Addis Ababa, April 16 (MOTI) - The Ministry of Trade and Industry (MoTI) has announced that it is working to protect the rights of the consumer community and to establish the business system by enforcing the law on the business community in addition to increasing production and productivity and bridging the gap between demand and supply. State Minister for Regulatory Sector Eshete Asfaw said. The government has established a task force to successfully market the market from the federal to the lower woredas (woredas) from the pressures of illegal traders and smugglers who are distorting the trade system by causing shortage of commodities, inflation, increasing the price of goods for no apparent economic reason. The state minister said the government is working hard to protect the community
Addis Ababa, April 14, 2021 (MOTI) - The Ministry of Trade and Industry has reviewed the export performance of March and the past nine months with relevant officials. The Minister of Trade and Industry, Melaku Alebel, on his part said the government is working hard to alleviate the shortage of factory spare parts for the cement industry and $ 40 million for other industries. He said the ongoing support, monitoring and control activities will be strengthened to enable them to fulfill their expected share of the country's economic growth by using the approved foreign exchange only for the desired purpose. He said the manufacturing industry is making good progress as it is a good opportunity for economic productive countries. Melaku said sugar prices in the world have more than doubled, adding that sugar producers are allowed to import and use Franco Valuta.
Addis Ababa, April 13 (MOTI) - The Ministry of Trade and Industry of the Federal Democratic Republic of Ethiopia (FDRE) has called on the Ethiopian Petroleum Supply and Distribution Authority (EPDA) and the Ethiopian Petroleum Corporation (EEPC) Has a conversation with. During the meeting, Melaku Alebel, Minister of Trade and Industry of the Federal Democratic Republic of Ethiopia (FDRE), said studies are being carried out on the sector's organization, infrastructure and procedures. He said the ministry is working hard to address the supply and quality issues in the sector, from the fuel procurement system to the end users.
Addis Ababa: April 12, 2021 (MOTI) - State Minister of Quality, Trade and Regulatory Affairs, Eshete Asfaw, said 3 million liters of oil is currently being imported from Djibouti. He also said that there is no threat to the supply of depots in all parts of the country. According to Eshete, there are demonstrations in some parts of the capital, citing insecurity in the Afar region.
Addis Ababa, April 07, 2021 (MOTI) - Fregorifico Boran, a food processing company in Alana Group, which has been investing in Ethiopia for the past few years, is not producing at full capacity due to the current crisis. They are incompetent, lack of foreign exchange and lack of market access. The company has the capacity to produce 9,000 goats and 3,000 head of cattle per day, but currently produces only 800 sheep and goats.
For the first time, we have received 1000 quintals of yellow beans, one of the most sought after products in the world market, through the Bule Hora branch of the Ethiopian Commodity Exchange. Accordingly, we call on exporters to purchase the product as it will be available for sale.