News In Brief

REVENUES

Office Collects 125.7m Br Revenue

The Revenue Office of Hadya Zone inSouthRegionalStatesaid it has collected 125.7 million Br in revenues during the last nine months of the current fiscal year. The revenue was collected from direct and indirect tax as well as from non-taxable income titles. The amount surpassed by 30 million Br that of same period last year. Efforts are underway to collect 148 million Birr in the current fiscal year.

Publication: The Ethiopian Herald, Sunday, April 28, 2013.

Office Collects 178m Br Revenue

A little more than 178 million Br in revenues has been collected from different income titles in West Gojjam Zone of theAmharaRegionalStateduring the last nine months, of the current fiscal year. The amount exceeded by over 41 million Birr that of same period in the previous year. The revenue was collected from agriculture, trade and other income titles, according to Jembere Workneh, Zonal Revenue Branch Office head. The plan is to collect over 213 million Birr during the current budget year. According to information obtained from the office, there are 22,400 tax payers in 13 rural Weredas and five urban administrations in the zone.

Publication: The Ethiopian Herald, Sunday, April 28, 2013.

Bahir Dar Collects 296m Br Revenue

The Revenue Office of Bahir Dar Town,AmharaRegionalStatesaid it has collected 296 million Br in revenues during the last nine months of the current fiscal year. The revenue is collected from land lease, tax and other income titles. The amount surpassed by over 111 million Br that of same time in the previous year and increased by 63pc compared to the set target to collect.

Publication: The Ethiopian Herald, Monday, April 29, 2013.

Close to 3.7m Br Secured from Tourism

A little more than 3.7 million Br was secured from 13,000 tourists, who visited theSemienMountainsNational ParkinAmharaRegionalStateduring the last nine months. The amount exceeded by 60,000 Br that of same period last year, according to Maru Biyadglegn, Park Office head. Close to 12,000 of the tourists were foreigners from Europe, Asia, theUSandAfrica. The Park, which is inscribed by UNESCO as a World Heritage site in 1978, is home for a number of wild animals and birds including the Walia Ibex, found nowhere else in the world.

Publication: The Ethiopian Herald, Friday, April 26, 2013.

INVESTMENT

Close to 1.4b Br worth Investment Projects Underway

Close to 160 investors with 1.4 billion Br combined capital has been undertaking various projects in Shire Endasselassie Town of Tigray Regional State for the past four years. The investors are engaged in the industry, hotel and tourism, construction, agriculture and real-estate sectors, according to Muluberhan Tizazu, Investment Promotion Work Process coordinator of the town. So far projects owned by 100 investors have entered production phase and already created 5,000 jobs.

Publication: The Ethiopian Herald, Sunday, April 28, 2013.

ROADS

ERA Constructs, Renovates 7,800km Roads

The construction and renovation of 7,800Km roads was carried out by the Ethiopian Roads Authority (ERA) in different parts of the country during the last nine months of the current fiscal year. The achievement is 81pc of the set target to construct 322Km roads during the reported period and the Authority has accomplished 99pc of its plan through renovating 7572Km roads.

Publication: The Ethiopian Herald, Saturday, April 27, 2013.

MICRO & SMALL ENTERPRISES

MSEs in Dire Dawa Receive College Training

Micro & Small Enterprises (MSEs) in Dire Dawa are receiving training from Ethio-Italy Technical andVocationalCollege. The training is being provided to MSEs drawn from four of the nine Kebelles of the Dire Dawa City Administration. The Enterprises are receiving skills in business administration, marketing and KAIZEN, according to Elias Ahmed, vice dean of the College. The training, which has been going on for over a year and a half, is being provided to 61 MSEs, he said.

Publication: The Ethiopian Herald, Sunday, April 28, 2013.


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