Chamber Bill Proposes Name Change

Jan 9 , 2021


[ssba-buttons]

The amended draft proclamation of the Ethiopian Chamber of Commerce & Sectoral Associations has proposed a change to its name. The draft, presented at a panel discussion last week, would rename the organisation the Chamber of Commerce & Industry. The proposed change caused a split in interest at the meeting attended by all 18 member associations and four of its former presidents. Members from the industry and manufacturing sectors welcomed the change, while others raised concerns on the exclusion of sectors like tourism and ICT in the name. The need for the Chamber to expand its activities, in issuing permits for bazaars and exhibitions, was also raised in the discussion. The service, currently provided by the Ministry of Trade & Industry and regional trade offices, can be conferred by the Ministry to the Chamber by law. Members of the Association suggested this push in order to control the quality of bazaars and exhibitions as well as expand the Chamber's means of income through service fees. The draft law is intended to go through a series of discussions before being tabled to the Ministry, as the Association's first proclamation in 2003 had caused disagreements between members, according to Melaku Ezezew, president of the Chamber.


Radar

Fresh Push to Help Farmers Get Covered & Cash In

The Ministry of Agriculture has established the Rural Finance Service Unit (RFSU) to coordinate and expand agricultural insurance nationwide. Announced on Tuesday at the 2025 UNDP Financial Resilience in Agriculture Community of Practice forum (held at the UN Economic Commission for Africa headquarters), the RFSU is supported by UNDP, JICA, and other partners with funding from the Bill & Melinda Gates Foundation. Agriculture Minister Girma Amente (PhD) and State Minister Sofia Kassa attended...


Radar

Mission 300 Gains Momentum as Ethiopia Charts Path to Energy Equity

The Government has developed a National Energy Compact with the goal of achieving universal electricity access by 2030. The strategy, led by the Ministry of Water & Energy (MoWE), outlines Ethiopia's commitment to reaching 100pc energy access for its population within the next five years. According to State Minister for Energy Development Sector Sultan Woli, the compact was prepared in collaboration with key development partners, including the World Bank Group and the African Development...


Radar

Rammis Bank Commences Mobile Application, Card Banking Services

Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturday at the Grand Eliana Hotel. The app allows users to transfer funds at any time, pay bills, top up mobile airtime, and send money to telebirr wallets for themselves or others. The newly introduced card service enables customers to withdraw cash from any ATM and make payments via Point of Sale (P...