2merkato

Garages in the capital of Ethiopia got a go-ahead from Addis Abba City Bureau (AACTB) to renew their license without complying with the standards Federal Transport Authority (FTA) set back in 2012.

Yetebaberut Beherawi Petroleum S.C. (YBP) is set to build a 12 storey building which will serve as its headquarter. The building is going to lay on 400 Square Meters behind YBP’s service station site at CMC and expected to cost 50 Million Birr.

Akili Creative Agency concluded 600,000 Birr contract which gives it five years deal to use 4,000 Square Meters land and the surface of Ethiopian Grain Trade Enterprise’s (EGTE) 43 silos that are located at Gotera area.

Addis Ababa Light Rail Transit (AALRT) is set to official start trial operation in a month time, February 2015.

In the past five months Ethiopia imported over 3,000 tons of cotton in order to meet the local raw material demand for textile industries. This was disclosed by the Textile Industry Development Institute (TIDI).

United Bank S.C. gave award to 63 companies that are in the export sector and worked with the Bank during the 2013/2014 fiscal year. The award ceremony was held on Tuesday, December 30, 2014 at Addis Ababa Hilton Hotel.

Julphar Ethiopia Pharmaceutical Industry as an expansion of its factory is going to start Africa’s first insulin factory.

Ministry of Transport announced Ethiopia is going to start using Sudan’s main seaport for the importing goods.

A new customs proclamation is promulgated and is in effect as of Wednesday December 24, 2014. The new bill has fully replaced the former customs bill, Proclamation Number 622/2009.

Sisay Gemechu, State Minister for Industry, is now appointed as the new chief executive officer (CEO) of the Ethiopian Industrial Park Development Corporation (IPDC).