2merkato

The Shipping and Logistics Enterprise of Ethiopia has made a minimum of 9% discount on ocean freight transport for the next month.

The Enterprise did not officially announce the discount, which has been effective since the 9th of February with importers discovering it through lower prices on shipments.

The discount is due to the coordinated efforts of the various government agencies that have come together to form the new Enterprise according to an official.

Airbus expects a six month on the A350-XWB aircraft on order by Ethiopian Airlines, Ethiopia’s flag carrier. The delay has not caused complications with customers according to Airbus officials.

It is to be remembered that Ethiopian Airlines signed the 2.9 billion dollar agreement for the purchase of the aircraft in 2009.

The deal was signed for Ethiopian Airlines by former airline Chief Executive Officer Girma Wake.

The Revenues and Customs Authority of Ethiopia has submitted a shortlist of six companies to conduct a national revenues potential study to the World Bank.

The firm selected to conduct the job will be required to measure the revenue productivity of each tax and discover discrepancies between potential revenue and the revenue being actually collected.

The study will reveal strength’s and weakness on the part of ERCA in its efforts to raise domestic revenue according to an official with the authority.

The Revenues and Customs Authority of Ethiopia is to launch an electronic cargo tracking system on the road between Addis Ababa and Port Djibouti.

The effort, which will commence in two weeks, expects to track and monitor the transit of goods, to reduce customary theft that added up to 1.4% of commodities exported in the last fiscal year according to statistics from the International Cargo Securities Council.

Such acts of theft have negatively affected the image of Ethiopian exports on the international market claimed Belay Desta, Head of the Border Directorate with ERCA.