Bourse & prices

The foodstuffs division announces easier finance for small enterprises

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

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

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 Chamber’s view

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

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 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.

The figures in brief

  • an expanded Ahlan Ramadan fair among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report to the federation’s board

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

Comments

5 comments

ابتهال عبد الوهاب

اللي محتاجينه مش قرار جديد، اللي محتاجينه إن اللي موجود يتطبق.

نبيله عبد المعطي

عندي تحفظ على النقطة التانية في الخبر، الأرقام دي مش مطابقة لأرقام المصلحة.

فوزي عبد الكريم

تحية للغرفة على المتابعة. نتمنى استمرار النشر بنفس المستوى.

السيدة اسراء فواز

كلام سليم، بس التنفيذ هو المشكلة. إحنا سمعنا نفس الكلام السنة اللي فاتت.

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