2merkato

The Revenues and Customs Authority of Ethiopia has requested that all Non Governmental Organizations to submit their service and goods procurement lists for the past four years.

ERCA has requested that the NGOs received a letter from the authority with an attached form to deliver the requested information according to sources. The organizations are expected to deliver the information within a month.

The NGOs are expected to state the name of their suppliers for goods and services procured in the past four years along with their tax identification number. The authority requires all goods and services procured in the country and imports to be filled out on the form with the full information of the providers.

Ethiopian Entrepreneur Bethlehem Tilahun, founder and Chief Executive of Sole Rebels footwear was selected by The Schwab Foundation for Social Entrepreneurship for the Social Entrepreneur of The Year Award at the 2012 World Economic Forum on Africa. The World Economic Forum is taking place in Addis Ababa from the 9th of May to the 11th.

The panel for the award included Quincy Jones, American music icon and Muhammad Yunus Nobel Prize Laureate and father of microfinance amongst other international luminaries.

Bethlehem is the first Ethiopian to win the award.

The Revenue and Customs Authority in Ethiopia cautioned the businesses in Dire Dawa and Harar to handle receipts better.

Officials from the authority met with members of the business community last week and warned that businesses were not issuing receipts for all their transactions.

The government will enforce the law if businesses do not put in cash register machines and use them appropriately said federal and local officials to participants. 

The Fourth Addis International Construction and Third Real Estate Trade Fair was held in the capital of Ethiopia from the 3rd to the 6th of May. The fair was organized by HPP Ethiopia, a Dutch company and an estimated 40 companies exhibiting domestic products and imports were featured.

Several local manufacturers of construction materials took part in the fair such as Oromia Pipe factory, and Ethiopian Steel PLC.