2merkato

The mining sector in Ethiopia earned 293 million US dollars over the last two quarters according to the Ministry of Mines. 218.2 million US dollars of the revenue was earned by Artisan miners.

The mining exports included Gold (5484 kg), Tantalum (145 tons), Jewels and Minerals (7339 kg) Marble (532m3) and Platinum (350g).

Additional income of 600 thousand dollars was earned by geological surveys carried out by the Ministry of Mines according to Bacha Faji, Department Head of Public Relations and Communication with the MoM. The ministry conducted 22,409 mining samples he noted.

The Ministry of Urban Development and Housing (MoUDH) revealed its plan to build a total of 2.4 million houses at a national level in the second Growth and Transformation Plan (GTP-II) period yesterday at a three-day national conference, Fana Broadcasting Corporate reported.

The Ethiopian Ministry of Finance and Development denied rumors about wheat scarcity on the local market. The Ministry said that it had distributed 8 million quintals contributing to the decline in the inflation of food items for the month of December.

Rumors that a shortage of wheat could translate into a scarcity of bread on the market in the next 2 weeks are unfounded said the Ministry.

There is currently 2 million quintals of wheat in stock and the government intends to supply a total of 4 million quintals to the market within  the first week of the coming February said Haji Mohammed, Head of Public Relations with MoFED.

The Ethiopian Ministry of Urban Development and Construction issued a detailed implementation strategy for the proper enactment of the land lease proclamation on December 26, 2012.

The strategic plan helps with the proper implementation of the proclamation according to Israel Tesfaye, Head of the Ministry’s Land Development and Administration Bureau.

The plan aims at addressing issues including land development, rehabilitation and transfer as well as cadastral information management in a demarcated manner in the industrial zones. The implementation strategies are also expected to help embrace all zones within the lease system.

Ethiopia's Ministry of Health and Job Creation Commission (JCC) have signed a trilateral memorandum of understanding (MoU) with the UAE-based Response Plus Holdings PJSC in a bid to boost employment opportunities of Ethiopians in the UAE.