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Wholesale

 

 

WHOLESALE AND RETAIL, HOTEL AND RESTAURANT SERVICES (2008)

 

 

   

The Distributive Sector recorded an estimated growth rate of 0.1 per cent relative to 2007. It’s contribution to GDP was 19.0 per cent and the sector employed 23.3 per cent of the labour force. Improvements in the sector were attributed to:

 

-                        Increases in the volume of remittances

-                        Loans and advances by commercial banks to distributors and consumers

-                        Activities in the Tourist Industry

-                        Increases in Imports

 

 

POLICY AND REGULATION

Regulation of the Distributive Sector is done mainly through four agencies namely:

 

-                        The Fair Trading Commission (FTC)

-                        The Consumer Affairs Commission (CAC)

-                        The Bureau of Standards Jamaica (BSJ) and

-                        The Trade Board (TB).

 

 

Fair Trading Commission (FTC)

During 2008, the FTC continued to enforce the requirements of the Fair Competition Act (FCA). The process of amending the Notices and Procedures Regulations was not advanced as the draft Bill was incomplete. The FTC prioritized areas such as:-

                  ·         Investigations of complaints on competition matters;

·         Assisting the Ministry of Foreign Affairs in formulating competition policy relating to issues affecting CARICOM,

·         Spearheading competition advocacy through the coordination of activities that provide information about the role of the FTC and how that role overlaps with other government agencies and educating the public on competition issues.

A total of 472 new cases were investigated in 2008, compared to 764 in 2007. Of this total 416 were resolved. Misleading advertisements accounted for the largest number of complaints. The industry with the most investigations was Agricultural Products and Agro Processing with (95 cases) while Transportation had the least amount with 22 cases.

 

Consumer Affairs Commission (CAC)

The Consumer Affairs Commission is entrusted with the responsibility to represent consumer interest in both national and regional matters. It continued its programme on educating the public on the rights and responsibilities of the consumers. The CAC plays an instrumental role in implementing the National Disaster Management Plan which seeks to assess the preparedness of the Distributive Sector in coping with the negative impact of disasters on consumers. The Agency also kept the public informed by publishing the prices of basic food items on a weekly/monthly basis. During the year the number of complaints reviewed totalled 1,502 of which 1,476 were settled. Complaints were made concerning electrical equipment and appliances, utilities and payment difficulties and other services. In addition, 2,508 consumers sought advice from the CAC which secured approximately $19.8 million consumer refunds on behalf of consumers.

 

Bureau of Standards Jamaica (BSJ)

The BSJ continued jurisdiction over the enforcement of the Standards, Weights and Measures, Act and Processed Food Acts. Recommendation for the New Standards Act and the Metrology Act were prepared and submitted to the Ministry of Industry, Investment and Commerce (MIIC). Under these Acts the Bureau will be mandated to undertake investigations in relation to the implementation of standards for goods and services, as well as enforcing compliance with regulations dealing with health and safety.

As part of its mandate the BSJ undertakes site visits to establishments in order to enforce the Standards Act. During 2008, the BSJ made approximately 13,308 site visits, which was 2,796 more than the previous year. Overall at the port of entry a total 5,262 containers were inspected and 48.0 per cent of the goods did not conform to the Standards Act. Goods that were in breach of the Standards Act included garments, footwear, appliances and food items.

 

 

Trade Board Limited

The Trade Board is responsible for administering and enforcing the Trade Act. Additionally, the Trade Board monitors the issuance of licences required for the importation of specific goods. During 2008 a total of 21,802 vehicles were imported, 5,407 less than the previous year. Permits were issued for the importation of sugar and milk powder; however there was a decline in the issuance of permits for items such as explosives/ammunitions, firearms, chemicals and gaming machines.

 

 

PERFORMANCE INDICATORS

The Distributive Sector comprises various categories broadly referred to as micro-enterprises, small enterprises and large firms.

 

The primary categories of goods which showed the highest sales in 2008 were

-                        Hardware, building supplies and electrical goods

-                        Chemicals, pharmaceuticals and cosmetics

-                        Automobiles, commercial and transport and equipment

 

Sales for the hardware group increased by 5.0 per cent during 2008. This was driven by the expansion in sales of lumber and building materials which are widely used in the Construction Sector.

 

Sales in chemicals, pharmaceuticals and cosmetics accounted for the largest increase of 10.6 per cent. However sales for the industrial and non-industrial chemical sub-category was 0.3 per cent lower than 2007. The automobiles, commercial and transport equipment sub-sector recorded a 2.4 per cent reduction in sales. The primary reason for this was a reduction in the sale of motor vehicles, auto parts and accessories. The decline outweighed increases in sales by importers of motor vehicles.

 

The furniture, furnishings, office equipment and jewellery distributors registered the largest decline in sales of 24.5 per cent in 2008. The food, beverages and tobacco sub-category recorded a reduction of 5.2 per cent in 2008 compared to 2007. This reduction may be attributed to low sales by wholesale and supermarket grocers.

 

The minerals, fuels, lubricants and petroleum producers sub-category grew by 4.1 per cent, which was due to increased sales by distributors of petroleum/ gasoline and lubricant oil and gases.

 

TOURISM

Jamaica’s tourism sector experienced growth of 2.7 per cent during 2008 compared to 2007. Stop over arrivals and visitor expenditure increased. However, there was a decline in the average length of stay. This was as a result of the global economic downturn and a decline in consumer confidence in the main source markets. The overall performance of the sector was slow especially during the second half of the year.

 

 

 

Source: The Economic and Social Survey Jamaica 2008

 

Updated November 2009

 

 

 

 

 



 

 

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