The Ethiopian Ministry of Trade is to exert effort to reform the trade system in Ethiopia according to Siraj Ali State Minister speaking at a forum organized by the ministry.
The conference was organized by the Ministry of Trade to discuss draft proclamations known as ‘Technical Regulations’ and ‘Mandatory Standards.’
Ethiopia is drafting a new regulation to control the raw hide and skins market according to the Ministry of Industry.
The new regulation will aim to create harmony between the market chain and the circulation of raw hides and skins to solve challenges created by speculation and consequent increases in price that is affecting the flow between tanneries and suppliers.
The regulation being drafted by the MoI in collaboration with other stakeholders in the sector such as the Leather Industry Development Institute is expected to be submitted to the House of People’s Representatives by the end of the current financial year.
The National Bank of Ethiopia is to issue a new directive for mobile banking directives. The central bank regulation officials 
and presidents of banks had final discussions on the draft regulation last week.
The bank circulated the draft regulation to all banks for comments and expects it to come into effect in three weeks time according to sources.
The regulation will control the way in which mobile banking is implemented, identifying and protecting users and how much money can be transacted.
September. Residential loans will be offered mainly in Addis Ababa, Ethiopia, sources at bank said yesterday. Having obtained capital injection from the Public Financial Institutions Supervising Agency (PFISA), the bank has decided to set aside budget for residential housing cooperatives to solve its capital shortage. The bank’s request for a 1.5 billion birr capital injection was submitted to the PFISA in 2008.
The Ministry of Culture and Tourism (MoCT) unveiled preparation of the new Ethiopia’s tourism logo has been finalized.
