Template preview Gallery — Slider More templates in the template gallery.
رواد و رائدات الأعمال Trending

The importers division reviews localising household-goods manufacturing

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.

Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.

The meeting closed by forming a joint Chamber–ministry committee, meeting weekly to follow implementation and reporting monthly to the federation’s board.

Where the divisions stand

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 small trader is not asking for a subsidy. He is asking for one clear rule that does not change every three months.
Ahmed El-Shahbandar, Chamber board member

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.

What happens next

  • lower customs release costs among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report to the federation’s board

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.

Noha El-Sawy

Written by

Noha El-Sawy

Companies correspondent · 33 stories · 6,853 followers

Companies correspondent at Bayt Al Toggar, following market decisions and what they do to trade and supply in Cairo.

Comments

4 comments

شهاب حارث

من وجهة نظري القرار متأخر ٣ سنين على الأقل.

المهندسة سماره فواز

من وجهة نظري القرار متأخر ٣ سنين على الأقل.

أ. همام مهران

شكرًا على التغطية. محتاجين تفاصيل أكتر عن مواعيد التطبيق.

ميساء عبد السلام

هل القرار ده بيسري على المستوردين بالتوكيل كمان، ولا على المستورد المباشر بس؟

Join the discussion

Every field is required unless marked otherwise.

Your address is never shown. It is used only to recognise your earlier comments.

Comments are reviewed before they are published. We keep your comment and your contact details to run the discussion, and for nothing else. Read the privacy policy

ع Sign in My account