Freight & customs

The importers division announces fully digital shop licensing

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.

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

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.

How the decision came about

The division head said the meeting examined the direct effect of the decision on supply inside the local market, and that the Chamber submitted a detailed memorandum carrying traders’ proposals on the timetable.

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

The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.

Where the divisions stand

  • falling global grain prices among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report to the federation’s board

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.

Written by

Reem El-Qady

Reports & studies correspondent · 25 stories · 7,567 followers

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

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