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| News In Brief |
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IT |
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Ministry
Conducts Testing on e-litigation System |
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The Ministry of
Capacity Building (MoCB) disclosed that preliminary testing has been
conducted on the newly proposed e-litigation programme at the
Federal Supreme Court and on high courts of six towns. Upon the full
functioning of the system, it is hoped that it will deliver speedy,
accessible and transparent service to the public. E-litigation will
enable a plaintiff to file suit on the Internet and then follow his
case accordingly. The Ministry also said that it will enable
reliable and fast services for investors that will ultimately boost
their confidence.
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Source |
Press release, February 14, 2008
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Licensing |
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Southern
Regional Agency Licenses Investors with 450m Br Capital |
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The Southern
Nations, Nationalities and Peoples Regional State Investment Agency
said that investors with 450 million Br registered capital have been
licensed over the past six months. Yishak Azaj, the Agency’s
investment programme execution and industry promotion department
head, said that the over 130 investors have been licensed to engage
in trade, agriculture, construction of residential houses, industry,
social services delivery, hotel and tourism sectors. He further said
that the investors are currently working to launch construction that
would create more than 8,000 jobs upon going fully operational.
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Source |
The
Ethiopian Herald, February 10, 2008 |
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Capital |
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Ministry Says
Seven Bln Birr Loans, Grants Secured in Six Months |
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The Ministry of
Finance and Economic Development (MoFED) announced that Ethiopia has
secured seven billion Birr in loans and grants over the last six
months. It also said that the country has enjoyed debt cancellation
amounting to 869.4 million Birr during the reported period. Getachew
Admasu, the Ministry’s public relations and information department
head, said that Ethiopia has signed various bilateral and
multilateral agreements providing for the stated with development
partners and multilateral organisations.
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Source |
The Ethiopian Herald, February 12, 2008 |
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Investment |
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Capital’s
Investment Authority Licenses Seven Bln Birr Projects |
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The Addis Abeba
Investment Authority issued investment licenses to projects worth
more than seven billion Birr during the first half of the current
Ethiopian fiscal year. Abraham Fanta, Authority investment promotion
team leader, said 857 investment projects have received licenses so
far. The projects focus on manufacturing, construction, education,
hotel and tourism development and health and would create jobs for
73,000 people.
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Source |
The
Ethiopian Herald, February 12, 2008 |
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Anticorruption |
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Anticorruption
Comm’n Receives 1,687 Tips in Six months |
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The Federal
Ethics and Anticorruption Commission announced that it has received
1,687 tip-offs against corruption in public affairs over the past
six months. Berhanu Assefa, Commission education and public
relations department director, said that the number exceeded that of
the same period last year by 1,000 cases, attributing the increase
to more public awareness against corruption.
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Source |
Guardian,
February 9, 2008 |
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Construction |
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Jimma Investors
Undertaking 56m Br Construction Projects |
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Forty-five
investors with a capital of 56 million Br started constructions for
various investment activities in the Jimma, according to Kefyalew
Ayana, the town’s deputy mayor. Kefyalew said that the investors
will participate on trade, urban agriculture, real estate, tourism,
entertainment and other social services. The constructions have
already created job opportunities for 550 persons and are expected
to absorb 1,300 more when the investments go operational fully. He
added that a 14hct plot furnished with infrastructure is prepared
for investors in the city.
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Source |
Addis Zemen, February 12, 2008 |
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Revenue |
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East Harerge
Zone Collects 58.6m Br Revenue |
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The East
Harerge Zone Revenue Department disclosed that it has collected 58.6
million Br in the past six months. The revenue is up by half a
million Birr from the previous year’s corresponding period.
Abdulrezak Abubakar, revenue collection head at the Department, said
that the revenue is collected from direct and indirect sources,
khat tax, trade tax, salary tax and other income sources. The
Department is planning to collect 136.5 million Br in the budget
year.
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Source |
Addis Zemen, February 11, 2008 |
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Power |
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Sterlite
Technologies Grabs $17.5m EEPCo Power Supply Contract |
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Sterlite
Technologies Ltd, a power conductors and fibre optic cable
manufacturing company, bagged a 17.5 million dollar contract from
the Ethiopian Electric Power Corporation (EEPCo) for the supply of
power transmission conductors, the Indian-based company said. As per
the agreement, the company will deliver over 17,000Km of AAAC
conductors, to be installed on the 4,000Km route of the Accelerated
Electrification Program (AEP) from April to September 2008. The
project is being executed with funding fromthe World Bank.
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Source |
The Daily Monitor, February 12, 2008 |
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Merger |
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Revenues
Ministry to Merge Three Agencies |
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The Ministry of
Revenues (MoR) announced that the government will not just
coordinate the activities of the Ethiopian Customs, Inland Revenue
Authority and the National Lottery Administration; it will merge
them all. The three government bodies, particularly the Customs
Authority and the Inland Revenue Authority have in the past been
characterised by many for their inefficient services and corrupt
staff.
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Source |
The
Daily Monitor, February 9, 2008 |
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Customs |
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Customs Fires
Six Nazareth Managers |
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The Ethiopian
Customs Authority fired six managers of the Nazreth (Adama)
Customs Bureau, including the general manager. The operation section
head, price setting bureau head, the customs area manager, documents
estimation unit head and the information head were told to submit
any property on their hands.
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Source |
Negadras, February 8, 2008 |
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Agriculture
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Butajira
Farmers’ Union Earmarks 26.4m Br for Agriculture Inputs, Loans |
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Walta Farmer’s
Cooperative Union operating in Butajira town in Gurage Zone of the
Southern Nations, Nationalities and Peoples Regional State (SNNPRS)
said it has earmarked 26.4 million Br for the purchase of
agricultural inputs and loan provisions. Speaking at the conclusion
of the annual meeting of the Union held in the town last Saturday,
Manyazewal Ogata, Union general manager, said the Union has already
purchased over 35,000qts of fertilizer.
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Source |
Addis Zemen, February 12, 2008 |
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