ECX Transacts 26.6b Br in Eight Months

Mar 14 , 2020


The Ethiopian Commodity Exchange (ECX) has transacted 26.6 billion Br worth of agricultural commodities during the eight months of the current fiscal year. It traded 528,899tn of coffee, sesame, green mung beans and kidney beans in the reporting period. Coffee took the lion's share in value and volume, accounting for 202,248tn worth 15.7 billion Br. Sesame follows with 186,474tn traded for eight billion Birr. In the 20 days between March and February, the ECX has traded 97,383tn of commodities worth 4.4 billion Br. In the reporting period, sesame took the leading position in volume, accounting for 35,901tn, while coffee followed with 25,354tn. In terms of value, coffee led the pack with 2.3 billion Br, followed by sesame, which fetched 1.5 billion Br in transactions.


Radar

Yirgalem Hospital Inaugurates New Oxygen Production Plant

A new oxygen production plant has been inaugurated at Yirgalem Hospital Medical College in Sidama Regional State. The launch was attended by the regional state's chief administrator Desta Ledamo and Health Minister Mekdes Daba (PhD). Desta noted that a new kidney dialysis centre will soon be opened as well. Mekdes stated that the Ministry is working to increase the number of oxygen production facilities from the current 10 to 34 nationwide. The Yirgalem plant cost 86 million Br to build and h...


Radar

Corridor Develops with Parking, Recklessness Concerns, Research Finds

Research involving 400 respondents across four first-round corridor development routes revealed major challenges to the initiative. The study, conducted by Shaka Analytics and ETC Institute in collaboration with the Addis Abeba City Transport Bureau, examined the impact of the program on transportation patterns, transit accessibility, and parking availability. The routes—Arat Kilo to Bole Deldey, Embassy of England to Arat Kilo, Mexico roundabout to Wello Sefer, and Piassa to Arat Kilo—we...


Radar

Digitalisation Spreads to the Court System

Ethio telecom and the Amhara Regional State Supreme Court have agreed to implement a Smart Court project in Bahir Dar to modernize court operations using digital technology. This agreement includes building a modern network infrastructure, implementing cloud services, creating a modular data centre, establishing a network operations control centre, and connecting the region's courts with a secure digital network. The project is designed to facilitate secure digital information exchange betwee...