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.
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
The meeting closed by forming a joint Chamber–ministry committee, meeting weekly to follow implementation and reporting monthly to the federation’s board.
| Commodity | Last week | This week |
|---|---|---|
| Steel | 41,200 | 42,000 |
| Cement | 3,850 | 3,900 |
Transparency in the supply chain is not a burden on the market; it is what protects it from monopoly.
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 figures in brief
- localising household-goods manufacturing among next quarter’s priorities
- A review of the timetable with the trade divisions
- A monthly report 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.
Mostafa Abdel-Latif
Mona Abdel-Hakim