ECX Transacts 4.6b Br of Commodities

Feb 15 , 2020


The Ethiopian Commodity Exchange (ECX) transacted 92,239tn of commodities worth 4.6 billion Br in January. During the month, the ECX transacted 43,927tn of sesame and 24,391tn of coffee for 1.9 billion Br and 2.2 billion Br, respectively. It also traded 9,643tn of soybeans, 9,268tn of green mung beans, and 5,009tn of chickpeas for 201 million Br, 240 million Br, and 65.6 million Br, respectively. Compared to the same period last year, the transacted sesame shows a 37pc increment in volume and 33pc in value. Coffee shows a growth of 51pc in value and volume that was provided for the foreign market. The overall transactions compared to the same period of last year shows a decline of 10pc in volume and a growth of 21pc in value.


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...