It is critical to find a consistent source of raw materials for the business. As a result, the company must identify a source from which raw materials can be obtained on a regular basis. In Zambia, registering a cooking oil business is required. The business is granted a trade license once the registration is completed.
Why is cooking oil important in Zambia?
Zambians enjoy eating delectable cuisine. Cooking oil is an essential ingredient in the preparation of delectable food. As a result, if you are an aspiring entrepreneur looking to start a new business, the cooking oil industry is an excellent choice.
How does Mrs kamuwikeni make cooking oil?
Mrs. Kamuwikeni extracts the oil with the expeller, then cleans it by adding water and boiling. After filtering the oil, she bottles it. Mrs Kamuwikeni can sell a 25-kg bag of sunflower for 150 Zambia Kwacha ($6.60 US). Or she can process that bag into 10 litres of cooking oil and sell it for 430 Kwacha ($19 US).
How much does kamuwikeni pay for cooking oil?
The same bag can be processed into 10 litres of cooking oil, which Mrs. Kamuwikeni can sell for 430 Zambia Kwacha (about $19 US). She sells the oil in 750-millilitre bottles for 28 Zambia Kwacha (about $1.25 US). She pays 0.50 Zambia Kwacha (about $0.02 US) per kilogram to a miller who owns an expeller.