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Ministry Temporarily Halts Mandatory Speed Limiter Installation on Cars Imported to Ethiopia

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Category: Latest Business Alerts

ministry-of-transport-and-logisticsThe 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.

Last Updated on 15 December 2021
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Ministry to Amend the Ethiopian Commercial Code

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Category: Latest Business Alerts

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.

Last Updated on 20 February 2016
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Ministry to Launch Unified Billing System

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Category: ICT and Telecom

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

Last Updated on 14 August 2013

Minsk Motor Plant Shipped First Batch of Products to Ethiopia

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Category: Latest Business Alerts

The Belarusian Minsk Motor Plant shipped the first batch of products to Ethiopia, Belarusian Telegraph Agency (elTA) reported.

“We shipped 71 engines to this market where they will be used to re-equip ZiL 130/131 and GAZ-66 vehicles. There are good prospects to expand deliveries to this new market. We have stepped up our efforts to explore and penetrate the markets of Africa, Latin America and Asia. These markets are very promising for us. We have already delivered the first batch of products to Myanmar, Burkina Faso, the Dominican Republic and Mexico,” the company said.

Last Updated on 20 September 2013
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Mitsubishi Corporation Shows Interest to Invest in Ethiopia

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Category: Latest Business Alerts

Mitsubishi Corporation stated that it was interested to invest in Ethiopia in the textile and automotive sectors. Tetsuya Shinohara, Vice President of Mitsubishi Corporation, expressed his company’s interest during a visit to Ambassador of Ethiopia to Japan, Tefera Derbew.

Mitsubishi is currently involved in the construction of the Tulu Moye Geothermal Power Plant which has an expected capacity of generating 50MW of electricity when it becomes operational.

Source: Fana BC

Last Updated on 16 December 2022

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