Gold Water Hits the Market

December 21 , 2019


Gold Water Hits the Market

Goldwater, a subsidiary of Gold Group, launched bottled water products early last week at Skylight Hotel. Gold Group set up the Gold Still Water Bottling Plant at the Taxeq Industry Zone in Burayu in Oromia Regional State and the Gold Sparkling Water Plant in Ambo town in Oromia Regional State at a combined investment of over 600 million Br. Gold Still Water Bottling Plant will have a capacity of producing 170,000 bottles an hour in 330ml, 600ml, one-litre, two-litre and 20-litre bottles. The plant started operation in Burayu with a production capacity of 18,000 bottles an hour on a 30,000Sqm area with one bore well with a 133-metre depth. The plant has created employment opportunities for over 300 employees. Gold Sparkling Water Plant, which rests on two hectares of land, will have a production capacity of 24,000lt of sparkling water an hour and is expected to enter the market after six months with a half-litre bottle. When it becomes operational, it is expected to create 120 jobs.


Radar

Leather Industry Struggles to Meet Expectations

The struggling leather industry managed a little over 33 million dollars in export earnings over the first 10 months of the financial year. It is less than half of officials' aspirations to generate 69 million dollars over the same period, and highlights the troubles faced by the industry over the past few years. Exports from finished leather goods plunged 72pc last year from three years ago. Only eight finished leather manufacturers accounted for 89pc of last year's export earnings, sh...


Radar

Corporation Calls on Suppliers for 200,000tn Sugar Procurement

Executives of the Ethiopian Sugar Corporation have taken steps to procure 200,000tn of sugar from international suppliers. The Corporation had invited shortlisted companies to submit offers, after an attempt to procure the sugar through an international tender went awry. However, officials at the Ministry of Finance instructed its executives to scrap the invitation and proceed to float a second bid. The shortlisted suppliers have also been invited to take part in the bidding process. T...


Radar

TAGGED

Youth in the National Theatre area are waiting for the bus to start moving. They have found a handle to grab and accelerate them ones its starts moving as they ride their skateboard. Although skateboarding is nearly unheard of in Ethiopia, over the past few years, young people have developed a taste for it. Safety, though, leaves a lot to be desired...