Tuesday, August 16, 2022

    Tag: Fertilizer

    Int’l Firms ‘sabotage’ fertilizer supply: officials

    The government blamed sabotage by international companies for fertilizer shortage and its price hike this year. Companies, mostly Egyptian, which participated in the bidding process,...

    Gov’t resorts to using fertilizers for prioritized crops

    With fertilizer in short supply, the government is resorting to prioritize its distribution based on crops' market value. By way of circumventing the problem, officials...

    Scarcity of fertilizer supply forces diplomacy

    The Government of Ethiopia is forced to deploy diplomacy as prices of fertilizer in the international market more than doubles, threatening Ethiopia’s foreign currency reserve. After repetitive international bids failed to fetch potential fertilizer suppliers, Ethiopian embassy in Russia is exerting efforts to directly access urea at factory prices, The Reporter has learnt.

    Social unrest, COVID thwart USD 3.7 billion project

    Social unrest and the Coronavirus pandemic block the construction of a USD 3.7 billion fertilizer production plant in Dire Dawa city, The Reporter has learnt.  

    Gov’t reconsiders Yayu Fertilizer JV

    A year after the government distanced the scandal-hit Metal and Engineering Corporation (MetEC) from the delayed construction of Yayu Fertilizer, three overseas companies have shown interest to resume the construction of the factory and commence with the production of fertilizer on a Joint Venture (JV) scheme.


    Ethiopia could lose up to USD eight billion if Ukraine war continues

    -It could cost Ethiopia 7.6 percent of GDP in...

    Fed unveils new tax to finance conflict rehabilitation project

    Officials expect 19.5 billion birr from the new tax...

    To survive foreign competition, central bank governor suggests mandatory mergers, acquisitions

    The bankers' association is upset about the tax on...

    According respect for freedom of movement

    The rule of law is a mechanism, process, institution,...