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Seychelles retailers decide on ‘fair' rise in profit margin

Local retailers have taken new steps to cover their operation costs and make a reasonable profit while providing an affordable service to customers.

This follows talks between the Retailers' Association of Seychelles (RAS) and other organisations involved in commerce when a 5% to 20% profit margin was agreed.

This includes a mark-up of 15% on all Seychelles Trading Company (STC) non-essential goods and 20% on other imported and local products and services.

Read the full article here

[27 Nov 2008 11:37]

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