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RIMAIAgribusiness SchoolMy land

D-local-content Dictionary

Local-content requirement

A rule that buyers source a share of supply locally

An open dictionary on a farm office desk
Plain meaning
A rule that buyers source a share of supply locally
How to use it
Register with local-content schemes where they exist; they guarantee a share of the market.
South African benchmark
South African retailers run local-sourcing and enterprise development programmes for suppliers.
Country notes
Namibia's NAB market share promotion requires importers to source a share of horticulture locally.
Go and read
M8
Calculate it
T-M8-05 Market Price Comparator
Library sources
LIB-A046, LIB-A048, LIB-P-Tomato, LIB-P-Onion
Fresh Vegetables: the product, the five stages of the business, the unit it is sold by and where it is producedFresh Vegetables: how the business runsSold bykg or crates per hectare1Seedlings2Transplant3Harvest weekly4Grade and pack5Market agent or retailerZAZWZMBWNAProduces commerciallyImports most needsZA South Africa, ZW Zimbabwe, ZM Zambia, BW Botswana, NA Namibia
From the Fresh Vegetables Major, where this term is introduced.

Introduced in M8 Fresh Vegetables.