Authority Bans Dozens of Food Brands

Jan 7 , 2022


[ssba-buttons]

The Ethiopian Food & Drug Authority has issued a ban on no less than 63 brands comprising eight food types in Addis Abeba and surrounding areas. Half of the brands are iodised salt products, while the list also includes five vinegar products, three peanut butter and honey products, a brand of baby food, candy and sugar. Officials say the items were on shelves without government approval and lacked any labels that would enable them to be traced to their manufacturers. The products have been circulating in shops located in the capital and neighbouring areas. The Authority has called on shopowners and administrative bodies to remove the products from the market.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...