News In Brief




REVENUE

SNNP Region Collects 1b Br Revenue

The SNNP Regional State collected over one billion Birr in revenue from different income titles during the last seven months, according to the Revenue Authority of the State. The income came from direct and indirect taxes, as well as municipality services. The revenue is part of the total three billion Birr expected to be collected by the Authority in the current fiscal year. Awareness raising education is being provided to tax payers in the hopes of achieving the plan, according to the authority.

Publication: The Ethiopian Herald, Wednesday, March 20, 2013.

Leather Industry Secures $80m

Close to 80 million dollars has been secured from the export of leather and leather products in the last eight months, according to the Ethiopian Leather Industry Development Institute (LIDI). Around 66.02 million dollars was from processed leather, 11.49 million dollars from footwear, 2.07 million dollars from gloves, whilst the balance was from leather products.  The revenue collected surpassed the same period last year by 2.5 million dollars, said Tesfaye Brehanu, planning & information directorate director for LIDI.

Publication: The Ethiopian Herald, Friday, March 15, 2013.

ROAD

Southern Region Undertakes Road Construction Worth 1.5b Br

The Southern Region is undertaking a road construction projects that cost 1.5 billion Br. The construction of the roads is expected to connect different kebeles, weredas and zones in the region. The roads which are under construction have a total of 600Km. Out of this, 300Km roads are already gravel and are expected to be completed within the five years of the government’s Growth & Transformation Plan (GTP).

Publication: Addis Zemen, Monday, March 18, 2013.

INVESTMENT

Kombolcha Town Issues Investment Licences

Over 20 investors, with a combined capital over 56 million Br, received licences in Kombolcha over the last nine months, to undertake various investment projects, said Abere Abera, mayor of the town. The projects that are in the areas of industry, construction, urban agriculture, hotel & tourism, have already created 800 jobs, according to Abere. The town in preparing industry sites in different locations since the number of incestors applying to engage in different sectors is increasing, said Abere.

Publication: The Ethiopian Herald, Tuesday, March 19, 2013.

Hawassa Launches 184m Br Worth Clean Water Facility

A safe water project, worth over 184 million Br, is being carried out in Hawassa town, according to the town administration water & sewerage department. The project will benefit over 450,000 residents next year, once it is fully operational, said Letta Yetamo, department head. Financing for the construction has been secured from the state government, town administration, international donor organisations and NGO’s, according to Letta.

Publication: The Ethiopian Herald, Friday, March 15, 2013.

AGRICULTURE

Sale of Fattened Animal Brings 100m Br

The sale of fattened animals has earned 11,000 farmers and semi-pastoralists over 100 million Br in Bench Maji Zone, in the last seven months, according to the Zonal Agriculture Department. The department is attempting to enable farmers and semi-pastoralists to supply over 73,000 fattened animals to the market, to secure 271 million Br in the current fiscal year.

Publication: The Ethiopian Herald, Friday, March 15, 2013.

Honey Sale Generates 182m Br for Farmers

More than 15,000 honey farmers in West Gojam Zone of Amhara State, secured over 182 million Br from the sale of over 4 million kilogrammes of honey in the last six months, according to the zonal agriculture department. The farmers utilised over 164,130 beehives to produce the honey, and the amount of honey  produced has doubled since the same time last year, said officials from the department.

Publication: The Ethiopian Herald, Friday, March 15, 2013.



Published on March 24, 2013 [ Vol 13 ,No 673]


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