Ministers Council Nods to Contract Farming Bill

Aug 20 , 2022


The Council of Ministers has approved a bill that looks to formalise contract farming models. Federal officials hope to encourage expanding a demand-driven farming system by rolling out a legal framework that allows agro-processing industries to source raw materials from millions of small-scale farmers. In the making for the past five years, the bill was initially under the Agricultural Transformation Institute (formerly an Agency) before the Ministry of Agriculture (MoA) took over the mandate three years ago. It intends to legalise contract farming models. Contract farming has been limited to a few agricultural commodities, including oilseeds, sugarcane, and barley. The bill will be tabled to lawmakers when Parliament reconvenes next month.


Radar

City Approves Supplementary Budget for Capital Projects

Mayor Adanech Abiebe updated the City Council on the corridor development project during a meeting. While progress has been made, there are outstanding issues for some residents. An estimated 20pc of the 5,135 households impacted by construction have not yet received compensation or replacement housing. The Council approved a supplementary budget of 21 billion Br for the current fiscal year, which ends in two months. Over 90pc of these funds are earmarked for finalising capital projects, with...


Radar

Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


Radar

Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


Back
WhatsApp
Telegram
Email