Industry Players Counter the Chambers' Proposed Reform

May 13 , 2023


The national and city chambers and sectoral associations pleaded their case on the proposed amendment of the bill for their re-establishment which has been in the making for the past three years. The ailment of stipulating a regulatory body between the general assembly and boards of directors, the 'unsettling' responsibilities of the Addis Chamber and the Ethiopian Chamber, and the number of board members selected had been hot topics in the discussion. Yohannes Woldegebriel, arbitration institute director at the Addis Chamber of Commerce & Sectoral Association, was in fury because the Ministry of Trade & Regional Integration had failed to tend to the written recommendations submitted over a month ago. "Our inputs were not considered," he said. According to Yohannes, the bill is proposed to strengthen the Ethiopian Chamber & Sectoral Association, which was passive for the past two decades. Bekele Tsegaye, the Chemical and Manufacturers Association president, concurs that the Ethiopian Chamber lacks the competence to be given the power to control businesses and rule over the city chamber. He suggested that the roles of both parties should clearly be considered lest it creates a toxic competition among them. "That will make both grow weaker," he said. Another panellist, Gebrewold Ashengo, a business development specialist, said chambers should not be seen based on their hierarchies but rather on the roles they had played over the years. "This is not a political order," he told Fortune. He recommended the mandate to engage in foreign policies and national agendas should be given to the Addis Chamber as it has played a significant role for the past several years.


Radar

Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


Radar

AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Radar

Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


Back
WhatsApp
Telegram
Email