REVENUE
EnterpriseEnvisages to Earn 380m Br Revenue from Coffee
Coffee Plantation Development Enterprise said it has envisaged to earn 380 million Br revenue from sale of coffee and other agricultural products during the current fiscal year. TheEnterpriseis working to supply 60,000qls of coffee to local and international market during the reported period, according to Ephrem Mersihe, director-general of theEnterprise. TheEnterpriseexports coffee to 15 coffee processing companies in eight countries includingBelgium,Germany,Italyand US. TheEnterprisehas managed to increase productivity to 11qls a hectare and the amount of coffee harvested per annum to 48,843tn on average, Ephrem said. TheEnterprisehas been cultivating coffee and other agricultural products on 7,910ha.
Publication: The Ethiopian Herald, Wednesday, September 25, 2013.
MICRO & SMALLENTERPRISE
Close to Three Million Citizens Engage in MSEs
Close to three million citizens have engaged in micro and small-scale enterprises sector during the first three years of the Growth & Transformation Plan (GTP) period, Mekuria Haile, Minister of Urban Development & Construction said. In his report to the 6th regular meeting on the sector Mekuria said three billion Birr loan was provided to the beneficiaries during the reported period. The Minister said prime attention is given to support the micro and small-scale enterprises sector.
Publication: The Ethiopian Herald, Wednesday, September 25, 2013.
CONTRABAND
Office Intercepts 46.7m Br Contraband Goods
The Bahir Dar Branch Office of the Ethiopian Revenue & Customs Authority (ERCA) said it has intercepted contraband goods valued at 46.7 million Br during the previous year. The contraband goods valued at 28.2 million Br were intercepted while smuggling out of the country via the border town ofMetematoSudan. Second hand clothes, electronic goods, detergents and weapons valued at 18.4 million Br were also intercepted while smuggling into the country, the Office said.
Publication: The Ethiopian Herald, Tuesday, September 24, 2013.
AGRICULTURE
Zone Plans to Increase Coffee Production
Irrigation development will be strengthened to increase coffee production in Gedeo Zone,SouthRegionalStateduring the current fiscal year, the zonal agriculture department said. Speaking at a training organized for 500 experts drawn from six Weredas of the zone, Department Deputy Head, Tessema Jigso said efforts will be exerted to increase productivity through making use of rivers and springs for irrigation purpose. Currently, close to 14 million coffee seedlings are prepared in the zone, Tessema, who is also coordinator of coffee and tea development work process said, adding, irrigation development will contribute in the efforts to increase productivity.
Publication: The Ethiopian Herald, Monday, September 23, 2013.
Zone Transplants 38m Coffee Seedlings
A little over 38 million coffee seedlings were transplanted on 15,000ha land in Benchi Majji Zone, Southern Regional State during the last main rainy season, the zonal agriculture department said. The area of land covered with coffee seedlings exceeded by 700ha that of the previous year.
Publication: The Ethiopian Herald, Tuesday, September 24, 2013.
CONSTRUCTION
Wereda Implements 15m Br Worth projects
Various development projects are being carried out in Ilu Gelan Wereda of West Shoa Zone,OromiaRegionalStatewith 15 millionBr.The projects are in the areas of health, education, agriculture, road construction and safe water provision, according to Eba Tadesse, chief of the Wereda. The projects are being carried out in collaboration with the government, the public and non-governmental organizations. Upon going fully operational at the end of the current fiscal year, the projects will benefit close to 40,000 people, Eba said.
Publication: The Ethiopian Herald, Tuesday, September 24, 2013.
Leave a Reply