Agency Invests 10m Br in Vehicles

Feb 15 , 2020


The Pharmaceutical Supply Agency (EPSA) bought 15 automobiles for 10.5 million Br to enhance the facilitation of the health sector. Manufactured by BAIC Group, a Chinese state-owned enterprise, the sedan vehicles were manufactured in 2018. The vehicles are being received by the Agency starting from February 6, 2020, according to Biruk Sintayehu, the procurement expert of the Agency, which has 200 cars, out of which 190 are equipped with GPS systems. Recently, the Agency, supported by the Clinton Health Access Initiative, has inaugurated a cold chain warehouse with a capacity of 1,104.8 cubic metres of storage. The cold room warehouse that sits on 3,000Sqm was built at a cost of more than 25 million Br within five months. The Agency has 19 branches located throughout the country, two of which are in Addis Abeba, and operates with 2,535 permanent and 314 contract employees. It supplies pharmaceuticals, chemical reagents, medical supplies and equipment to over 4,000 health facilities nationwide.


Radar

New Unit to Oversee City Tax Audits

The Addis Abeba City Administration Revenues Bureau has launched a new work unit to ensure the quality of tax audit decisions through a re[1]auditing procedure. According to Adane Sule, the head of the bureau's office, the new audit quality assurance unit will seek to address gaps and malpractices that previously existed due to the absence of a similar body to verify tax audit decisions. He asserts that the unit's main goal is to re-audit decisions, verify their quality and relevance, and correc...


Radar

Shipping Behemoth Beats Profit Target Despite Cargo Dip

Ethiopian Shipping & Logistics (ESL) announced its six-month performance report for the fiscal year, revealing a mixed outcome. While it achieved 95pc of its operational service target, handling 2,880,187tn of cargo, this represents a slight decrease compared to the same period in the previous fiscal year. The ESL attributed this dip primarily to global difficulties, notably Red Sea shipping disruptions. Despite these hurdles, the company reported exceeding its profit targets. Projecting...


Radar

Customs Hits Revenue Target, Cracks Down on Smuggling

The Ethiopian Customs Commission announced that it has exceeded its revenue collection target for the first six months of the fiscal year. The Commission collected 203.75 billion Br, surpassing the planned 190.9 billion birr by 106.73pc, representing a 106.7 billion Br increase compared to the same period in the previous fiscal year. Commissioner Debele Kabeta noted that coordinated efforts with other institutions to prevent contraband contributed to the successful outcome, resulting in the seiz...