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The Ministry of Justice disclosed that the Commercial Code of Ethiopia is under revision due to its incompatibility with the constitution and the economic and social realities of the country, Ethiopian News Agency reported.

Zimbabwe is gaining from Ethiopia’s best practices on Kaizen implementation strategy as it has managed to improve products and productivity of manufacturing industries including other productive sectors as well, The Ethiopian Herald reported.

A new metal detecting machine made by Depar General Trading Company is said to be productive with the potential to change the work conditions of gold miners, The Ethiopian Herald reported.

The Ethiopian Investment Commission (EIC) announced that it had revoked licenses of foreign investors for failing to implement projects after receiving land, Fana Broadcasting Corporate reported.

Egyptian Commercial Office in Addis Ababa and Egyptian Export Council for Medical Industries conjointly organized medical industries seminar which would be held on 26 February at Raddison Blue Hotel. The seminar is expected to demonstrate Egyptian medical industries capability in the industry, the embassy announced on 16 February.

The Ministry of Mines, Petroleum and Natural Gas announced that Ethiopia had earned 150 million USD from the export of different items of minerals in the first half of this budget year, Walta Information Center reported.

A group of Ethiopians in the Diaspora are going to build a large business center in Addis Ababa at a cost of 2.6 billion birr, Fana Broadcasting Corporate reported.

The Federal Trade Competition and Consumer Protection Authority yesterday offered a training aimed at promoting smooth trade competition, protecting consumer’s right as well as creating awareness on trade merger, The Ethiopian Herald reported.

Metals and Engineering Corporation (METEC) announced that it had begun assembling cargo locomotives for the new Ethiopia-Djibouti railway line which is at its final phase to commence operation, Fana Broadcasting Corporate reported.

Business leaders in Kenya and Ethiopia agreed to push their respective governments to implement a bilateral trade agreement signed in 2012, Walta Information Center reported.