رواد و رائدات الأعمال

The Customs Authority warns of fully digital shop licensing

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.

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

The Chamber’s view

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

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

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

Where the divisions stand

  • 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

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.

Mostafa Abdel-Latif

Written by

Mostafa Abdel-Latif

Fairs & conferences correspondent · 38 stories · 10,478 followers

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

Comments

3 comments

أ.د مروة السقا

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

مروان عبد المجيد

الموضوع ده هيأثر على صغار التجار أكتر من الكبار، وده اللي محدش بيتكلم عنه.

Join the discussion

You are replying to مروان عبد المجيد. Cancel the reply and write a new comment

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