Ethiopia: Ministry to Give Mining License to ASCOM
Ascom Mining, an international mining company exploring gold in Ethiopia, is going to get a license for a large scale gold mining from Ministry of Mines.
Ethiopia: Ministry to Increase Wheat and Sugar Supply
Ministry of Trade of Ethiopia disclosed it will increase Addis Ababa’s wheat flour and sugar supply as the demand for food items keeps on rising.
Ethiopia: Ministry to Introduce New Petroleum Quality Detecting Laboratories
The Ministry of Water, Irrigation and Energy is to launch new petroleum quality detecting digital laboratories and fuel analyzers worth 12 million Birr, Addis Fortune reported.
Ethiopia: Ministry to Revise Profit Margin for Oil
A draft regulation prepared by the Ministry of Trade (MoT) which revises the profit margin of oil companies and dealers in Ethiopia has been submitted to the Council of Ministers.
Ethiopia: Ministry to Target Illegal Traders with a View to Increasing Export
The Ministry of Trade and Regional Integration identified contraband and illegal trade as major bottlenecks for the export trade. The Ministry stated that it would target and work on addressing problems that would hamper the growth of the country’s export performance.
According to the Ministry, both legally recognized and illegal traders participate in unlawful trade activities. The Ministry’s Export Trade Executive Director, Gemechis Melaku, underscored that strict control mechanisms and legal enforcement measures on illegal traders around border areas would positively affect the country’s export performance during the 2022/2023 fiscal year.
