The Ethiopian Ministry of Mines is planning to draft a law to provide incentives for traditional gold artisans in various parts of the country in an effort to increase exports, Capital reported.
Sinkinesh Ejigu, Minister of Mines, told Capital that the planned law is at its early stage and will be submitted to Parliament after the second quarter of the current fiscal year.
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The Anbessa City Bus Enterprise is to launch a new service targeting commuters currently using taxis.
The new bus service which is scheduled to commence in March or April 2014 using 50 new buses with redesigned interior, is said to have an adjusted fare and improved service, including limited number of passengers in order to maintain the comfort of passengers.
Add a comment Add a commentThe Addis Ababa city's Beautification, Park & Cemetery Development & Administration Agency announced that 95pc of the construction of a 12,000sqm public park in Lideta district, has been completed, Fortune reported.
The park which is designed by K2N Architecture & Engineering Consultancy PLC and constructed by Koracon Construction, will cost a total of 26 million Ethiopian birr. The project is fully-funded by the Addis Abeba City Administration.
Add a comment Add a commentThe Ethiopian Shipping Lines & Logistics Service Enterprise’s (ESLSE) and the Ethiopian Petroleum Enterprise (EPE) are expected to conclude an agreement for the transport of petroleum in early 2014.
The ESLSE's will transport petroleum through its newly squired two oil tankers. This comes after a year of carrying other goods, pending a deal to be concluded with the EPE, according to Fortune.
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The National Bank of Ethiopia is considering amendment to its "Mobile and Agent Banking Services" directive enacted in January 2013, Fortune reported.
The directive opened the door for banks and micro-finance institutions to provide transaction-based mobile and agent banking services.
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