Commission Seizes 17.5m Br Worth of Contraband

May 9 , 2020


[ssba-buttons]

The Ethiopian Customs Commission and the Federal Food & Drug Administration has seized contraband that was stored in six warehouses in the eastern part of the country. In Harar and Dire Dawa, 17.5 million Br worth of goods including medicine, electronics, food products, and oils were confiscated, according to Derebe Kabeta , Customs Commission commissioner. One individual was killed and three others injured in clashes between the criminals and security forces, according to him. The Commissioner said that the smugglers and their accomplices have been arrested, despite the fact that they tried to free up the materials that were confiscated using firearms. Heran Gerba, director-general of the Federal Food & Drug Administration said that the action was carried out after three months of surveillance. An estimated 12 million Br has been seized in Dire Dawa and 5.5 million Br in Harar. The country seized 120 million Br worth of contraband goods during the last month.


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...