The Ministry of Revenues announced that a legal framework which regulates the import export trade between Ethiopia and Eritrea was being prepared. The ministry stated restrictions were imposed on fuel and other commodities sent to Eritrea. According to Revenues Minister Adanech Abebe, the legal framework will also include a tax system.
Ministry of Mines (MoM) disclosed it is not going to issue mineral exploration license in the South western part of Ethiopia, despite the area is known for its mineral deposits.
The Ethiopian Ministry of Transport and Logistics announced newly imported vehicles can get licensed without having to install a speed limiter. However, the owners of the vehicles will be required to enter a binding deal to have a speed limiter installed whenever required to.
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.
The Ministry of Communication and Information Technology signed an agreement with Global Communication Solutions for electronically facilitating unified payment of monthly telephone, electric and water bills. The system would help save time and labour.
Dr. Ahmed, GCS’s CEO, said that his organization was working with the government to address overdue billing problems. He said the agreement would be effective within three years after six months probation period.
The first phase of the system will be applied in 42 service rendering institutions of Addis Ababa while the second phase will be applied in Adama, BahirDar, Hawassa and Makalle.
Delegates from Ethiopian Electric and Power Corporation, Ethio-Telecom, Addis Ababa Water and Sewerage Authority attended the event.
Source: ENA
