2merkato

The project to construct ten sugar factories launched in different parts of Ethiopia estimated to be worth 80 billion birr is progressing well according to the Ethiopian Sugar Corporation.

Various parts of the project including the construction of dams and roads, irrigation and infrastructure development is well under way in the parts of the country where the projects are being launched said Yilma Tibebu, Director of Legal and Public Relations with the Corporation according to Yilma Tibebu.  

The projects are being developed in the Afar, Amhara, Tigray and Southern Regional States as part of plans to enable the country to become one of the top ten sugar exporters in the world.

Colba Tannery, Ethiopia has received environmental protection and quality accreditation from a UK based ISO Quaar. The accreditation means that Colba is one of the four tanneries with ISO certification.

Colba is the only company to receive both certificates at the same time according to the company officials.

The company, which received an ISO 9001/2008 certificate for its quality management system and the the ISO 14001/2004 certificate for its environmental management system, is owned by Ayele Dejene.

The Ethiopian Sugar Corporation is working to enhance the capacity of its leadership and executives to support the development of projects in the country announced the Corporation.

Developing the capacity of executives is important to develop the sector noted Abay Tsehaye, Director General of the ESC at a training organized for leaders and experts of the corporation.

The training was designed to focus on areas such as development, sugar development, globalization and Kaizen management.

The Ethiopian manufacturing sector failed to meet the projected earnings with the various sub sectors bringing in between 63% and 49.4% of anticipated earnings.

The textile and garment sub sector earned 84.6 million US dollars which falls short of the 171.4 million US dollars projected for the past fiscal year. The earnings from the sector where however 36% more than what was earned by the sector in the previous year according to information obtained from the Ministry of Industry.

Ayka Addis Textile and Investment Group is responsible for 71% of the earnings from the textile sector.

Tecno Telecom has inaugurated its second assembly plant in Ethiopia this year. The second plant launched by the Hong Kong based company has the capacity to assemble 200 thousand handsets a month in addition to the 60 thousand units being produced by the first plant.

Techno has introduced 13 brands on the Ethiopian market including a smart phone with the demand for the product increasing said Levi Girma, a partner of Tecno Telecom Ethiopia Ltd.

The company is able to sell all it produces because demand exceeds the available supply which is why Tecno implemented the second phase of the project he added.