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Ethiopia to Enhance Apiculture

Ethiopia is working to enhance the apiculture sector according to the Ministry of Agriculture.

The ministry has put in place the regulatory framework to support the sector including the Bee Resource Development Protection Law, the Beekeeping Extension Package and Strategy, and the Honey and Wax Quality Control Regulations.

The MoA is also providing training programs to farmers while the Holeta Bee Research Center is conducting a range of research to address challenges in the sector said Tarekegn Tsige Head of Public Relations with the ministry.

The equipment required to launch bee keeping efforts is also being produced domestically he added.

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The year on year inflation rate in Ethiopia falls to 20.9% in June

The year on year inflation rate in Ethiopia fell to 20.9% in June from 25.5% in May showing a decrease for the fourth straight month according to the Central Statistics Agency.

Year on year food prices also lowered to 21.5% from 29.2% in May while non-food inflation increased slightly to 19.8% from 19.6% in the previous month said the agency.

Prices did not show any change month on month.

The inflation rate in Ethiopia is expected to keep decreasing and reach single digit figure in November.

The year-on-year inflation rate fell to 32% in the new year compared to 35.9% in December. It, however, rose to 36.3% in February. It has been steadily decreasing from March onwards. It was 32.5% in March, then fell to 29.8% in April.

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Tsehay Industrial to Takeover Kality Metal

Tsehay Industrials plc is to takeover the publicly Kality Metal Products Factory three months after being declared the winner in the privatization bid tendered by the Ethiopian Privatization and Public Enterprises Supervising Agency.

The handover process was delayed for three months while the agency reviewed the company’s financial capacity to run the factory once it takes it over. Tsehay acquired the manufacturing company for 55 million birr and has paid 35% pre-payment and will pay the remaining 65% over five years.

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Ethiopian Airlines to Enhance Cargo Services

Ethiopian Airlines is to improve cargo services to increase foreign trade in the country. The airline is in the process of constructing a cargo terminal with the capacity to handle 1.2 million tons of cargo as part of its ambition to improve the services according to the Public Relations Office of the airline.

The construction of the terminal will be carried out in two phases.

Ethiopian will also plan to construct a cold warehouse in the next four months to aid in efforts to develop cargo services.

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ERPA Enact Measures On Radiation Emitting Institutes

The Ethiopian Radiation Protection Authority took steps to protect the public from radiation by enacting corrective measures on 58 institutions it announced.

The authority carried out inspections on the institutions in response to tips received from the public in Addis Ababa and other parts of the country according to Abdurezak Oumer, Director General of the Authority.

The authority has banned services that were delivered through equipment that emitted unacceptable levels of radioactivity he said.

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