SUPERMARKETS
SA retailers get to grips with Namibia charter
SA retailers supplying products to Namibia have to abide by that country’s retail charter, which aims to control access to the local market to allow for the development of local suppliers. The Spar Group is among those finding it challenging to operate in Namibia because local supplies are not always readily available. The retail charter was introduced by the Namibian government in 2016 to promote increased procurement of locally grown and manufactured goods. It has become the Achilles heel for SA retailers, which would largely have home products in their stores. According to the Namibian Trade Forum, one of the main objectives of the charter is to increase the retail shelf space devoted to local products. The charter aims to raise local procurement from 6% of purchases of all retailers, ultimately ensuring that 20% of products are sourced locally. "Should there be a short supply of product, this often results in stores not having sufficient stock for at least two weeks, if not long...
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