2merkato

Thirty two of the forty five International companies expected to participate in the  Ethiopian Chamber of Commerce and Sectoral Association (ECCSA) trade fair are Egyptian according to Gashaw Debebe, Secretary General of ECCSA.

Companies from across the globe had been invited to take part in the trade fair through Ethiopian embassies and national chambers Gashaw said.

The significant representation of Egyptian companies suggests that the Business Council of Egypt was effective in promoting the opportunities available in Ethiopia to the Egyptian business community he noted.

Ethiopian Trade Minister Abdurahman Sheikh Mohammed and Minister of State for Trade Ahmed Tussa were removed from their posts last week. The two ministers have been replaced just over a year after their appointment.

The Ethiopian Transport Authority expects to commence automated vehicle testing as soon as next month it was reported. The authority is close to set standards for vehicle testing in Ethiopia.

The standards are being modeled on those established by other countries such as Indonesia and Kenya and customized to fit the realities in Ethiopia according to officials at the authority.

The transport authority of Addis Ababa, Ethiopia warns transporters from overloading freight transports above the licensed capacity.

Transporters are required to put a tag notifying of the freight capacity of each truck with reference to the registration before the 9th of June said authority representatives at a meeting held earlier this week.  

The transport authority was forced to take corrective measures because some enterprises are illegally transporting trucks loaded with goods beyond their capacity even though they have been licensed to carry specific weight limits it was said.

Ethiopia has launched an online transport fee payment system that is hoped to transform the sector in several aspects.