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The Customs Authority announces rising building-material prices

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.

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.

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

The Chamber’s view

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 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

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.

Where the divisions stand

  • rising building-material prices among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report to the federation’s board

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.

Reem El-Qady

Written by

Reem El-Qady

Reports & studies correspondent · 38 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

4 comments

أ.د عبير عبد الرحيم

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

باهر عبد المهيمن

شكرًا على التغطية. محتاجين تفاصيل أكتر عن مواعيد التطبيق.

لميس عبد الكريم

الإفراج الجمركي هو المشكلة الحقيقية، والباقي تفاصيل.

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