ADVERT CLUTTER


ADVERT CLUTTER

This wall on the side-walk in Megenagna has lost some of its grey and water blue look of the concrete and the steel fence. Much of the space is now covered with advertisements printed on A4-sized paper sheets and glued on the wall and fence. Hard to remove afterwards, it has ended up giving the area a cluttered look.


Radar

E-Passport Service Begins with Local Production Set for October

Immigration & Citizenship Services (ICS) has commenced e-passport issuance supported by an inventory of 1.5 million passports, with local production scheduled to begin in October. ICS invested 2.5 billion Br in telecom and data center infrastructure, and an additional 80 million dollar in document procurement. This included 1.5 million passports (50 dollars each), 300,000 alien passports and yellow cards (eight dollars each), and half a million emergency travel documents and laissez-passers...


Radar

Sovereign Fund Reviews Mid-Year Performance of Line Companies, Calls for Strategic Improvements

Ethiopian Investment Holdings (EIH) launched its mid-year performance review for its portfolio companies, displaying mixed results for the first half of the fiscal year. Ethiopian Sugar Industry Group (ESIG) reached 95.3pc of its sales goal, selling 64,190tn of sugar for 6.1 billion Br—a 132pc year-on-year growth—despite capacity and supply issues. The Ethiopian Petroleum Supply Enterprise (EPSE) met 92pc and 97pc of its purchase and sales targets, respectively, stating it has benefitt...


Radar

Digital Pay Uptake Booms Among SMEs, Visa Study Finds

Over 80pc of surveyed small- and medium-sized Enterprises (SMEs) have started accepting digital payments in the last two years, according to a new Visa report titled, ‘Value of Acceptance: Understanding the Digital Payment Landscape in Ethiopia'. Citing increased convenience, the report indicates reduced fraud risk and improved efficiency as factors in the uptake. A substantial 66pc of these SMEs believe that investing in digital payment technologies will support future business growth. The...