Archive for the 'Economics' Category
Businessmen Discuss Tax Levying Problems
Author: admin
The Addis Ababa Chamber of Commerce has organised a forum that has discussed tax levying and problems related to it as general manager of the Federal Inland Revenue Authority, Beyene Bekele called on the business community to support the government effort in creating a proper and voluntary tax collection system. Read the rest of this entry »
read comments (0)Young Women’s Cooperative Improving Traditional Pottery
Author: admin
Established two years ago, the Ethio Young Women’s Pottery Cooperative (EYWPC) is the first small group of young women organized into a cooperative micro-enterprise.
According to Aster Anteneh, EYWPC project coordinator, EYWPC is formed with the objective of creating more marketable and durable artistic products through imaginative design and technical quality. The purpose of the project is to create more sustainable and income generating jobs and to raise the status of women from traditional pottery families. “Changing the society’s attitude towards traditional pottery is also our objective,” Aster told Addis Tribune. Read the rest of this entry »
Businesses should explore new ways and strategies on how to come out of depressing business situations to successfully achieve business activities, Zewde Biratu said at panel discussion organized by the Addis Ababa Chamber of Commerce (AACC).
Zewde Biratu, General Manager of Zewde and Associates Plc, said that at a time when the business climate is gloomy and the relationship between banks and the business community is lukewarm, considering about a good business plan and its elements as well as examining its relevance is good for effective business activities. Read the rest of this entry »
Participants at the two-day workshop organized by the Chemical Society of Ethiopia in collaboration with the Ethiopian Export Promotion Agency and the Ethiopian Manufacturing Industries Association under the motto of ‘Let us Enhance Industrial Competitiveness’ highlighted that upgrading industrial competitiveness is a must to increase the country’s import-export substitution and cope up with challenges facing the sector.
In his opening address to the large gathering of participants comprising the civil society, business community, scholars as well as policy makers among others, Fantaye Biftu, State Minister of Ministry of Trade and Industry said that “in order to do away with the limited diversity of the country’s import-export substitution, to bring about a predictable macro-economic development and to effectively utilize the ever growing globalization trade orders, a country must increase its industrial competitiveness and accept the role that could be played by the wide spectrum of different organizations most importantly by the private sector.” Read the rest of this entry »
Authority to Award Outstanding Investors in Ethiopia
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The Ethiopian Investment Authority (EIA) envisages to award investors who are actively involved in supporting and promoting the country’s investment for the last nine years.
Briefing local journalists about the award, which is the first of its kind, Ato Abi Wolde Meskel, General Manager of EIA said that 15 investors particularly those who are engaged in the farming industry and related sectors would be given the award, which is to take place at the Sheraton Addis, on June 22, 2002. Read the rest of this entry »
While the world is offering enormous commercial opportunities for products of small enterprises such as fabrics, wood and stone carvings, and artifacts, Ethiopia which is well-known in making these products is still lagging behind in its supply of these products to the international market due to lack of understanding of market requirements, said Victory Lamont, a consultant working with SNV Netherlands Development Organization.
In an interview with Addis Tribune, Mr. Lamont said that Ethiopian small enterprises engaged in these sectors are not grasping the economic opportunities the world is offering them. But, according to him, the sectors would have incredible possibilities of creating qualified products that could be supplied to shops and stores of the international market if developed and adapted in line with the world’s market demand, he said. Read the rest of this entry »
The Thriving Brokering Business
Author: admin
“The market for our service is getting better and better. This is because many people are becoming aware of our service and job seekers and employers are ever increasing than it is used to be,” said Yiradaw Mekonnen, a self-employed man who is engaged in the brokering service in the Casa Inces area.
The brokering service is a common business in Addis Ababa. The Casa Inces area is one of the places where the service is being provided. There are twenty-six brokers working in the area. Read the rest of this entry »