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Authorities Intercept Massive Haul of Alleged Illegal Goods


Authorities Intercept Massive Haul of Alleged Illegal Goods

The Ethiopian Customs Commission reported that alleged contraband goods worth more than 820 million Br were confiscated during inspections in the first week of March. Of the total, 796.9 million Br came from imports and 23.8 million Br from exports, intercepted across multiple branch offices. Jigjiga led the seizures with 231 million Br, followed by Awash with 128 million Br and Moyale with 112 million Br. Confiscated items included textiles, electronics, coffee, cereals, vehicle parts, cosmetics, khat, narcotics, medicines, minerals, livestock, and foreign currencies. The operation also resulted in the arrest of five suspects and the seizure of two vehicles used to transport the goods.

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Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...