Govt seeks to break impasse with SA retailers

Friday, October 14, 2016

The Ministry of Investment, Trade and Industry says it is working to resolve the impasse with South African retailers over trade licences for business lines reserved for citizens.

According to the Trade Act of 2003, businesses such as; auctioneers, car wash, cleaning services, curio shop, fresh produce, general clothing, general dealer and hairdresser are exclusively reserved for citizens.

Chief commercial officer for the citizen economic empowerment (CEE), Banusi Mbaakanyi said mall developers have been complaining that there are no local companies that are capable of supplying malls.

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Govt seeks to break impasse with SA retailers

The Ministry of Investment, Trade and Industry says it is working to resolve the impasse with South African retailers over trade licences for business lines reserved for citizens.