Friday, June 14, 2024

Tag: Export

Ethiopia steps forward to establish national quality council

The Ministry of Trade and Regional Integration (MoTRI) has finalized the validation of a draft National Quality Policy. The policy, which is the first...

Traceability prevents meat exporters from reaching Europe, North American markets

Lack of traceability has prevented abattoirs involved in the export of meat from shipping to European and Chinese markets.

War forces government to procure 3200 trucks to fill gap in logistics

The government of Ethiopia is forced to procure an additional 3200 trucks to ease port congestion and minimize demurrage costs of its logistics operation, which is partly precipitated by the war in the north, a situation led to the commandeering of over a thousand aid trucks by the Tigray People’s Liberation Front (TPLF).

Forex retention for all exporters lowered to 20%

The central bank drafted a new directive lowering the amount of foreign currency retained by exporters to 20 percent, two times lower than the requirement applicable since September 2021.

Eight New Abattoirs near completion amidst meager livestock supply

Eight new export slaughterhouses finalized more than 50 percent of their construction, with two of them already requesting operation permits, while others acquire machineries. Each of the slaughter houses have been constructed at a minimum investment cost of 200 million birr.

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