zimbabwe no longer imports cooking oil, the local manufacturers are demanding cash payments on cooking oil orders that we book so that they can import critical raw materials. It is only cooking oil where we are demanding cash payments from our customers,” said the worker.
“We have also received a directive from the head office to accept cash payments only on cooking oil. We are not accepting RTGS and plastic money on cooking oil.”
A manager at the wholesale, Mr Eeben Ncube also confirmed the suspension of electronic payments such as plastic money on cooking oil from their customers.
“We are buying cooking oil on cash basis from suppliers. I have not really found out why that is so. Maybe it is an issue about where they are getting their raw materials. For further details get in touch with our director in Harare, Mr Barry Brown,” he said. chronicle
