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| News In Brief |
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ROADS |
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Amhara State Repairs 500km |
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Amhara Regional State Rural Roads
Authority has repaired 500km of roads in the region within the past
five months, it reported. A total of 2,248km of roads, including
three bridges are planned to be repaired for this budget year,
according to Getnet Zewdu, public relations work process owner with
the authority. The state authority has allocated a 51 million Br
budget for road maintenance.
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Publication |
The Ethiopian Herald, January 4,
2012. |
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Capital’s Roads Authority Signs 150m
Br-worth of Agreements |
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Over 150 million Br in road
construction agreements were signed between the Addis Abeba City
Roads Authority (AACRA) and contractors and consulting firms for the
construction and supervision of five road projects in the city on
Friday, December 30, 2011, according to the authority. Some 146.9
million Br is for the construction, while 16 million Br is for the
design and study of the road projects, according to the agreement.
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Publication |
The Ethiopian Herald, December 31,
2011. |
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CEMENT |
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Quintal of Cement down to 240 Br
from 500 Br |
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The cost of cement has significantly
been decreasing after the total number cement factories reached 15
in the country, the Ministry of Industry (MoI) said. The cost for a
quintal of cement has now been reduced to 240 Br from the previous
500 Br and above, according to Shimeles Wolde, chemical industry
development director at the Ministry. Muger, Messobo, and National
are among the 15 cement factories that are supplying a total of 5.3
million tonnes of cement to the market.
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Publication |
Addis Zemen, January 1, 2012. |
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Dire Dawa Cement Factory Expansion
Commences |
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The expansion of the Dire Dawa
Cement Factory, 515km from the capital is underway at a cost of
nearly one million birr, according to the company. There is a plan
to produce over 45,000ql of cement while creating 1,000 jobs. It is
entering the production phase in the coming four months, according
to Habtamu Tekle, project manager of the company.
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Publication |
The Ethiopian Herald, December 31,
2011. |
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REVENUE |
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Revenues Auth. Rewards Reach 24.7m
Br in Last Five Months |
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The Ethiopian Revenues & Customs
Authority (ERCA) offered rewards totalling of 24.7 million Br to
informants who contributed tangible information in the fight against
smuggling and tax evasion. The ERCA offered the rewards in the
five-month period from July 1, 2011, to December 30. The informants
collected their rewards from 17 branch offices of the ERCA.
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Publication |
Addis Zemen, January 1, 2012. |
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W Gojam Zone Collects 82m Br in
Revenue |
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Close to 82 million Br in revenue
was collected from different income titles in West Gojam Zone,
Amhara Regional State, during the last five months, the zone’s
revenue department said. The revenue was collected from 18 weredas
and urban administrations in the zone, according to Jembere Workneh,
department manager at the Zone. The department set the target to
collect a total of 161.3 million Br in revenue during the budget
year.
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Publication |
Addis Zemen, January 2, 2012. |
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Exports Reach $1.1b in Last Five
Months |
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Ethiopia has secured more than 1.1
billion dollars in revenue from the export of various commodities
over the past five months, the Ministry of Trade (MoT) said. The
revenue exceeds that of same period last year by 227.5 million
dollars. The country has exported about 35 types of agricultural and
industrial products to more than 120 countries worldwide during the
reported period.
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Publication |
The Ethiopian Herald, January 1,
2012. |
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ELECTRICITY |
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N Gondar Zone Electrifies Three
Towns |
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Three rural towns, Zabzaba, Amchaho,
and Atsedemariam, in Alefa Wereda, North Gondar Zone can now access
fulltime electric power. The towns, which collectively have eight
thousand people, are beneficiaries of the government’s plan to
expand electric service to rural parts of the country, according to
Tadele Alemu, wereda deputy chief.
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Publication |
The Ethiopian Herald, January 4,
2012. |
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RECREATION |
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SC to Build Recreation Centre at
96.5m Br |
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True Way Capital Services SC is to
build a park and a family recreation centre on a 4,400km plot of
land around CMC area, at a cost of 96.5 million Br, according to the
company. Some 50 million Br has been collected from the sale of
shares. The company envisions collecting 38pc profit, annually, from
the centre, according to Bekele Eshete, general director of the
board.
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Publication |
Reporter, December 16, 2011. |
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