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Consumer behaviourHe added that stock turnover improved by close to 12% over the last quarter, but that the cost of finance remains the first obstacle to expansion in the governorates.
A filmed report from TeN TV — The supply minister opens the model commercial registry inside the Cairo chamber.
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Chamber figures put the number of registered businesses at 41,000, up by 3,400 on last year, most of them in retail and logistics.
The ministry’s representative stressed that the new rules aim at transparency in the supply chain rather than at fixing prices, and that breaches will go to the Consumer Protection Agency.
He added that stock turnover improved by close to 12% over the last quarter, but that the cost of finance remains the first obstacle to expansion in the governorates.
A number of importers argue that the proposed timetable needs a transition period of at least six months, so that small businesses can adapt their accounting systems.
These articles are for Traders’ Circle members In-depth analysis and dossiers our editors write for Circle members.
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Editor-in-chief at Bayt Al Toggar, following market decisions and what they do to trade and supply in Cairo.
Fairs & conferences correspondent at Bayt Al Toggar, following market decisions and what they do to trade and supply in Cairo.
Samy Guirguis
Karim Fouad
