Commission Seizes 17.5m Br Worth of Contraband

May 9 , 2020


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

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...